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    U.S Fed is evaluating whether to launch a digital currency and in what form, Powell say

    The Fed is pushing ahead with its study into whether to implement its own digital currency and will be releasing a paper on the...

    More Of China, Less Of America’: How The Superpower Fight Is Squeezing The Gulf

    As the first senior United Arab Emirates official to visit the Biden administration touched down in Washington, the message the Gulf state sought to...

    Nigeria Central Bank Holds Rate as Economic Growth Outlook Cut

    Nigeria’s central bank left its key interest rate unchanged to support an economy that expanded at a slower pace than expected in the second...

    Standard Chartered arranges $1.1 bln financing for Angola water project

    Sept 6 - Standard Chartered (STAN.L) said on Monday that it had arranged $1.1 billion of financing to the Angolan government for a...

    Major auto makers fear the global chip shortage could persist for some time

    The shortage is thought to have been exacerbated by the move to electric vehicles. There are now other shortages in raw materials to contend with...

    India is set to post record fiscal first-quarter GDP — but the figure will not paint a full picture

    More than 40 economists polled by Reuters this month predicted that gross domestic product rose 20% for the April to June period. But that figure...

    The Petroleum Industry Act (PIA) Finally Berths: Way to Go!

    July ’21 Annual Inflation: 17.38% Q1 ‘21 Real GDP Growth Rate: 0.51% At last, the much-touted Petroleum Industry Bill became law when, on Monday, August 16,...

    Gold firms on virus anxiety, U.S. Fed minutes in focus

    Spot gold was up 0.1% at $1,787.50 per ounce by 0958 GMT, after hitting its highest since Aug. 6 at $1,795.25 in the previous...

    U.S. dollar dips from 4-1/2-month high after Fed minutes, last flat on the day

    The dollar slipped from 4-1/2-month highs to trade little changed on Wednesday after minutes of last month’s Federal Reserve meeting suggested there was no...

    Oil slides as COVID-19 surge, firmer dollar overshadow U.S. crude drawdown

    Oil prices fell about 1% on Wednesday after four straight days of declines, as investors remain worried about the outlook for fuel demand as...

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