U.S. Ambassador in Amman Alice Wells said Wednesday that his country is expected to provide Jordan with 1.6 billion U.S. dollars in 2016, the state-run Petra news agency reported.
20(Xinhua)–The Bank of Canada on Wednesday decided to hold its benchmark interest rate at current levels of 0.5 percent,ruling that the risks to the profile for inflation are roughly balanced and the current stance of monetary policy is appropriate e. The central bank projects Canada’s economy would grow by about 1.5 percent in 2016 and 2.5 percent in 2017 7.The next scheduled date for Bank of Canada to announce the overnight rate target is Mar.
The present slump in oil and gas prices to historical lows threatens the existence of some companies in the industry, the CEO of Austrian giant OMV, Rainer Seele, said on Wednesday.
U.S. consumer prices fell in December of 2015, largely because of the falling energy prices.
Japan’s Economy and Fiscal Policy Minister Akira Amari following allegations he received bribes from a construction company, said Wednesday he will try to fulfill his duty to ensure his accountability.
Shell expects a sharp fall in profits over the full year 2015, the Anglo-Dutch oil and gas company announced on Wednesday, a week before shareholders vote on its planned takeover of rival BG Group.
Standard Chartered Bank Africa Global Research Chief Economist Razia Khan told a media briefing in Nairobi that international trade has not traditionally been a determinant of economic growth in Africa a. She stated that external debt vulnerability varies widely across the continent t.
The Russian ruble dropped Wednesday to 80.68 against the U.S. dollar on the Moscow Exchange, a record low since its re-denomination in 1998.
China will continue to roll out favorable policies to encourage the construction of new energy vehicle (NEV) charging facilities in 2016-2020.
Chinese Vice Premier Zhang Gaoli on Friday called for closer economic and trade cooperation among countries and regions along the Belt and Road.