The Cuban government announced that the increase in gasoline by almost 500 % will come into effect next March 1, a month after the originally planned date. In addition, as part of a series of measures to tackle the country's fiscal deficit, the Minister of Finance and Prices, Vladimir Regueiro,…
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G7 must reach agreement on frozen Russian assets

U.S. Treasury Secretary Janet Yellen stressed the urgency of the G7 reaching an agreement to use the proceeds from frozen Russian assets and redirect them to Ukraine. This is raised as a crucial step ahead of the next meeting of the group…

IMF issued warning on agrarian protests in Europe

The International Monetary Fund (IMF) issued a warning about agrarian protests in Europe, noting that they could have an impact on prices if they persist. However, the IMF also states that these protests are not expected to have a major…

EU approved new sanctions against Russia

The European Union adopted its thirteenth package of sanctions against Russia in response to Russia's aggression against Ukraine. This new package affects some 200 individuals and entities, mainly from Russia. Here are the key details:…

Argentina reached a surplus of $620 million

Argentina recorded a financial surplus of $620 million last January, the result of a primary surplus and the payment of interest on the public debt, according to official sources. This positive result is the first since August 2012 and the…