The seizure of YPF may not be the end of it. Argentine President Cristina Fernandez could easily embark on an overhaul of the entire energy sector. Even so, the country&rsquo;s vast shale reserves are too important in the global scheme of things. The nationalisation is bad, but Big Oil can&rsquo;t afford to shun Argentina.

Oil majors can't afford to shun Argentina

Business Standard

Venezuela&rsquo;s more optimistic creditors got it wrong. Before Sunday&rsquo;s election, they seemed to think Hugo Chavez would lose. Instead, the president&rsquo;s easy re-election win gives him six more years to take over industries like mining and food and squeeze the oil sector further. Bondholders can expect the Chavez discount to return.

Chavezuela

Get ready for the world&rsquo;s largest airline to take off this week. But don&rsquo;t look north or east &mdash; the globe&rsquo;s most valuable carrier is set to be South American. Chile&rsquo;s LAN Airlines is on track to finally consummate its marriage to Brazilian rival TAM this Friday, almost two years after announcing the tie-up. But the promise of greater regional integration has fuelled big expectations that economic headwinds will make difficult to meet.

Fasten your seatbelts

Uruguay&rsquo;s bid to legalise marijuana sales would make the small South American country the first state directly involved in the weed business. The United States won&rsquo;t like the idea. But the plan offers glimmers of a market-based solution to the drug violence ravaging Latin America.

Plan to inhale

Latin America can count on the masses for the next phase of growth. Though epitomized by a handful of people like the world&rsquo;s richest man, Carlos Slim, and showy political leaders spearheading the region&rsquo;s commodity-led export economies, a burgeoning middle class will make its mark in 2013 powering Latin America&rsquo;s future.

Atencion shoppers

Brazil&rsquo;s stock exchange has more staying power than the country&rsquo;s flagging economy. BM&amp;FBovespa has been hit by delistings and a dearth of IPOs this year. Rival exchanges may soon arrive, too. But Bovespa has a lock on other business while expanding elsewhere.

Buck up

A merger with TikTok may give Perplexity access to a vast user base and a wealth of data that would feed its AI-driven search engine

TikTok

Donald Trump arrived in Washington Saturday evening to celebrate with family, supporters and political allies ahead of his second inauguration, a triumphant return for the Republican four years after he departed the city under the shadow of an attack by his supporters on the Capitol.
Trump's celebration of his return to power was set to get underway on Saturday evening with a fireworks showcase at his Trump National Golf Club in Sterling, Virginia, about 30 miles outside Washington.
He arrived in Washington as organisers of Monday's Inauguration Day ceremony were scrambling to move inside most of the outdoor events, including the swearing-in of president and vice president that traditionally takes place on the steps of the US Capitol, due to forecasted frigid temperatures.
It will be the first time since President Ronald Reagan took the oath of office in 1985 for his second term that the ceremony will be moved inside the US Capitol.
Trump made his way from West Palm, Florida, with 

Donald Trump, Trump

Thousands of people from across the country gathered in the American Capital two days before the inauguration of Donald Trump as the 47th President of the United States on January 20.
Trump, 78, succeeds Joe Biden, 82, on Tuesday as the new occupant of the White House. A coalition of nonprofit bodies, including Sakhi for South Asian Survivors, under the banner of People's March, held the demonstration here to protest against the policies of Trump.
Displaying anti-Trump posters and banner, the protestors raised slogans against the next President and also against some of his close supporters including Tesla owner Elon Musk. The same group had also held a similar protest on January 2017, when Trump was inaugurated for the first time.
There were a series of three protests which started from three different parks and culminated near the Lincoln Memorial. Mass protest is one of the most effective ways to demonstrate to our communities that we are not obeying in advance or bowing to fascis

The Centre will hold a meeting with Punjab's protesting farmers on February 14 in Chandigarh to discuss their demands, thus ending a stalemate over the resumption of a dialogue with the agitators, who have been demanding a legal guarantee on the MSP for crops.
Following the announcement of the proposed meeting, farmer leader Jagjit Singh Dallewal, whose fast-unto-death entered the 54th day on Saturday, agreed to take medical aid.
However, he will not end his indefinite fast till a legal guarantee on the minimum support price (MSP) for crops is given, said farmer leader Sukhjit Singh Hardojhande.
The breakthrough came after a delegation of officials from the Union agriculture ministry, led by Joint Secretary Priya Ranjan, met Dallewal and held a meeting with the representatives of the Samyukta Kisan Morcha (Non-Political) and Kisan Mazdoor Morcha, which are spearheading the agitation for the last 11 months.
Following the announcement of the meeting on February 14, farmer leaders ...

Farmers Protest, Protest, Farmer Protest

He further emphasised that any violations of the agreement will not be tolerated

Benjamin Netanyahu, Benjamin, Netanyahu, Israel PM

Oyo, Flipkart and Aditya Birla Group leaders among entrepreneurs who met with Elon Musk and toured his SpaceX base

Elon Musk hosts a delegation of Indian business figures at SpaceX's Starbase facility in Texas. The gathering was led by India Global Forum (IGF) Founder Manoj Ladwa (Photo: IGF)

Elon Musk hosts a delegation of Indian business figures at SpaceX's Starbase facility in Texas. The gathering was led by India Global Forum (IGF) Founder Manoj Ladwa

Net interest income grew by 10 per cent Y-o-Y to Rs 7,196 crore, while fees and services for Q3FY25 also grew 10 per cent to 2,362 crore

Kotak Mahindra Bank

Hyundai Motor is exploring the potential to offer design, engineering and technology, while TVS Motor will explore manufacturing and marketing of the vehicles

Hyundai

Saif Ali Khan's wife and actress Kareena Kapoor Khan has informed the police that the intruder who entered their house in Mumbai got aggressive during the scuffle but did not touch jewellery kept in the open, an official said on Saturday.
The police recorded the actress's statement following the attack at the Bollywood star couple's apartment in Bandra in the early hours of Thursday, the official said.
An intruder attacked Khan (54) after entering his 12th-floor apartment in the Satguru Sharan building. The actor sustained multiple stab wounds, including on his neck, and was rushed to Lilavati Hospital, where he underwent emergency surgery.
The official said Kareena, in her statement, said the intruder got very aggressive during the scuffle with Saif, stabbing him multiple times. He, however, did not touch the jewellery kept in the open.
He said the police are yet to record Khan's statement.
After the incident, Kareena's sister, actress Karishma Kapoor, took her to her residence i

Saif Ali Khan

The Net Interest Income (NII) grew nearly 3 per cent Y-o-Y to Rs 1585 crore due to lower (Joint Liability Group) JLG funding and increased slippages causing interest reversals

RBL Bank

Qatar's prime minister on Wednesday announced a ceasefire agreement between Israel and Hamas that will pause the devastating 15-month war in Gaza and clear the way for dozens of Israeli hostages to go home.
Sheikh Mohammed bin Abdulrahman Al Thani announced the agreement in the Qatari capital of Doha, the site of weeks of painstaking negotiations. He said the deal would go into effect on Sunday.
Israel and Hamas agreed to a ceasefire deal to pause the devastating war in the Gaza Strip, multiple officials announced on Wednesday, raising the possibility of winding down the deadliest and most destructive fighting between the bitter enemies.
The deal, coming after weeks of painstaking negotiations in the Qatari capital, promises the release of dozens of hostages held by Hamas in phases, the release of hundreds of Palestinian prisoners in Israel and would allow hundreds of thousands of people displaced in Gaza to return to what remains of their homes.
It also would flood badly needed ..

Sheikh Mohammed bin Abdulrahman Al Thani, Qatar PM

The latest escalation began when Ukraine launched a barrage of ATACMS missiles, targeting Russian military and oil facilities

President Joe Biden and President-elect Donald Trump are both claiming credit for Israel and Hamas agreeing to a ceasefire deal in Gaza after the White House brought Trump's Middle East envoy into negotiations that have dragged on for months.
Trump wasted no time in asserting he was the moving force behind the deal, whose final details were still being ironed out, according to Israeli Prime Minister Benjamin Netanyahu's office.
This EPIC ceasefire agreement could have only happened as a result of our Historic Victory in November, as it signaled to the entire World that my Administration would seek Peace and negotiate deals to ensure the safety of all Americans, and our Allies, Trump wrote on social media. I am thrilled American and Israeli hostages will be returning home to be reunited with their families and loved ones.
Trump added that his incoming Mideast envoy, Steve Witkoff, would continue to work closely with Israel and our Allies to make sure Gaza NEVER again becomes a ...

Trump, Biden, Trump Biden, Biden trump

In recent weeks, China has been visibly boosting its ability to invade Taiwanese beaches with innovative new naval equipment

China Taiwan

Biden also highlighted the diplomatic effort involved, noting the pressure from Israel and US support, as well as a coalition of 20 countries that stood against attacks from the Houthis

Joe Biden, Biden

Dinesh Kumar Saraogi offers expert advisory services to optimize steel projects, enhancing profitability, efficiency, and sustainability using 43 years' experience.

Dinesh Kumar Saraogi

Prime Minister Narendra Modi's "Make in India" campaign has also got lost somewhere in the labyrinths of this bureaucratic maze

chart

Let us look at the data. We find out technically that there was a regime shift in terms of movements in the value of the rupee when it crossed 80 to the dollar in August 2022

Rupee

l The CMIE data also points to a worrying 57.1 per cent year-on-year decline in the value of government projects completed and a 40 per cent decline in that of the private sector

Budget

India's ambition to lead global manufacturing depends on tackling malnutrition and improving education. The Union Budget 2025 offers a chance to invest in these sectors, leading to sustainable growth

Raul Gallegos

Raul Gallegos

Raul Gallegos

Oil majors can't afford to shun Argentina

Chavezuela

Fasten your seatbelts

Plan to inhale

Atencion shoppers

Buck up

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AI startup Perplexity said to submit bid to merge with TikTok's US unit

Trump in Washington for inaugural celebrations; to sign 100 orders on day 1

Thousands protest in Washington DC against Trump ahead of inauguration

Centre to meet with farmers on Feb 14; Dallewal agrees to take medical aid

Can't move forward with Hamas deal until hostage list received: Netanyahu

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Musk hosts Indian bizmen, says 'open to lowering India-US trade barriers'

Kotak Mahindra Bank Q3 results: Consolidated net up 10% at Rs 4,701 crore

Hyundai ropes in TVS to rollout e-3Ws, micro four wheelers in India

Accused got aggressive, did not touch jewellery: Kareena on Saif attack

RBL Bank Q3 results: PAT drops 86% to Rs 32.63 cr amid surge in provisions