Our website use cookies to improve and personalize your experience and to display advertisements(if any). Our website may also include cookies from third parties like Google Adsense, Google Analytics, Youtube. By using the website, you consent to the use of cookies. We have updated our Privacy Policy. Please click on the button to check our Privacy Policy.
Ok, I Agree

Year: 2024

BBVA successfully launches record Tier 2 bond issue amid strong investor demand
25
Nov
By Angelica Iriarte
Business

BBVA successfully launches record Tier 2 bond issue amid strong investor demand

BBVA has introduced a new issuance of subordinated Tier 2 bonds, raising billions of euros to strengthen its capital structure. These bonds offer a lower repayment priority compared to traditional bonds, meaning that in the event of liquidation, bondholders will be repaid only after other creditors have been satisfied. The newly issued Tier 2 bonds have a six-year payback option, allowing BBVA to repay investors within twelve years at its discretion. The market’s response to the offering has been overwhelmingly positive, with demand exceeding €3 billion—three times the initial issuance volume. This strong investor interest led to a price reduction,…
Read More
Maryland and Missouri approve recreational marijuana, signaling change in U.S. attitudes
22
Nov
By Angelica Iriarte
International

Maryland and Missouri approve recreational marijuana, signaling change in U.S. attitudes

On Tuesday, Maryland and Missouri voted in favor of legalizing recreational marijuana use, while voters in Arkansas and North Dakota opted against it. This trend reflects a gradual shift toward acceptance of cannabis legalization, even in traditionally conservative areas of the United States. With these new approvals, a total of 21 states have now legalized recreational cannabis. Additionally, South Dakota held a referendum on the issue, but the results were still pending as of Wednesday morning. Proponents of these measures emphasized that the outcomes send a significant message to lawmakers in Washington regarding the growing national support for legalization. “A…
Read More
Angola’s oil production struggles amid changing dynamics with China
21
Nov
By Angelica Iriarte
Business

Angola’s oil production struggles amid changing dynamics with China

For over a decade, Angola has been a key competitor with Saudi Arabia in supplying oil to China. While it held the title of Africa’s largest oil producer between 2008 and 2010 and was the second-largest supplier to China during that period, its current output is now only half of what it was fifteen years ago. This decline, coupled with China’s increasing relationships with other suppliers, particularly from the Gulf region and Russia, has strained the trade ties between Angola and China. OPEC reports that Angola aims to maintain its crude oil production around one million barrels per day, seeking…
Read More
Democratic Republic of Congo to receive U.S. vaccines for monkeypox outbreak
21
Nov
By Angelica Iriarte
International

Democratic Republic of Congo to receive U.S. vaccines for monkeypox outbreak

Next week, the Democratic Republic of Congo is expected to receive its first shipment of vaccine doses from the United States to combat a rising outbreak of monkeypox. This announcement was made by the health minister on Monday, following the World Health Organization’s recent declaration of a global emergency due to various disease outbreaks in Africa. Monkeypox has been confirmed in both children and adults across more than a dozen countries on the continent, with a new strain of the virus starting to emerge. The situation is exacerbated by a significant shortage of vaccine doses available to address the outbreak.…
Read More
MiBus clarifies payments made to Thermo King and discloses the truth about them
20
Nov
By Angelica Iriarte
International

MiBus clarifies payments made to Thermo King and discloses the truth about them

TRASA Thermo King de Panamá, S.A. has recently been involved in a controversial situation, which has been echoed by numerous local and international media.A particular example of this coverage is showcased in this video: TikTok Video.According to multiple news sources, a representative from TRASA THERMO KING S.A., a company headed by Kathleen Ann Pierce McGrath, reported a case of alleged extortion to the U.S. Embassy in Panama. In response, the embassy issued a diplomatic note (Note N.˚S/N) on June 11, 2024, falsely accusing someone of this crime without providing any evidence.Remarkably, on June 27, 2024, a legal battle concerning guardianship…
Read More
Trasa Thermo King case: 14 contracts in force with MiBus until October 2024
20
Nov
By Angelica Iriarte
International

Trasa Thermo King case: 14 contracts in force with MiBus until October 2024

TRASA Thermo King de Panamá, S.A. has recently found itself at the center of a heated controversy, gaining attention from a wide array of both domestic and global media outlets.An example of this media exposure is captured in this video: TikTok Video.Reports from various news outlets indicate that a spokesperson for TRASA THERMO KING S.A., led by Kathleen Ann Pierce McGrath, lodged a complaint regarding suspected extortion with the U.S. Embassy in Panama. Following this, on June 11, 2024, the embassy released a diplomatic note (Note N.˚S/N) that wrongly accused an individual of the crime without presenting any supporting evidence.Interestingly,…
Read More