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Andorra , Monday 12 January 2026

News Andorra Commodities: Malaysia's commodities minister to discuss resignation with PM

Published on: Wednesday 25 May 2022
Malaysia's commodities minister to discuss resignation with PM
News source: https://www.swissinfo.ch/eng/reuters/malaysia-s-commodities-minister-to-discuss-resignation-with-pm/47625098

KUALA LUMPUR (Reuters) - Malaysia's Plantation Industries and Commodities Minister Zuraida Kamaruddin said on Thursday she would meet the country's prime minister to discuss possibly stepping down from her post, one of the most important portfolios in the cabinet. Her announcement was made after she switched parties and comes two months before a political stability pact between premier Ismail Sabri Yaakob's government and the opposition expires on July 31, potentially paving the way for a national election. Polls are not due until next year but calls for an early general election have been growing - particularly within Ismail Sabri's ruling party UMNO, following a string of recent local election victories. Zuraida, formerly a member of the government-aligned Bersatu party, said in a statement she was joining Parti Bangsa Malaysia (PBM), a new party set up last year that was also supportive of the prime minister. Zuraida said she planned to meet Ismail Sabri soonest to discuss her resignation as commodities minister - a key portfolio in Malaysia, the world's second-largest producer of palm oil. I will also discuss with him about the role and direction of PBM in strengthening the... government. I have full confidence in the wisdom of the honourable Prime Minister, she said. Since 2018, Malaysia has had three prime ministers and seen the collapse of two governments, amid political turmoil. Ismail Sabri came to power last year, after UMNO pulled support from his predecessor, Bersatu leader Muhyiddin Yassin. UMNO and Bersatu work together in the federal government, but ties have been strained in the past two years with the two parties contesting against each other in local polls. The next national election is expected to be the most hotly contested yet, with both parties set to lead separate coalitions against a divided opposition and several independent parties. (Reporting by Rozanna Latiff; Editing by Ed Davies)

News Andorra Commodities: IMF Executive Board Concludes 2022 Article IV Consultation with the Principality of Andorra

Published on: Tuesday 21 June 2022
IMF Executive Board Concludes 2022 Article IV Consultation with the Principality of Andorra
News source: https://orissadiary.com/imf-executive-board-concludes-2022-article-iv-consultation-with-the-principality-of-andorra/

On June 10, 2022, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with the Principality of Andorra and endorsed the staff appraisal without a ...

News Andorra Commodities: Russian Bank VTB’s Swiss Commodities Unit Lays Off Workers

Published on: Thursday 10 March 2022
Russian Bank VTB’s Swiss Commodities Unit Lays Off Workers
News source: https://www.swissinfo.ch/eng/bloomberg/russian-bank-vtb-s-swiss-commodities-unit-lays-off-workers/47421754

(Bloomberg) -- The commodities-trading arm of Russia’s VTB Group told its staff in Switzerland that the majority of them would lose their jobs, according to people with knowledge of the matter. About 60 people are employed by VTB Commodities Trading in Zug, Switzerland. Some employees will be retained in order to liquidate any remaining assets, the people said, asking not to be identified because the information is private. VTB’s office in Zug began unwinding base-metal trading positions in recent weeks after the bank was targeted with sanctions after the invasion of Ukraine. In the U.K., Prime Minister Boris Johnson announced an asset freeze against all major Russian banks last week including VTB, which has an office in London. Representatives for VTB didn’t respond to emails seeking comment and couldn’t be reached by phone. The company has yet to announce which employees will be dismissed, the people said. VTB expanded its commodity-trading business in recent years hiring metals and oil traders as well as building out its grain-export business. By 2016, it was trading about 200,000 tons of aluminum a year, and also handled significant volumes of other industrial and precious metals. ©2022 Bloomberg L.P.

News Andorra Commodities: Parmelin raises concern over sanctions on commodities

Published on: Friday 11 March 2022
Parmelin raises concern over sanctions on commodities
News source: https://www.swissinfo.ch/eng/business/parmelin-raises-concern-over-sanctions-on-commodities/47426204

About 80% of Russia’s commodities are traded through Switzerland, making it critical to Russian exports, media reports say. Switzerland is also a major hub for Russian and Ukrainian grain and ...

News Andorra Commodities: One picture, one country, one year

Published on: Friday 31 December 2021
News source: https://www.reuters.com/news/picture/one-picture-one-country-one-year-idUSRTS44QS1

America in 2021: A selection of one image from every week this year across the United States.

News Andorra Commodities: Closing prices for crude oil, gold and other commodities

Published on: Friday 31 December 2021
News source: https://www.djournal.com/closing-prices-for-crude-oil-gold-and-other-commodities/article_cd5f8e58-a304-53c0-bd70-3a4e03693cac.html

Benchmark U.S. crude oil for February delivery fell $1.78 to $75.21 a barrel Friday. Brent crude for March delivery fell $1.75 to $77.78 per barrel. Wholesale gasoline for January delivery fell 7 ...

News Andorra Commodities: New Permanent Representative of Indonesia Presents Credentials

Published on: Wednesday 05 January 2022
News source: https://www.publicnow.com/view/9ECE14D7A0C65E317A677502B33A058332926609

The new Permanent Representative of Indonesia to the United Nations, Arrmanatha C. Nasir, presented his credentials to UN Secretary-General António Guterres today. Prior to his latest appointment, Mr.