No Image

Venezuela to accelerate cryptocurrency shift as oil sanctions return

08/05/2024 0

Reuters exclusively reported that Venezuela’s state-run oil company PDVSA plans to increase digital currency usage in its crude and fuel exports as the U.S. reimposes oil sanctions on the country. The post Venezuela to accelerate cryptocurrency shift as oil sanctions return appeared first on Reuters News Agency.   Source: Reuters News Agency 

No Image

Ecuador examining new Amazon and Ocean linked debt-for-nature swaps

08/05/2024 0

Reuters exclusively reported that Ecuador is scoping out new debt-for-nature swaps, one to funnel funds into the Amazon rainforest and another for a giant ocean protection zone backed by Hollywood star Leonardo DiCaprio.  The post Ecuador examining new Amazon and Ocean linked debt-for-nature swaps appeared first on Reuters News Agency.   Source: Reuters News Agency 

No Image

ECB set to order UniCredit to reduce Russia business

08/05/2024 0

Reuters exclusively reported that the European Central Bank is poised to order Italy’s UniCredit to cut back its business with Russia as the regulator exerts pressure to choke off European financial ties with Moscow.  The post ECB set to order UniCredit to reduce Russia business appeared first on Reuters News Agency.   Source: Reuters News Agency 

No Image

Journey into the unknown: Thousands of Gazan families flee Rafah

08/05/2024 0

Displacement after displacement. That describes the reality facing thousands of Palestinian families in Gaza who took Rashid Street from Rafah to the centre of the Gaza Strip after receiving evacuation orders from Israeli authorities on Monday to move to Al Mawasi, a coastal area of the besieged enclave.

Ongoing war in Sudan stalls progress in disputed Abyei region

07/05/2024 0

The ongoing conflict between rival militaries in Sudan has stalled progress towards the determination of the final status of the disputed oil-rich Abyei region which straddles the Sudan-South Sudan border, the head of UN peacekeeping operations said on Tuesday.