Venezuela plans stock comes out in break from socialist model

CARACAS, Venezuela — Venezuela’s government is seeking private investors to pump funds into vital but crippled state-run companies, decades after seizing them in the name of socialism. The government on Monday intends to offer 5% to 10% stakes in companies ranging from telephone and internet service providers to a petrochemical producer. In another country, those … Read more

Mexico’s electricity sector ranked by doubt and legal chaos

MEXICO CITY — President Andrés Manuel López Obrador’s efforts to reshape Mexico’s electricity sector in favor of the state-owned power company have spurred hundreds of lawsuits and caused a level of uncertainty that businesspeople say is costing jobs and private investment. The level of uncertainty is such that a solar panel company had to agree … Read more

Greece gets 3.6 billion euros from European recovery fund

Greece has received a 3.6 billion euro payment out of its allotted 30.5 billion from the European Union’s pandemic recovery fund ByAssociated Press April 8, 2022, 10:38 AM • 2min read Share to FacebookShare to TwitterEmail this article ATHENS, Greece — Greece has received a 3.6 billion euro ($3.9 billion) payment out of its allotted … Read more