World Economy Search from date US trade deficit increases 5.4% in October 7 December 2022 Saudi Arabia, China to seal $29.3B deals during Saudi-Chinese summit 7 December 2022 Saudi Arabia cuts January crude prices to Asian buyers 6 December 2022 OPEC+ decides to maintain oil output targets, keep policy unchanged 4 December 2022 G7, EU, Australia agree to $60 pb price cap on Russian crude 4 December 2022 Fed to slightly inch up interest rates starting December 1 December 2022 QatarEnergy seals deal to supply 2M tons of LNG annually to Germany 30 November 2022 Saudi Arabia extends $1B to support Yemen’s reform program 27 November 2022 Turkey in final stage talks over getting $10B funding from Qatar 27 November 2022 OPEC+ to consider market conditions at upcoming meeting in December 27 November 2022 Ukraine, allies launch $150M grain export plan to aid vulnerable nations 27 November 2022 Saudi Arabia’s merchandise exports surge 31% YoY in September 24 November 2022 EU may apply €275 cap on gas prices starting 2023 23 November 2022 Cryptocurrency market loses $1.4T in 2022 22 November 2022 World trade barriers could cost global economy $1.4T: IMF Chief 21 November 2022 FIFA World Cup Qatar kicks off with 2.95M ticket sales 21 November 2022 Kuwait’s budget deficit down 72.2% in FY 2021/2022 21 November 2022 EIB to support IFAD’s global food security program with €500M loan 15 November 2022 US’ annual inflation rises 7.7% in October 10 November 2022 Saudi Arabia weighs funding options for $500B Neom 10 November 2022 Arab Coordination Group promises $24B financing to face climate change 9 November 2022 Kuwait pledges to reach full carbon neutrality by 2060 8 November 2022 Saudi Arabia to allocate $2.5B to Middle East Green Initiative 8 November 2022 China’s current account records $310.4B surplus in 9 months 6 November 2022 Saudi Arabia studies launch of new mining stock exchange index 6 November 2022 Bank of England ups interest rates by 75 bps 3 November 2022 Turkey records worst inflation in over 24 years 3 November 2022 GCC central banks raise interest rates by 50-75 bps 3 November 2022 Fed hikes interest rates by 75 bps 3 November 2022 Russia resumes participation in deal allowing Black Sea’s grain export 2 November 2022 More