From Prosperity to Bankruptcy: The Downfall of Steward Health
Steward Health Care System Files for Bankruptcy Amid Financial Challenges
Steward Health Care System LLC has officially filed for bankruptcy, marking a significant development after facing mounting financial difficulties and government scrutiny over the impact of its hospital closures on patients.
Financial Rescue Efforts
The Dallas-based company is currently in the process of securing a rescue loan with its landlord, Medical Properties Trust Inc. The Chapter 11 filing in the Southern District Court of Texas revealed assets and liabilities ranging from $1 billion to $10 billion.
Despite the bankruptcy filing, Steward Health will continue its operations as it works towards gaining approval for a restructuring plan. With over 30 hospitals spread across eight states and a workforce of approximately 30,000 employees, Steward is recognized as the largest private for-profit hospital chain in the United States.
Challenges and Responses
This year, Steward Health faced a liquidity crisis, leading to difficulties in vendor payments and operational management. In response, the company made
Read the full story:
From Prosperity to Bankruptcy: The Downfall of Steward Health
5 airports simultaneously charge non-stop fees from today (May 5)
According to Airports Corporation of Vietnam (ACV), from today (May 5) it will officially and simultaneously deploy non-stop automatic toll collection (ETC) at 5 airports including: Noi Bai, Cat Bi , Phu Bai, Da Nang and Tan Son Nhat.
Accordingly, vehicle owners who have an ETC account for use on national highways and expressways can travel through the airport’s toll lanes without
Read the full story:
https://www.worldysnews.com/5-airports-simultaneously-charge-non-stop-fees-from-today-may-5/
You’ll love the Pasta Monte Carlo: it’s so creamy that everyone will want to eat it
#Youll #love #Pasta #Monte #Carlo #creamy #eat
Tomato sauce prepared in a pan (Archive image – Source Adobe Stock) – Laterradelgusto.it
A rich and tasty first course, perfect for special occasions: here is the recipe and preparation of Monte Carlo pasta.
The Monte Carlo pasta it is a dish with an enveloping flavor and a creamy consistency that conquers the palate of anyone who tastes it.
And first red with an intense flavour, perfect for family Sundays and special occasions. There recipe includes a minced meat ragout, enriched with fresh cream and Genoese pesto, which envelops the pasta in an irresistible embrace.
If you are looking for a dining experience that will make you “slipper” with joy, then this first course it’s just the thing for you! So let’s discover all the secrets together Monte Carlo pasta recipe.
Pasta Monte Carlo: the recipe
The Monte Carlo pasta it is an easy dish to prepare, even for those who are not familiar with cooking. Follow ours step by step re
Read the full story:
You’ll love the Pasta Monte Carlo: it’s so creamy that everyone will want to eat it
RELATIONS WITH DONORS
On the right track. This is the little that can be said about the negotiations of the Malagasy authorities with the International Monetary Fund, IMF. Optimism shared yesterday evening at the meeting room of the Ministry of Economy and Finance in Antaninarenina.
Not very talkative about the content of the discussions, Frédéric Lambert, head of mission of the IMF, nevertheless revealed a calendar deadline. “We hope to reach an Agreement by the end of June.”
But what Agreement is this? Rindra Hasimbelo Rabarinirinarison, Minister of Economy and Finance, provides clear and unequivocal details. “The governme
Read the full story:
The Ibex recover 10,900 points led by Indra and Grifols
European stock markets started the week higher, supported by the lull in debt and oil following Friday’s US jobs data and influenced by the UK holidays. The Ibex, after losing 2.7% last week, rebounded by 0.58% to 10,917.50 points led by Indra and Grifols.
The week began conditioned by the holidays in one of the main centers of activity in Europe, the London Stock Exchange, and with eyes still focused on the effects that the employment data of United States of America published last Friday. The notable slowdown in job creation, including a rise in the unemployment rate, has raised new fears of an economic slowdown. But at the same time it cooled interest rates on debt and once again raised options for an imminent interest rate cut.
The debt market, the most sensitive to monetary policies, is retreating from the possibility of a softer stance from the Fed. interest on the debt corrected compared to the highs of the last six months. The required yield for the 10-year American bond is moderate at around 4.50%, just as in Europe the interest rate on the German bund is less than 2.50%, compared to around 3.25% for the Spanish bond.
Investors in the debt market did not overlook the sharp correction that resulted in the price of Petrolium, a major source of inflationary tension. Fears of an economic slowdown in the US caused the price of a barrel of Brent to deflate to 83 dollars, a level which consolidated in today’s session. The West Texas type barrel, the reference one in the USA, stands at 78
Read the full story:
Oil Prices Update for May 7, 2024: Check Gasoline, Diesel, and Gasohol Prices from Major Gas Stations
Oil prices updated tomorrow, 7 May 2024. Check oil prices. Latest “Gasoline-Diesel-Gasohol” from 3 major gas stations here
Office of Energy Policy and Planning Ministry of Energy Oil prices updated on May 7, 2024. Check gasoline, gasohol, and diesel prices from “PTT-Bangchak-Shell-PT” here.
“OR” oil price will be as follows.
- Diesel price 30.94 baht/litre
- Gasohol E85 is 37.49 baht per liter.
- Gasohol E20 is at 37.74 baht per litre.
- Gasohol 91 is at 39.28 baht per litre.
- Gasohol 95 is at 39.85 baht per litre.
- Gasoline is at 47.74 baht per liter.
- Super Power Diesel B7 price 42.94 baht/litre
- Super Power Gasohol 95 is at 48.04 baht per litre.
Bangchak oil price will be as follows:
- Price of High Premium Diesel S 45.14 baht / liter
- Hi Diesel S price 30.94 baht/litre
- High Premium 97 Gasohol 95++ price 49.84 baht/litre
- Gasohol E85 S EVO price 37.49 baht/litre
- Gasohol E20 S EVO Price 37.74 baht/litre
- Gasohol 91 S EVO Price 39.28 baht/litre
- Gasohol 95 S EVO price 39.85 baht/litre
The price of “Shell” oil will be as follows:
- Gasohol Safe Fuel E20 : 39.24
Read the full story:
Lufthansa earns 3x as much per passenger with Swiss – News
Contents
Lufthansa boss Carsten Spohr is one of the most powerful German managers. His cash cow is Switzerland.
The most important subsidiary of the Lufthansa Group is called Swiss. It contributes around 30 percent to group sales. It also brings in so much money because the ticket prices are comparatively high.
While Lufthansa earns around 14 euros per passenger on its own brand tickets, the Swiss airline earns the equivalent of 41 euros. Its other subsidiaries Eurowings, Austrian and Brussels are even less lucrative than its own brand Lufthansa.
Swiss focuses on the most profitable markets in the world.
In the SRF interview, Lufthansa CEO Carsten Spohr said: “With its long-haul aircraft, Swiss focuses very much on the most profitable markets in the world.” In Frankfurt we fly a “significantly larger portfolio”. This is also necessary to secure the group’s global position.
If you were
Read the full story:
Riyadh: Saudi-Moroccan Economic Forum announces business partnerships and set of initiatives
The joint action program includes the operationalization of direct maritime transport line projects, particularly between the ports of Jeddah and Tangier Med, the creation of a joint investment fund and support for Saudi companies in the access to African and European markets, the intensification of the activities of trade delegations, exhibitions and the exchange of information on opportunities and markets, as well as the acceleration of the pace of participation of Moroccan companies in Vision 2030 projects .
This is what emerges from the Saudi-Moroccan Economic Forum, organized by the Union of Saudi Chambers, in collaboration with the General Confederation of Moroccan Enterprises (CGEM), and whose work continued on Monday in Riyadh, with the participation of more than 250 Saudi and Moroccan companies and representatives of the public and private sectors with the aim of presenting the environment and investment opportunities available in the Kingdoms of Saudi Arabia and Morocco and the role of fun
Read the full story:
Riyadh: Saudi-Moroccan Economic Forum announces business partnerships and set of initiatives
Israel: Lockout of Al Jazeera decided by the cabinet
– 2024-05-06 18:46:08
His cabinet Benjamin Netanyahu unanimously voted to shut down the activities of the Qatar Television Network, Al Jazeera, in Israel, according to a government announcement, which however did not specify when this decision will be implemented.
The cabinet vote came after Israel’s parliament passed a law allowing Israel to temporarily shut down foreign broadcasters deemed a threat to national security during the Gaza war.
Al Jazeera, a fierce critic of Israel’s military operation in Gaza, has previously accused Israel of systematically targeting its offices and staff.
In 2022, Al Jazeera correspondent Shireen Abu Akleh was killed by Israeli forces while reporting in Jenin, located in the occupied West Bank.
In January, Al Jazeera blamed Israel for the targeted killing o
Read the full story:
Israel: Lockout of Al Jazeera decided by the cabinet – 2024-05-06 18:46:08
Foreign direct investment explosion of 62% in the last three years in Greece
2024-05-06 19:42:36
From an average of $4.15 billion in the three-year period 2017-2019, it reached $6.7 billion in the three-year period 2021-2023, marking an increase of 62% as the Greek economy recorded significant growth rates.
In 2020, they had fallen to $3.2 billion, but this was due to the coronavirus pandemic that led to a halt in economic activity, with global FDI plunging 58% this year.
In 2021, FDI in Greece jumped to $6.3 billion to reach an all-time high of $8.4 billion in 2022. Last year, it fell to $5.4 billion, a level that is still higher than the years of the period 2017-2019.
According to the OECD, FDI involves the acquisition of equity capital, often through acquisitions and mergers or the creation of new production units, the reinvestment of profits and intra-business borrowing.
The total stock of XAE (FDI Inward Position) in Greece increased in 2022 to 50.8 billion dollars or 23.2% of GDP.
The increase in direct investments by Greek companies abroad was also spectacular, a development that also reflects the strengthening of the Greek econ
Read the full story:
Foreign direct investment explosion of 62% in the last three years in Greece 2024-05-06 19:42:36