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Tag: BLOOMBERG NEWS

Business / economics

U.S. Readiness to Support Argentina with Credit Line amid Economic Reforms

April 24, 2025April 24, 2025 - by Carmen Mendez - Leave a Comment

U.S. Treasury Secretary Scott Bessent indicated a willingness to offer Argentina a credit line via the Exchange Stabilization Fund, contingent on economic policy adherence by President Milei. Following his comments, …

U.S. Readiness to Support Argentina with Credit Line amid Economic Reforms Read More
Business / economics

U.S. Signals Economic Support for Argentina Amid Recovery Efforts

April 23, 2025April 23, 2025 - by Liam Nguyen - Leave a Comment

The United States is prepared to extend a credit line to Argentina to support its economic recovery amid global challenges. Treasury Secretary Scott Bessent announced the possible use of the …

U.S. Signals Economic Support for Argentina Amid Recovery Efforts Read More
Business / Companies / economics

Argentina Pursues Upfront Payment from IMF Amid Negotiations

April 1, 2025April 1, 2025 - by Carmen Mendez - Leave a Comment

Argentina is negotiating an upfront payment of a significant portion of a US$20 billion IMF agreement. The negotiations focus on the disbursement size and timing, with frontloading sought to enhance …

Argentina Pursues Upfront Payment from IMF Amid Negotiations Read More
Companies

KoBold Proposes Development of Major Lithium Deposit in Congo

March 21, 2025March 21, 2025 - by Carmen Mendez - Leave a Comment

KoBold Metals, funded by Bill Gates and Jeff Bezos, proposed to develop a major lithium deposit in the Democratic Republic of Congo, potentially marking the first significant U.S. mining investment …

KoBold Proposes Development of Major Lithium Deposit in Congo Read More
Companies

KoBold Proposes Major Lithium Development in Congo Amid US Partnership Talks

March 21, 2025March 21, 2025 - by Sofia Nawab - Leave a Comment

KoBold Metals Co., supported by Bill Gates and Jeff Bezos, has proposed to develop a significant lithium deposit in the Democratic Republic of Congo amidst diplomatic discussions with the US …

KoBold Proposes Major Lithium Development in Congo Amid US Partnership Talks Read More
Business / economics

Copper Prices Decline amid Stronger Dollar and China’s Strategic Plans

March 21, 2025March 21, 2025 - by Sofia Nawab - Leave a Comment

Copper prices in London fell due to a stronger dollar, despite a report suggesting China’s plans to increase strategic reserves of key metals. The U.S. dollar’s strength negatively affected metal …

Copper Prices Decline amid Stronger Dollar and China’s Strategic Plans Read More
Companies

China Plans to Enhance Strategic Reserves of Key Industrial Metals

March 21, 2025March 21, 2025 - by Allegra Nguyen - Leave a Comment

China intends to boost its strategic reserves of critical industrial metals, such as cobalt, copper, nickel, and lithium, to enhance supply stability amid rising energy transition demands and geopolitical issues. …

China Plans to Enhance Strategic Reserves of Key Industrial Metals Read More
Business / economics

Copper Prices Decline Amid Stronger Dollar and China Stockpiling Plans

March 21, 2025March 21, 2025 - by Carmen Mendez - Leave a Comment

Copper prices dipped in London due to a stronger dollar, despite reports of China planning to increase its strategic reserves of industrial metals. The U.S. dollar firmed following the Federal …

Copper Prices Decline Amid Stronger Dollar and China Stockpiling Plans Read More
Business / economics

Copper Prices Rise Amid China’s Strategic Stockpiling Plans

March 21, 2025March 21, 2025 - by Sofia Nawab - Leave a Comment

Copper prices rose slightly to near $10,000 per ton amid reports of China’s planned expansion of strategic reserves for metals including copper, cobalt, nickel, and lithium. The stronger dollar poses …

Copper Prices Rise Amid China’s Strategic Stockpiling Plans Read More
Climate change / economics

TotalEnergies Engages in Discussions to Import Green Hydrogen from Brazil

March 21, 2025March 21, 2025 - by Allegra Nguyen - Leave a Comment

TotalEnergies is negotiating to import green hydrogen from Brazil as part of its commitment to sustainability. This initiative seeks to enhance the company’s operations in European refineries, aligning with decarbonization …

TotalEnergies Engages in Discussions to Import Green Hydrogen from Brazil Read More

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