Mining The Markets

June 24, 2023

Factbox-Russia’s Rostov, seized by rebels, is important commodity hub

BY Reuters  • June 24, 2023June 24, 2023
By Polina Devitt and Dmitry Zhdannikov LONDON (Reuters) – Following are facts about oil, gas and grains flows in Russia’s southern region of Rostov, where the capital Rostov-on-Don was sei[...]
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Business Economy Europe

Brazil’s Lula calls for ‘common sense’ negotiations on EU-Mercosur trade pact

BY Reuters  • June 24, 2023June 24, 2023
(Reuters) – Brazilian President Luiz Inacio Lula da Silva on Saturday urged the European Union and the Mercosur to set aside arrogance and negotiate the long-awaited trade agreement between the[...]
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Business Economy Environment Europe Latin America Politics Top News

Pakistan changes FY2024 budget as dictated by IMF to clinch stalled funds

BY Reuters  • June 24, 2023June 24, 2023
By Asif Shahzad ISLAMABAD (Reuters) -Pakistan has changed its budget for the financial year starting on July 1, Finance Minister Ishaq Dar said on Saturday, including the latest fiscal tightening meas[...]
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Asia Economy Updated

Vietnam to extend VAT cut until year-end to prop up slowing economy

BY Reuters  • June 24, 2023June 24, 2023
HANOI (Reuters) – Vietnamese lawmakers on Saturday approved a government plan to extend a reduction in value added tax (VAT) on goods and services until the end of this year to boost domestic co[...]
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Asia Economy

ECB’s Makhlouf undecided about rate rise beyond July

BY Reuters  • June 24, 2023June 24, 2023
DUBLIN (Reuters) – European Central Bank governing council member Gabriel Makhlouf said on Saturday that while some colleagues already feel further interest rate rises will be needed beyond July[...]
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Business Economy Europe Politics

World Bank approves $700 million for Mexico to boost women’s economic opportunities

BY Reuters  • June 24, 2023June 24, 2023
MEXICO CITY (Reuters) – The World Bank said it had approved on Friday a $700 million operation for Mexico to promote public policies to create economic opportunities and expand social security f[...]
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