Belgium, Netherlands Vow To Strengthen Cooperation

BRUSSELS, Apr 20 (NNN-AGENCIES) – Belgium and the Netherlands vowed yesterday, to strengthen their collaboration and cooperation in areas such as security, energy, and climate. In a statement, following a joint government consultation, held in the Belgian city of Ghent, the two countries said, they would step up efforts to…

Bank Indonesia Lowers Projection Of Economic Growth

JAKARTA, Apr 20 (NNN-ANTARA) – Bank Indonesia (BI), has revised the projected figure for the country’s economic growth this year, to the range between 4.5 and 5.3 percent, BI’s Governor, Perry Warjiyo said, yesterday. “This figure is slightly lower than the previous estimate of between 4.7 and 5.5 percent,” Warjiyo…

IMF Cuts 2022 Global Growth Forecast To 3.6 Percent Amid Russia-Ukraine Conflict

WASHINGTON, Apr 20 (NNN-AGENCIES) – The International Monetary Fund (IMF), yesterday, slashed global growth forecast for 2022 to 3.6 percent, amid the Russia-Ukraine conflict, down by 0.8 percentage point from Jan projection, according to its newly released World Economic Outlook report.– NNN-AGENCIES  

Oil Prices Climb Amid Libya Outages

NEW YORK, Apr 19 (NNN-AGENCIES) – Oil prices rose yesterday, as reports of outages in Libya intensified concerns over supply risks. The West Texas Intermediate for May delivery, added 1.26 U.S. dollars, or 1.2 percent, to settle at 108.21 U.S. dollars a barrel, on the New York Mercantile Exchange. Brent…

Ukraine A Pawn In U.S. Strategy To Weaken EU, Says Expert

MEXICO CITY, Apr 19 (NNN-CAN) – The conflict in Ukraine is poised to cripple the European Union (EU) and its unified currency, the euro, as policymakers in Washington intended, said a column, published recently by Cuba’s state daily Granma. Faced with its own decline, the U.S. is working to bring…

Fuel Prices Rise To Record High In Sri Lanka

COLOMBO, Apr 19 (NNN-XINHUA) – Sri Lanka’s state-owned Ceylon Petroleum Corporation (CPC), has increased its fuel prices from midnight last night, to a record high. With the latest price hike, the price of Octane 92 petrol rose by 33.1 percent to a record 338 Sri Lankan rupees (1.04 U.S. dollars)…

Mongolia Culls 49.2 Percent More Livestock In Q1 Due To Diseases

ULAN BATOR, Apr 19 (NNN-XINHUA) – At least 3,300 heads of livestock were killed in Mongolia in the first quarter (Q1), due to animal diseases, marking an increase of 49.2 percent, compared to the same period last year, the country’s National Statistics Office said yesterday. Earlier yesterday, Mongolia launched a…

Sri Lanka’s 21 New State Ministers Sworn In

COLOMBO, Apr 19 (NNN-XINHUA) – Twenty-one new state ministers took their oaths before President Gotabaya Rajapaksa yesterday, hours after 17 new cabinet ministers were sworn in. In a small ceremony, held at the president’s official house, the state ministers were sworn in by the president, as the nation faced severe…

Indonesian Mining Giant Starts Exporting Coal To Europe

JAKARTA, Apr 19 (NNN-ANTARA) – Coal mining giant, PT Adaro Energy Indonesia, said yesterday that, it has started to export coal to European buyers, as the continent is currently experiencing disruptions in coal supplies. “We have sent around 300,000 tonnes of coal to the Netherlands and Spain. However, that is…

Malaysia’s Total Trade Soars To New High Of Rm236.6 Bln In March

KUALA LUMPUR, April 18 (NNN-Bernama) — Malaysia’s total trade recorded a double digit growth of 27.3 per cent year-on-year (y-o-y) in March 2022 to reach a new high of RM236.6 billion, the Department of Statistics Malaysia (DOSM) said. Export and import values in March once again broke the record for all-time…
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