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3 signals for Economic · Montenegro · Crisis
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🇳🇪 Niger
🇲🇪 Montenegro
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🇨🇱 Chile
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The Bank of England may know where inflation is headed, but it has a much harder time knowing where oil—and interest rates—are headed. That was the message from Bank of England policymaker Swati Dhingra on Friday, as the ongoing Middle East energy crisis continues to complicate the outlook for interest rates. "If you ask me what's my interest rate decision next month going to look like or in the future, I think that's very hard to say, because the big elephant in the room here is what happens to the energy crisis," Dhingra said during…
4.7/10 · Oil Price (Energy Intel) Global energy investment is set to jump to $3.4 trillion this year, the International Energy Agency said today, noting that the rise will be driven by countries’ efforts to address the second energy crisis in less than five years. Of the global total, $2.2 trillion is expected to be spent on electricity, including grids, storage, nuclear, wind, solar, and efficiency, the agency said, with the balance of $1.2 trillion to be poured into oil and gas, as well as coal. Interestingly, the IEA sees crude oil investment specifically declining…
4.0/10 · Oil Price (Energy Intel)