Hungary’s Orbán moves closer to becoming an independent power in the EU
Hungary’s Prime Minister Viktor Orbán is expanding his grip on the armed forces and defense industry through a wave
Malaysia seeks closer ties with Saudi ArabiaÂ
Malaysian Prime Minister Anwar Ibrahim visited Saudi Arabia this week, seeking to restore ties with the wealthy Middle Eastern country
Copper mine row threatens Panama’s economy and business-friendly reputation
Copper miner First Quantum Minerals is slowing processing at its Panamanian mine and could fully shut down operations as the
North Africa to benefit from European oil demandÂ
Global energy giants are increasingly turning to North Africa to quench their thirst for new sources of oil. Long viewed
Tunisia to reject IMF bailout
Tunisian President Kais Saied said he would not complywith the conditions imposed by the IMF, signaling that an agreed-upon bailout
Rising prices prompt protests in Kenya
As inflation in Kenya surges and its currency depreciates the country’s citizens are facing the realization that their new
Sri Lanka receives long-awaited IMF bailout
The IMF approved a $3 billion funding package on Monday after months of back-and-forth with Sri Lanka’s government during
Vietnam seizes tons of ivoryÂ
Vietnamese authorities confiscated seven tons of elephant tusks on Monday, its largest seizure of smuggled wildlife in over four years,
IMF warns Lebanon of hyperinflation risk
Ernesto Ramirez Rigo, the head of the IMF’s mission in Lebanon, said on Thursday that progress towards finalizing a
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 levels have eroded
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 de Silva’s difficulty in
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 battered Ukrainian economy.