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Brent rate increased by 1.5% on Friday after OPEC’s agreement to further reduce production
The United States is the world’s largest importing country, with $2.6tn, followed by China with $2.1tn. However, the European Union is, collectively, the world’s largest importer, sending $6.5tn on imports.
Gold rose by EGP 115 in Egypt since the beginning of 2019, marking an unprecedented level, says Baqy
Decline in oil prices to reduce fuel subsidies to 10% in Q1 of FY 2019/20
As Chinese economy slows, US import prices recognise biggest drop in six months, so when will the trade war end?
Ripple effects across supply chains, business confidence, investment could hit much harder, when non-trade policy comes into scope, says IIF
International Monetary Fund chief Christine Lagarde said trade tension was the “major” headwind facing the global economy, telling Japan’s Nikkei daily it was a “significant risk on the horizon.”
Pharos expects main index to pass 13.800 points supported by decline in sales
According to US government data, bilateral trade value estimated at $505bn last year, making it world’s largest trade relationship