economies
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International
Currency depreciations risk intensifying global food, energy crises
WASHINGTON-The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already…
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International
World Bank: Russian invasion of Ukraine impedes post-pandemic economic recovery in Europe and Central Asia
WASHINGTON-Russian invasion of Ukraine has dimmed prospects of a post-pandemic economic recovery for emerging and developing economies in the Europe and Central Asia region, says the World Bank’s Economic Update for the…
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International
UNWTO gets set to host first global youth tourism summit
SPAIN– The first United Nations World Tourism Organisation [UNWTO] Global Youth Tourism Summit will bring more than 130 young people from 60 countries to Sorrento, Italy, next week, giving them a unique…
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News
BoU raises CBR to 7.5 percent in June
KAMPALA– The current global inflationary pressures have forced the Bank of Uganda [BoU] to raise the Central Bank Rate [ CBR ] by 1 percentage point to 7.5 percent, from 6.5 percent…
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