DIRS.INFO The most relevant business & tech news

☆ IAEA chief Grossi condemns Iran's 'unprecedented' barring of inspectors
▼ + stars: | 2023-09-16 | by ( Francois Murphy | ) www.reuters.com time to read: +3 min

FILE PHOTO-U.N. nuclear watchdog chief Rafael Grossi attends a press conference during the International Atomic Energy Agency 's (IAEA) 35-nation Board of Governors meeting in Vienna, Austria, September 11, 2023. REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsVIENNA, Sept 16 (Reuters) - U.N. nuclear watchdog chief Rafael Grossi on Saturday condemned Iran's "disproportionate and unprecedented" move to bar multiple inspectors assigned to the country, hindering its oversight of Tehran's atomic activities. "These inspectors are among the most experienced agency experts with unique knowledge in enrichment technology," the agency said. "With today's decision, Iran has effectively removed about one third of the core group of the Agency's most experienced inspectors designated for Iran." Iran defended its move and accused the United States, Britain, France and Germany of politicising the IAEA watchdog.

Persons: Rafael Grossi, Leonhard Foeger, Iran's, Grossi, Tehran's, Nasser Kanaani, Francois Murphy, Arshad Mohammed, Mike Harrison, Ros Russell Organizations: International Atomic Energy Agency, Governors, REUTERS, Rights, International Atomic Energy, IAEA, Foreign Ministry, Iranian Government, Agency, U.S . State Department, Thomson Locations: Vienna, Austria, United States, Britain, France, Germany, Tehran, Iran, politicising, Iranian, Washington, Dubai

REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsPARIS/LONDON, Sept 14 (Reuters) - Britain, France and Germany said on Thursday they would retain ballistic missile and nuclear proliferation-related sanctions on Iran that were set to expire in October under the 2015 Iran nuclear deal, a step that could provoke Iranian retaliation. The JCPoA agreed with Iran in 2015 envisaged a "Transition Day" eight years later, when remaining ballistic missile and nuclear-related sanctions on Iran would be lifted. But Britain, France and Germany will now transfer UN sanctions on Iran that are due to be lifted next month into domestic law, while Britain and the EU will retain existing sanctions, Britain's Foreign office said in a statement. The crux of the JCPoA pact, which Iran made with Britain, China, France, Germany, Russia and the U.S., limited Tehran’s nuclear programme making it harder for it to get fissile material for a bomb in return for relief from economic sanctions. We stand ready to reverse our decision, should Iran fully implement its JCPoA commitments," the E3 said, referring to a mechanism that would immediately restore all UN sanctions against Iran.

Persons: Leonhard Foeger, Josep Borrell, Donald Trump, Joe Biden’s, Sachin Ravikumar, Parisa, David Holmes, Timothy Gardner Organizations: International Atomic Energy Agency, IAEA, REUTERS, Reuters, EU, Iran, Thomson Locations: Vienna, Austria, Britain, France, Germany, Iran, United Kingdom, Ukraine, Russia, Tehran, United States, China, U.S, Dubai

☆ Google argued during its antitrust trial that Android users can switch default search engines with a couple of clicks. An expert testified it took him 10 steps.
▼ + stars: | 2023-09-14 | by ( Associated Press | ) www.businessinsider.com time to read: +5 min

Google's antitrust trial is in full swing. However, one expert testified that switching from Google to Bing on an Android 12 was a 10-step process. Chris Barton, who worked for Google from 2004 to 2011, testified that he made it a priority to negotiate for Google to be the default search engine on mobile devices. He said he acquired an Android 12 phone and studied the process required to replace the Google search engine with Bing; it took 10 steps. Barton, however, testified that Google wasn't the only search engine seeking default status with phone companies.

Persons: Bing, Chris Barton, Antonio Rangel, Rangel, Barton, Microsoft's Bing, Trump, Judge Amit Mehta, Sundar Pichai, Larry Page, Eddy, Hal Varian Organizations: Google, Service, U.S . Justice Department, California Institute of Technology, Bing, Yahoo, Verizon, Justice Department, Inc, Apple Locations: Wall, Silicon, WASHINGTON, Germany, Austria, , California

☆ F1 in Singapore: McLaren's Lando Norris says track is 'tough' but eyes top spot this weekend
▼ + stars: | 2023-09-14 | by ( ) www.cnbc.com time to read: 1 min

Formula One is a demanding sport, and even more so at the Singapore Grand Prix. The city state's street circuit has long been considered one of the hardest tracks to race on in the F1 calendar, being a street circuit and having one of the hottest climates during the night race. However, McLaren driver Lando Norris is confident of his prospects in the Lion City, after a slew of upgrades to the team's MCL60 car resulted in vastly improved results in the second half of the season. McLaren's upgrade package was implemented across the races in Austria, Britain and Hungary. As the updates were being rolled out, he took two straight second position finishes in Austria and Great Britain, and a fourth in Hungary — picking up 48 points in three races, compared to just 12 points in the first eight races of the season.

Persons: Lando Norris Organizations: Singapore, Prix, McLaren, Hungary — Locations: Lion, Austria, Britain, Hungary, Great Britain

☆ What lies behind Italy's immigration crisis?
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +3 min

Newly arrived migrants wait to embark on a ferry to the mainland, in the Sicilian island of Lampedusa, Italy, August 27, 2023. Since Jan. 1, around 118,500 sea migrants have landed on Italian shores, a near-record figure that jars with Meloni's election campaign pledges. On current trends, arrivals are near the peak recorded in 2016, when about 181,500 sea migrants arrived in Italy. Members of the ruling coalition have accused the EU of not offering enough support for Italy - but other EU members are also under pressure from immigration. Italy faces more sea arrivals but other countries are dealing with higher overall migration figures, including via land.

Persons: Tony Colapinto, Giorgia Meloni's, Meloni, Alvise Armellini, Angus MacSwan Organizations: REUTERS, Rights, Migrants, Charities, Thomson Locations: Sicilian, Lampedusa, Italy, North Africa, Tunisia, Sicily, Europe, Germany, France, Spain, Austria

☆ Austrian prosecutors drop bribery investigation into ex-finance minister
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +2 min

VIENNA, Sept 12 (Reuters) - Austrian anti-corruption prosecutors said on Tuesday they had dropped a bribery investigation into former conservative Finance Minister Gernot Bluemel for lack of proof. A concrete donation by the gambling company to the party could not be proven," the Central Prosecutors' Office for Economic Crimes and Corruption (WKStA) said in a statement. Kurz led his conservatives to victory in a parliamentary election following the government's collapse in 2019 but was forced to resign as chancellor in 2021 when he was placed under investigation over corruption allegations. He is also under investigation for possible perjury in testimony to a parliamentary commission. Their party remains in government and leads a coalition with the Greens formed in 2020.

Persons: Gernot Bluemel, Christian Strache, Strache, Sebastian Kurz, Bluemel, Kurz, Francois Murphy, Sharon Singleton Organizations: Finance, Party, Heinz, Central Prosecutors, Economic, Greens, Thomson Locations: VIENNA, Austrian, Austria

☆ Arnautovic double helps Austria to 3-1 win away to sorry Sweden
▼ + stars: | 2023-09-12 | by ( Philip O'Connor | ) www.reuters.com time to read: +1 min

STOCKHOLM, Sept 12 (Reuters) - Austria striker Marko Arnautovic notched two second-half goals as his side comfortably beat Sweden 3-1 in their Group F qualifier at the Friends Arena on Tuesday, dealing a serious blow to the hosts' hopes of qualifying for Euro 2024. Belgium, who thrashed Estonia 5-0 in Brussels, top the group on 13 points after five games, ahead of Austria on goal difference. The Swedes are third on six points with Azerbaijan fourth on one point along with bottom side Estonia. Austria made it two three minutes later when a clearance by Sweden defender Isak Hien only went as far as Marcel Sabitzer and he played a first-time ball to Arnautovic, who swivelled and calmly fired home. Sweden coach Janne Andersson made a flurry of late changes and substitute Emil Holm pulled a late goal back but Austria easily held on and moved a step closer to qualification.

Persons: Marko Arnautovic, Michael Gregoritsch, Stefan Posch's, Isak Hien, Marcel Sabitzer, swivelled, Philipp Mwene, Arnautovic, Janne Andersson, Emil Holm, Philip O'Connor, Ken Ferris Organizations: Sweden, Friends, Estonia, Azerbaijan, Thomson Locations: STOCKHOLM, Austria, Belgium, Brussels, Estonia, Sweden

CNN —A zookeeper in Austria has died and another has been seriously injured after being attacked by a rhino, Salzburg police said on Tuesday. The rhino attacked a 33-year-old female animal keeper while she attended to her early morning work in the animal’s enclosure at Salzburg Hellbrunn Zoo, police said in a press release. According to its website, the zoo is home to 150 species and 1,500 animals – including white rhinos. White rhinos are the second-largest land mammal and they can weigh between 3,080 and 7,920 pounds, according to the World Wide Fund for Nature. With fewer than 16,000 white rhinos left, their status is near-threatened.

Persons: zookeeper, Ulrike Ulmann, “, Ulmann Organizations: CNN, Salzburg Hellbrunn Zoo, Salzburg University Hospital, Fund, Nature Locations: Austria, Salzburg, Tamu, Athos

☆ A paralyzed woman couldn't speak for more than 20 years. With AI, now she can — just by thinking.
▼ + stars: | 2023-09-11 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

A development in neurotechnology has given a stroke survivor her voice back after nearly 20 years. The woman had a brain stem stroke that left her paralyzed and unable to speak at age 30. Her new implant uses AI to decode brain signals and convert them to computerized speech. AdvertisementAdvertisementThe neurotechnology uses artificial intelligence to decode the woman's brain signals while she tries to speak. It's amazing I have lived this long; this study has allowed me to really live while I'm still alive!"

Persons: Ann Johnson, Johnson, hasn't, Dr, Edward Chang, Chang, Neuroengineering, didn't, I'm Organizations: Service, Nature, University of California San, University of California, of California San, UCSF, UCB, Austria's, Bio, German Research Foundation, United Nations Locations: neurotechnology, Wall, Silicon, University of California San Francisco, University of California Berkeley, of California San Francisco, UCSF, Austrian, United

☆ Austria's Former Foreign Minister to Move to St. Petersburg - TASS
▼ + stars: | 2023-09-11 | by ( Sept. | At P.M. | ) www.usnews.com time to read: 1 min

(Reuters) - Former Austrian Foreign Minister Karin Kneissl will move to St. Petersburg to work at an academic centre there which she heads, the Russian TASS state news agency reported on Tuesday. "I co-founded the G.O.R.K.I. center and manage it," TASS quoted Kneissl as saying. "Since there is a lot of work there and it requires a lot of attention, I cannot do this in passing, I decided to move to St. Petersburg for this work."

Persons: Karin Kneissl, Kneissl Organizations: Reuters, Austrian, Russian TASS, TASS Locations: St, Petersburg

☆ Strabag maps out next step to decrease Russian investor's stake
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +1 min

Logo of the construction company Strabag is seen at a construction site in front of the Supreme Court in Warsaw, Poland September 13, 2018. REUTERS/Kacper Pempel/File photo Acquire Licensing RightsSept 11 (Reuters) - Austrian construction group Strabag (STRV.VI) set out details on Monday of a planned capital reduction in its latest step aimed at decreasing the stake held by a company belonging to sanctioned Russian shareholder Oleg Deripaska. The move will decrease MKAO Rasperia Trading Limited's stake in Strabag from a current 27.8% to below 25%, ridding the company of its blocking minority, the Austrian firm said. Free reserves will be distributed to existing shareholders, who have the choice between a share option at a ratio of one new share per four already held or a cash option of 9.05 euros per share. Reporting by Tristan Veyet in Gdansk Editing by Miranda Murray and Rachel MoreOur Standards: The Thomson Reuters Trust Principles.

Persons: Kacper, Oleg Deripaska, Strabag, Vladimir Putin, Tristan Veyet, Miranda Murray, Rachel More Organizations: REUTERS, Thomson Locations: Warsaw, Poland, Strabag, Austrian, Ukraine, Gdansk

European Central Bank (ECB) President Christine Lagarde speaks to the media following the Governing Council's monetary policy meeting at the ECB headquarters in Frankfurt, Germany, July 27, 2023. "It's such a close call between the pause and the rate hike," said ING's global head of macro Carsten Brzeski. Traders are torn but favour an ECB pause, pricing in around a 40% chance of a hike. For many economists, one thing is clear: if the ECB has further tightening to deliver, September is likely its last chance. Even the hawks, keeping a hike on the table, say fresh ECB projections on Thursday are key to the decision.

Persons: Christine Lagarde, Kai Pfaffenbach, Reinhard Cluse, Mario Centeno, Isabel Schnabel, Austria's Robert Holzmann, Iain Stealey, Philip Lane, Kaspar Hense, Yoruk Bahceli, Stefano Rebaudo, Dhara Ranasinghe, Susan Fenton Organizations: European Central Bank, ECB, REUTERS, Central Bank, Traders, UBS, JPMorgan Asset Management, Reuters, ING, BlueBay Asset Management, Reuters Graphics Reuters, Thomson Locations: Frankfurt, Germany, Italy

But speaking on Wednesday, the last day before the ECB's self-imposed quiet period, the Dutch, French, German and Slovak central bank chiefs all said the Governing Council's decision was still open. France's Francois Villeroy de Galhau hinted that a fresh rate hike could still come at a later date and argued that the slowdown is not a recession and that the ECB needed to persevere in its fight with inflation. Slovakia's Peter Kazimir, an outspoken policy hawk, was more explicit, arguing that another hike was still needed to tame inflation. He said the ECB could delay a rate rise to one of its autumn meetings or pull the trigger next week. "It would be wrong to bet on a rapid decrease in interest rates after the peak," Nagel told German business daily Handelsblatt.

Persons: Nagel, France's Francois Villeroy de Galhau, Peter Kazimir, Kazimir, Klaas Knot, Bundesbank, Joachim Nagel, " Nagel, Robert Holzmann, Mario Centeno, Akanksha Khushi, Catherine Evans Organizations: Central Bank, ECB, Bloomberg, Reuters Global Markets, Thomson Locations: FRANKFURT, PARIS, Slovak

☆ New EU sustainability reporting rules are a challenge, says Puma
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +1 min

[1/2] The logo of German sports goods firm Puma is seen at the entrance of one of its stores in Vienna, Austria, March 18, 2016. REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsCompanies Puma SE FollowLONDON, Sept 6 (Reuters) - Meeting new European Union requirements for corporate reporting on sustainability is a challenge, sportswear brand Puma's (PUMG.DE) head of sustainability said on Wednesday, ahead of what he called an "avalanche" of regulation in the bloc. "We are nowhere near being able to fulfil the requirements of CSRD," Stefan Seidel said on a panel at the Reuters IMPACT conference in London, referring to the EU's Corporate Sustainability Reporting Directive. Seidel said this was despite Puma reporting on sustainability for 20 years. Companies will have to comply with the directive - which requires them to analyse environmental risks, set targets, and get sustainability reports externally audited - in the 2024 financial year for reports published in 2025.

Persons: Leonhard Foeger, Stefan Seidel, Seidel, Puma, Helen Reid, Louise Heavens, Jan Harvey Organizations: Puma, REUTERS, Union, Reuters IMPACT, Companies, Thomson Locations: Vienna, Austria, London

BUCHAREST, Romania (AP) — A two-day summit in Romania began on Wednesday that brings together 12 European Union member states situated between the Baltic, Black and Adriatic Seas, as the grouping of mostly formerly communist countries aim to boost ties and connectivity amid Russia’s war in Ukraine. The Three Seas Initiative, which is being held in the capital, Bucharest, brings together high-ranking officials from EU countries as well as representatives from partner countries and aims to improve interconnectivity in the transportation, energy, and the digital fields. Romanian Foreign Minister Luminita Odobescu tweeted Wednesday that she had “excellent discussions” with the U.S. assistant secretary of state for energy resources, Geoffrey Pyatt, about joint projects that aim to bolster regional energy security. On the sidelines of the event, Moldovan President Maia Sandu met Wednesday with Romanian Prime Minister Marcel Ciolacu. ___Stephen McGrath reported from Sighisoara, Romania.

Persons: Klaus Iohannis, isn’t, Luminita Odobescu, Geoffrey Pyatt, Odobescu, Iohannis, Maia Sandu, Marcel Ciolacu, Sandu, “, John Kerry, ___ Stephen McGrath Organizations: Union, Seas Initiative, U.S, EU, Romanian Locations: BUCHAREST, Romania, Black, Adriatic, Ukraine, Bucharest, Bulgaria, Hungary, Poland, Slovakia, Slovenia, Austria, Estonia, Croatia, Czech Republic, Latvia, Lithuania, Romanian, Moldova, Greece, Moldovan, Sighisoara

☆ Christie’s cancels auction of jewelry linked to Nazi-era fortune
▼ + stars: | 2023-09-05 | by ( Christy Choi | ) edition.cnn.com time to read: +3 min

CNN —The sale of over 400 pieces of jewelry once owned by late art collector Heidi Horten broke records at a series of auctions earlier this year. But amid ongoing criticism from Jewish advocacy groups and human rights organizations over the source of the Austrian billionaire’s wealth, Christie’s auction house announced Thursday that it has canceled the final part of the controversial sale. (Christie’s had initially predicted that Horten’s entire collection, featuring over 700 jewels, would sell for over $150 million.) Prior to May’s sales, the American Jewish Committee had called for the auction to be put on hold until “a serious effort” was made to investigate the Hortens’ wealth. The Heidi Horten Collection did not respond to CNN’s request for comment.

Persons: Heidi Horten, Helmut, ” Christie’s, ”, ” Anthea Peers, Christie’s, Van, Helmut Horten, Forbes Organizations: CNN, American Jewish Committee, Twitter, Washington D.C, ” Locations: Austrian, Nazi Germany, German, Europe, East, Africa, Geneva, Switzerland, Nazi, Washington, Vienna, Austria

☆ German tourist accused of damaging 16th-century statue in Florence
▼ + stars: | 2023-09-05 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +2 min

CNN —A 22-year-old German man has been detained in Florence accused of damaging a statue in the 16th-century Fountain of Neptune in the Piazza della Signoria, city authorities said in a statement. The city estimates the damage to the statue is around €5,000 ($5,400). The fountain features a statue of the Roman sea god Neptune atop a shell-shaped carriage pulled by horses. The mayor of Florence tweeted a photo of the 22-year-old German tourist, whose face was blurred, posing on the 16th-century Fountain of Neptune in Piazza della Signoria in Florence. In August, German tourists were accused of spray-painting soccer graffiti on a wall of the historic Vasari Corridor nearby.

Persons: Neptune, Florence Mayor Dario Nardella, Francesco Bellini, Cosimo I de Medici, Duke of Florence, Francesco, Duchess Joanna of Austria Organizations: CNN, Florence Locations: Florence, Piazza della, Vasari

Deputy Prime Minister of Russia Alexander Novak arrives for an OPEC meeting in Vienna, Austria, June 4, 2023. Russia, the world's second largest oil exporter, has been cutting output and exports in tandem with Saudi Arabia on top of existing OPEC+ supply reductions. Novak, Russian President Vladimir Putin's point man on oil, first mentioned a new deal on oil export cuts last week without disclosing parameters. Russia had said it would voluntarily cut oil exports by 500,000 barrels per day, or around 5% of its output, in August and by 300,000 bpd in September. Russia is also reducing its oil production by 500,000 bpd until the end of 2024.

Persons: Alexander Novak, Leonhard Foeger, Novak, Vladimir Putin's, Vladimir Soldatkin, Oksana Kobzeva, Mark Trevelyan, Kevin Liffey Organizations: REUTERS, Rights, Brent, OPEC, Thomson Locations: Vienna, Austria, Russia, Saudi Arabia

STOCKHOLM (AP) — Two executives of a Swedish oil exploration and production company went on trial Tuesday in Stockholm for securing the company's operations in Sudan through their alleged complicity in war crimes in 20 years ago. The two executives are accused of involvement in the Sudanese government's military campaign to clear an area in southern Sudan for oil production. South Sudan gained independence from Sudan in 2011 to become the world’s youngest nation. They also want 1.4 billion kronor ($127 million) confiscated from Lundin Oil because of economic benefits that were achieved from the alleged crimes. In Sweden, the maximum penalty for complicity in war crimes is a life prison sentence, which generally means a minimum of 20 to 25 years.

Persons: Ian Lundin, Alex Schneiter, Omar al, Bashir, Lundin, ”, Schneiter “ Organizations: STOCKHOLM, Sudanese, Court, Petronas Carigali Overseas, Sudapet Ltd, Lundin Oil, Prosecutors Locations: Stockholm, Sudan, Darfur, OMV, Austria, Sudanese, Swedish, Lundin, Sweden

Learn moreWe can help you find everything you need to watch a free F1 live stream of the Italian Monza GP today. So take a look at the guide below for everything you need to watch the Italian F1 live stream for free from anywhere. Where to Watch a free Italian Monza F1 live streamThis weekend's simplest option for a free F1 live stream is using a VPN to tune into one of the free European streams mentioned above. How to watch the Italian Monza F1 live stream with a VPNSign up for a VPN if you don't have one. Turn it on and set it to a country with a free live stream.

Persons: Ferrari, Carlo Sainz, Leclerc, There's, We've, ExpressVPN Organizations: Italian Monza, BBC, Monza, RTL, US ESPN, ESPN Locations: Italian, Austria, Belgium, Luxembourg, TV's

☆ Ex-manager at Russian car dealer gets 8-1/2 years for sending money abroad
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +1 min

MOSCOW, Sept 1 (Reuters) - A former senior manager at the Russian car dealership Rolf was sentenced on Friday to 8-1/2 years in prison for participating in a deal considered to constitute an illegal transfer of funds abroad, a Moscow court said. Anatoly Kairo, Rolf's director of business development, was found to have sent large sums abroad using forged documents as part of an organised group, the Cheremushki district court said. Russian media said Kairo, who was taken into custody in the courtroom on Friday, was a Ukrainian citizen. In 2021, Rolf, at that time Russia's largest car dealership, was bought by its rival Klyuchavto. Reporting by Gleb Stolyarov Editing by Kevin Liffey and Peter GraffOur Standards: The Thomson Reuters Trust Principles.

Persons: Rolf, Anatoly Kairo, Sergei Petrov, Petrov, Kairo, Gleb Stolyarov, Kevin Liffey, Peter Graff Organizations: Russian Investigative, Austrian, Thomson Locations: MOSCOW, Russian, Moscow, Cheremushki, Russia, Cypriot, Austrian, Austria, Ukrainian

☆ Russia says it won't let foreign banks leave easily
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +1 min

Russian Deputy Finance Minister Alexei Moiseev attends a session of the annual international military-technical forum "ARMY" at Patriot Expocentre in Moscow Region, Russia August 22, 2018. REUTERS/Maxim Shemetov/File photo Acquire Licensing RightsMOSCOW, Sept 1 (Reuters) - Russian Deputy Finance Minister Alexei Moiseev said on Friday that the government would not allow foreign banks to leave Russia easily. "We have stated our position and it stands - we will be tough in letting foreign banks go, it will depend on the decision to unfreeze Russian assets," Moiseev said, speaking at a forum. Responding to questions about applications to sell assets, Moiseev said Austria's Raiffeisen Bank (RBIV.VI) had not made such a request. "I am aware of one foreign bank's application to sell assets ... which is under consideration by the government commission," he said.

Persons: Alexei Moiseev, Maxim, Moiseev, Austria's, Elena Fabrichnaya, Felix Light, Bobrova, Hugh Lawson, Kevin Liffey Organizations: REUTERS, Rights, Austria's Raiffeisen Bank, Thomson Locations: Moscow Region, Russia, Ukraine, Western, Russian

HAVANA, Sept 1 (Reuters) - Representatives of 14 western creditor nations, grouped in the Paris Club, were in Cuba this week to salvage a debt agreement with the import dependent country which is expected to default on payments for a fourth consecutive year. William Roos, co-chairman of the Paris Club, had said on Wednesday that he proposed a plan which apparently was rejected. The 2015 Paris Club agreement forgave $8.5 billion of the $11.1 billion in sovereign debt Cuba defaulted on in 1986. Cuba, which last reported foreign debt of $19.7 billion for 2020, has restructured debt with Russia, China and some other creditors since then. The Cuba group of the 22-member Paris Club, which manages old sovereign debt, comprises Australia, Austria, Belgium, Canada, Denmark, Finland, France, Britain, Italy, Japan, the Netherlands, Spain, Sweden and Switzerland.

Persons: ”, William Roos, Ricardo Cabrisas, Cabrisas, Marc Frank, Kirsten Donovan Organizations: Paris Club, Investment, Cooperation, Communist, Gross, Reuters, International Monetary Fund, World Bank, Thomson Locations: HAVANA, Cuba, Paris, Russia, China, Caribbean, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Britain, Italy, Japan, Netherlands, Spain, Sweden, Switzerland

☆ Why Are So Many Players Getting Sick at the U.S. Open?
▼ + stars: | 2023-09-01 | by ( Jesus Jiménez | More About Jesus Jiménez | ) www.nytimes.com time to read: +1 min

Early in the second set of her second-round match on Thursday night, a ball bounced just past Ons Jabeur’s reach, and she lost the point, throwing her arms up in exasperation. 5 seed, would probably have reached the ball in time to return it down the line, but she has been playing while sick. Jabeur, who reached the U.S. Open final last year, is among several players who have had to contend with an illness of some sort at this year’s tournament. Dominic Thiem of Austria retired in the second set of his second-round match, doubled over at the net with what appeared to be a stomach-related issue. Tennys Sandgren, who failed to advance out of the qualifiers, wrote on X, formerly known as Twitter, that he became ill after returning home from the tournament.

Persons: Jabeur, Dominic Thiem, Austria, Emil Ruusuvuori, Tennys Sandgren Organizations: U.S

☆ Stubborn euro zone inflation fails to settle ECB rate debate
▼ + stars: | 2023-08-31 | by ( Balazs Koranyi | ) www.reuters.com time to read: +4 min

The ECB has raised rates at its fastest pace on record in the past year, taking them to a more than two-decade high. "We still do not expect the Governing Council to raise key rates further at its September meeting." "The latest inflation figures raise the probability of a new increase in interest rates in September," Diego Iscaro at S&P Global Market Intelligence said. "However, this is far from a done deal, and a rapidly deteriorating economic background will still give doves in the ECB's Governing Council plenty of ammunition to argue for a pause." "This decline could counteract our efforts to bring inflation back to target in a timely manner."

Persons: Eric Gaillard, Robert Holzmann, Holzmann, Christoph Weil, Diego Iscaro, Isabel Schnabel, Schnabel, Balazs Koranyi, Catherine Evans Organizations: REUTERS, Rights, Central Bank, ECB, Reuters Global Markets, P Global Market Intelligence, Thomson Locations: Nice, France, Austria's, ECB's, Frankfurt

Search resuls for: "Austria"

25 mentions found