Bulker Breaks Apart in Storms Causing Oil Spill off South Africa
The bulker that capsized and washed ashore on the west coast of South Africa broke up during storms over the…
Ship Strike on Shark Captured on Video for the First Time
Ship strike incidents are widely believed to be a contributing factor in the declining numbers of many shark species. But…
Yellen says G7 can reach deal on $50 bln Ukraine loan by October
U.S. Treasury Secretary Janet Yellen told Reuters on Friday that “things look good” for Group of Seven wealthy democracies to…
Iraq increases crude export capacity at southern Gulf terminals with new pumping units
Iraq boosted its crude export capacity at its southern Gulf terminals by 300,000 b/d with the addition of two new…
Some Azerbaijan to Turkey gas deliveries suspended next week for maintenance
Gas deliveries from Azerbaijan to Turkey through the Shahdeniz pipeline will be suspended between July 31 and Aug 5 because…
Fed’s next challenge: the unemployment boogeyman
If the economy were just a snapshot, Federal Reserve Chair Jerome Powell should put the current one on his mantle.…
Consumer titans have Covid-era issue, in reverse
Consumer goods giants can’t seem to catch a break. During the pandemic, the likes of $260 billion Nestlé and $150…
G20 agrees to tackle taxation of the super-rich, but forum not yet decided
The first-ever joint declaration by G20 finance leaders vowing to cooperate on effectively taxing the world’s largest fortunes on Friday…
Keep global tax negotiations at OECD, not UN, Yellen says
U.S. Treasury Secretary Janet Yellen said on Friday that she opposes shifting global tax deal negotiations away from the Organisation…
Yellen says $3 trillion needed annually for climate financing, far more than current level
U.S. Treasury Secretary Janet Yellen said on Saturday that the global transition to a low-carbon economy requires $3 trillion in…