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Tag: BLOOMBERG

Global news

Zelenskyy to Visit South Africa to Discuss Peace Efforts on April 10

March 7, 2025March 7, 2025 - by Marcus Chen - Leave a Comment

Ukrainian President Volodymyr Zelenskyy will visit South Africa on April 10 to meet with President Cyril Ramaphosa to discuss peace efforts regarding the Russia-Ukraine war. South Africa remains neutral in …

Zelenskyy to Visit South Africa to Discuss Peace Efforts on April 10 Read More
Global news

Russia Engages in Dialogue Regarding Iran’s Nuclear Program

March 7, 2025March 7, 2025 - by Sofia Nawab - Leave a Comment

Russian Deputy Foreign Minister Sergei Ryabkov discussed Iran’s nuclear program with Ambassador Kazem Jalali, indicating ongoing diplomatic efforts. Reports reveal Russia’s support for U.S. communications with Iran on nuclear issues. …

Russia Engages in Dialogue Regarding Iran’s Nuclear Program Read More
Business

Raizen SA Engages JPMorgan for Sale of Argentine Energy Assets

March 6, 2025March 6, 2025 - by Allegra Nguyen - Leave a Comment

Raizen SA is exploring the sale of its Argentine oil refinery and gas stations, hiring JPMorgan for the process. This move comes amid a trend of multinational exits from Argentina, …

Raizen SA Engages JPMorgan for Sale of Argentine Energy Assets Read More
Business / economics

Fitch Lowers Colombia’s Rating Outlook to Negative Amid Fiscal Concerns

March 6, 2025March 6, 2025 - by Carmen Mendez - Leave a Comment

Fitch Ratings has downgraded Colombia’s rating outlook to negative, maintaining a BB score, due to concerns over its fiscal balance. The central government fiscal deficit reached 6.8% of GDP, exceeding …

Fitch Lowers Colombia’s Rating Outlook to Negative Amid Fiscal Concerns Read More
Climate change / Companies

Global Climate Actions Must Adapt Amidst U.S. Withdrawal from Initiatives

March 6, 2025March 6, 2025 - by Liam Nguyen - Leave a Comment

The world is urged to prepare for climate change actions independently of U.S. support as the Trump administration withdraws financial commitments to green initiatives. UK climate envoy Rachel Kyte emphasizes …

Global Climate Actions Must Adapt Amidst U.S. Withdrawal from Initiatives Read More
Business / Companies / economics

Senegal’s Dollar Bonds Plummet Following Credit Rating Downgrade

March 6, 2025March 6, 2025 - by Carmen Mendez - Leave a Comment

Senegal’s dollar bonds fell sharply following a downgrade by S&P Global Ratings from ‘B+’ to ‘B’. This downgrade was prompted by the government’s admission of underreported budget deficits. The outlook …

Senegal’s Dollar Bonds Plummet Following Credit Rating Downgrade Read More
Business / Companies / economics

Argentina Poised for Up to $20 Billion IMF Loan Amid Economic Reforms

March 6, 2025March 6, 2025 - by Liam Nguyen - Leave a Comment

Wall Street foresees that Argentina may obtain up to US$20 billion from the IMF to support President Javier Milei’s austerity efforts. Key banks predict disbursements for 2025 could be between …

Argentina Poised for Up to $20 Billion IMF Loan Amid Economic Reforms Read More
Companies

MMG Suspends Cobalt Operations at DRC Plant Amid Market Challenges

March 6, 2025March 6, 2025 - by Sofia Nawab - Leave a Comment

MMG has suspended operations at its Kinsevere cobalt processing plant in the DRC due to a price slump and an export ban. The company invested $600 million in this project, …

MMG Suspends Cobalt Operations at DRC Plant Amid Market Challenges Read More
Business / Companies / economics

Ghana’s Central Bank Engages Lenders to Address Rising Bad Loans

March 6, 2025March 6, 2025 - by Sofia Nawab - Leave a Comment

Ghana’s central bank is collaborating with local lenders to tackle an alarming rise in bad loans, highlighted by one lender facing an 81% non-performing loans ratio. The industry average stands …

Ghana’s Central Bank Engages Lenders to Address Rising Bad Loans Read More
Global news

Russia’s Mediatory Role Between Iran and America: An Analysis

March 5, 2025March 5, 2025 - by Carmen Mendez - Leave a Comment

Russia is proposing to mediate discussions between Iran and the United States, encouraging negotiations to resolve issues such as Iran’s nuclear program. However, Iran insists it will not negotiate under …

Russia’s Mediatory Role Between Iran and America: An Analysis Read More

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