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BoU holds rates at 9.5% despite falling inflation, citing global risks
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BoU holds rates at 9.5% despite falling inflation, citing global risks

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda (BoU) has kept interest rates high despite falling inflation and a strong shilling, citing uncertainty about future risks. The Central Bank Rate (CBR) has remained at 9.5 per cent since August 2023, defying expectations of a cut following improved economic indicators. The rate is the ...The post BoU holds rates at 9.5% despite falling inflation, citing global risks appeared first on The Independent Uganda:.

#ECONOMY
OPEC: Oil market outlook for 2027
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OPEC: Oil market outlook for 2027

The world economy in 2027 is forecast to see continued robust growth of 3.2%, supported by a steady expansion in the major economies. This is slightly higher than the 2026 economic growth forecast of 3.1%. Among OECD economies, the US is expected to provide strong momentum to the global economic growth dynamic in 2027. The ...

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Azerbaijan gets its first-ever carbon credits in renewables
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Azerbaijan gets its first-ever carbon credits in renewables

The Hydro-3 project, covering the Mirik and Garagishlag small hydropower plants located in the Lachin district of Azerbaijan, has successfully entered the international carbon market within cooperation between SOCAR Trading and Azerenerji OJSC, marking a new achievement of historical significance for Azerbaijan's energy sector, Report informs, citing SOCAR.

#COMMODITIES
China Exports to U.S. drop 22.7% in January amid tariff impact
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China Exports to U.S. drop 22.7% in January amid tariff impact

U.S. seaports processed 6.8% fewer container imports in January compared to the same month last year, according to data released Monday by supply chain technology provider Descartes Systems Group. The decline follows an unusually strong January 2025, when U.S. companies rushed to bring in goods ahead of President Donald Trump’s tariffs, creating a record high ...

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The LDP’s landslide victory in Japan is positive for risk assets
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The LDP’s landslide victory in Japan is positive for risk assets

The LDP coalition is expected to win a super majority in the Lower House According to NHK reports, the Liberal Democratic Party (LDP) is predicted to take 273 seats and the LDP’s partner, Ishin, to take 24 seats in the Lower House, as of 23:30 pm local time. The exit polls suggested that the LDP ...

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