1.50% is the new borrowing cost for China’s seven-day reverse repos, part of the largest stimulus package since the pandemic, announced by the People’s Bank of China.
14.7 billion Reais investment by Microsoft over three years for cloud, AI infrastructure, and training 5 million people in Brazil.
471 South African government officials are currently on paid suspension, an increase from 417 reported a year ago.
$5 billion will be invested by Saudi Arabia into Egypt’s economy, as announced by the cabinet.
$100 crude target abandoned by Saudi Arabia to regain market share, according to the Financial Times.
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