Australia

Council of Ministers of Spain approves that Sepi buy up to 10% of Telefónica

Council of Ministers of Spain approves that Sepi buy up to 10% of Telefónica

The Government has approved today in the Council of Ministers that the State Society of Industrial Participations, Sepi, buy 10% of Telefónica. “With a vocation for permanence, Sepi’s participation will provide Telefónica with greater shareholder stability for the company to achieve its objectives and, therefore, will contribute to the safeguarding of its strategic capabilities,” says ...

Panamanian executive modifies 2024 budget project by cutting public spending

Panamanian executive modifies 2024 budget project by cutting public spending

On Monday, December 18, the Cabinet Council of Panama approved the modifications to the draft general budget of the Nation with fiscal validity of 2024. A week ago the minister of economy of this countryHéctor Alexander, had announced this result. The new budget now amounts to US$30.69 billion. The previous project presented to the Assembly ...

Reasons for the drop in applications for admission to 2024 at Harvard University

Reasons for the drop in applications for admission to 2024 at Harvard University

Harvard College received 17% fewer early admission applications this year high school seniors, lowest total in four yearsaccording to the university’s website. The drop comes after incidents of anti-Semitism on campus in the wake of the October 7 attack on Israel by Hamas. Applications were due Nov. 1, before university president Claudine Gay gave widely ...

Government of Ecuador increases the basic monthly salary by US$10 to US$460 by 2024

Government of Ecuador increases the basic monthly salary by US$10 to US$460 by 2024

Ecuador’s Labor Ministry said Friday that it will increase the country’s unified monthly basic salary to US$460 by 2024amid economic problems and high unemployment. Measure, an increase of US$10 compared to this year’s salary, will benefit workers, the Labor Ministry said in a statement, and was adopted after business groups and worker organizations failed to ...

Moderna plans to launch a vaccine against skin cancer, which would be available in 2025

Moderna plans to launch a vaccine against skin cancer, which would be available in 2025

Moderna CEO Stéphane Bancel said that his company’s experimental melanoma vaccine could be available in just two yearswhich would be a historic step against the most serious form of skin cancer. The personalized vaccine developed by Merck & Co. and Moderna Inc. helped prevent the recurrence of serious skin cancer for three years thanks to ...

G20 applauds Brazil's proposal to facilitate access to climate change resources

G20 applauds Brazil’s proposal to facilitate access to climate change resources

The first meeting of the financial channel of the world’s main economies, the G20, concluded on Friday with the acceptance of Brazil’s proposal to facilitate access to international funds that finance measures against climate change, one of the central issues of the presidency of the country in the bloc. The intention, said Tatiana Rosito, Secretary ...

Global coal consumption increased in 2023, despite warnings of climate crisis

Global coal consumption increased in 2023, despite warnings of climate crisis

El Economista – Mexico City Coal consumption in the world reached a record in 2023, after 8.53 billion tons of this fossil fuel were burned, The International Energy Agency indicated this FridayIEA, two days after the closing of COP28. Despite countries participating in the UN climate conference in Dubai committed to a progressive abandonment of ...

From Toronto, Scotiabank opened the door to exiting markets like Colombia

From Toronto, Scotiabank opened the door to exiting markets like Colombia

Important news of global impact for the financial sector has just been announced through statements by Scott Thomson, CEO of The Bank of Nova Scotia, known worldwide as the Canadian multinational financial services company, Scotiabank. In Colombia, the conglomerate operates with its Scotiabank Colpatria bank, which, among other things, is the second largest issuer of ...

Google and Microsoft join forces with energy companies to exchange credits for electricity

Google and Microsoft join forces with energy companies to exchange credits for electricity

Google and Microsoft joined forces with energy companies to start exchanging hourly credits for electricity zero carbon emissions next year, a critical step in its quest to eventually feed your data centers without fossil fuels that emit greenhouse gases. The tech giants, along with Constellation Energy Corp. and AES Corp., are helping develop a platform ...

Venezuela authorizes extension of two joint ventures operated by Chevron and PDVSA

Venezuela authorizes extension of two joint ventures operated by Chevron and PDVSA

The National Assembly of Venezuela authorized on Thursday a second 15-year extension of two mixed companies operated by the state-owned PDVSA and the American company Chevron. The extension would be for the exercise of primary hydrocarbon activities in the period 2026-2041according to a report presented on Wednesday by the vice minister of hydrocarbons, Erick Pérez, ...