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Settlement payouts will promote US whistle-blowing

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UNITED STATES

The marked increase in 2015 expenses stems in part from Goldman's 5.1-billion-dollar settlement with the Department of Justice (DoJ) and various federal and state regulators…

Argentina energy doubts mount as Vaca Muerta stalls

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ARGENTINA

On December 15, President Alberto Fernandez's government awarded supply contracts under the Gas.Ar plan, seeking to address short-term supply challenges and energy trade balance…

TurkStream’s Balkan route to Europe is not guaranteed

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BALKANS

At the third attempt, Bulgarian state-owned gas network operator Bulgartransgaz has established market interest in filling a new pipeline extending the Russian-Turkish TurkStream…

Party cronies take control of Hungary’s universities

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HUNGARY

The Orban government, under the slogan of increased efficiency, has established 34 public-interest trust foundations and outsourced almost the whole of the higher education sector…

Somalia and Turkey may struggle to realise oil deal

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SOMALIA/TURKEY

The deal builds on the recent ten-year agreement on maritime defence cooperation. Somalia is believed to have significant onshore and offshore oil and gas potential. However…

Lithium deal aims to avoid missed opportunity in Chile

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CHILE

Among other objectives, the deal seeks to increase lithium output rapidly in response to concern that Chile is not taking full advantage of a demand boom that, as technology…

Saudi Arabia’s renewables drive will face challenges

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SAUDI ARABIA

Saudi Arabia has made significant progress since 2021 in developing its renewable energy sector. However, it contributes less than 5% to total electricity output. By end-2023…

Indian corporations are becoming ambivalent about Modi

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INDIA

The tycoon Mukesh Ambani and India's business climate.

Legal changes bring UK/US class action regimes closer

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UK/US

With the new rules, the United Kingdom is making it easier for consumers to bring collective legal actions for alleged violations of competition law, although it has largely…

Greek media group may yet escape government clutches

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GREECE

That Greece’s largest-selling daily newspaper Ta Nea (established in 1931) and DOL’s flagship Sunday newspaper To Vima (established in 1922) have suspended publication has sent…