Tag: COVID-19

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Global economy seen facing a challenging year -Eurochambres

The international business community expects a challenging 2023 marked by geopolitical tensions, high inflation and the energy crisis, according to the Eurochambres global economic...

Oil prices set for second week of gains on brighter China outlook

Oil prices were set to post a second straight weekly gain on Friday, spurred largely by brightening economic prospects for China which should boost...

China’s COVID reopening set to push 2023 oil demand to new high, IEA says

The lifting of COVID-19 restrictions in China is set to boost global oil demand this year to a new record high, the International Energy...

Oil trims losses as softer dollar offsets Chinese demand fears

Oil prices pared losses after falling by over $2 earlier in the session, as a weaker dollar partially offset demand fears resulting from surging...

Oil edges up on China demand hopes; Russian uncertainty weighs

Oil futures edged slightly higher on Wednesday on hopes for improved Chinese demand while uncertainty about how a Western cap on Russian oil prices...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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