Saturday , 7 February 2026

Recent Posts

World Bank ready to spend $5 billion in Congo in five years, with conditions

Bloomberg The World Bank could provide as much as $5 billion to Democratic Republic of Congo over the next five years if its new government commits to raising more revenue, fighting corruption and opening up its economy. The financing would be a welcome boost for Congo’s new president, Felix Tshisekedi, who has promised a bold series of costly social programs, …

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Philippine central bank chief says no more rate cuts this year

Bloomberg The Philippine central bank is done with easing monetary policy for this year after it cut interest rates three times and pumped liquidity into the banking system, Governor Benjamin Diokno said. When asked if there would be no more reductions in the benchmark rate or reserve requirement ratio in 2019, Diokno said “absolutely.” Monetary authorities have done “more than …

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Stocks rise, bonds slip on US-China trade optimism

Bloomberg Stocks advanced worldwide along with US equity futures while bonds slipped on optimism China and America are moving closer to an interim trade deal. The dollar edged higher. The Stoxx Europe 600 Index headed for a four-year high, led by miners and automakers, which jumped after US Commerce Secretary Wilbur Ross said tariffs on vehicle imports into the American …

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