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On May 3, it was reported that in the first quarter of this year, the China Development Bank (CDB), based on its institutional characteristics, coordinated special resources and carried out extensive cooperation with other banks, issuing a total of RMB 28.54 billion in special relending loans to stabilize foreign trade, supporting more than 6,500 small and micro foreign trade enterprises. The weighted average interest rate of the borrowers was lower than the national average interest rate for newly issued inclusive small and micro loans during the same period, effectively helping relevant enterprises alleviate financing difficulties and high financing costs, stabilize orders, expand markets, and stabilize employment.European Central Bank Vice President Guindos said on Sunday that he will not return to Spanish politics after his term ends in May. He stated, "I have been in politics for six and a half years, and I will not return to politics, nor will I switch to banking."Boeing: EgyptAir receives its first Boeing 737 MAX aircraft.A South Korean satellite was launched into space by a SpaceX Falcon 9 rocket.On May 3, local time, Mojitaba Zarei, a member of the Iranian Parliaments National Security and Foreign Policy Committee, revealed new details of the Islamabad talks on social media. Zarei stated that the Islamabad negotiations were based on the permission of Irans Supreme Leader. In addition to obtaining permission, the content of the negotiations must also be conducted within the framework of the Supreme Leaders approval: when the US side wanted to discuss nuclear technology issues, they were informed that the Supreme Leader had prohibited the delegation from discussing technical details on this issue; from now on, decisions in this regard will be made entirely by the Supreme Leader. Furthermore, the head of the Atomic Energy Organization of Iran was prohibited from joining the negotiating team.

Mexico's Pemex Says the Fire at the Salina Cruz Refinery has been Extinguished

Aria Thomas

Apr 18, 2022 09:45

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The blaze began on Friday and quickly devoured a gasoline storage tank, sending a thick cloud of black smoke pouring from inside the refinery.


Pemex said that firemen had completed the tank's "suffocation and cooling operations."


In August, another fire broke out at the Salina Cruz facility.


According to Eikon Refinitiv data, Salina Cruz has the ability to process 330,000 barrels of crude oil per day.


In November, another fire broke out at a Pemex refinery complex in northern Mexico, but it was quickly extinguished without resulting in any casualties or production disruptions.