The Tata Group is taking over India's flag carrier Air India, following an agreement to pay US$ 2,4 billion. The airline has been losing money at the rate of a billion dollars since 2009, and under the deal Tata will only pay a quarter of the company's total debt.Add your comment!
Last week we published an IMF preliminary statement on the situation of the Uruguayan economy in which it praised the government's handling of the pandemic underlining Uruguay's solid institutions, well-functioning democracy and a high degree of social cohesion.Add your comment!
The IMF Executive Board on Monday concluded its review of the matter raised by WilmerHale’s investigation of the World Bank’s Doing Business 2018 report.Add your comment!
US carrier Southwest Airlines cancelled a large number of flights over the weekend citing weather conditions and air traffic control (ATC) disruptions. Both company and pilot unions denied the events were related to mandatory COVID-19 vaccinations.Add your comment!
Uruguay's Agriculture and Livestock Minister Fernando Mattos explained during the weekend that in addition to a batch of Uruguayan beef turned down by China at the port of destination for containing excessive amounts of fat, a similar case had been detected in the port of Montevideo, which was ready to be shipped.Add your comment!
The European Union (EU) has insisted governments should move forward with abolishing the death penalty worldwide.Add your comment!
The International Monetary Fund (IMF) has turned down a request from the Argentine Government to discuss a reduction in surcharges, it was announced Monday.Add your comment!
David Card, Joshua D Angrist, and Guido W. Imbens have been awarded the Nobel Prize in Economics Monday for their research “drawing conclusions from unexpected experiments” applied to labor market analysis.Add your comment!
After leaving the European Union, the United Kingdom is out looking for new business associates and countries in the Persian Gulf seem to be the answer.1 comment
By Julianne Geiger for Oilprice.com - The Unite States Department of Energy is walking back previous comments that it was considering a release of the Strategic Petroleum Reserve and a ban on crude oil exports, Bloomberg’s Javier Blas reported on Twitter.Add your comment!