The appointment of Goto as economic revitalization minister will be announced later. The announcement was made through NHK. Daishiro resigned from the position the previous day. According to two people with direct knowledge of the decision, Japanese Prime Minister Fumio Kishida will choose former health minister Shigeyuki Goto as the new economics minister to replace … Read more
IMF board meets Argentina’s new economy minister. Fund staff updates the board on the state of affairs in Argentina. Argentina’s dollar bonds trading in very distressed territory under 20 cents on the dollar. Former economy minister Martin Guzman, the architect of Argentina’s deal with the IMF, has resigned. The IMF International Monetary Fund’s leading group … Read more
Russia’s decision to stop supplying Gazprom Germania with gas could cost Germany up to $5.4 billion a year in lost revenue, the report says. Gazprom stopped supplying the company in May after Berlin put it under trustee management due to Russia’s invasion of Ukraine. Russia’s approvals against Gazprom Germania and its auxiliaries could cost German … Read more
