Articles categorized by: Economy & Companies

Brexit.- With or without a deal UK should honor its financial obligations with the EU or the cost may be even higher, The House of Lords warns

Lord Sharkey, Chair of the House of Lords EU Financial Affairs Sub-Committee, said: “When he was the Brexit Secretary, Dominic Raab told us that ‘Her Majesty’s Government and the United Kingdom always pay their dues’. Deal or no deal, the UK should honour its financial obligations. “Seeking to revisit or disown the agreed financial settlement […]

BP-Bunge Brazilian suggar cane ethanol joint venture cleared by the EU Commission

The BP-Bunge joint venture approved today by the EU Commission still pending Johnson’s Brexit agreement approval or rjection by The House of Commons, will be active in sugar cane cultivation, production of sugar and ethanol, and electricity co-generation from sugar cane bagasse in Brazil. Under their agreement, BP and Bunge will each contribute their existing […]

IMF Managing Director urges for gender equality at work

International Monetary Fund Managing Director Kristalina Georgieva urged leaders to push for gender parity in an event ahead of the Annual Meetings of the International Monetary Fund and World Bank. Georgieva opened the talk, “Women, Work, and Leadership” by praising her predecessor, the first woman to lead the IMF: “The woman before me that led […]

The Bulgarian economist Kristalina Georgieva, 1st Managing Director of the IMF coming from Eastern Europe

The Executive Board of the International Monetary Fund (IMF) selected Kristalina Georgieva to serve as IMF Managing Director and Chair of the Executive Board for a five-year term starting on October 1st, 2019. Se succeeds Christine Lagarde, who left this position to become the President of the EU Central Bank. Giorgieva is the 2nd woman […]

Trump orders US companies to stop operations in China, while Google, Twitter and Facebook block “fishy” contents on Hong Kong unrest

Completed at 11: 30 pm Google, Twitter and Facebook have announced this week several blocking actions on some video contents, posts and tweets related to the Hong Kong ongoing protests against the PRC Government. The social networks argue that the PRC Government was suspected to be responsible of all these contents in a coordinated action […]