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Category: Economy

Egyptians hit by soaring food prices as crisis bites
Economy

Egyptians hit by soaring food prices as crisis bites

January 4, 2023January 4, 2023

Public anger has been rising for months in Egypt over a extreme greenback crunch and hovering meals costs. But for a lot of, a money-saving

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Türkiye touts downward trend as inflation falls sharply to around 64%
Economy

Türkiye touts downward trend as inflation falls sharply to around 64%

January 3, 2023January 3, 2023

Annual inflation in Türkiye confirmed a pointy fall in December and got here in under expectations, official knowledge confirmed on Tuesday, primarily as a result

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Singapore’s economy grows more-than-expected 3.8% in 2022
Economy

Singapore’s economy grows more-than-expected 3.8% in 2022

January 3, 2023January 3, 2023

Singapore’s economic system grew greater than anticipated final 12 months however a lot slower than in 2021, official knowledge confirmed Tuesday, as analysts warned of

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‘World Bank seeks more funds to address climate change, other crises’
Economy

‘World Bank seeks more funds to address climate change, other crises’

January 3, 2023January 3, 2023

The World Bank is searching for to vastly broaden its lending capability to handle local weather change and different world crises and can negotiate with

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UK manufacturing ends 2022 on low as orders shrink
Economy

UK manufacturing ends 2022 on low as orders shrink

January 3, 2023January 3, 2023

British producers reported certainly one of their sharpest falls in exercise because the 2008-09 recession final month, as new orders fell sharply and corporations reduce

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Japanese companies see bleak outlook for 2023: Survey
Economy

Japanese companies see bleak outlook for 2023: Survey

January 3, 2023January 3, 2023

Major Japanese corporations have grown extra pessimistic concerning the financial system, given increased prices and a weaker yen, based on a survey by Kyodo News.

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Embattled China Evergrande pledges to repay debt in ‘key’ 2023
Economy

Embattled China Evergrande pledges to repay debt in ‘key’ 2023

January 3, 2023January 3, 2023

The China Evergrande Group has pledged to repay its debt in 2023, a yr its chairperson dubbed essential for the property large, which faces a

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Türkiye touts downward trend as inflation falls sharply to around 64%
Economy

Turkish inflation eases more than expected to 64.27% in December

January 3, 2023January 3, 2023

Türkiye’s annual inflation fell sharply to 64.27% in December resulting from a good base impact, official information confirmed Tuesday. DETAILS TO FOLLOW … The Daily

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Darkest days likely over for eurozone factories: PMIs
Economy

Darkest days likely over for eurozone factories: PMIs

January 2, 2023January 2, 2023

The downturn in eurozone manufacturing exercise has possible handed its trough as provide chains start to get better and inflationary pressures ease, a survey confirmed

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Turkish factory activity ends 2022 at 6-month high
Economy

Turkish factory activity ends 2022 at 6-month high

January 2, 2023January 2, 2023

Activity within the Turkish manufacturing sector contracted for the tenth month working in December however confirmed some tentative indicators of enchancment, a closely-watched survey confirmed

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