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China Seeks Bigger Role In Oil Pricing
...formation Agency (EIA) said in a March 2014 report that China overtook the US to become the largest net importer of crude oil and other liquids in the world in September 2013. It also pointed out the 31% rise in US indigenous oil production, mainly from tight oil plays, between 2011 and 2014, compared with ex...
Volume: 57Issue: 43Published at Fri, 24 Oct 2014 -
Tunisia: Election Time In The Arab Spring’s Sole Survivor
...their lot since the end of the Ben Ali regime. Unemployment has even increased since the revolution, standing at 15.2% in the first quarter of 2014, up from 13% at the time of Mr Bouazizi’s self-immolation. “Without social development, I don’t think the democracy could survive,” said Mr Fe...
Volume: 57Issue: 43Published at Fri, 24 Oct 2014 -
Egypt Announces Ambitious Macroeconomic Policy Targets
...EGYPT Egypt Announces Ambitious Macroeconomic Policy Targets The Egyptian government is targeting a real GDP growth rate of 6% by mid-2019 – compared to 2.2% in 2013-14 and to a projected 3.5% in 2014-15 – according to a medium-term macroeconomic policy framework for the period 2014...
Volume: 57Issue: 43Published at Fri, 24 Oct 2014 -
Lebanese Economy Resilient Despite External Shocks
...P in 2014. The Central Bank of Lebanon keeps substantial foreign assets of some $47bn which help to maintain confidence in the system – $35bn in foreign currencies and $11.9bn in gold. These reserves, together with foreign direct investment and expatriates’ remittances, provide an important bu...
Volume: 57Issue: 43Published at Fri, 24 Oct 2014 -
Morocco Budget Cuts Subsidies
...MOROCCO Morocco Budget Cuts Subsidies Pursuing its declared policy of reducing the cost of state subsidies, Morocco has announced that its 2015 draft budget will see a 34% cut in subsidies to MD23bn ($2.7bn) from MD35bn in 2014 and MD42bn in 2013. Having peaked in 2012, Morocco be...
Volume: 57Issue: 43Published at Fri, 24 Oct 2014 -
Saudi Arabia Official Crude & Products Output, Consumption And Trade Figures, August 2014 (‘000 B/D)
...Saudi Arabia Official Crude & Products Output, Consumption And Trade Figures, August 2014 (‘000 B/D) Aug-14 vs July 14 vs Aug 13 Jul-14 Jun-14 YT...
Volume: 57Issue: 43Published at Fri, 24 Oct 2014 -
Benchmark Crude Prices ($/B)
...Benchmark Crude Prices ($/B) 23-Oct 13-17 Oct 6-10 Oct Sep-14 Aug-14 Q3 2014 Q2 2014 20...
Volume: 57Issue: 43Published at Fri, 24 Oct 2014