Japan’s economic recovery has entered a delicate phase in which monetary normalization and fiscal sustainability must advance in tandem, according to the International Monetary Fund. The institution has urged Tokyo to continue raising interest rates gradually while resisting calls to… Read More ›
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Cuba’s Premier Cigar Festival Cancelled as U.S. Blockade Deepens Energy Crisis and Disrupts National Life
The postponement of Cuba’s internationally renowned cigar festival has become a stark symbol of the island’s worsening energy crisis, a crisis intensified by the tightening of the United States blockade and restrictions on oil supplies. What was once a high-profile… Read More ›
Sanctions Compliance Over Speed as Venezuela’s PDVSA Restricts Oil Sales to Individually Licensed Buyers
Venezuela’s state oil company has entered a new phase of cautious engagement with global markets. Rather than reopening the floodgates after partial sanctions relief, PDVSA has narrowed its crude sales to companies holding specific, individual U.S. authorizations. The shift reflects… Read More ›
India’s Aviation Ambition Runs Ahead of Its Economics
India’s aviation policy is built on an expansive vision: a country large enough, young enough, and mobile enough to sustain five major airlines competing across domestic and international routes. Policymakers see air travel not as a luxury but as basic… Read More ›
The European Union’s AI Landscape: Opportunities For Growth In A Global Race
The European Union (EU) faces significant challenges in the realm of artificial intelligence (AI) as it struggles to keep pace with the investments and innovations seen in the United States and China. Jensen Huang, CEO of AI chipmaker Nvidia, recently… Read More ›
Thomson Reuters Corp’s Financial and Risk unit to be renamed Refinitiv after acquisition
David Craig, the current head of Thomson Reuters Corp’s Financial and Risk unit will become the CEO after the completion of the deal, which is expected to close by 2018. According to a statement by U.S. private equity firm Blackstone… Read More ›
Blackstone Group LP in advanced talks to acquire Thomson Reuters’ F&R business for more than $17 billion
Thomson Reuters’ Financial and Risk business accounts for more than 50% of the group’s total revenues. As per 3 sources familiar with the matter at hand, Blackstone Group LP, a private equity firm, is in advanced talks to With Thomson… Read More ›