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South African Airways has reached a deal with labor unions to end a strike by airline workers after the unions reportedly agreed to accept a pay increase that the company offered before the strike began, fin24 reported Nov. 22.
Chilean President Sebastian Pinera struck a deal with opposition lawmakers on Nov. 21 to increase pension minimums by 50 percent over the next three years, lower public transport costs for retirees and cut medicine prices, Bloomberg has reported.
South African authorities have arrested former African National Congress legislator and State Security Minister Bongani Bongo on bribery accusations involving state-owned power monopoly Eskom, News24 reported Nov. 21.
Jean Boustani, the architect of a $2 billion financial scandal in Mozambique, reportedly told a U.S. court on Nov. 20 that President Filipe Nyusi received $1 million during his 2014 campaign effort, Voice of America has reported.
Afghan government troops have captured hundreds of fighters from the Khorasan chapter of the Islamic State in its stronghold in the eastern Nangarhar province, according to Afghan President Ashraf Ghani, Reuters reported Nov. 19.
The European Commission has warned that eight eurozone member states, including France and Italy, are at risk of non-compliance with the bloc's deficit rules in their proposed 2020 budgets, Bloomberg reported Nov. 20.
The incoming Argentine government is working on an economic plan and debt repayment scheme to meet its credit obligations but avoid additional austerity measures, President-elect Alberto Fernandez told the International Monetary Fund's managing director, Kristalina Georgieva, during a phone conversation on Nov. 19, Infobae reported.
Ecuadorian President Lenin Moreno has pledged to present a new bill to Congress to secure an additional $700 million in government revenue mostly through corporate tax hikes to comply with the International Monetary Fund's loan obligations, Bloomberg reported Nov. 18.
Saudi Arabian Oil Co. is targeting a valuation between $1.6 trillion and $1.7 trillion for its initial public offering and a price of 30-32 Saudi riyals ($8-8.50) per share, the company announced Nov. 17, Bloomberg reported.
Argentine President-elect Alberto Fernandez has vowed to reevaluate the government budget of his predecessor, Mauricio Macri, and said that Buenos Aires wouldn't implement austerity measures to meet debt obligations, Bloomberg reported Nov. 16.