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International News
Gold gains amid financial speculations
Global gold prices increased on Tuesday with European markets reopening and anticipations of rate hikes.
Yellen to push development bank progression at Spring Meetings
US Treasury Secretary, Janet Yellen, will be hosting a roundtable discussion on Wednesday, to evolve the World Bank…
Bank of Korea keeps benchmark rate at 3.50%
Bank of Korea kept interest rates steady for the second time in a row on Tuesday, meeting previous expectations,…
Microsoft to pay over $3mln fines for violating US sanctions against Russia
Microsoft Corporation has agreed to pay over $3 million to settle a potential civil liability, for being accused of…
Oil prices move higher over dollar price concerns
Oil prices retreated on Monday following a three-weeks rise in prices, over concerns and anticipations of a new…
IMF predicts interest rates decline to pre-Covid levels
The International Monetary Fund (IMF) has suggested on Monday that advanced economies' central banks are likely to…
World Bank raises global economic growth slightly in 2023
The World Bank (WB) President David Malpass expected on Monday during spring meetings 2023 that the global growth…
BofA expects US economy to fall in Q2
Bank of America (BofA) has warned that the U.S. economy could shrank in the second quarter, after an economic data…
Saudi Arbia’s Savvy Games Group to acquire Scopely
Saudi Arabia’s Savvy Games Group entered a $4.9 billion deal to acquire Scopely, a maker of mobile games including…
Moroccan OCP group secures €100mln IFC fund
Moroccan OCP Group has been granted €100 million loan from the International Finance Corporation (IFC) to fund its…