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Iran to Make Life Worse for Gulf Rivals Tormented by Oil Slump
©2016 Bloomberg News O13WTI6JIJUO (Bloomberg) — As Iran emerges from a decade of international sanctions, its Gulf Arab rivals are facing their toughest economic predicament since the global financial crisis. Governments across the six-nation Gulf Cooperation Council are taking unprecedented measures to counter the slump in oil prices, curtailing some
Brazil to Pay Companies to Cut Worker Hours in Bid to Save Jobs
©2015 Bloomberg News NR3BA56JIJUY (Bloomberg) — Brazil’s government will pay companies to reduce worker hours to save jobs as the country faces its worst recession in 25 years, Secretary General Miguel Rossetto said Monday. President Dilma Rousseff will send a decree to Congress to use a government fund to pay
