Swiss Minister Says End To US Tax Dispute In Sight

Swiss Minister Says End To US Tax Dispute In Sight

Swiss Finance Minister Eveline Widmer-Schlumpf says a resolution may be not far off to end a long-running dispute with the United States over Swiss banks accused of helping wealthy Americans evade billions of dollars of taxes. “We are on the point of presenting a solution,” Widmer-Schlumpf told Swiss…

Paraguay Among Latin American Nations With Robust Growth

Paraguay Among Latin American Nations With Robust Growth

In early May, BBVA Bank Paraguay presented its Latin American economic growth outlook for 2013 and 2014, predicting the economies that will lead global growth. BBVA estimates that the pace of global development in 2013 will be 3.3 percent, only a tenth of the estimated growth in 2012.…

Obama Turns Focus On Middle-Class Jobs

Obama Turns Focus On Middle-Class Jobs

U.S. President Barack Obama says he is focusing on ways to help the American middle class make economic gains, to bring them in line with the economic recovery of big business. Obama said in his weekly address Saturday that he has been visiting cities across the country that…

Iran’s Trade Stats Drop Well Below April’s Figures

Iran’s Trade Stats Drop Well Below April’s Figures

Iranian customs says imports into the country were down sharply last month compared to the same period in…

EIB To Provide Repsol With 200 Million Euros For R&D Programs

EIB To Provide Repsol With 200 Million Euros For R&D Programs

The European Investment Bank (EIB) will finance Repsol’s research and development plan (R&D) with 200 million euros. The…

Rosneft Signs Cooperation Agreements For Expanded Use Of Gas Engine Fuel

Rosneft Signs Cooperation Agreements For Expanded Use Of Gas Engine Fuel

Rosneft has signed several agreements to boost the gas engine fuel market after the meeting held by the…

VII Pacific Alliance Summit: Preparations Under Way In Cali, Colombia

The Seventh summit of the Pacific Alliance will commence in May 23rd, in Cali, Colombia. The Pacific alliance…

SPDC Declares Force Majeure On Gas Supplies To NLNG

Shell Petroleum Development Company Limited, or SPDC, has declared force majeure on gas supplies to Nigeria LNG, effective…

Barroso Urges ‘Credible Reforms’ In France In Return For Deficit Grace Period

Barroso Urges ‘Credible Reforms’ In France In Return For Deficit Grace Period

(EurActiv) — European Commission President José Manuel Barroso urged France on Wednesday (15 May) to push ahead faster…

Total Awarded 10 Exploration Licenses In Brazil’s 11th Bid Round

Total announced Thursday that it has been awarded 10 new exploration licenses during Brazil’s 11th bid round. Total…

Paraguay Aims To Reach New Record High Of Beef Exports To Chile

Paraguay Aims To Reach New Record High Of Beef Exports To Chile

This week the Paraguayan government announced that a Chilean Mission will visit Asuncionto finalize the beef exports to…

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