Tag Archives: International Monetary Fund (IMF)

Non-oil trade between Beijing and the Gulf Cooperation Council (GCC) has grown from just several billion dollars two decades ago to nearly $200 billion last year.

They have agreed a new financial partnership agreement that will boost their collaboration to tackle key challenges. including climate change.

Other important products heavily exposed to disruption to shipping in the Strait of Hormuz include monoethylene glycol (MEG). ethylene and methanol.

The Kariba dam has plunged to its lowest level since 1996. raising further risks to the hydropower plants that Zimbabwe and Zambia depend on for nearly half of their power.

The budget deficit will widen to 6.4% in 2020 from 4.7% in 2019 as the government earns less from oil.

The big three oil producers in China were expected to spend $77 billion on oil developments this year.

The largest and most significant single driver for all financial asset classes for next week will be the outcome of US-China trade negotiations.

The volume of Iran’s non-oil exports had increased by more than 10 percent compared to the first seven months of 2018.

The International Monetary Fund warns the window of opportunity for containing global warming is closing rapidly.

Ecuador has been in breach of its promised production limits every month this year.