MEXICO CITY / SINGAPORE (Reuters) – Oil tankers transporting nearly two months of Venezuelan oil production are trapped at sea as world refineries avoid the nation’s crude to avoid falling under U.S. sanctions, according to sources at the industry, PDVSA documents and shipping data. Washington is tightening sanctions to reduce …
Read More »EU travel recommendations may prevent Americans and Russians
BRUSSELS (Reuters) – The European Union (EU) expects to reopen borders for strangers starting in July, but will review each nation’s COVID-19 situation every fortnight, according to diplomats and a document that sets criteria that could keep them away. Americans and Russians. FILE PHOTO: The Bridge of Sighs sees tourists …
Read More »The global economy will receive a $ 12 trillion impact from the coronavirus, says the IMF | Deal
The International Monetary Fund has said the world economy will take a hit of $ 12 trillion (£ 9.6 trillion) from the Covid-19 pandemic after cutting its already bleak growth projections for the UK and other developed countries in 2020. The IMF said it would take two years for world …
Read More »This is how Wirecard went from being an analyst to a $ 2.2 billion accounting scandal, and it cost SoftBank hundreds of millions in the process.
REUTERS / Michael Dalder Wirecard, one of Europe’s leading financial technology companies, is at the heart of one of the region’s largest corporate accounting scandals in recent years. The company’s shares have fallen more than 80% since it admitted that auditors were unable to track € 1.9 billion in their …
Read More »Russia kicks off luxurious Victory Day parade after coronavirus delay
The annual parade, which commemorates the end of World War II in Europe, is generally held on May 9. Putin had originally planned a grand celebration, inviting world leaders like French President Emmanuel Macron and Chinese President Xi Jinping to join him. But like many public events around the world, …
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