Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expected move aimed at demonstrating continuity at the cartel after the shock withdrawal of the United Arab Emirates. The seven major producers will add 188,000 barrels per day to their total production quota for June amid the price […]
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Pakistan raises $500m Eurobond in return to global markets after four years
Pakistan has raised $500 million through a three-year Eurobond, marking its return to international capital markets after a four-year gap, a government adviser said on Friday, in a sign of improving investor sentiment toward the country’s economy. The issuance comes as Islamabad seeks to rebuild its presence in global debt markets following years of economic […]
Beluga whale with Russian harness raises alarm in Norway
A beluga whale found with a tight harness that appeared to be Russian made has raised the alarm of Norwegian officials and prompted speculation that the animal may have come from a Russian military facility. Joergen Ree Wiig of the Norwegian Directorate of Fisheries says “Equipment St. Petersburg” is written on the harness strap, which […]