NAIROBI (Reuters) – Kenya will sign a trade pact with Russia aimed at boosting cooperation between businesses, President William Ruto’s office said on Monday, after hosting Russian Foreign[...]
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Africa
Exclusive-IMF, others should give $100 billion climate FX guarantee – document
By Simon Jessop and Marc Jones LONDON (Reuters) -A top-level meeting in Paris next month will lay out a $100 billion plan to drive more money into climate and development finance in poorer countries b[...]
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Chevron launches sale of Congo oil assets – sources
By Ron Bousso and Sabrina Valle LONDON (Reuters) – Chevron has launched a sale process for its oil and gas assets in Congo as the U.S. energy giant continues to focus operations on newer and mor[...]
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Moody’s: Emerging market credit to be tight amid U.S.-led risks
LONDON (Reuters) – Emerging economies will continue to suffer from the spillover of economic problems in the U.S., which are restricting their market access and pushing up financing costs, a Moo[...]
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The end of King Dollar? The forces at play in de-dollarisation
By Naomi Rovnick and Libby George LONDON (Reuters) – Rivalry with China, fallout from Russia’s war in Ukraine and wrangling once again in Washington over the U.S. debt ceiling have put the[...]
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Oil supply won’t be affected by stricter price cap enforcement – IEA
By Katya Golubkova and Sakura Murakami HIROSHIMA, Japan (Reuters) -The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the evasion of price caps on Rus[...]
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Egypt’s central bank leaves key interest rates on hold
(Reuters) – Egypt’s central bank kept its overnight interest rates unchanged on Thursday, saying that growth had slowed in the fourth quarter and international commodity prices were easing[...]
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Global debt on the rise, EM crosses $100 trillion mark – IIF
By Rodrigo Campos NEW YORK (Reuters) – A measure of debt across the globe rose in the first quarter to almost $305 trillion, and the rising cost to service that debt is triggering concern about[...]
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Investors lift equity allocations to 5-month high – BofA survey
LONDON (Reuters) – Investors lifted equity allocations to a 5-month high but cash levels also increased to 5.6%, even as they remained worried about a possible credit crunch and inflation stayin[...]
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