The United Arab Emirates announced on Tuesday its departure from Opec and Opec+, in a severe blow to the oil exporting groups and their de facto leader, Saudi Arabia. at a time when the war with Iran has caused an unprecedented energy crisis and destabilized the global economy. The surprising loss of the UAE, a ...
He Oil prices rose after efforts to restart peace talks over the war with Iran failed, leaving the Strait of Hormuz virtually impassable and prolonging the supply disruption that has shaken global markets. Brent crude oil rose up to 3%, reaching US$108.50 per barreland West Texas Intermediate advanced toward $97, before giving up some of ...
The Migration Security Agency of Argentina, headed by Sebastián Pablo Seoane, and belonging to the Ministry of National Security, led by Alejandra Monteolivacarries out immigration raids and marches with a strict plan of passport controls at borders and airports, after the approval of the new Decree 366/2025 that seeks to prevent the entry of irregular ...
US President Donald Trump bought bonds worth at least $51 million in Marchaccording to financial information published on Saturday, and the purchases spanned several sectors. Trump made 175 financial transactions last month, according to forms released by the US Office of Government Ethics. The forms do not include the exact values of each sale or ...
Police in Peru said Friday they were raiding up to 12 properties, including that of former electoral office chief Piero Corvett.o and other former officials, for the alleged crime of “aggravated collusion” in the framework of an investigation into irregularities in the April 12 elections. In a message by The police said that the property ...
The telecommunications operator Claro, owned by the Mexican América Móvil, is open to new deals in Brazil following the recent acquisition of Internet Desktop provider. “We are analyzing all the options that are presented to us,” Rodrigo Marques, general director of Claro in Brazil, told reporters in São Paulo on Thursday. “But we don’t buy ...
In a context where the increases in housing prices seem to find no end, partly due to the high taxation to which properties that come onto the market are subject, The Ministry of Finance insists on its intention to harmonize the rates of the Inheritance and Donation Tax, ISD, to “make it impossible for some ...
Microsoft Corp. announced its largest investment to date in Australia, pledging to spend 25 billion Australian dollars ($17.9 billion) by the end of 2029, in its quest to further penetrate the artificial intelligence market in the Asia-Pacific region. The American giant will significantly expand its Azure AI cloud and supercomputing infrastructure in Australia, while also ...
The Observer – Montevideo The Monetary Policy Committee, Copom, of the Central Bank, BCU, meets this Tuesday in a scenario marked by low local inflation and growing international volatility. After seven consecutive cuts in the Monetary Policy Rate, TPM, The market is beginning to wonder if the expansionary cycle has come to an end. The ...
Chile’s new right-wing government said it is focused on improving the performance of state copper giant Codelco, rather than trying to introduce private capital or sell assets. “The ownership of Codelco is established in the Constitution, and any change would require a national decision that transcends any particular government,” declared the Minister of Finance, Jorge ...
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