The president of the Central Bank of Peru, Julio Velarde, said this Thursday that reducing the interest rate does not define the growth of the economy in the country, days after the minister of the sector asked the head of the monetary organization be more proactive to reactivate the country that entered recession last year. ...
ConocoPhillips agreed to acquire Marathon Oil Corp. in an all-stock deal that valued the company at about $17 billion, spreading a significant buying spree among the largest players in the United States oil and gas industry. The move expands ConocoPhillips' presence in domestic shale fields from Texas to North Dakota and gives the company reserves ...
Argentina races to secure fuel supplies as winter rages in southern hemispherewith lower than expected temperatures that trigger demand for domestic heating. Additional imports are a headache for the Government of President Javier Milei, that needs to accumulate dollar reserves through trade surpluses – not lose them – in order to lift the currency controls ...
Economist Federico Sturzenegger will occupy a new ministry linked to Argentina's economic deregulation, the chief of staff, Guillermo Francos, announced on Tuesday, a day after the departure of two members of the government. “Federico Sturzenegger is going to join the national cabinet as a minister in an area that will have to do with the ...
According to polls in Mexico, it is expected that Claudia Sheinbaum will be the winner of the presidency of that country with 56.9% of the votes, leading by 25.7 points over Xóchitl Gálvez (31.2%), his contender from the PAN, PRI and PRD; while third place will go to the emecista Jorge Álvarez Máynez (11.9%). These ...
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 ...
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 ...
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 ...
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 ...
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 ...
