Russian Federation

Venezuela has not yet transferred debt payment to Russia, says deputy minister

TASS Russian News Agency | Apr 15, 2019 at 11:33 AM
  • Venezuela has not yet made another payment on its $3 bln debt to Russia that was due to be made in March, Deputy Finance Minister Sergei Storchak said on Monday.
  • Earlier Deputy Minister did not rule out problems with public debt management, though previously Venezuela never missed payments.
  • At the end of March, crisis-shaken Venezuela was expected to pay over $100 mln on its debt to Russia.

United States

Oil prices fall on mixed supply signals, concern over Russian output hike

CNBC | Apr 15, 2019 at 11:13 AM
  • Oil prices fell on Monday as investors weighed mixed signals on global supply and signs that Russia may exit coordinated production cuts by nearly two dozen nations.
  • Brent crude oil futures were down 61 cents, or nearly 1%, at $70.94 a barrel around 8:35 a.m.
  • U.S. West Texas Intermediate crude futures fell 61 cents, or 1%, $63.28 per barrel.

United States

The dollar could be a curse for America

MarketWatch | Apr 15, 2019 at 10:01 AM
  • Money managers and pensioners are smart to hedge their portfolio with dollar-denominated securities and if they can, American real estate.
  • Japan’s population and labor force are aging and shrinking.
  • And like black gold, green gold can be misused.

Spain

The future of Spain: five parties, two models

El Pais | Apr 15, 2019 at 9:45 AM
  • On April 28, Spaniards will go to the polls in a snap national election triggered by a deadlock over the 2019 budget.
  • And in a scenario of fragmentation where no one party is expected to win a large enough majority to govern on its own, the five main parties representing these models – Socialist Party (PSOE), Popular Party (PP), Podemos, Ciudadanos (Citizens) and Vox – will have to forge alliances to form a government.
  • The right supports measures that reduce workers’ rights and make firing cheaper (the PP proposes “going further with the progress on market flexibility achieved in 2012”).

India

China Blasts Pompeo’s ‘False Accusations’ for Meddling in Venezuela

Bloomberg Quint | Apr 15, 2019 at 9:28 AM
  • China said U.S. Secretary of State Michael Pompeo “recklessly slanders and deliberately provokes” after he blamed Beijing and Moscow for spreading disorder in Latin America.
  • Political turmoil engulfed the country in recent weeks after the U.S.-backed opposition leader Juan Guaido’s bid to unseat Maduro.
  • Guaido urged China to “add its voice” to those who recognize him as Venezuela’s leader in an op-ed for Bloomberg Opinion on Monday.

India

Canada’s ‘Economic Civil War’ Takes Center Stage in Alberta Vote

Bloomberg Quint | Apr 15, 2019 at 9:00 AM
  • For a guy who says one of his fondest memories as a Canadian was watching the Quebec separatist movement fail at the ballot box in 1995, Brett Wilson sure talks a lot about his own province seceding.
  • Trudeau campaigned on a grand bargain with the west: implementing a carbon tax that would make Canada a world leader in combating climate change in a bid to secure public support for a new oil pipeline.
  • United Conservative Party Leader Jason Kenney is promising to cancel Alberta’s carbon tax, challenge the constitutionality of a federal bill that revamps pipeline approvals and hold a referendum on how much the province pays into federal coffers.

India

Oil Slips as Banks, Finance Ministers Signal Economic Challenges

Bloomberg Quint | Apr 15, 2019 at 6:43 AM
  • Oil retreated in New York after its longest run of weekly gains in three years, as disappointing bank earnings revived uncertainty about the strength of the economy.
  • Futures slid 0.8 percent in New York on Monday after notching a sixth straight weekly increase on Friday.
  • Brent for June settlement declined 37 cents, or 0.5 percent, to $71.18 a barrel on the London-based ICE Futures Europe exchange.

Pakistan

Pompeo warns Cuba against supporting Maduro, vows ‘conversation’ with Russia

The Nation | Apr 15, 2019 at 6:07 AM
  • US Secretary of State Mike Pompeo kicked off Thursday’s portion of his Latin America trip with a focus on engaging multilateral institutions to apply pressure on Venezuelan President Nicolas Maduro and his government.
  • The US Treasury Department on Friday imposed new sanctions on Venezuela, targeting four companies and nine ships involved in transporting oil for the crisis-torn country.
  • Russia, China, Cuba, Bolivia, Turkey and a number of other countries have voiced their support for Maduro as the only legitimate president of Venezuela.

Pakistan

Pompeo warns Cuba against supporting Maduro, vows ‘conversation’ with Russia

The Nation | Apr 15, 2019 at 6:07 AM
  • US Secretary of State Mike Pompeo kicked off Thursday’s portion of his Latin America trip with a focus on engaging multilateral institutions to apply pressure on Venezuelan President Nicolas Maduro and his government.
  • The US Treasury Department on Friday imposed new sanctions on Venezuela, targeting four companies and nine ships involved in transporting oil for the crisis-torn country.
  • Russia, China, Cuba, Bolivia, Turkey and a number of other countries have voiced their support for Maduro as the only legitimate president of Venezuela.