Latest news (Page 22)
North Africa to benefit from European oil demandÂ
Global energy giants are increasingly turning to North Africa to quench their thirst for new sources of oil. Long viewed
Sri Lanka receives long-awaited IMF bailout
The IMF approved a $3 billion funding package on Monday after months of back-and-forth with Sri Lanka’s government during
Saudi Arabia and Iran plan bilateral talks
After holding a call on the first day of Ramadan, Saudi Arabia’s and Iran’s foreign ministers have agreed
Vietnam seizes tons of ivoryÂ
Vietnamese authorities confiscated seven tons of elephant tusks on Monday, its largest seizure of smuggled wildlife in over four years,
Lula’s team struggles to put forward credible economic plan
A meeting of the leading economic policy figures in Brazil this week highlighted President Lula de Silva’s difficulty in
Russia changes tax policies to counter drop in oil revenue
Moscow has moved to change its process for taxing oil companies as steep discounts between various price levels have eroded
IMF warns Lebanon of hyperinflation risk
Ernesto Ramirez Rigo, the head of the IMF’s mission in Lebanon, said on Thursday that progress towards finalizing a
Ukraine clinches IMF package to protect its battered economy
The IMF finalized a $15.6 billion loan, pending board approval, providing a financial lifeline for the battered Ukrainian economy.
Oil minister resignation suggests a broader anti-corruption purge in Venezuela
Venezuela’s powerful oil minister Tareck El Aissami resigned after several high-level executives of state-owned oil company PDVSA were arrested
Orban clashes with Hungary’s central bankÂ
Hungarian Prime Minister Viktor Orban has escalated a standoff with the country’s central bank with a decree constraining its
Brazil inks deal to conduct Chinese trade in yuanÂ
China and Brazil have agreed to conduct their trade in their own currencies, moving away from the US dollar, AFP
Corruption and impeachment disrupt regional executives across Latin America
As the Ecuadorian constitutional court approved impeachment proceedings against President Guillermo Lasso, the Peruvian congress tabled a motion to impeach