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  • IMF Executive Board Concludes 2023 Article IV Consultation with Libya

    From imf.org

    The Article IV consultation took place after a decade-long hiatus. The fragmentation of the country that followed the fall of the Ghaddafi regime in 2011 effectively suspended the production of key economic indicators and complicated policymaking, resulting in difficulties in conducting Article IV consultations. The authorities have recently made commendable progress towards improving data sharing and collection, and transparency. Together with the flexibility afforded by the IMF’s new Fragile and Conflict-Affected States (FCS) strategy, this has paved the way for a resumption of Article IV consultations. Libya’s ... (full story)

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    It's a 2% growth world

    From scottgrannis.blogspot.com|May 25, 2023

    The second revision to Q1/23 GDP growth came in slightly stronger than expected: 1.3% vs 1.1%. Both those numbers are annualized, so actual growth in the quarter was a mere 0.32%. ...

    Oil Holds Decline as Investors Digest Moscow’s Message on OPEC+

    From bnnbloomberg.ca|May 25, 2023

    Oil was steady after falling more than 3% on Thursday as Russia suggested OPEC+ wasn’t likely to change production levels at its next meeting, and investors tracked negotiations ...

    Forecasting personal consumption expenditures (PCE) with Indicio

    From macrobond.com|May 25, 2023

    With inflation in focus, we have generated a forecast for US personal consumption expenditures (PCE) with Indicio. Indicio is an automated, machine-learning platform that allows ...

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    IEA roadmap outlines immediate steps oil and gas industry must take to cut emissions

    From weforum.org|May 26, 2023

    More than a third of global energy will be generated by renewable capacity by 2025, but energy-related CO2 emissions continue to increase, up 0.9% in 2022. Global production, ...

    Russia signs deal to deploy tactical nuclear weapons in Belarus

    From apnews.com|May 26, 2023

    Russia and Belarus signed a deal Thursday formalizing the deployment of Moscow’s tactical nuclear weapons on the territory of its ally, although control of the weapons remains in ...

    When will energy bills fall by and how much? Ofgem price cap to drop £426 below the energy price...

    From thisismoney.co.uk|May 26, 2023

    Households will save £426 a year on their energy bills from this summer, regulator Ofgem says, offering hope to millions struggling with £2,500-a-year tariffs. However, experts ...

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  • Posted: May 25, 2023 11:44pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 53
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