Japan’s JBIC seeks $2.5b loan for mine expansion
The Japan Bank for International Cooperation (JBIC) is teaming up with South Korean and German…
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European Union
Italy cancels $5.2b tariff to cover gas shortage costs
Italy's energy authority has decided to cancel plans for a tariff to fund gas stockpile maintenance after facing…
EU prepares €7.4b aid package for Egypt
The EU is preparing a €7.4bn aid package for Egypt to support its economy and address potential financial…
German shipowners press for carbon trading transparency
The German shipowners’ association VDR on Tuesday, called on the Berlin government to enact laws that would…
India reaches $100b deal with EFTA after 15 yrs
India and the European Free Trade Association (EFTA), comprising Switzerland, Norway, Iceland, and Liechtenstein,…
Russia in talks with China on yuan loan
Russia's Finance Ministry has been in discussions with Chinese counterparts about the possibility of obtaining…
China opposes EU carbon tax
China opposes the European Union’s (EU) carbon border tax, citing its unilateral imposition of additional costs on…
Asia shares pause ahead of inflation tests
Asian shares paused near seven-month highs on Monday as investors eagerly awaited inflation data from the United…
EU investment portfolio in Egypt hits €5.8 billion – official
The EU’s investment portfolio with Egypt has reached €5.8 million ($6.2 billion), said Gerassimos Thomas,…
Czech National Bank set to cut rates
Czech National Bank is expected to cut borrowing costs on Thursday in response to weakening inflation and weak…