Stories for February 24th 2020

Monday, February 24th 2020 - 07:59 UTC
Argentina will allow IMF to inspect its accounts under Article IV consultations

Argentina agreed to start consultations with the International Monetary Fund that could lead to a new financing program, days after the global lender said the country’s debt situation had become “unsustainable”.
Monday, February 24th 2020 - 07:47 UTC
“Decolonization is a process guided by the aspirations and needs of the communities living in the territories”

With 17 non-self-governing territories remaining worldwide, United Nations chief Antonio Guterres has said that decolonization is a process that has to be guided by the aspirations and needs of the communities living in the territories.
Monday, February 24th 2020 - 07:13 UTC
UK interested in partnership with Argentina to develop the railway system

Ambassador Mark Kent said the United Kingdom wants to be a partner of Argentina in such areas as the development of railways, following a meeting of a British trade mission with the head of the country's Railways infrastructure Administration, ADIFSE, Ricardo Lissalde.
Monday, February 24th 2020 - 07:10 UTC
Warren Buffett recommends 'shareholder-loyal pit bulls and not cocker spaniels' in corporate America boards

Warren Buffett called on corporate America to make their boards of directors more accountable to shareholders and less beholden to chief executive officers, perhaps by reducing their pay and requiring that they buy more stock.
Monday, February 24th 2020 - 07:01 UTC
MS Roald Amundsen makes history as it reaches the ice edge at 70º south

Cruise vessel Roald Amundsen has been involved in a history-making event as it has travelled the furthest south of any Hurtigruten company ship in the expedition cruise line's 127 years of business, the company said, in a statement.
Monday, February 24th 2020 - 06:59 UTC
British passports will return to dark blue color. although the new document will be made in the EU

Britain will start re-introducing traditional blue passports next month, the interior ministry said on Saturday, replacing the burgundy European Union documents that have been in use since 1988.
Monday, February 24th 2020 - 06:53 UTC
Leading central bankers, UK, EU and Japan, discuss how to reach the 2% inflation elusive target

Central bankers from the United States, Japan and the euro zone meeting in the desert kingdom of Saudi Arabia this weekend had their own shifting sands to cross – those of elusive inflation.
Monday, February 24th 2020 - 06:38 UTC
Petrobras workers end three weeks strike, after arbitration call by labor court

Workers at Brazil’s state-owned oil giant Petrobras have ended a strike of nearly three weeks that left the firm scrambling to avoid a drop in production, labor unions said last Friday. Around 21,000 workers — a third of the total workforce — joined the mass walk-out at the start of the month.
Monday, February 24th 2020 - 06:33 UTC
Petrobras record profit for 2019, basically on divesting and asset sales

Brazil’s state-run oil firm Petrobras reported last week a record net profit for 2019, thanks to asset sales under its strategy to divest non-core operations and focus on the deepwater pre-salt region offshore Brazil.
Monday, February 24th 2020 - 06:30 UTC
US Treasury Secretary welcomes Argentina's talks with IMF on Article IV

U.S. Treasury Secretary Steven Mnuchin on Sunday welcomed Argentina's talks with the International Monetary Fund after the heavily indebted country said it would launch consultations, starting Monday, that could lead to a new funding program.