Russia fires official who said China refused to supply aircraft parts

Russian aviation authorities have fired an official who said last week that China had refused to supply Russian airlines with aircraft parts in the wake of Western sanctions, the Kommersant newspaper reported on Tuesday, citing sources and the official. Valery Kudinov, an official at Russia’s Federal Air Transport Agency (Rosaviatsia) responsible for maintaining airplane airworthiness,

Peru PM warns gas sector: pay higher taxes or face nationalization

Peruvian Prime Minister Guido Bellido on Sunday said that companies which exploit natural gas in Peru will need to agree to pay higher taxes or else face nationalizations, a sharp warning to the sector from the new leftist government. Bellido told Reuters in August that the government was planning to participate more deeply in the main industries,