The President of Tunisia, Kais Saied, rejected the “dictations” of the International Monetary Fund (IMF), an institution that conditions the granting of a loan to Tunisia on economic reforms and the elimination of public subsidies.
Economics
President Andres Manuel Lopez Obrador announced the acquisition by the Mexican state of 13 power plants owned by the Spanish energy giant Iberdrola for 6 billion dollars, hailing it as a ‘new nationalization’.
The United States wants to continue working with Saudi Arabia despite surprising production cuts by some oil-producing countries, including the Saudi kingdom, a White House spokesman said Monday.
The Kingdom of Saudi Arabia did not only engage in a marketing rebranding plan, but undertook drastic steps to change its infrastructure, social fabric, and economic prospects in a bid to turn the country into a step destination, for business, culture, and entertainment that will also add to its political role.
An important decision that changes the map of global geopolitics was taken by Riyadh: Saudi Arabia joins China and Russia in the Shanghai Cooperation Organization.
China is committed to continuing economic opening and implementing reforms to stimulate growth, Chinese Premier Li Qiang said Thursday
The bankruptcy of Archegos Capital Management, the investment vehicle of a billionaire, was a great blow to Credit Suisse, especially since other big banks that had it as a client somehow
Why Credit Suisse’s did shares fall? What the largest shareholder, the Saudi National Bank, says. Ammar Al Khudairy, chairman of the Saudi National Bank
The French Senate adopted on Saturday, after ten days of conflictual debates, the contested pension reform, the flagship project of President Emmanuel Macron
One year after the outbreak, the European Union was also hit hard by the impact of the war in Ukraine.