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Search Result for “Government Pension Fund”

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WORLD

Macron sticks with PM after pensions crisis, riots

AFP, Published on 18/07/2023

» PARIS: French President Emmanuel Macron is keeping his prime minister in place, his staff has said, ending weeks of speculation about a possible reset after successive crises shaking his government.

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BUSINESS

UK water crisis pollutes privatisation legacy

AFP, Published on 11/07/2023

» LONDON: Britain's biggest water supplier staving off renationalisation, trains derailed by strikes and consumers suffering huge energy bills — the nation's vital sectors are mired in chaos decades after their controversial privatisation.

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WORLD

Brazil's Lula gets to work vowing clean break with Bolsonaro

AFP, Published on 06/01/2023

» BRASíLIA - President Luiz Inacio Lula da Silva held his first cabinet meeting Friday, vowing to work with Congress and run a government of traditional technocrats to "rebuild" Brazil after the "authoritarianism" of predecessor Jair Bolsonaro.

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WORLD

Italy's new PM Meloni sets out programme to parliament

AFP, Published on 25/10/2022

» ROME - Giorgia Meloni will address Italy's parliament for the first time as prime minister on Tuesday, setting out her plan for government one month after her far-right party's historic election victory.

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WORLD

UK's Truss admits tax cuts misstep at start of tense Tory conference

AFP, Published on 02/10/2022

» BIRMINGHAM (UNITED KINGDOM) - UK Prime Minister Liz Truss on Sunday conceded she should have better prepared Britain for her recent debt-driven mini-budget, which slashed taxes and sparked market turmoil, as her restive ruling Tories kick off their annual conference.

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WORLD

Algeria's poor fret over plan to slash subsidies on basic goods

AFP, Published on 24/11/2021

» ALGIERS - Algeria plans to scrap its generous state subsidies on basic goods that have long helped maintain social peace but strained state budgets as energy revenues have fallen.

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BUSINESS

Struggles facing China's Evergrande not panicking markets - yet

AFP, Published on 15/09/2021

» NEW YORK: Debt-crippled Chinese real estate giant Evergrande's troubles are being watched closely by foreign investors, but markets do not seem to fear a major contagion, at least so far. With a debt load of $300 billion, the threat of bankruptcy is real, especially as Evergrande hinted on Tuesday that it may not be able to pay its creditors.

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WORLD

Airport echoes with sobs and farewells in Hong Kong exodus

AFP, Published on 23/07/2021

» HONG KONG: Twice a day Hong Kong's virtually deserted airport fills with the sound of tearful goodbyes as residents fearful for their future under China's increasingly authoritarian rule start a new life overseas, mostly in Britain.

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WORLD

Norwegian pension fund sells off groups linked to Israeli settlements

AFP, Published on 05/07/2021

» OSLO - Norway's largest pension fund announced Monday it had divested assets in 16 companies for their links to Israeli settlements in the West Bank, including telecom equipment giant Motorola.

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WORLD

Boom or bust as Spain, Italy get biggest slice of EU fund

AFP, Published on 25/06/2021

» MADRID : Spain and Italy will receive the lion's share of the 750-billion-euro EU rescue fund but opinions vary over whether it will help their economies roar back to life or go to waste.