OPEC+ leaders like $100 oil

LONDON, Sept 16 (Reuters): Saudi Arabia and Russia, the de facto leaders of the OPEC+ oil producer group, see $100 a barrel as a fair price that the global economy can absorb, sources familiar with government thinking in the two countries told Reuters.The Organization of the Petroleum Exporting Countries, Russia...

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Sri Lanka's economy officially enters into period of recession

COLOMBO, Sept 16 (Agencies): Sri Lanka will turn a free trade agreement with India into a comprehensive economic and technological partnership, President Ranil Wickremesinghe said on Friday, according to a government statement.The president said an international trade office will be established to deal with all international trade negotiations.Earlier report adds:...

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Prices soaring everywhere: from beans in Brazil to pork in China

PARIS, Sept 16, 2022 (AFP): Consumers and businesses around the world are facing steeper prices for everything from Mexico's beloved tortillas to the aluminium cans used by beer companies.Inflation jumped after countries emerged from Covid lockdowns and it has soared since Russia invaded Ukraine, with the IMF expecting consumer prices...

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