EBRD cuts growth forecast to 2.5% as Iraq oil exports slump
The EBRD has cut its 2026 growth forecast for its regions to 2.5% from 3.1% as Iraq's oil export collapse, European drought and a renewed Black Sea blockade hit output.
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The EBRD has cut its 2026 growth forecast for its regions to 2.5% from 3.1% as Iraq's oil export collapse, European drought and a renewed Black Sea blockade hit output.
Indonesia's markets have steadied since June's "Sell Indonesia" rout, but President Prabowo Subianto's twin bet on a graft crackdown and a narrower 2027 deficit has yet to win back…
The Philippines posted a record trade deficit of $31.36bn in the first half of 2026 as import growth outstripped exports.
The yen has resumed its slide against the US dollar in recent days, wiping out the effect of the Bank of Japan's interest rate increase and a rare "rate check" by the central bank
Philippine shares closed below the 5,800 level for the first time in the current sell-off as the benchmark index extended its losing run to a fourth session.
Da Nang signed a series of cooperation agreements with Silicon Valley partners to draw capital and technical expertise into artificial intelligence and semiconductors.
An extreme El Niño event could wipe at least 2% off Latin America and the Caribbean's gross domestic product over three years and push as many as 4.8mn more people into poverty by…
Jantsa’s general manager is married to an Aegean province mayor who defected to president’s ruling party.