Oil minister resignation suggests a broader anti-corruption purge in Venezuela
Venezuela’s powerful oil minister Tareck El Aissami resigned after several high-level executives of state-owned oil...
Month: March 2023
Lula’s team struggles to put forward credible economic plan
A meeting of the leading economic policy figures in Brazil this week highlighted President Lula...
Orban clashes with Hungary’s central bank
Hungarian Prime Minister Viktor Orban has escalated a standoff with the country’s central bank with a decree...
Russia changes tax policies to counter drop in oil revenue
Moscow has moved to change its process for taxing oil companies as steep discounts between various price...
Ukraine clinches IMF package to protect its battered economy
The IMF finalized a $15.6 billion loan, pending board approval, providing a financial lifeline for the...
IMF warns Lebanon of hyperinflation risk
Ernesto Ramirez Rigo, the head of the IMF’s mission in Lebanon, said on Thursday that progress...
Saudi Arabia and Iran plan bilateral talks
After holding a call on the first day of Ramadan, Saudi Arabia’s and Iran’s foreign...
Malaysia seeks closer ties with Saudi Arabia
Malaysian Prime Minister Anwar Ibrahim visited Saudi Arabia this week, seeking to restore ties with...
Vietnam seizes tons of ivory
Vietnamese authorities confiscated seven tons of elephant tusks on Monday, its largest seizure of smuggled wildlife in...
Sri Lanka receives long-awaited IMF bailout
The IMF approved a $3 billion funding package on Monday after months of back-and-forth with...
Rising prices prompt protests in Kenya
As inflation in Kenya surges and its currency depreciates the country’s citizens are facing the...
North Africa to benefit from European oil demand
Global energy giants are increasingly turning to North Africa to quench their thirst for new...
