Author: Steven Sahiounie

“We’ll see,” Barkin said in an interview with broadcaster CNBC when asked about the possibility of interest rate reductions this year

“We (scientists) are very worried… because we don’t see how we can solve it ourselves,” the Spanish planetary geologist told AFP on Livingston Island in the South Shetland Antarctic archipelago

Kerry, who is stepping down as the US climate envoy, described an agreement in December in Dubai at the last UN summit as historic for its call on the planet to move away from fossil fuels in large part responsible for the planet’s rising temperatures

The chance of a hard landing in the global economy has been seen by BOJ policymakers as a key risk that could force them to delay an exit from a decades-long massive stimulus programme

Spot gold rose 1.1% to $2,064.69 per ounce Gold started March on a positive note, with prices rising to a four-week high on Friday after muted economic data hardened expectations of a U.S. interest rate cut by June. Spot gold rose 1.1% to $2,064.69 per ounce by 10:41 a.m. EST (1541 GMT), its highest since Feb. 1 and on track for a second straight weekly rise. U.S. gold futures firmed 0.8% to $2,071.40. Benchmark U.S. 10-year Treasury yields and the dollar index retreated after the data, making gold more attractive. Data showed U.S. manufacturing slumped further in February. Another set…

The debt-laden utility is struggling to keep the lights on in Africa’s most industrialised country, resulting in significant economic damage and social disruption

The moves are part of broader reforms to Nigeria’s forex market which has been grappling with chronic foreign exchange shortages

The first shipment of 2 million barrels of U.S. crude on the very large crude carrier Gem No. 1, also chartered by Vitol, was nearing Nigeria and is expected to discharge next week

Hunt on Saturday unveiled the next leg of the compact aimed at partly reversing the decades-old trend of pension funds opting for safe government bonds that typically have lower returns than more risky start-ups LONDON – Pension schemes in Britain will have to disclose by 2027 how much they invest in UK assets, the finance ministry said on Saturday, as it piles pressure on the sector to generate better returns for savers and help companies grow. Finance Minister Jeremy Hunt last July set out the Mansion House Compact, whereby 10 defined contribution (DC) pension funds, including Aegon, Legal & General…

This marks an impressive expansion in the global footprint of Saudi dates, with the number of importing countries rising to 119