Tag: international economics
World
OPEC+: Reducing oil production by two million barrels per day and extending the current agreement until the end of 2023
The OPEC+ alliance officially announced "to cut oil production by two million barrels per day starting in November, based on the agreed August levels"...
Economy
The World Bank announces an improvement in Russia’s GDP forecast
The World Bank announced an improvement in Russia's GDP forecast for this year, as the economy recorded a contraction of 4.5%, and by 2023...
Economy
UK finance minister defends his mini-budget after a week of financial chaos in the country
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})googletag.cmd.push(function() {if (isMobile) {googletag.display('div-gpt-ad-news-under-image-m');}});UK Treasury Secretary Kwasi Quarting defended his "mini-budget" of massive tax cuts after a week of financial market turmoil, stressing...
Economy
EU agrees to emergency measures to reduce electricity prices
On Friday, European Union energy ministers agreed on emergency measures to reduce high electricity prices, including taxing the income of energy companies and reducing...
Economy
European energy ministers meet Friday to discuss energy crisis
European Union energy ministers will hold an extraordinary meeting in Brussels on Friday to discuss new measures to be taken to curb rising electricity...
Economy
The European Commission has agreed to pay 21 billion euros to Italy as part of the second installment of the Recovery Fund.
The European Commission has given a positive opinion on the allocation of the second tranche of the Recovery and Resilience Fund for Italy in...