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Oil Gains on Global Tensions and China Stimulus
Oil prices ended higher Tuesday, extending gains amid Middle East conflicts. China’s economic measures and increased commodity demand also lifted spirits. West Texas Intermediate (WTI) for March rose 0.73% to $73.71 per barrel on the New York Mercantile Exchange. Brent for April climbed 0.77% to $78.59 per barrel on the Intercontinental Exchange. Capital Economics notes […]
Cape Verde Industry Index Up 3.4% in Q2 2023
Cape Verde’s Industrial Production Index rose 3.4% year-over-year in Q2 2023. This is a 1.7% increase from the previous quarter. Cape Verde is the second freest economy in Africa, behind Mauritius, scoring higher than some European countries. The National Institute of Statistics (INE) also reported a 2.6% hike in the Industrial Production Price Index. Moreover, […]
Bolivia’s GDP grows by 2.3% in Q1 2023
The government announced that Bolivia reported a 2.3% GDP growth in the first quarter of 2023, driven predominantly by a surge in domestic demand. While presenting the figures, Development Planning Minister Sergio Cusicanqui highlighted the internal demand’s notable increase of over 10%. However, this growth is a decline from the same period in the previous […]