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Saturday 24 May 2025

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Context on Markets
News Iran, Ecuador discuss ways to strengthen oil prices

Iran and Ecuador on Wednesday discussed ways that the two countries can strengthen oil prices as Iran signals it may support joint efforts by exporters to prop up flagging crude.

  • August 24, 2016
News Scottish economy to see 2-11 billion pounds Brexit hit, government says

Leaving the European Union will sap Scotland's economy by between 1.7 and 11.2 billion pounds ($14.76 billion) by 2030, depending on which new trade relationship Britain chooses, the Scottish government said on Tuesday.

  • August 23, 2016
News EU requests WTO panel over spirits dispute with Colombia

The European Union has requested the establishment of a World Trade Organization (WTO) panel to rule on a dispute with Colombia over what Brussels says are discriminatory measures against spirits made by European drinks companies.

  • August 22, 2016
News WTO backs EU in row over Russian import ban on pigs, pork

A World Trade Organization (WTO) panel on Friday backed the European Union (EU) in a two-year dispute over Russia's ban on pig and pork imports from the bloc.

  • August 20, 2016
News Norway's PM softens stance on Britain joining EFTA

Norwegian Prime Minister Erna Solberg said she saw some advantages if Britain joined the four-nation European Free Trade Association (EFTA) after quitting the EU, qualifying past doubts about British membership.

  • August 18, 2016
News Oil at five-week high as OPEC sources, Russia, talk of cooperation

Oil settled up nearly 2 percent on Tuesday, hitting five-week highs for a second straight day as sources at OPEC spoke of Saudi Arabia's apparent desire for higher crude prices while Russia met the producer group to discuss the market.

  • August 16, 2016
News OPEC deal a tough task, as oil output freeze expectations rise

OPEC will probably revive talks on freezing oil output levels when it meets non-OPEC nations next month as top exporter Saudi Arabia appears to want higher prices, according to OPEC sources, although Iran, Iraq and Russia present obstacles to a deal.

  • August 15, 2016
News Modest euro zone economic growth masks diverging performance around bloc

Euro zone economic growth halved in the second quarter to a modest pace, as a mild slowdown in Germany was overshadowed by a surprise stagnation in Italy, offering scant hope of a decisive rebound for the currency bloc as a whole any time soon.

  • August 12, 2016
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