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OPEC+ will assess oil market and do what is necessary, say Saudi foreign minister
JEDDAH, Saudi Arabia (Reuters) - Saudi Arabia's foreign minister said a U.S.-Arab summit on Saturday did not discuss oil and that OPEC+ would continue to assess market conditions and do what is necess...
Jul 16, 2022
India on course to become world’s fastest-growing economy, says RBI
By Swati Bhat MUMBAI (Reuters) - India's economy has remained resilient in the face of global headwinds and with inflation coming off its recent peak is expected to stay on course to become the world'...
Jul 16, 2022
Peoria payment portal being upgraded this weekend
PEORIA, Ill. — The city of Peoria's online payment portal for Stormwater Utility bills will undergo a system update on Saturday, July 16. Following the update, those who currently pay their bill...
Jul 16, 2022
Pakistan to get $4 billion from friendly countries to shore up reserves – finance minister
By Asif Shahzad ISLAMABAD (Reuters) - Pakistan is likely to get $4 billion from friendly countries this month to bridge a gap in foreign reserves highlighted by the International Monetary Fund, the co...
Jul 16, 2022
Bank of Canada chief sees inflation “a little over” 8% as soon as next week
By Julie Gordon OTTAWA (Reuters) - The Bank of Canada expects inflation to go "a little over" 8%, as soon as next week when June's data is released, and stay in that range for a few more months, Gover...
Jul 16, 2022
SAS and striking pilots closer to deal but issues remain, mediator tells E24
STOCKHOLM (Reuters) - Crisis-hit airline SAS and unions have made progress on a new savings deal to end a 13-day pilots' strike, but significant issues have yet to be resolved, a mediator told news ag...
Jul 16, 2022
China to step up implementation of ‘prudent’ monetary policy-central bank chief
BEIJING (Reuters) - China's economy is facing downward pressure due to COVID-19 and external shocks, and the central bank will "increase implementation of prudent monetary policy" to support the real ...
Jul 16, 2022
Swiss central bank plans at least 50 bps rate hike in Sept -report
VIENNA (Reuters) - The Swiss National Bank is currently planning to raise interest rates by 50 or 75 basis points in its next scheduled monetary policy announcement in September, a Swiss newspaper rep...
Jul 16, 2022
Saudi crown prince says unrealistic energy policies will lead to inflation
JEDDAH, Saudi Arabia (Reuters) - Saudi Arabia's Crown Prince Mohammed bin Salman, addressing a U.S.-Arab summit, said on Saturday that unified efforts were required to support the global economy and t...
Jul 16, 2022
IMF chief sees ‘exceptionally uncertain’ global outlook, deteriorating debt situation
NUSA DUA, Indonesia (Reuters) - IMF chief Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take urgent action to combat inflation, warning that the "exceptiona...
Jul 16, 2022
Peoria, IL, USA
45 °F Clear
