On Wednesday, the European Union proposed to change the capital rules of the bloc for insurers to release 120 billion euro ($141 billion) to repair an economy damaged by COVID. This will allow for climate goals and help policyholder protection… Read More ›
In a statement the Pan American Health Organization (PAHO) said, it has selected two biomedical centers in Brazil and in Argentina to develop and produce mRNA-based vaccines to fight COVID-19 in Latin America. PAHO is the region’s health agency. The… Read More ›
In a statement to the United Nations General Assembly, U.S. President Joe Biden said, the United States will commit $10 billion toward ending hunger in in the United States and around the world. Nearly one in three people does not… Read More ›
In a statement Argentina’s Ministry of Defence said, it is looking to purchase multipurpose fighter jets for up to $664 million. According to a source with knowledge of the negotiations, fighter planes from the United States, Russia, China, Israel and… Read More ›
In a statement Turkish President Tayyip Erdogan said, the Paris climate agreement would be presented to the Turkish parliament for approval next month. If Turkey ratifies the deal, it would make it the last G20 country to do so. “Following… Read More ›
According to a report published by consultancy services firm Rystad Energy, there will likely be a 50 per cent drop in demand for oil refining capacity of the world by 2050 because of the efforts across the world to shift… Read More ›
In a statement, the office of British Prime Minister Boris Johnson said, he has discussed issues of taxation with Amazon’s founder Jeff Bezos in New York. “The prime minister raised the issue of taxation, and hoped progress could be [made] in… Read More ›
In a statement French Foreign Minister Jean-Yves Le Drian said, France will host an international conference on Libya on November 12, even as the country prepares for elections towards the end of December. The international conference will be co-hosted by… Read More ›
On Tuesday, Australia Prime Minister Scott Morrison saod, trade talks with the European Union will be worked through in “the weeks and months ahead”. His comments come at a time when he is dealing with the fallout of the decision… Read More ›
In a significant development, a group of external advisers to the World Bank recommended scrapping its model of Doing Business rankings following a damning independent probe which found countries trying to “manipulate their scores.” The 84-page report, written by senior… Read More ›
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