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Biden meets with Netanyahu after months of snubbing Israeli PM
President Biden met with Israeli Prime Minister Benjamin Netanyahu for the first time in months on Wednesday following a long delay seen as a snub to the Israeli leader. Biden had neglected to meet with Netanyahu for nine months prior to Wednesday. The location of the meeting, New York City instead of the White House, […]
Sub-Saharan Africa Poised for 4% Growth in 2024
Fitch Ratings forecasts a 4% growth for Sub-Saharan Africa in 2024, signifying a steady economic progression. This growth aligns with the five-year average up to 2019, although it’s slightly lower than the robust trend prior to 2014. The analysis highlights a neutral trend in ratings for the region, indicating stable economic conditions. Despite the overall […]
Diesel Demand and Global Supply Shifts
On Monday, oil prices rose, pushed by Europe’s growing demand for diesel amid Russian sanctions and shipping interruptions. In the US, refinery production was down due to maintenance, squeezing supply further. Brent oil futures rose by $0.91 to $82.53 per barrel, while West Texas Intermediate (WTI) futures gained $1.09, reaching $77.58. Analysts are watching diesel […]