Brazilian Market Raised Inflation Forecast To 5.82 Percent In 2022

BRASILIA, Nov 16 (NNN-CMA) – Brazilian financial analysts, raised their inflation forecast for the end of this year, from 5.63 to 5.82 percent, the third straight weekly uptick, keeping it at 4.94 percent for 2023, the Central Bank of Brazil, said. The official target of inflation is 3.5 percent at…

IFC Launched 225-Million-USD Platform To Boost Start-ups In Africa, Asia

NAIROBI, Nov 16 (NNN-KBC) – The World Bank’s private sector lending arm, the International Finance Corporation (IFC), launched a 225-million-U.S.-dollar platform, that seeks to strengthen venture capital ecosystems in Africa, the Middle East, Central Asia and Pakistan. IFC said, the platform will provide funds that will be invested in early-stage…

Five Daesh Militants Killed In W. Afghanistan

HERAT, Afghanistan, Nov 16 (NNN-ANA) – Five members of the Daesh outfit have been killed, during a special operation in Herat city, capital of western Afghanistan’s Herat province, provincial administration spokesman, Hamidullah Motawakel, said today. Acting on tip off, the Afghan security forces stormed a hideout of the Daesh, in…

Almost Half Of S.Koreans Reluctant To Get Married: Gov’t Data

SEOUL, Nov 16 (NNN-YONHAP) – Almost half of South Koreans said that, they do not necessarily get married, for economic reasons, statistical office data showed today. According to Statistics Korea, 46.8 percent of South Korean people responded that, they do not necessarily or should not get married as of 2022.…

G20 Summit Reaffirmed Cooperation To Address Serious Global Economic Challenges

BALI, Nov 16 (NNN-ANTARA) – The 17th Group of 20 (G20) Summit here today, reaffirmed its commitment to cooperation, to address global economic challenges. In a declaration, adopted at the end of the two-day summit, the G20 leaders said, cooperation is necessary for global economic recovery, tackling global challenges and…

11th Pakistan Int’l Defence Expo Kicked Off In Karachi

KARACHI, Nov 16 (NNN-APP) – The 11th edition of the International Defence Exhibition and Seminar (IDEAS), kicked off yesterday, at the Karachi Expo Centre, in Pakistan’s southern port city of Karachi. Addressing the inaugural ceremony, Pakistani Foreign Minister, Bilawal Bhutto Zardari, said, IDEAS is a shared vision for global peace,…

Vietnamese Banks Raised Interest Rates To Pre-Pandemic Levels

HANOI, Nov 16 (NNN-VNA) – Commercial banks in Vietnam increased deposit interest rates to up to nearly 10 percent, amid inflationary pressure. Sai Gon Joint Stock Commercial Bank, offered the highest rate with 9.75 percent interest, for customers depositing money for 13, 15, 18, 24 and 36-month terms. Vietnam Prosperity…

Argentina Saw 88 Percent Year-On-Year Inflation Last Month

BUENOS AIRES, Nov 16 (NNN-TELAM) – Argentina registered 88 percent year-on-year inflation last month, with prices rising 6.3 percent for an accumulated 76.6 percent spike in prices, so far this year, the National Statistics and Census Institute (INDEC) said yesterday. The goods and services that saw the biggest jump in…

Iranian President Says Resistance Only Way To Counter West’s “Greed”

TEHRAN, Nov 16 (NNN-IRNA) – Iranian President, Ebrahim Raisi, said here yesterday that, resistance is the only way to confront the “greed” of the West. Raisi made the remarks, in a meeting with the visiting high-ranking economic delegation from Venezuela, according to the Iranian presidential website. Expressing his satisfaction with…

Japan’s Daily COVID-19 Cases Resurged, Exceeding 100,000

TOKYO, Nov 16 (NNN-NHK) – Japan’s daily COVID-19 cases, yesterday, surpassed the threshold of 100,000, for the first time in two months, local media reported. This came after the government scrapped COVID-19 border controls and introduced a domestic travel subsidy programme, in a bid to spur inbound and local tourism…