Economy
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International Energy Agency sees ‘major’ oil supply surplus emerging by 2030
The world is likely to have a “major surplus” of oil by 2030 as production is ramped up while the…
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Ukraine plans record high power imports on Wednesday, energy ministry says
Ukraine plans to import its largest amount of power on Wednesday after Russian missile strikes significantly damaged energy infrastructure, the…
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UK police charge man who threw objects at right-wing leader Nigel Farage
British police said they had charged a 28-year old man with using threatening behavior after he hurled objects at Nigel…
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UK economy slows to a halt in April in bad timing for Sunak
Britain’s economy showed no growth in April after a strong start to 2024, caused in large part by rainy weather,…
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Egyptian inflation hits lowest in over a year as slowdown quickens
Egyptian inflation decelerated to the slowest pace in a year and a half, even after a steep currency devaluation and…
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Iraq sees progress in talks with Kurdistan on oil exports resumption
Iraq’s oil minister said there had been progress in talks held on Sunday with Kurdish regional government officials to reach…
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Europe’s ‘club med’ nations saved by tourism rebound
Derided as “Club Med” nations during the European debt crisis 15 years ago, the economies of Spain, Greece and Portugal…
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Putin urges expansion of Russian financial markets, cutting use of Western currencies
President Vladimir Putin said on Friday Russia needed to cut imports, significantly boost the use of non-Western currencies in trade…
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Guinea signs alumina refinery deal with Emirates Global Aluminum subsidiary
Guinea has signed a non-binding agreement with a subsidiary of Emirates Global Aluminum for the construction of a major alumina…
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Israeli strike on water station kills Gaza mayor
A spokesman for the Nuseirat municipality in central Gaza said Friday that the town’s mayor, Iyad al-Maghari, had been killed in…
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