Australia

North Korea plans to launch a space satellite between May 27 and June 4

North Korea plans to launch a space satellite between May 27 and June 4

North Korea notified Japan of its plan launch a rocket that will carry a space satellite towards the Yellow Sea and the east of the island of Luzon between May 27 and June 4the Japanese Coast Guard reported on Monday. The notification It comes ahead of a trilateral summit between Japan, South Korea and China ...

ILO says that Colombia has a deficit of 4% of GDP to finance social protection

ILO says that Colombia has a deficit of 4% of GDP to finance social protection

The International Labor Organization, ILO; presented this week a new report on the security and sustainability conditions of populations in low- and middle-income countries. According to the document, the governments of these countries, They must increase spending by an additional US$1.4 trillion to provide basic social protection for all citizens. This additional resource represents a ...

French far-right defeats Macron's party in EU elections

French far-right defeats Macron's party in EU elections

The France's far-right National Rally is widening its lead against President Emmanuel Macron's party in the European elections that will be held in two weeks, according to an Elabe survey for La Tribune and BFM TV. When asked which party they plan to vote for, 33% of respondents backed the National Rally, led by Marine ...

Australian pension funds bet on niche private debt for more profits

Australian pension funds bet on niche private debt for more profits

Australia's pension giants are looking expand its private credit exposure to some emerging productsas the cash-rich industry looks for ways to diversify portfolios and boost returns. AMP Ltd., one of Australia's largest pension providers, has launched a new US$198 million (AUD$300 million) alternative debt fund to invest in credit risk transfer, a relatively new corner ...

What has changed in the business world since the murder of George Floyd in 2020?

What has changed in the business world since the murder of George Floyd in 2020?

The murder of George Floyd on May 25, 2020 at the hands of a Minneapolis police officer sparked outrage across the US, leading to protests and inspiring political pledges. American companies also responded, pledging $12 billion in financial commitments to address racial inequality and another $80 billion to support minority suppliers, according to Bloomberg surveys ...

Putin meets with heads of military plants and calls for accelerating the war economy

Putin meets with heads of military plants and calls for accelerating the war economy

President Vladimir Putin urged heads of military equipment manufacturers to increase production and make Russia's war economy more effective. “It is important to build an effective economy of the armed forces”Putin said Saturday at Tactical Missiles Corp. JSC, a key producer of weapons, including missiles. “We must always be one step ahead, be ahead of ...

Supreme Court Sides with Republicans in Fight Over Race-Based Voting Map

Supreme Court Sides with Republicans in Fight Over Race-Based Voting Map

The US Supreme Court on Thursday made it more difficult to prove racial discrimination on electoral maps in a major ruling who backs South Carolina Republicans who expelled 30,000 black residents when they redrawn a congressional district. The 6-3 decision, with conservative justices in the majority and liberal justices dissenting, overturned a lower court's ruling. ...

In the Andes of Argentina, a growing bet on copper awaits a boost from Milei

In the Andes of Argentina, a growing bet on copper awaits a boost from Milei

High in the Andes mountain range, Argentina has world-class copper projects that could supply much of global demand, but the country's macroeconomic instability has delayed progress that awaits the impetus of the ultraliberal Government of Javier Milei. Both the national government and those of the provinces, which in Argentina are owners of the resources, They ...

European banks travel to Chile to evaluate the progress of investments in renewables

European banks travel to Chile to evaluate the progress of investments in renewables

Financial Diary – Santiago It was on June 14 of last year when the president of the European Commission, Ursula von der Leyen, met with President Boric, in La Moneda, within the framework of a tour through Latin America. Along with signing two agreements on green hydrogen, her visit addressed the financial situation of some ...