economics

The Senate approved with 53 votes in favor and two against the government initiative of Cristina Fernández, which has already been backed by the Chamber of Deputies.
With the enactment of the law on Wednesday, the Argentine State recovered control of the freight and passenger rail system, privatized in the 1990s.
In fact the State has regained control over most of the country’s railway lines because of failure of the companies that controlled them to provide the services.

The United States and the Kingdom of Saudi Arabia became very uneasy when the Yemenese or Yemenite movement of the Houthi or Ansarallah (meaning the supporters of God in Arabic) gained control of Yemen’s capital, Sanaa/Sana, in September 2014. The US-supported Yemenite President Abd-Rabbuh Manṣour Al-Hadi was humiliatingly forced to share power with the Houthis and the coalition of northern Yemenese tribes that had helped them enter Sana.

The China Development Bank (CDB), one of the two banks of Chinese development, and Brazil's Petrobras today announced an agreement to open a credit line of 3,5 billion dollars for the oil company.
In a brief statement, without specifying the details of the agreement, Petrobras reported that "the parties confirmed the intention to develop a new partnership in the future."

The US Treasury Department on Tuesday excluded many people and companies linked to Cuba from its list of sanctions, as part of the process of rapprochement initiated by the United States and Cuba after half a century of isolation.
In a brief statement, the Office of Foreign Assets Control (OFAC) of the Treasury reported that from the sanctions list 6 persons, 28 companies and 11 naval vessels have been removed, including vessels operating under Cypriot flag.