Output is expected to contract and inflation to remain elevated, says the IMF. Read more at straitstimes.com.
LONDON - The International Monetary Fund says Britain faces a “sobering” economic outlook for 2023, according to a brief statement published by the British parliament’s Treasury Select Committee on Thursday.
“The announced fiscal plan navigates well the difficult tradeoff between fighting inflation and protecting household incomes in a recession primarily caused by the exogenous energy price shock,” the IMF said, in a statement released by the House of Commons’ treasury committee.
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China's CNOOC targets record oil, gas output for 2023, 8% above 2022SINGAPORE : China's CNOOC Ltd has set its 2023 production target at a record 650 million to 660 million barrels of oil equivalent (boe), about 8 per cent above last year's goal. The state-controlled offshore oil and gas company produced about 620 million boe last year, exceeding its goal of 600-610 milli
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China's 2022 industrial output expected to have grown 3.6% y/yBEIJING : China's industrial output is expected to have grown 3.6 per cent in 2022 from the previous year, the Ministry of Industry and Information Technology (MIIT) said on Wednesday, despite production and logistics disruptions from COVID-19 curbs. The output of the manufacturing sector is estimated to
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20 books to read and shows to watch to stay informed, motivated and inspired in 2023The true story of a sex trafficking victim turned women's rights politician, fighting nuns and the most popular female Netflix character right now. Read on for CNA Women's recommendations this year.
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20 books to read and shows to watch to stay informed, motivated and inspired in 2023The true story of a sex trafficking victim turned women's rights politician, fighting nuns and the most popular female Netflix character right now. Read on for CNA Women's recommendations this year.
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Malaysia Edition: Umno general assembly kicks off | Political upheaval in SabahRead more at straitstimes.com.
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Failed crypto exchange FTX has recovered over $6b, attorney saysExtent of customer losses, however, is still unknown Read more at straitstimes.com.
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