Oil crash a 'formidable shock' to African exporters
The Fund said it is working with the affected countries
Washington - AFP
The International Monetary Fund said Wednesday the plunge in oil prices will force significant fiscal adjustments on Africa's oil exporters.
The IMF said the 70 percent fall in crude prices over the past 18 months has been a "formidable shock" to sub-Saharan African oil exporters like Nigeria and Angola, given their heavy reliance on oil receipts in state revenues.
"While most oil producers have low levels of debt and adequate levels of reserves, the massive oil price decline makes ..
- Sunday ,02 December GMT 14:02 2018 RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fund
- Wednesday ,21 November GMT 07:59 2018 Merkel policies in focus in final debate on draft German budget
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soon
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 21:49 2017 Thursday ,06 April
HH Deputy Emir Meets CEO of Occidental Petroleum Corporation
GMT 03:53 2017 Sunday ,23 April
UN, Russia set for Syria meet without US
GMT 17:13 2016 Tuesday ,29 November
French vote: Far-right bashes frontrunner Fillon
GMT 11:50 2016 Friday ,22 January
NATO 'discussing' use of AWACS in anti-Daesh operations
GMT 14:55 2017 Friday ,28 April
Sharjah Children's Reading Festival highlights poetry role
GMT 03:24 2017 Friday ,17 November
Commander-in-Chief of AD Police, French Ambassador discuss cooperation
GMT 02:33 2017 Monday ,03 July
FARC leader being treated for stroke: hospital
GMT 00:56 2017 Saturday ,25 February
New authors added to literature festival line-up
GMT 10:39 2016 Thursday ,24 November
Germany third quarter growth confirmed
GMT 08:35 2017 Wednesday ,09 August
UAE Public Sector Drives $300m
GMT 17:14 2017 Wednesday ,19 July
Yasmine Abdel Aziz receives new offers
GMT 16:36 2017 Saturday ,07 October
"International Fatwa" launches multilingual e-platform
GMT 04:05 2017 Friday ,24 November
Angry Birds maker posts loss despite jump in sales
GMT 10:30 2017 Tuesday ,28 November
Consumer agency power struggle underscores Trump
GMT 00:36 2017 Monday ,13 March
Ivory Coast President Meets OIC Secretary-General
GMT 07:59 2018 Thursday ,11 January
Nigeria can avail Pak cooperation in various sectors: PM
GMT 20:38 2017 Wednesday ,30 August
8 civilians killed in airstrike by US-led
GMT 00:37 2017 Thursday ,13 April
UK seeks to boost trade with Oman by a billion pounds
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor