Category: Regions
Reuters reveals Canada’s Trudeau urges Alberta to contribute to carbon-capture incentives
Reuters Reuters shed light on how Canadian Prime Minister Justin Trudeau urged the government of the main oil-producing province of Alberta to use its budget surplus to help bolster tax credits meant to help scale-up carbon- capture and storage, and reduce emissions. The post Reuters reveals Canada’s Trudeau urges Alberta to contribute to carbon-capture incentives…
Read MoreReuters reveals TikTok freezes consultant hiring for U.S. security deal as opposition mounts
Reuters Reuters exclusively revealed that TikTok has put on hold a hiring process for consultants that would help it implement a potential security agreement with the United States as opposition to such a deal among U.S. officials grows. President Joe Biden revoked an executive order in 2021 by his predecessor Donald Trump to ban TikTok…
Read MoreReuters reveals drugmakers to raise prices on at least 350 drugs in U.S. in January
Reuters Reuters exclusively revealed that drugmakers including Pfizer Inc, GlaxoSmithKline PLC, Bristol Myers Squibb, AstraZeneca PLC and Sanofi SA plan to raise prices in the United States on more than 350 unique drugs in early January. The increases are expected to come as the industry prepares for the Biden Administration’s Inflation Reduction Act, which lets…
Read MoreReuters reveals Ghana suspending debt service payments on its external obligations
Reuters Reuters was first to report that Ghana suspended payments on much of its external debt, effectively defaulting as the west African country struggles to plug its cavernous balance of payments deficit. Prices of Ghana’s sovereign international bonds dropped sharply in the wake of the announcement. Ghana had already announced a domestic debt restructuring and…
Read MoreReuters reveals U.S. puts sanctions on Turkish businessman, citing links to Iran’s Quds Force
Reuters Reuters exclusively revealed that the Biden administration was to impose sanctions on prominent Turkish businessman Sitki Ayan and his network of companies, accusing him of acting as a facilitator for oil sales and money laundering on behalf of Iran’s Revolutionary Guard Corps (IRGC). According to the Treasury, the companies established international sales contracts for…
Read MoreReuters reveals Latin American e-commerce and fintech firm MercadoLibre in talks with WhatsApp on business messaging payment
Reuters Reuters was first to report that Latin American e-commerce and fintech firm MercadoLibre was in talks with Meta to process payments for its WhatsApp messaging service starting in Brazil. MercadoLibre Chief Financial Officer Pedro Arnt told Reuters in an interview that the firm was already in the test phase. Facebook owner Meta said last month that…
Read MoreReuters reveals to protect Pemex, Mexico’s energy ministry tried to block stricter flaring rules
Reuters Reuters exclusively revealed that Mexico’s energy ministry tried to block the publication of stricter rules on natural gas flaring, saying they would hurt state oil company Pemex. Documents seen by Reuters showed a concerted effort by the ministry to stop Mexico’s official gazette from publishing tighter rules drafted by an independent regulator. The ministry…
Read MoreReuters reveals Chad strikes a debt deal under the G20 Common Framework
Reuters Reuters exclusively reported that Chad became the first country to agree to a deal with its creditors, including Swiss commodity house Glencore, under the G20 Common Framework — designed to provide debt relief to developing nations. Reuters was also first to report confirmation of the agreement and exclusively sketched out rare criticism from World…
Read MoreReuters reveals Trinidad asks U.S. to allow Venezuelan gas imports for LNG plant
Reuters Reuters exclusively reported that the government of Trinidad and Tobago is asking the U.S. to authorize Venezuelan gas imports to restart an idled liquefaction train in the Caribbean nation. Trinidad’s past requests for U.S. approval have gone unanswered, but the Biden administration’s willingness to ease some sanctions on Venezuela if President Nicolas Maduro and…
Read MoreReuters reveals Mexico succession puts scientist on path to be first woman president
Reuters Reuters provided insight into how the most historic legacy of President Andres Manuel Lopez Obrador, a left-leaning resource nationalist who casts his administration as a turning point in the annals of Mexico, may pave the way for the country’s first woman leader. Mexico City Mayor Claudia Sheinbaum, a 60-year-old physicist and environmentalist has emerged…
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