The Czech National Bank will likely raise interest rate further in June if data from the economy are in line with the bank's latest macroeconomic forecast, Governor Jiri Rusnok said on Sunday.
Czech central bank chief: Rates likely to rise in June if forecast confirmed
Bank of America (BofA) has warned the US faces a one-in-three chance of tumbling into a recession next year but said it would likely be mild by historical standards.
BofA sees one-in-three chance of mild US recession next year
The National Iranian Oil Company (NIOC) CEO said the country wouldn’t keep oil projects waiting for foreign companies, as President Seyyed Ebrahim Raeisi’s administration has restored one million barrels per day (mbd) of production lost in recent years.
Iran won’t keep oil projects waiting for foreign companies: NIOC
Norway should share the “gigantic” profits it’s recently made as a result of higher oil and gas prices, especially with Ukraine, said Polish Prime Minister Mateusz Morawiecki.
Polish PM calls on Norway to share oil, gas profits windfall
A new wave of job cuts has hit China’s largest technology companies, as regulatory pressure and COVID-19 lockdowns battered their business.
China’s Big Tech sees new wave of job cuts as COVID lockdowns hurt economy
The increase in Iran-Kazakhstan trade and economic relations shows a serious and good will in deepening cooperation between the two countries, said Iranian First Vice President Mohammad Mokhber in a meeting with Kazakh Deputy Prime Minister Bakhyt Sultanov in Tehran on Sunday.
Iran-Kazakhstan trade ties developing: Mokhber
Iran and Oman agreed to revive a gas supply deal that dates back to two decades ago, according to a report by IRNA.
Iran, Oman agree to revive gas supply deal
Iran recorded a slight increase in production of iron ore concentrate in the year to late March 2022, showed figures by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
Iran’s annual iron ore concentrate output up 4%
President of the European Central Bank (ECB) Christine Lagarde said that crypto-currencies are “based on nothing” and should be regulated to steer people away from speculating on them with their life savings.
Crypto ‘worth nothing’, should be regulated: ECB chief
The International Monetary Fund (IMF) has agreed to extend the duration of a crucial aid package to Somalia, a senior official said, following a long-overdue presidential election last weekend.
IMF extends Somalia funding following election

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