BoE’s Haskel: Tighter job market threatens inflation target
More flexibility in Britain’s labour market is necessary to ensure inflation remains at 2 per cent, Jonathan…
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Tuesday’s trading closes with EGP high against USD
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Germany’s Scholz pushes for united EU banking
German Chancellor Olaf Scholz advocated on Tuesday for the completion of a European banking union, emphasising it…
Wind energy outperforms fossil fuels in UK
For the first time on record, wind farms led the UK's electricity generation for two straight quarters, producing…
Swiss freeze on Russian assets dwindles to $6.36b in ’23
The Swiss authorities have reported a year-over-year decrease of 1.7 billion Swiss francs in the value of frozen…
China’s ’40 coal cutback falls short, threatens climate
China’s coal consumption, the largest in the world, will decrease by only one-third by 2040, according to a report…
Electric car sales to surge in ’24 – IEA
The International Energy Agency (IEA) released on Tuesday it's Global Electric Vehicle Outlook anticipating a…
European stocks reach week-high levels
European stocks reached their highest levels in over a week on Tuesday, driven by a 0.9 per cent surge in…
China mulls legislation to boost energy exploitation
Chinese lawmakers received a draft energy law on Tuesday that aims to boost the exploitation and utilisation of…
Greece to fast-track repayment of €5b in eurozone bailout loans
Greece is planning an early repayment of up to €5 billion ($5.34 billion) of bailout loans to eurozone countries…
AfDB 2023