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Addis Ababa, 12 October 2023 (ECA) - Africa needs strong financial markets to unlock much needed capital to drive sustainable development on the continent, the acting Executive Secretary of the Economic Commission for Africa, Antonio Pedro, has urged.Mr. Pedro, in an address at the launch of the Absa Africa Financial Markets Index 2023, highlighted that effective financial

Treasury Secretary Janet Yellen calls on Congress to authorize more economic support for Ukraine.

(Bloomberg) -- Treasury Secretary Janet Yellen is expected to push her reform agenda for the World Bank and meet with senior Chinese officials, along with potentially discussing new ways to limit Russia’s revenue from oil sales on a nine-day international trip set to start Sunday.Most Read from BloombergThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XAlmost Anyone Can Become the House Speaker, Except Donald TrumpIt's Done. The Future

Buenos Aires — Dollarizing the Argentine economy “may sound attractive”, but “it is not the answer to the country’s problems”, according to Mark Sobel, the US…

The Russian Central Bank says it plans to begin classifying the digital ruble, the nation’s CBDC, as a “high-quality liquid asset” (HQLA). Read more!