From remote work to fuel rationing: How Asian countries are managing energy shortages amid US-Israel-Iran war

Buzz line1 month ago011 mins

Many Asian countries, including Pakistan, Vietnam, Thailand, Bangladesh, India and Sri Lanka, announced a slew of measures as the US-Israel war on Iran disrupted energy supplies, threatening economic stability. The measures include curbing government spending, shutting down schools and pushing remote work. Asian nations that rely heavily on fossil fuel imports from the conflict-hit West…

IMF to release $2.3 billion from pre-approved loan to Egypt amid economic recovery efforts

Buzz line2 months ago03 mins

CAIRO (AP) — The International Monetary Fund says it is allowing Egypt to draw on about $2.3 billion from an earlier approved loan, noting that the country has made progress in restoring economic stability and reducing inflation as part of a reform program. The IMF said in a statement Wednesday that the decision to release…

Markets with Bertie: Don’t just do something, stand there

Buzz line2 months ago06 mins

At a quarter to one last Sunday, Bertie found himself having lunch alone at the FatCats Club. This is a significant departure from our man’s routine, wherein most Sundays are spent devouring a home-cooked meal and enjoying an afternoon siesta. But Bertie is a man of habit, and last Sunday, two of his habits collided….

Donald Trump signs order to ‘protect’ Venezuelan oil revenue, says seizure could undermine US efforts in country

Buzz line3 months ago04 mins

United States President Donald Trump has issued a new executive order which claims to “protect” Venezuelan oil revenue from being seized for judicial proceedings, AP reported. The order, made public on 9 January, states that the funds being seized for judicial proceedings could “undermine critical US efforts to ensure economic and political stability in Venezuela”,…

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From remote work to fuel rationing: How Asian countries are managing energy shortages amid US-Israel-Iran war

IMF to release $2.3 billion from pre-approved loan to Egypt amid economic recovery efforts

Markets with Bertie: Don’t just do something, stand there

Donald Trump signs order to ‘protect’ Venezuelan oil revenue, says seizure could undermine US efforts in country