Russian central bank cuts key rate to 7.75 percent,
The Russian Central Bank lowered its main interest rate to 7.75 percent from 8.5 percent on Friday. The Central Bank has now embarked on a new rate-cutting cycle as inflation - its key area of
European Central Bank Will Not Change Monetary Policy
European Central Bank (ECB) decided not to change its monetary policy. The Governing Council said it is expecting key ECB interest rates to remain at their current levels for an extended period of
Riyadh bold plans for 2030 transition
Riyadh has been working andplanning for the last two years how to make a great transition before 2030 in economy. In order to establish the international investor confidence as well as international
Baiji Oil refinery is under maintenance
Iraq's Oil Ministry said reconstruction began in Baiji at what was previously the country's biggest oil refinery prior to damages incurred during the fight against the Islamic State.
Inflation hits to 3.1% & unemployment falls in UK
Inflation in the United Kingdom reached 3.1 percent for the month of November, up from 3 percent in October. Employment fell by 56,000 people during the three months ending in October.
FED raises the interest rate...
The Federal Reserve lifted its interest rate to a range of 1.25 percent-1.5 percent because of rapid economic growth over the past few months and a strong labor market. The raise will eventually