- The collapse of a tailings dam in South Africa earlier this month has put the spotlight on the need for binding global regulations of facilities used to store mining waste, investors and industry leaders said.
Israel has agreed to sell an advanced air defence system to the United Arab Emirates, two sources familiar with the matter said, in the first such known deal between them since they forged ties in 2020. The deal reinforces how, for some Arab states, resolving the decades-long Israel-Palestinian conflict has now been overshadowed by national priorities, such as security and the economy.
* Brent and WTI on track to fall for fourth week in a row. * Recession fears weigh as major central banks hike rates. * Stalled Iran nuclear deal, Ukraine fears cap oil's losses. By Scott DiSavino.
Israel has agreed to sell an advanced air defence system to the United Arab Emirates, two sources familiar with the matter said, in the first such known deal between them since they forged ties in 2020. The deal reinforces how, for some Arab states, resolving the decades-long Israel-Palestinian conflict has now been overshadowed by national priorities, such as security and the economy.
Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago as he announced the central bank's latest interest rate decision on Thursday. INFLATION. While economic growth is slowing globally, inflation continues to surprise to the upside. Producer price increases continue to pass-through to wages and consumer prices globally.
South Africa's central bank raised its main lending rate by 75 basis points to 6.25% in a decision announced on Thursday. The move was as expected by the majority of economists polled by Reuters.
* South Africa cenbank decision due 1300 GMT. * Turkey's lira touches record low of 18.42 vs dollar. * Brazil holds interest rates after 12 straight hikes. * Indonesia raises rates for 2nd straight month. By Anisha Sircar and Amruta Khandekar.
* South Africa cenbank decision due 1300 GMT. * Turkey cenbank decision due 1100 GMT. * Brazil holds interest rates after 12 straight hikes. * Indonesia raises rates for 2nd straight month. By Anisha Sircar and Amruta Khandekar.
* South Africa cenbank decision due 1300 GMT. * Turkey cenbank decision due 1100 GMT. * Brazil holds interest rates after 12 straight hikes. * Indonesia raises rates for 2nd straight month. By Anisha Sircar and Amruta Khandekar.
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