Turkey’s fiscal tightening package goes down like a lead balloon with analysts
Influential economists not impressed with lack of detail and likely impact.
Influential economists not impressed with lack of detail and likely impact.
The ruling Georgian Dream party lashed out at the West in a statement ahead of the final vote to pass the controversial Russian-style foreign agents law which was passed on May 14, accusing it of secretly funding violence and the opposition crowds.
The current rate of atmospheric CO2 increase is 10 times faster than at any other point in the past 50,000 years. This is according to scientists who did a detailed chemical analysis of ancient ice in the Antarctic.
The US funding package includes a $292mn loan for an 83MW gas-fueled power station in Freetown and $120mn in political risk insurance to attract private investment.
Angola – the world's second-biggest diamond producer – possesses abundant reserves of critical minerals, vital for the green energy transition.
Exorbitant international B2B payment transfers are a barrier to cross-border trade for enterprises in the Western Balkans, a World Bank analysis shows.
The Russian federal budget posted revenue growth of 50% year on year to RUB11.7 trillion ($128bn) in 4M24, achieving revenue growth rate of 41% y/y in April 2024 alone, according to the preliminary data from the Finance Ministry.
Russia is preparing a crackdown on cryptocurrencies in a bid to establish control over the segment that so far has been operating largely under the radar.
Currently, Rosatom controls approximately 70% of the world export market for the construction of nuclear power plants where emerging powers in the global south are trying to boost their energy production and turning to Moscow for nuclear power.
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