May 21 2021, 12:22 AM
May 20 2021, 8:07 PM
May 21 2021, 12:22 AM
(Bloomberg) Glencore Plc and its syndicate of lenders should renegotiate their more than $1 billion oil-for-cash loan to Chad to make the nationâs debt sustainable, World Bank President David Malpass said.
(Bloomberg) Glencore Plc and its syndicate of lenders should renegotiate their more than $1 billion oil-for-cash loan to Chad to make the nationâs debt sustainable, World Bank President David Malpass said.
The worldâs biggest commodities trader and other commercial lenders should be included in talks with the central African nation under the Common Framework created by the Group of 20 leading economies to get private creditors involved in debt relief alongside public lenders. Chad is one of three countries out of 73 eligible thatâs seeking relief under the framework.
BARCELONA: Two of Spain’s most modest stadiums are set to offer scenes of joy and sorrow on Saturday.
Atlético Madrid can ensure it clinches its first Spanish league title in seven years with a win at Valladolid, while Lionel Messi and Ronald Koeman could participate in their last game for Barcelona when they visit the already relegated Eibar.
Atlético enters the final round of the competition with a two-point lead over defending champion Real Madrid.
If Diego Simeone’s side fails to win at Valladolid, Madrid can retain its title by beating Villarreal. Madrid holds the tiebreaker advantage with Atlético in case they finish level on points.
DUBAI: On-demand service StarzPlay has strengthened its existing partnership with telecoms company Ooredoo in Tunisia to offer its customers access to the platform’s add-on channels UFC and Discovery+ in addition to the StarzPlay subscription as part of a bundle service. Raghida Abou-Fadel, senior vice president of sales and business development at StarzPlay, said: “Our
The buzzword among economists these days is inflation. Last week’s US consumer price and producer price indices stood at 4.2 and 6.2, respectively. The question on everybody’s mind is whether inflation is a blip, or here to stay for the long haul. On Wednesday, for the first time since the start of the pandemic, the Fed published its latest minutes, indicating that some
As the negotiations between Washington and Tehran continue, and the chances increase of reviving the 2015 nuclear deal and lifting sanctions against Iran, the regime in Tehran appears to be growing more emboldened and empowered to escalate its destabilizing and destructive behavior in the Middle East. Instead of attempting to broker calm and peace, the Iranian leaders appear