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US Marines board and free another tanker flying the Iranian flag

US Marines board and free another tanker flying the Iranian flag

The US military boarded and subsequently freed an Iranian-flagged oil tanker in the Gulf of Oman, thus keeping pressure on Tehran’s economy as President Donald Trump pushes for a deal to end the conflict. The ship, the M/T Celestial Sea, was “suspected of attempting to violate the US blockade by heading towards an Iranian port,” ...

The Energy Diversification Law will come into force in Paraguay

The Energy Diversification Law will come into force in Paraguay

The president of Paraguay, Santiago Peña, signed Decree No. 6034, that stipulates the regulation of the generation of electrical energy. Through non-conventional non-hydraulic renewable sources. This regulation stipulates the technical and regulatory limits for the generation and distribution of energy, so that citizens, businesses and industries can produce their own energy and include the surpluses ...

Cereals and soybeans rise after China's commitment to purchase US$17 billion

Cereals and soybeans rise after China’s commitment to purchase US$17 billion

Grain and soybean futures on the Chicago Board of Trade (Cbot) rose on Monday after the White House announced that China pledged to buy at least $17 billion in American agricultural products over the next three years. The most traded soybean contract on the CBOT Sv1 rose US$0.41 to US$12.18 a bushel at 16:27 GMT. ...

Elon Musk challenged Wall Street with the historic IPO of his company SpaceX

Elon Musk challenged Wall Street with the historic IPO of his company SpaceX

Elon Musk has spent much of the last two decades turning science fiction ideas into real businesses. In the process, he enriched those who bet on him and earned the trust of much of Wall Street. Now, beyond rocket ships and electric cars, their companies are also changing the way analysts value companies, pushing the ...

China and the United States agreed to reduce tariffs on some products

China and the United States agreed to reduce tariffs on some products

China and the United States agreed to reducer tariffs on some products to promote bilateral trade, according to a statement from the Chinese Ministry of Commerce. The ministry issued the statement on Saturday following a two-day summit in Beijing between US President Donald Trump and Chinese leader Xi Jinping. China affirmed that Beijing and Washington ...

Brent rises 2% after comments from Trump and Iran dampen peace hopes

Brent rises 2% after comments from Trump and Iran dampen peace hopes

Oil prices rose about 2% on Friday after the US president’s remarksDonald Trump, and Iran’s foreign minister further dampened hopes of reaching an agreement to end the attacks and ship seizures in the Strait of Hormuz. Brent crude futures rose US$2.50, or 2.4%, to US$108.22 a barrel. U.S. West Texas Intermediate futures, WIT, gained $2.86, ...

Argentine government called for tenders to sell 90% of Aysa to privatize it

Argentine government called for tenders to sell 90% of Aysa to privatize it

As announced by the Minister of Economy, Luis Caputo, andThis Friday the Government published in the Official Gazette the opening of the tender to sell 90% of the state company Aguas y Saneamiento Argentino, Aysa to private parties. The state company in charge of providing drinking water to some 11 million users in the Buenos ...

Chile's Finance Commission approves corporate tax law

Chile’s Finance Commission approves corporate tax law

The Finance Committee of the Chamber of Deputies approved what could perfectly be considered the heart of the reconstruction bill and national reactivation: the reduction of the First Category tax for large companies from 27% to 23%. The miscellaneous project is discussed until fully dispatched in that committee. The component of the corporate tax reduction, ...

Fed's Goolsbee says disappointed by latest inflation data

Fed’s Goolsbee says disappointed by latest inflation data

Chicago Fed President Austan Goolsbee Calls Rising Services Inflation an “Unexpected Disappointment” The president of the Chicago Federal ReserveAustan Goolsbee said Tuesday that the government report, which reflected an acceleration in consumer prices last month, contained the “unexpected disappointment” of rising inflation in services, highlighting more widespread inflationary pressures. inflation “is going in the wrong ...