Ruhrpumpen Egypt targets €1m in sales by year-end ’24
Egyptian-German Pump Company Ruhrpumpen Egypt expects to achieve sales of €11 million by the end of 2024, up from…
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Argentina
Argentina plans summer power cuts amid rising demand
Argentina plans to implement scheduled power cuts this Southern Hemisphere summer to manage electricity demand, as…
Argentina’s draft ’25 budget projects 5% growth
Argentina's budget 2025 projects a five per cent economic growth and a primary fiscal surplus of 1.3 per cent of…
India mulls raising import taxes on vegetable oils
India is considering increasing import taxes on vegetable oils as a means to protect farmers who are struggling…
EU, Mercosur aim to finalise trade deal by year-end
The European Union (EU) and the Mercosur bloc, comprising Argentina, Brazil, Paraguay, and Uruguay, are targeting…
China’s Ganfeng Lithium plans to build derivatives desk
Ganfeng Lithium Group Co. is considering setting up a derivatives-trading desk to manage risk in response to market…
Argentina’s c. bank to sell dollars in parallel market
Argentina's central bank will begin selling US dollars in the country's parallel foreign exchange markets on…
IMF to mull cutting fees on major borrowers
The International Monetary Fund (IMF) is set to discuss reducing fees for its largest borrowers amid concerns over…
IMF expects China to reschedule Argentina’s $18b debt repayments
The International Monetary Fund (IMF) expects China to reschedule payments on a portion of its $18 billion swap…
Argentina slashes rates amid inflation concerns
Argentina has slashed its benchmark interest rate for the sixth time aiming to combat inflation while reducing the…
