Since 2019, the Angolan government has raised one billion euros through the privatization of 96 assets under the Privatization Programme (Propriv), which could be extended for another five years. The information was released this Monday by the Secretary of State for Finance and Treasury, Ottoniel dos Santos, at the end of a meeting to take stock of the...
Vale completes process of transferring assets to Vulcan Resources
Brazilian mining company Vale, has just completed the responsible transfer of the Moatize operation and the Nacala Logistics Corridor to Vulcan Resources, based on the binding asset sale agreement announced last December 21st. The completion of the shareholder transaction was subject to the fulfillment of customary conditions precedent, including...
EU countries have already frozen more than 35 billion euros in Russian assets
European Union (EU) countries have frozen €35 billion worth of assets in response to Russia's invasion of Ukraine during the first 5 1/2 weeks of the war, with France topping the list, having frozen assets and capital worth €23.5 billion. According to the...
France moves forward with freeze on some 850 ME of Russian assets
French Economy and Finance Minister Bruno Le Maire said that some 850 million euros in assets of Russian oligarchs, which include yachts, apartments and bank accounts, have already been frozen in connection with the war in Ukraine. "We have immobilized (...) 150 million euros of personal accounts, of lines of credit in France, in...
Bitcoin up 60% in 2021, but the market has gained even more
In a year in which retail investors have bet heavily on the financial markets, cryptocurrencies have once again taken center stage. The expectation of huge gains in short periods of time attracted many people and led bitcoin, the most popular, to appreciate by about 60%. According to an analysis made by the portal "Eco...