Kuwait's deputy foreign minister Khaled Jarallah
said oil exporting countries must freeze production and the market could not support a production increase from Iran, state news agency KUNA reported on Continue Reading
Not exact matches
«The good news is that the regional growth is improving for both
oil - importing and
oil -
exporting, yet the region is not fully benefiting from the improvement in the global outlook and this requires
countries in the region to pursue the reform agenda,» he
said.
In a
country that depends overwhelmingly on
oil exports for hard currency, Dos Santos had made fortunes in mobile telecoms and supermarkets, benefiting — her critics
say — from family connections, before being appointed head of Sonangol in 2016.
The North African
country is not looking for a production freeze, because, as Mustafa Sanalla, chairman of the National
Oil Corporation,
said last week: «Without a resumption of
exports we could run out of money next year.»
The Treasury Department
says a group of 15 «
oil -
exporting» nations including Saudi Arabia held a total of $ 281 billion in Treasuries in February, deposited either in the United States or in one of the 15
countries.
«The sharp decline in
oil prices represents a formidable shock on the
oil exporting countries of sub-Saharan Africa, especially in view of their strong reliance on
oil receipts for fiscal and external revenues,» an IMF spokeswoman
said in a statement.
And if we pass a bill in the Senate, reconcile it with the House, that
says we are going to invest in wind energy and solar energy and we're going to be the guys who are producing wind turbines, and we're going to be the folks who are producing solar panels on rooftops, and we're going to be the
country that is retrofitting all its homes and businesses so that we are 30 percent more energy - efficient than we are right now, that produces jobs that can't be
exported; it reduces our dependence on foreign
oil; it is good economics; it will increase our
exports — oh, and by the way, it also solves the climate problem.
Though the IMF report from December 2017
said the
country has exited its recession, tepid GDP growth forecasts and reliance on crude
oil exports make
Though the IMF report from December 2017
said the
country has exited its recession, tepid GDP growth forecasts and reliance on crude
oil exports make calls on January 25, 2018, from CBN Governor Edwin Emefiele to regulate cryptocurrencies seem tenuous.