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Why Will Dollar Likely Lose Its Status as World Currency?

The dollar will lose its status as a world reserve currency, experts of one of the largest investment banks JP Morgan Chase say, and this will happen quite soon. Why are the world’s leading financial institutions ready to sign a verdict on the dollar? World Central Banks drive the American currency out of reserves, and […]

ContourGlobal Sells Brazil Hydro-Electricitry Business for $318 Mln

By Joe Hoppe ContourGlobal PLC said Thursday that it has sold its majority-owned hydro-electric generation subsidiary in Brazil for 1.73 billion Brazilian reais ($318.1 million), netting proceeds of around $110 million. The FTSE 250 power-generation company said it sold Kani Lux Holdings S.a r.l., including the assumption of debt and other customary adjustments, to Patria […]

What Latin America’s leaders are prioritising in 2022

The political leaders of Peru, Colombia, Guatemala, Costa Rica, and Ecuador, as well as the President of the Inter-American Development Bank spoke at The Davos Agenda 2022 on their goals for this upcoming year. The focus for Latin America is to increase vaccination rates against COVID-19, pursue swift economic recovery and integrate climate action in […]

Taco Bell launching a business school for prospective franchisees

Taco Bell announced Wednesday that it will launch the Taco Bell Business School to teach prospective franchisees. Created in partnership with the University of Louisville, the franchisee training program will be a six-week boot camp with courses on financing, human resources, marketing, and other aspects of running a franchise business. Existing franchisees will also share […]

New York AG seeks to compel Trumps’ testimony in business probe

“No one in this country can pick and choose if and how the law applies to them,” James tweeted, adding that the three Trumps “have all been closely involved” in some Trump Organization transactions that, according to the attorney general, “used fraudulent and misleading asset valuations on multiple properties to obtain economic benefits, including loans, […]