International

Tuesday, January 11th 2022 - 13:50 UTC
Argentina's covid Miracle

By Joseph Stiglitz – Unlike the United States, which could spend one-quarter of its GDP protecting its economy from the COVID-19 fallout, Argentina entered the pandemic with the deck stacked against it. Yet, thanks to the current government’s policies to strengthen the real economy, the country has been enjoying a remarkable recovery.
Tuesday, January 11th 2022 - 13:45 UTC
Emerging Economies Must Prepare for Fed Policy Tightening

IMF Blog by Stephan Danninger, Kenneth Kang and Helene Poirson (*) – For most of last year, investors priced in a temporary rise in inflation in the United States given the unsteady economic recovery and a slow unraveling of supply bottlenecks.
Tuesday, January 11th 2022 - 13:41 UTC
North Sea Oil Operators Set For Near Record Cash Flows

By Tsvetana Paraskova for Oilprice.com – UK North Sea operators will see near-record cash margins and profits this year as they will look to extend field lives amid high oil and gas prices in a “now or never” regulatory environment, energy consultancy Wood Mackenzie says.
Tuesday, January 11th 2022 - 13:37 UTC
Norwegian and Royal Caribbean announce canceling of scheduled cruises

Norwegian Cruise Line which this week was expected to begin trips along with the Argentine and Chilean coasts, as well as Antarctica cruises, has surprisingly announced it was cancelling its South American operations this season because of covid-19 related circumstances which have forced the company to reschedule its global plans.
Tuesday, January 11th 2022 - 09:45 UTC
European Parliament Speaker David Sassoli dead at 65

Former Italian journalist David Sassoli, who was currently holding the office of president of the European Parliament, has passed away at the age of 65. His spokesperson Robert Cuillo conveyed the news on Twitter, writing that Mr. Sassoli had died at 1.15 am Jan. 11 at a hospital in Aviano, Italy.
Monday, January 10th 2022 - 21:45 UTC
Regional pensions among the worst, according to Mercer's GPI

According to the Global Pension Index (GPI) issued by the Mercer Institute, Latin America's systems appeared among the worst of the 43 countries surveyed, with Argentina in 42nd place, only one notch above Thailand.
Monday, January 10th 2022 - 19:46 UTC
Royal Navy frigate underwater sonar struck by Russian submarine

The Royal Navy Type 23 frigate was involved in a collision at sea when a piece of the ship’s underwater tracking equipment came into contact with a Russian submarine, it has been revealed. HMS Northumberland's sonar apparatus was struck while deployed underwater by a vessel it was tracking in the North Atlantic in late 2020.
Monday, January 10th 2022 - 13:11 UTC
Djokovic wins court case but Aussie Gov't may still expel him at discretion

An Australian Circuit Court Monday ruled in favor of reinstating tennis' top player Novak Djokovic his visa, which was canceled by immigration officials on the grounds that he was not vaccinated against COVID-19.
Monday, January 10th 2022 - 09:41 UTC
British economist becomes new IMF Senior resident representative in Argentina

Argentine ambassador in Washington, Jorge Argüello has reported he received the visit of British economist Ben Kelmanson, appointed the new IMF Senior resident representative in Argentina, who will be involved in the delicate debt negotiations for the coming years.
Monday, January 10th 2022 - 09:28 UTC
World food prices in 2021 remained 28,1% higher than in 2020, FAO report

World food prices fell slightly in December as international prices for vegetable oils and sugar fell significantly from lofty levels, the Food and Agriculture Organization of the United Nations, FAO, reported.