Opec oil producers announce surprise cut in output
Economists warned that higher oil prices could make it harder to bring down the cost of living.
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Economists warned that higher oil prices could make it harder to bring down the cost of living.
Average rents in the Emirate rose by more than a third last year as soaring demand outstripped supply.
Average rents in the Emirate rose by more than a third last year as soaring demand outstripped supply.
North korea test fires two ballistic missiles into the sea of japan. south korea calls it a grave provocation. the head of the world trade organization has warned against protectionism between major trading powers. it comes after europe unveiled a new policy to support its green industry, pitching itself against the us, which has offered billions of dollars in subsidies and tax credits for those building its green infrastructure. ngozi okonjo—iweala was speaking to our business correspondent — sameer hashmi. first of all let me say that of course protectionism is not something we like at t...
About an hour. the reopening of china, the world's biggest energy consumer, has raised the prospects of higher oil demand. but opec, the group that accounts for 40% of the world's oil supply, says it has no plans to increase the rate of production. in fact, russia announced last week it would be cutting production from next month. in an exclusive interview, the bbc�*s sameer hashmi spoke to the uae's energy minister, and began by asking him if his country was prepared to step up. we have all collaborated with almost all the agencies that are looking at the market. and we are then making the ...