Argentina returns to global debt markets after 15-years
Marking a rare bright spot among gloomy emerging markets, Argentina sold $16.5 billion of sovereign debt on Tuesday in its first international bond issue since its record 2002 default, according to Reuters.Most proceeds from the auction, which was four times oversubscribed, will go to finally settling Argentina`s messy legal dispute with...
Polish citizen Balczun tapped to head Ukrzaliznytsia
The Cabinet of Ministers has appointed former head of the Polish Railways Wojciech Balczun to the post of Chairman of the Board of PJSC Ukrzaliznytsia, according to an UaPosition correspondent.A relevant decision was taken unanimously at a Cabinet meeting on Wednesday, April 20.He was selected by the selection committee under the Ukrainian...
EU should `interfere` less in people`s lives – Juncker
The European Commission President, Jean-Claude Juncker, has warned that too much EU ”interference” in people`s lives is eroding support for the bloc, the BBC reports.The former Luxembourg prime minister said the EU had become involved in ”too many domains where member states… are better placed to take action,” according to the BBC.His...
Russia wins $50 bln ruling in decade-old fight with Yukos – Bloomberg
Russia succeeded in its battle to overturn a $50 billion arbitration ruling after a Dutch court ruled that the panel of judges who issued the record-setting award to the former owners of Yukos Oil Co. had no right to review the dispute, Bloomberg wrote.The ruling by a court in the Hague Wednesday was a sweeping victory for the country in its more...
Oil falls on end to Kuwaiti strike, supply outlook
Oil prices fell on Wednesday as investor focus returned to worries about oversupply after Kuwaiti workers ended a three-day strike that had halved the nation`s crude output, according to Reuters.Industry data showed U.S. crude stockpiles rose last week, reinforcing concerns about the global surplus. Brent futures LCOc1 were down 94 cents at...
NATO-Russia Council to meet for first time since 2014
NATO and Russian officials have much to discuss during the NATO-Russia Council meeting in Brussels on Wednesday, U.S. Department of State has reported.”We will address… the crisis in and around Ukraine, military activity, transparency, risk reductions and Afghanistan,” NATO Secretary General Jens Stoltenberg said on Tuesday, the report says.The...
Elderly Castro holds onto Cuba`s top job in changing times – Reuters
President Raul Castro will serve up to five more years as head of Cuba`s Communist Party as he and other aging revolutionaries keep their grip on power at a time of economic reform and detente with the United States, according to Reuters.The Communist Party announced the result of internal elections on Tuesday. Wrestling with economic change and...
OSCE: Free expression, freedom of media remain under threat in Crimea
OSCE Representative on Freedom of the Media Dunja Mijatovic on Tuesday expressed concern about the intimidation of journalist Nikolay Semena in the Russian-occupied Crimea, Ukraine.According to reports, Semena`s apartment in Simferopol was searched and his equipment was seized in the early hours of April 19. The journalist was detained and...
Ukraine`s Finance Ministry outlines `de-offshorization` road map
Newly appointed Ukrainian Finance Minister Oleksandr Danylyuk announces his ministry has decided on several steps to introduce Controlled Foreign Company rules to prevent the shift of profits in preferential tax jurisdictions, or tax havens, and re-route funds back to Ukraine (the so-called `de-offshorization`).”Pursuant to the president`s...
OSCE records militant heavy weapons in Luhansk, Donetsk
The OSCE Special Monitoring Mission (SMM) to Ukraine has said it recorded the deployment of heavy weapons, including Grad MLRS, in the militant-controlled cities of Luhansk and Donetsk.”In violation of the respective withdrawal lines, the SMM saw seven multiple launch rocket systems (MLRS; BM-21 Grad, 122mm), seven self-propelled howitzers (2S1...
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Not only Russia. How populists destroy the greatness of the West Wednesday, October 4, 2023 - 06:27 (EEST)
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