A federal judge in New York ordered Argentina on Monday to sell its majority stake in oil firm YPF, the latest blow to Buenos Aires in a decade-long international legal saga. To partially satisfy the outstanding sum, Preska on Monday ordered Argentina to transfer its 51 percent stake of YPF to an intermediary, with instructions that the shares then be handed over to the plaintiffs.
In doubling down on tariffs targeting Canada, Mexico and China, US President Donald Trump cites a lack of progress on tackling fentanyl, but analysts say the drug crisis is just one of his political goals. In early February, Trump unveiled -- then temporarily halted -- sweeping tariffs on Canada and Mexico.
Iran's parliament sacked the country's finance minister on Sunday after impeaching him over soaring inflation and a plunging currency, state television reported. - 'Chronic inflation' - "The most important problem of the country's economy is inflation, and that is chronic inflation, which has plagued our economy for years," the economy minister added.
As the date of the new CBN revised ATM charges approaches, the expert joined his voice with others calling for a reversal. He listed long-term consequences.
A high-stakes father-and-son feud has plunged Singapore property giant City Developments Ltd (CDL) into turmoil, with the private boardroom dispute of one of the city-state's wealthiest families erupting into public view this week. "As a father, firing my son was certainly not an easy decision" but the stakes were "simply too high to allow reckless power grabs to destabilise the company", he said.
Wearing a traditional Indonesian black hat and shirt, President Prabowo Subianto speaks to the camera in an Instagram video, asking his people how he can help them after his election last year.
A simple handshake between President Xi Jinping and once-shunned entrepreneur Jack Ma sent Chinese tech stocks booming in recent weeks as it was interpreted as the latest sign the sector is being brought in from the cold -- though experts advise caution.
More than fifty years passed between the last Apollo mission and the United States' return to the lunar surface, when the first-ever private lander touched down last February.
At least four people have died in the Indian Ocean island of La Reunion during the passage of a devastating cyclone that sowed destruction across the overseas French territory, officials said on Saturday. On Friday, Cyclone Garance struck the territory of 900,000 people, uprooting trees, tearing off roofs and flooding homes.
Commercio Partners has projected that, following the CPI rebasing, Nigeria's inflation rate would range between 15% and 20% in their base-case scenario for 2025.
Economy
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