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Pakistan likely to avoid direct involvement in Yemen

Location:

PAKISTAN

The Pakistani armed forces are reportedly already involved in the campaign: some troops have been deployed in Saudi Arabia and a naval ship is stationed off the Yemeni coast…

IMF may stop contributing to Greek bailout

Location:

GREECE/INT

The second phase of the current bailout, extended until end-June, foresees a final installment of 7.2 billion euros (8.2 billion dollars) in exchange for fiscal and structural…

Bombardier's Delta CSeries deal may trigger a WTO case

Location:

CANADA

Bombardier -- one of the top four global aircraft manufacturers and a significant source of employment in Canada and abroad -- is currently seeking a federal bailout to alleviate…

Zimbabwean bond notes policy staves off fiscal reforms

Location:

ZIMBABWE

GDP is still set to recover this year, accelerating to 3.7% (from 0.7% in 2016) according to government forecasts. This is driven by robust exports, which should boost legitimate…

India mulls new rules to shake up e-commerce

Location:

INDIA

Draft policy for e-commerce.

Venezuela oil outlook shows few grounds for optimism

Location:

VENEZUELA

Venezuela's crumbling oil sector.

Tariffs accentuate poor iron ore market fundamentals

Location:

INTERNATIONAL

High inventories in Chinese steel mills have reduced steel and iron ore prices this year. Concerns about retaliation against the US tariffs are accentuating the trend. Prices of…

Tussles loom over reforming the US Postal Service

Location:

UNITED STATES

The administration’s 2021 fiscal year (October 1-September 30) budget request dismisses the preferred solution of the postmaster general and Congress Democrats, for taxpayers to…

Foreign firms face risks in India's e-commerce space

Location:

INDIA

The ruling offers relief to Amazon, which not only faces stiff competition but is also grappling with changes in India’s e-commerce regulatory framework. On June 21, the Ministry…

Tata Group faces long struggle to transform Air India

Location:

INDIA

The deal is said to be worth USD70bn. The Tata Group acquired Air India from the government in January 2022. The airline has for years been a loss-making enterprise.