04:25 PM @ 11/08/2023
The International Energy Agency (IEA) on Friday said demand growth for oil next year will be slower than previously forecast, citing lacklustre macroeconomic conditions, a post-pandemic recovery running out of steam and the burgeoning use of electric vehicles.SEE MORE04:09 PM @ 11/08/2023
Viet Nam’s economy will pick up pace over the second half of this year, and the following years, according to the World Bank (WB)’s latest economic update entitled “Making Public Investment Work for Growth”.SEE MORE04:50 PM @ 10/08/2023
The upcycle for global petrochemicals and polymers will only occur from 2025 onward as the market deals with slower than expected growth in China and overcapacities, the CFO at Brazil’s Braskem said on Wednesday.SEE MORE04:21 PM @ 10/08/2023
A challenging external environment and weaker domestic demand is leading to a slowdown in economic growth in Vietnam, but the economy will pick up pace in the second half of 2023 and the following years, the World Bank said in an economic update released on August 10.SEE MORE03:51 PM @ 10/08/2023
Experts told Sputnik that China’s binge on non-dollar currency reserves, including record amounts of gold bullion, is being driven by how unstable the US dollar has become. Countries like Russia, which hold few dollar reserves, present a safer bet for investors and traders alike.SEE MORE
