Page 8 - Ben Bartenstein News Today

(Bloomberg) — Investors are about to get a snapshot of any price pressures building across the developing world — the fallout of the unprecedented stimulus…

Isabel dos Santos. Image: Nuno Coimbra A year after Angolan authorities cracked down on her multibillion-dollar business empire, Africa’s once-richest woman is watching it crumble. From self-imposed exile in Dubai, Isabel dos Santos has been fighting a legal battle against Angola’s government as court orders roil her companies. In Luanda, shelves at the Candando supermarket stores are more than half empty. A beer factory south of the capital is running at 30% of its production capacity. Ope...

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(Bloomberg) --Career banker Guillermo Lasso won Ecuador’s presidential election after a late surge in support, reassuring bondholders in the default-prone country and shoring up U.S. ties.

File photo of Central Bank Governor Riad Salameh . Salameh’s record is under attack unlike 2008 when he confidently talked up Lebanon’s success. Salameh’s credibility has been on the line after promising so many things and not being able to deliver . He reportedly has consistently favored policies whose outcome has been nothing short of disastrous to the Lebanese people The U.S. is considering sanctions against Lebanon’s long-serving central bank chief as a broader investigati...

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All carrot, no stick: Biden seeks negotiations with Venezuela’s Maduro and his allies By Ben Bartenstein and Alex Vasquez on 12/18/2020 Joe Biden and Nicolas Maduro (Bloomberg) --President-elect Joe Biden’s advisers are preparing to negotiate with Nicolas Maduro’s regime in Venezuela in an effort to end the Western Hemisphere’s worst economic and humanitarian crisis, according to three people familiar with the matter. The Biden administration ...