Tag: economics of a country

French Central expects GDP growth in the third quarter of the year by 0.25%

The French central bank said in a review of business trends that it expects GDP growth in the third quarter of the year at...

STC plans to spend $1 billion to turn Saudi Arabia into a regional data center

The US agency Bloomberg indicated that "STC plans to spend about one billion US dollars to turn Saudi Arabia into a regional data center."...

World Bank agrees to provide $512 million to support Turkey’s housing sector

The World Bank said it has approved $512.2 million in funding for Turkey to improve the resilience of the housing and infrastructure sectors to...

Confirmation that the US economy contracted 0.6 percent in the second quarter

Official data confirmed that the US economy contracted 0.6 percent year on year in the second quarter, in line with the previously announced second...

Agreement between Russia and Afghanistan on the supply of grain and gasoline

Russian presidential envoy to Afghanistan Zamir Kabulov said that the agreement between Russia and Afghanistan on the supply of fuel, gasoline, liquefied natural gas...

Morocco central bank raises interest rates to fight inflation

Morocco's central bank has decided, according to Agence France-Presse, to raise interest rates to 2 percent to match record inflation expected to reach 6.3...

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