The OPEC Fund for International Development (OFID) approved $605 million in fresh financing on Wednesday to grow its portfolio and activities.
Tag: world
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IMF, WBG announce Madagascar as first country to benefit from Enhanced Cooperation Framework for Climate Action
The World Bank Group (WBG) and International Monetary Fund (IMF) have announced that the Enhanced Cooperation Framework for Climate Action is now operational
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China launches new astronomical satellite developed in cooperation with France
China on Saturday launched an astronomical satellite, the result of nearly 20 years of hard work between Chinese and French scientists, to capture gamma-ray bursts which flicker like fireworks in the farthest reaches of the universe, Xinhua reported.
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G-7 agrees to launch action plan over AI impact on labor
The heads of the Group of Seven major powers said in a joint statement Friday that they will launch an action plan to deal with the positive and negative impacts of artificial intelligence on employment,according to Jiji Press.
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Euro area international trade in goods surplus at €15.0 bn
The first estimates of euro area balance showed a €15.0 bn surplus in trade in goods with the rest of the world in April 2024, compared with a deficit of €11.1 bn in April 2023, according to figures published by Eurostat, the statistical office of the European Union.
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UNRWA rejects Israel’s Google ads campaign
The UN Agency for Palestinian Refugees (UNRWA) has dismissed as "unrealistic" the claims made against it in Israeli advertisements appearing on Google.
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Munich ready to witness Germany vs Scotland opener in Euro 2024
Munich is getting ready to witness the European Football Championship curtainraiser on Friday.
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BRICS Solutions Awards competition of best technological practices to be held during Russia’s BRICS chairmanship
The Agency for Strategic Initiatives (ASI) in cooperation with the Russian Chamber of Commerce and Industry will organise the BRICS Solutions Awards competition of the best solutions and practices of the BRICS countries in various spheres
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Global Markets – Asia shares stumble, political uncertainty rattles euro
Asian stocks sank on Monday as traders heavily pared back bets for Federal Reserve rate cuts this year given a still-tight U.S. labour market, Reuters reported.
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Japan January-March economic contraction revised to annualised real 1.8%
Japan's economy shrank an annualised real 1.8 percent in the January-March quarter, revised up from its earlier reading of a 2.0 percent decline, as corporate capital spending fell less than initially thought, the Cabinet Office said Monday.