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Equinor has initiated talks to sell stakes in its Argentinian shale operations to YPF. The company has been reassessing its investments in response to market changes, aligning its priorities towards …
Equinor Explores Sale of Argentinian Shale Assets Amid Strategic Shift Read More
ArcelorMittal South Africa will cease its long product production in Q2 due to failed negotiations with the government over a rescue package. This closure will lead to approximately 3,500 job …
ArcelorMittal South Africa to Halt Production Amid Failed Negotiations Read More
President Trump’s intention to revoke Chevron’s license in Venezuela may drive the oil sector back to secretive practices, increasing corruption and discounts in Asian markets. Chevron’s current involvement has enhanced …
Trump’s Proposal to Revoke Chevron’s License Threatens Venezuela’s Oil Sector Read More
Indonesia has launched a new bullion banking initiative through two state-owned banks, aiming to stabilize foreign exchange and include gold savers in the formal financial sector. This system seeks to …
Indonesia Implements Bullion Banking to Enhance Foreign Exchange Stability Read More
Kenya’s inflation rate has been rising since October 2024, reaching 3.5% in February 2025 from 3.3% in January. Despite this rise, the rate has remained below 5% since June 2024. …
Kenya’s Inflation Continues To Rise Amid Economic Challenges Read More
Kenya’s inflation reached a five-month high of 3.5% in February, driven mainly by rising food prices. Core inflation remained steady at 2%, suggesting subdued economic demand. The central bank may …
Kenya’s Inflation Rate Rises Amid Increasing Food Prices Read More
President Trump will impose a 25% tariff on Canadian and Mexican exports, effective March 4, alongside a 10% tax on Chinese imports, signaling the potential for a trade war. Canada …
Trump Imposes Tariffs on Canada and Mexico: Potential Trade War Looms Read More
The Public Investment Corporation of South Africa views private credit as a vital growth sector in Africa, directing investments away from equities and private equity toward credit options. With significant …
PIC Explores Private Credit Investment Opportunities in Africa Read More
Chile has recovered from a major blackout affecting 8 million homes, the worst in 15 years. Power is being restored, yet some areas remain affected due to thefts of power …
Chile Recovers from Massive Power Outage Affecting Millions Read More
Iraq’s oil ministry is ready to restart oil exports from Kurdistan to Turkey after a two-year shutdown. However, disputes between Baghdad and Kurdish officials over oil allocations and payments remain …
Iraq Expresses Readiness to Resume Kurdish Oil Exports to Turkey Read More