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15 July
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Survey shows an increase in key rate by 3.6 % in Australia
Economists believe that the central bank of Australia will raise interest rates three more times. Then, starting from the middle of 2023,
23 November 2022
Mexico signals it may ease US corn import ban
On Tuesday, Andrés Manuel López Obrador said he was considering allowing imports of genetically modified yellow corn for livestock feed.
23 November 2022
China's central bank adviser predicts GDP growth above 5% in 2023
China's economy is likely to grow above 5% next year, according to an advisеr to the People's Bank of China. But this is only possible if the Covid issue is resolved and the government pursues a more effective policy that stimulates confidence and consumption growth.
23 November 2022
HP to cut up to 6,000 jobs over three years
Hewlett-Packard (HP Inc.) is struggling. As a result of a drop in demand for personal computers, the company's profits have fallen. HP had to reduce the number of jobs. About 6 thousand people will be laid off within three years.
23 November 2022
Disney shared the upcoming release date for Avatar: The Way of Water in China
According to people familiar with the matter, Disney has unveiled the release date of the sequel ‘‘Avatar: The Way of Water'’ in China. It is a favorable event in a key market for the studio.
23 November 2022
Bank of Canada claims financial system will withstand risks of rate hikes
Growing threats to stability caused by interest rate hikes and inflation are currently posing serious difficulties for many Canadian households.
23 November 2022
Citigroup plans to make more deals in the Gulf region
During the two last years, Citigroup Inc increased the staff of the investment banking division by 50%. New employees were hired in the United Arab Emirates and Saudi Arabia.
23 November 2022
Flooding in eastern Australia worsens wheat harvest
Flooding in eastern Australia has reduced the quality of the wheat crop of one of the world's largest exporters, leading to a global shortage of high-quality grain used to make bread and ramen noodles.
23 November 2022
Europe may avoid a gas crisis this winter
According to Trafigura Group, one of the world’s largest exchange companies specialized in commodity trading, Europe may avoid a natural gas shortage this and the following year.
23 November 2022
API revealed decline of 4.8 million barrels in U.S. crude stockpiles last week
On Tuesday, The American Petroleum Institute (API) data showed that U.S. crude stockpiles dropped more than market expectations last week. At the same time, product inventories, including gasoline, showed an increase.
23 November 2022
