Saturday , 7 February 2026

Recent Posts

Libya oil output, exports hit multiyear highs

Bloomberg Libyan oil is gushing again with production and exports surging to the highest in years. Despite unresolved domestic conflicts that first erupted after the ouster of dictator Muammar Qaddafi, Libya has somehow found a way to get its crude flowing. Already this year, it’s secured commitments from some of the world’s biggest energy companies, including at least three new …

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BOE’s Carney calls for rules to end cryptocurrency anarchy

Bloomberg Mark Carney is calling for greater regulation to bring the era of cryptocurrency “anarchy” to an end. “The time has come to hold the crypto-asset ecosystem to the same standards as the rest of the financial system,” the Bank of England governor said in a speech at Bloomberg’s European headquarters in London. Carney, who is also head of the …

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Saudi’s $16bn syndicated loan cuts funding costs

DUBAI / Reuters Saudi Arabia’s planned $16 billion syndicated loan, one of the largest ever in emerging markets, will cut the kingdom’s cost of funding by paying banks much less than on previous borrowings. The ministry of finance said on Twitter that it would offer banks a margin of 75 basis points over the London Interbank Offered Rate (Libor) for …

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