Iranian nuclear deal. David is looking at challenges to spotify and apple. The greek Prime Minister Alexis Tsipras is trying to rally support for his position on the bailout talks. He is asking opposition lawmakers to back his strategy of putting an end to austerity measures. He told the Greek Parliament any new deal must include restructuring of the debt. President cypriots we want a new agreement that has necessary restructuring of a debt because no country that has a debt of 180 of its gdp can safely come out to the markets, and this is the sour truth. Mark greece and its creditors remain far apart on a deal. The country has submitted a 15page list of proposed economic reforms. Three european officials tell bloomberg is not enough to make them give greece additional bailout funds. J. P. Morgan executives have been deposed as a part of an investigation into the asset unit. The securities and Exchange Commission has also subpoenaed thousands of pages of internal documents. Investigato
More than 40 former heads of state and leading global health advocates have urged world leaders not to waste a unique opportunity to save millions of lives as negotiations stall on a new global pandemic accord.1
In an open letter, published four years after the World Health Organization declared covid-19 a global health emergency, the 40 influential figures warned that the world’s leaders were looking increasingly unlikely to agree on a new, legally binding agreement intended to prevent and prepare for a future pandemic.2
“Four years since it was declared a global emergency, covid-19 continues to add to the estimated 28.5 million excess deaths associated with the pandemic,” the letter said. “People and societies continue to suffer the long tail of its enormous social and economic toll. Overall, our …
As Latin America and the Caribbean (LAC) continue to suffer the impacts of the COVID-19 pandemic, the region faces an increasingly unstable geopolitical and economic environment. Amidst inflationary pressures and increasing fiscal debt, coupled with an economic slowdown, the volatility of food and oil prices, and a slowdown in foreign investment, what are the challenges […]
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The likelihood of capital increase for the World Bank’s non-concessional lending arm, the IBRD, appears to be climbing. At least an odd European government appears to be doing some preparatory work for it. But any negotiations around a capital increase may be complex. Large shareholders and borrowers hold conflicting positions, and shareholders are divided amongst themselves. That suggests the potential advantage of changing what the negotiation is over.