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IMF approval paves way for Egypt’s economic vision – PM
The IMF Executive Board's approval of the third review of Egypt's economic reform programme marks an important step…
Ethiopia IMF deal paves way for debt retractation – FinMin
Ethiopia's $3.4 billion financing agreement with the International Monetary Fund (IMF) sets the stage for the…
World central banks gold demand slows by 39% in Q2 ’24
Central banks’ gold demand dropped significantly in the second quarter of 2024, decreasing by 39 per cent to 183…
Spanish economy exceeds forecasts, record 2.9% YoY growth in Q2
The Spanish economy achieved a faster-than-expected growth rate of 2.9 per cent year-on-year in the second quarter,…
India’s c. bank adds 19 tons to gold reserves in Q2 – report
The Reserve Bank of India (RBI) has continued its aggressive gold purchasing strategy, adding another 19 tons to…
Russia to launch 1st cross-border crypto payments by end of ’24
Russia will initiate its first international cryptocurrency transactions by the end of this year, according to…
Ukraine guarantees oil transit for Slovakia
Ukraine has assured uninterrupted oil transit for companies not under sanctions and is prepared to address transit…
China set to appoint tough regulator as vice chairman
China's securities regulator is poised to elevate its head of law enforcement, Li Ming, to the position of vice…
Euro area GDP grows 0.3% in Q2
The euro area economy exceeded expectations in the second quarter, with GDP growing 0.3 per cent compared to the…
Hungary’s economy shrinks unexpectedly by 0.2% in Q2
Hungary's economy unexpectedly contracted in the second quarter, with GDP falling by 0.2 per cent from the previous…