China likely to resume gold buying despite recent pause
China is likely to resume its significant gold purchases, despite a recent pause.
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Ukraine
European companies slash jobs due to inflation, war
Elevated inflation and the ongoing war in Ukraine have led to a wave of layoffs across Europe, affecting multiple…
JPMorgan lowers emerging market default forecast
JPMorgan revised its forecast for emerging market (EM) corporate defaults on Monday, citing the most significant…
IMF to mull cutting fees on major borrowers
The International Monetary Fund (IMF) is set to discuss reducing fees for its largest borrowers amid concerns over…
Gazprom reduces gas supply to Europe via Ukraine
Gazprom's volume of gas pumped to Europe via Ukraine decreased to 42.1 million cubic meters (mcm) on July 7, down…
China calls EU to remove sanctions on Russia-linked firms
China's foreign ministry spokesperson Mao Ning urged the European Union (EU) to remove sanctions on Chinese…
EU expands economic sanctions against Russia
The Council of the European Union announced on Monday a significant expansion of economic sanctions against Russia,…
Egypt’s food exports reach 275K tons in 1 week – NFSA
Egypt's food exports surged to 275,000 tons in the week ending June 21st, encompassing a diverse range of over 600…
G7 agrees on $50b Ukraine loan from frozen Russian assets
Negotiators at the Group of Seven (G7) summit have reached a provisional agreement on a $50 billion loan to…
Russia’s Gazprom gas supplies to Europe via Ukraine hit 42.4m m3
Kremlin-owned gas giant Gazprom is supplying a steady, but reduced amount of natural gas to Europe via pipelines…