European-brokered efforts to revive the Iran nuclear deal are likely resume following US President Joe Biden’s visit to the region this month, after an intense round of talks in Doha failed to overcome differences.
The European Union is working on new sanctions to target Russian gold, matching a move by the Group of Seven nations aimed at further choking off Moscow’s revenue sources, according to people familiar with the matter.
Japan’s Government Pension Investment Fund said Friday that it’s been selling Russian assets since March following the invasion of Ukraine, marking down some values to almost zero in the process.
The United Arab Emirates increased petrol prices for the fifth time this year, further widening a gap with other oil producers in the region who subsidize fuel.
Kenya’s economic growth decelerated less than forecast in the first quarter, buoyed by the financial services and public administration industries.
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