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Funds

Argentina, Brazil seek 12.5 billion euros of financial aid in EU-Mercosur talks

European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo Acquire Licensing RightsMADRID/BRASILIA, Oct 20 (Reuters) - Argentina and Brazil are requesting 12.5 billion euros ($13.2 billion) in financial aid from the European Union in talks to conclude a trade agreement with South America's Mercosur bloc, according to a document seen by Reuters.Three EU and South American diplomats confirmed the Argentine request, which is backed by Brazil, in the rotating presidency of the four-nation Mercosur.Argentina and Brazil have also pushed to exclude...
Investing

Spain government upbeat about auto sector investment after Euro 7 deal

Spain's new Minister of Industry Hector Gomez Hernandez walks outside Moncloa Palace in Madrid, Spain, March 28, 2023. REUTERS/Isabel Infantes/File Photo Acquire Licensing RightsMADRID, Oct 19 (Reuters) - Spain is optimistic about the prospects of attracting new investment into its automotive sector following the so-called Euro 7 agreement, which watered down proposed rules on pollutant emissions rules for new cars in Europe, Trade Minister Hector Gomez told Reuters on Thursday.EU ministers last month approved the rules under Spain's rotating presidency of the European Council, a position which Gomez said was...
Cryptocurrency

US sanctions seek to disrupt Hamas’ revenue, US Treasury says

A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023.  REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsWASHINGTON/LONDON, Oct 18 (Reuters) - The United States issued sanctions on Wednesday aimed at disrupting funding for the Hamas militant group after its deadly attack in Israel, singling out people involved in its investment portfolio and a Gaza-based cryptocurrency exchange among other targets.The sanctions, announced as President Joe Biden visited Israel in a show of support, targeted nine individuals and one entity in...
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