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Oct 24, 2021 11:21
Sudan has halted the entry of ships carrying fuel into its territorial waters to avoid fines that may arise from offloading delays due to tribal protests.
- Russia’s gold & foreign currency reserves rise by almost $5 BILLION in just one week
Russian foreign exchange holdings grew by 0.8% over the week ending October 15, reaching $620.3 billion, according to the latest data from the central bank. Russia holds the world’s fifth-largest forex reserves.Oct 24, 2021 09:04 - Russians stock up on foreign currency, choose US dollar over euroRussian currency exchange transactions in September increased by 30% on a yearly basis, analysts at the Russian Standard Bank state.Oct 24, 2021 10:42
- IMF slashes Asia growth forecast, warns of ‘ravaging’ Covid spread & supply-chain disruptionsThe International Monetary Fund (IMF) has lowered its 2021 growth forecast for the Asian economy to 6.5%, down by 1.1 percentage points from its April projection.Oct 24, 2021 06:16
- But first, champagne! Bubbly sales surge globally, edging close to pre-pandemic highsChampagne sales are on the rise, surging back to numbers last seen before the Covid-19 pandemic and the ensuing lockdowns sent sales plummeting, as people were banned from throwing parties.Oct 24, 2021 12:16
- But first, champagne! Bubbly sales surge globally, edging close to pre-pandemic highsChampagne sales are on the rise, surging back to numbers last seen before the Covid-19 pandemic and the ensuing lockdowns sent sales plummeting, as people were banned from throwing parties.Oct 24, 2021 12:16
- Sudan stalls entry of fuel-carrying ships into its waters to avoid fines for protest-related delays – Energy MinistrySudan has halted the entry of ships carrying fuel into its territorial waters to avoid fines that may arise from offloading delays due to tribal protests.Oct 24, 2021 11:21
- Russians stock up on foreign currency, choose US dollar over euroRussian currency exchange transactions in September increased by 30% on a yearly basis, analysts at the Russian Standard Bank state.Oct 24, 2021 10:42
- Russia’s gold & foreign currency reserves rise by almost $5 BILLION in just one weekRussian foreign exchange holdings grew by 0.8% over the week ending October 15, reaching $620.3 billion, according to the latest data from the central bank. Russia holds the world’s fifth-largest forex reserves.Oct 24, 2021 09:04
- China’s Evergrande averts default with last-minute bond payment, resumes work on 10 projectsChinese property developer Evergrande evaded default this week with a last-minute bond coupon payment, which bought the company another week to deal with its $300 billion debt crisis.Oct 24, 2021 07:34
- IMF slashes Asia growth forecast, warns of ‘ravaging’ Covid spread & supply-chain disruptionsThe International Monetary Fund (IMF) has lowered its 2021 growth forecast for the Asian economy to 6.5%, down by 1.1 percentage points from its April projection.Oct 24, 2021 06:16
- The 2021 oil price rally is far from overEven after hitting the highest levels in several years in recent days, oil prices have further room to rise this winter. At least short-term market fundamentals suggest so, analysts say.Oct 23, 2021 13:29
- Russia is ready to boost coal & gas supplies to China, but says problems with transportation remainBeijing has been in talks with Moscow on increasing fossil fuel deliveries to China. However, despite Russia’s readiness to cooperate, transportation problems may hinder the efforts, the Russian ambassador to China says.Oct 23, 2021 12:03
- Nothing to hide, nothing to fear: RT’s Keiser Report probes Bank of England warning that bitcoin could cause financial meltdownThe Bank of England has warned investors this week that bitcoin could cause a collapse of the financial system, while a recent Reuters report slammed the UK as the “bank scam capital of the world.”Oct 23, 2021 10:39
- Gold prices on the rise amid fears of worldwide inflationThe price of gold this week exceeded $1,800 per ounce, trading data shows. While global investors assess the risks of high inflation, some experts say gold prices could soon double.Oct 23, 2021 09:45
- Russia to hike wheat export duty again next weekThe export duty on Russian wheat will be increased from $61.3 to $67 per ton on October 27, the Ministry of Agriculture said. Duties on corn will also be hiked to $49.7 per ton.Oct 23, 2021 07:40
- India to become $10 TRILLION economy by 2030 – ministerEconomic growth in India is accelerating as the pandemic has led to the revival of the nation’s health sector and increased exports, Minister of Petroleum and Natural Gas of India Hardeep Singh Puri says.Oct 23, 2021 05:56
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