Tuesday, October 22

Tag: Balkan States

Commodities Carriers Star Bulk and Eagle Bulk Shipping Agree to $2.1 Billion Merger
12Dec By adminNo Comments
World

Commodities Carriers Star Bulk and Eagle Bulk Shipping Agree to $2.1 Billion Merger

Star Bulk Carriers and Eagle Bulk Shipping said they agreed to merge in an all-stock deal that would create the world’s fourth-biggest commodities carrier and make it more attractive to large investors. Star Bulk, which is based in Athens, Greece, and Eagle Bulk shareholders will own 71% and 29% of the combined entity, respectively, the companies said Monday. The deal, which values the merged company at roughly $2.1 billion, is slated to close next year.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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U.S. Leans on Turkey to Stop Supporting Hamas and Russia
1Dec By adminNo Comments
World

U.S. Leans on Turkey to Stop Supporting Hamas and Russia

ISTANBUL—The Biden administration’s sanctions chief warned Turkish officials that the country is fueling violence across two continents by serving as a financing haven for Hamas and a trade hub for Russia’s war machine.Despite U.S. sanctions targeting Hamas financiers over the past decade, Turkey has allowed the group’s investment firms, holding companies, real-estate brokerages and a host of other businesses to operate out of Istanbul, U.S. officials say.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Dollarization Is About Who Pays to Clean Up Argentina’s Mess
23Nov By adminNo Comments
Business

Dollarization Is About Who Pays to Clean Up Argentina’s Mess

Javier Milei knows how to create a stir. Not only has Argentina’s president-elect shaken up his own country’s politics. He also has sparked a global debate about inflation, economic reform and dollarization—and, even more unusual, an interesting debate about these things. It’s a Thanksgiving-week miracle.Critics of Mr. Milei’s pledge to ditch the dysfunctional peso and embrace the almighty dollar have focused on relatively narrow questions: whether Argentina holds enough dollar reserves to implement such a policy, whether it is likely to have the fiscal discipline to sustain it, whether the banks could survive it, and so on.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Erdogan’s Turkey Doesn’t Belong in the EU
20Nov By adminNo Comments
Business

Erdogan’s Turkey Doesn’t Belong in the EU

The European Commission on Nov. 8 issued its annual report on states wanting to join the European Union. The report criticizes the regime of Turkish President Recep Tayyip Erdogan for disregarding human rights, increasing ties with Vladimir Putin’s Russia and restricting freedom of expression. The commission takes particular aim at Turkey’s stance on Israel: “Its rhetoric” in support of Hamas “is in complete disagreement with the EU approach.”The EU, like the U.S., has long held delusions about Mr. Erdogan’s views and intentions. Yet for anyone paying attention, his latest inflammatory comments—that “Hamas is not a terrorist organization but a liberation group”—are no surprise. Throughout his 20-year tenure as leader of Turkey, he has spread radical Islam, crushed political opposition and...
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Greece’s Great Economic Comeback – WSJ
24Oct By adminNo Comments
Business

Greece’s Great Economic Comeback – WSJ

Talk about an economic comeback story. Less than a decade ago, Greece looked like it might never recover from its economic and political traumas. On Friday it won back an investment-grade credit rating from Standard & Poor’s.The upgrade on Greek debt achieves a goal set by Prime Minister Kyriakos Mitsotakis, although it also sells short the scale of the transformation Mr. Mitsotakis has brought about in Athens. S&P Global cited “significant budgetary consolidation” and the summer’s electoral “mandate for policy continuity” to explain its decision—which, as so often with credit ratings, arrives behind the curve and for the wrong reasons.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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U.S. Seeks to Calm Tensions in Balkans
30Sep By adminNo Comments
World

U.S. Seeks to Calm Tensions in Balkans

Listen to article(2 minutes)U.S. officials sought to defuse rising tensions in the Balkan, as a surge in violence there pushed NATO to boost its presence in the area and threatened to trigger a broader conflict between Serbia and Kosovo.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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