Embracing renewables: the economic upswing of green energy ‘24
For many years, the world’s economy has been driven by fossil fuels such as coal, oil, and natural gas; however, a…
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Polish central bank records $5b loss in ’23
The National Bank of Poland (NBP) reported a loss of 20.8 billion zlotys ($5.2 billion) in 2023, a significant…
Africa’s high debt service stalls 2030 agenda progress – UN
Africa is grappling with multiple crises, including a 183 per cent debt increase since 2010, quadruple the region’s…
EGP closes high against USD on Wednesday
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Turkey’s c. bank to maintain current rates until Q4
Turkey's central bank plans to maintain its current policy rate of 50 per cent until the fourth quarter, Reuters…
Developing nations get under 10% of global climate funds – minister
Less than 10 per cent of global climate financing goes to developing countries, despite their greater need, said…
Russia pushes for open food trade – MFA
Russia is actively working to eliminate international barriers hindering its food and agricultural exports, Deputy…
Germany’s debt ratio to see marginal increase in ’24
Germany’s debt-to-GDP ratio is likely to experience a minor uptick this year, reaching 64 per cent in 2024, up from…
Egypt joins Austrian, Czech firms for Sodium Cyanide Plant
Egypt plans to establish a sodium cyanide production facility in collaboration with Petrochemical Holding Gmbh and…
STOXX 600 inches Up, tech wins over banking woes
European stock markets experienced a varied day of trading on Wednesday, with the STOXX 600 index seeing a modest…