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Citi and Mercuria reach settlement over Qingdao

Citi and Mercuria have reached a settlement over the metals financing fraud in Qingdao which took place in 2014. The amount is undisclosed, but Citi confirmed the news in a statement that read: “Citi and Mercuria are pleased to confirm that they have reached a commercial resolution in respect of all issues between them relating to the historic base metal

By |2018-03-05T01:22:11-05:00Dec 22, 2016|Categories: Africa, Agriculture and Commodities, Industry, International Trade, Regions|

Who Is Christine Lagarde? 6 Things To Know About The IMF Chief Found Guilty Of Negligence

International Monetary Fund Managing Director Christine Lagarde may soon lose her job. A French court found her guilty of criminal negligence charges Monday, based on her preferential treatment of a businessman in 2008, when she was serving as France’s finance minister, Reuters reported. The court did not, however, hand Lagarde any sentence, with the main judge on the case noting

By |2018-03-30T11:23:14-04:00Dec 19, 2016|Categories: Africa, International Trade, Politics, Regions|

New War In Congo? Protests, Violence Raise Fears Of Fresh Conflict In Sub-Saharan Africa’s Largest Country

Demonstrations erupted Monday in cities across the Democratic Republic of Congo as authorities attempted to contain public resistance toward President Joseph Kabila's refusal to step down from office after his term expires at midnight. Security forces reportedly responded by deploying in large numbers, arresting scores of activists and suspending the country's internet service. Protests struck the eastern city of Guma and

By |2018-03-30T12:08:05-04:00Dec 19, 2016|Categories: Africa, Agriculture and Commodities, Industry, International Trade, Regions, Terrorism|

Climate Change: Arctic Report Card Shows Global Air Conditioner Is Failing

The Arctic got its report card Tuesday and it looks like someone is due for detention. It showed the Arctic is in failing health with temperatures at their highest since recordkeeping started more than a century ago, leading to a decline in snowpack and sea ice, ocean acidification and other environmental ills. “What happens in the Arctic doesn’t stay

By |2018-04-01T06:19:30-04:00Dec 13, 2016|Categories: Africa, Climate Change, Europe, International Trade, North America, Politics, Regions|
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