Saudi Arabia and Russia, the world’s largest oil exporters, have announced additional oil production cuts. The decision aims to stabilize oil prices, which have faced high market volatility in recent times. Saudi Arabia, a prominent member of the Organization of the Petroleum Exporting Countries (OPEC), declared its extension of a voluntary oil production cut by […]
Photo credit : soontimes By: Montel Kamau Serrari Financial Analyst 13th July 2023 Karachi, Pakistan – Pakistan has successfully received the first tranche of $1.2 billion from the International Monetary Fund (IMF) as part of a $3 billion bailout package aimed at stabilizing its ailing economy. This significant development comes after the IMF’s board approved […]
Berlin, Germany – In a significant development for Sino-German economic relations, China’s Minister of Commerce, Wang Wentao, held meetings with top German business leaders to discuss the two countries’ trade cooperation and address concerns regarding the concept of “decoupling” from China. Wang emphasized China’s commitment to improving the domestic business environment for all international enterprises, […]
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After the dramatic collapse of CBEX—a trading platform that left thousands of Kenyans unable to withdraw their funds—the Capital Markets...