Annual inflation in Canada reaches 29-month high amid rising oil prices
Canada’s annual inflation rate rose to a 29-month high in May, reaching 3.2 percent.
OPEC Predicts Increase in Oil Demand to 124 Million Barrels per Day by 2050, Sees No Peak
OPEC cites the global shift towards more favorable oil use policies, as well as increased attention to energy security and energy accessibility.
EU Green Bonds Worth 20 Billion Euros Risk Financing Chinese Companies and Undermining Brussels’ Policy
In the context of the Global Green Bond Initiative, there is no exclusion mechanism.
Fed Leaves Rates Unchanged, Officials Split Over Hikes This Year
The Federal Reserve left interest rates unchanged, with officials split over expectations of raising rates this year.
G7 Countries Agree to Limit Rare Earth Element Imports from China to 60% by 2030
Лідери G7 прагнуть зменшити залежність від Китаю у постачанні критично важливих мінералів та рідкісноземельних елементів, обговорюючи квоти для галузей.
Lagarde Warns of Significant AI Risk to Financial Stability
Цю заяву вона зробила під час виступу у Венеції в середу.
UK inflation unexpectedly holds steady at 2.8% in May
Інфляція у Великій Британії залишилася незмінною в травні, підтримавши підхід Банку Англії “почекати і подивитися” напередодні засідання.
Central Banks Return Gold Reserves Home and Expect Increased Purchases
Over the past 12 months, 9% of respondents increased domestic storage, compared to 5% the previous year.
Syrian Oil Company Signs Contract with ConocoPhillips and Novaterra to Develop Gas Sector
This agreement is part of Damascus’ efforts to attract international investments to develop the energy sector and improve production.
Solar-powered cold storage reduces crop losses in Africa to less than 2%
In Kenya, producers of rosemary, basil, and other valuable crops destined for European supermarkets are already benefiting from pay-per-use cooling services.