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...A growth target of 5 per cent is “in line with expectations, reality and the need for developments”, the ministry said....
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...ease Egypt’s foreign currency crisis and bring its IMF deal over the line....
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...Germany has written to dozens of countries including Gulf Arab states to plead for more air defence systems for Ukraine, saying Kyiv needed urgent help to protect its cities, troops and critical infrastructure...
...The central government announced Rmb1tn in surprise borrowing in the fourth quarter, which analysts think will raise China’s fiscal deficit above 3 per cent of GDP — loosely considered its red line....
...The largest transfer that was repaid followed the Gulf war, where Iraq made some $52.4bn in war reparations that were paid off only in 2022....
...Once the BoJ is no longer the sole major central bank still locked in ultra-loose mode, runs the argument, a revaluation of the yen will come due....
...World-beating US growth, somewhat stubborn inflation and central bankers emphasising patience have meant rate-cut expectations are being curtailed....
...“The issue is not financing,” said Peter Toal, the head of Barclays’ fixed income syndicate, referencing one of the central issues buyout groups struggled with last year....
...The Nikkei 225 stock index surged through the 37,000-point line for the first time in 34 years on Friday, setting the widely watched Japanese benchmark on track to surpass the all-time high set in December...
...That followed Monday’s missile strike on another bulk carrier in the Gulf of Aden....
...And the issue is not so much inflation as central banks’ measures for dealing with it. What has subdued infrastructure investing is rising interest rates....
...The subsidy has been capped since 2011, which has led to a growing gulf between what councils pay to fulfil their statutory duty to help the homeless and the support they receive from central government,...
...US Central Command said, with US and UK warships and aircraft shooting down 18 drones, two anti-ship cruise missiles and one ballistic missile....
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