LONDON: US military officials warned on Tuesday of the threat posed by Hezbollah to Lebanon’s stability amid the economic crisis wracking the country. The concerns were raised in a discussion on Washington’s defense cooperation with Lebanon. The US has provided support for more than 15 years to the Lebanese Armed Forces (LAF), but the increasing influence of the
GeoPark: Colombian production resumes after protests
Jun 1, 2021 1:50:pm
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by: Daniel Graeber
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GeoPark: Colombian production resumes after protests
Latin American-focused oil and gas explorer GeoPark said June 1 it was able to resume operations in Colombia following disruptions from domestic protests.
GeoPark announced May 17 that road blockades and other demonstrations affected operations across three fields in Colombia, two of which were operated by the company.
Strikes across Colombia greeted an April tax reform proposal. Working to alleviate chronic debt, Colombian president Ivan Duque proposed a higher tax for middle- and high-income earners, sparking a major public backlash.
Colombian energy company Ecopetrol said last month that its upstream, midstream, downstream and commercial and marketing segments were all impacted by the social unrest. Apart from road blockades, the company said there had been isolated incidents involving its infrastructure.
Deutsche Bank, Groupon Alumniâs Startup Valued at $3 Billion
Jun 02 2021, 12:59 AM
June 01 2021, 12:22 PM
June 02 2021, 12:59 AM
(Bloomberg) Wefox, an insurance-technology firm founded by former Groupon Inc. and Deutsche Bank AG staff, raised $650 million in a funding round that values the company at $3 billion.
(Bloomberg) Wefox, an insurance-technology firm founded by former Groupon Inc. and Deutsche Bank AG staff, raised $650 million in a funding round that values the company at $3 billion.
Venture capital firm Target Global led the investment in Berlin-based Wefox, which sells property-insurance products in Germany, Poland and Switzerland and also offers related software.
Wefox plans to use the money to expand to new countries, including Italy, and later this year add life- and health-insurance products to its portfolio, Chief Executive Officer Julian Teicke said in an interview.