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* Indonesia and the United Arab Emirates on Friday signed a free commerce settlement, strengthening financial ties between Southeast Asia’s largest economic system and the foremost oil producer Gulf state.
* The European Union and New Zealand on Thursday concluded negotiations on a free commerce deal which is able to take away sure tariffs, and will assist increase enterprise between the 2 buying and selling companions by 30 p.c.
* Cambodia’s famed Angkor Archeological Park acquired 59,983 overseas vacationers within the first half of 2022, up 10 occasions in contrast with the identical interval final 12 months, mentioned a press assertion on Friday.
* The Japanese authorities for the primary time in seven years requested Friday that companies and households start a three-month interval of conserving electrical energy to keep away from an influence crunch as temperatures have hit file highs throughout a scorching heatwave.
* India has imposed windfall tax on oil producers and refiners who’ve boosted product exports to achieve from larger abroad margins as the federal government seeks to extend native provide of fuels to satisfy rising demand and enhance federal revenues.
* An anticipated reshuffle of the French authorities after President Emmanuel Macron misplaced his absolute majority in parliament may happen subsequent Monday or Tuesday, the federal government spokesperson mentioned on Friday.
* Russia’s ambassador to Bulgaria mentioned on Friday she would ask Moscow to shut down its embassy within the Balkan nation after her attraction for Sofia to reverse a call to expel 70 Russian diplomatic workers was ignored.
* Ukraine has a “very clear European perspective” however the street to EU membership will take time and require onerous work, the president of the EU govt informed the nation’s parliament on Friday.
* Turkey can re-export grain merchandise from the Black Sea to international locations in want after talks with Russia and Ukraine, President Tayyip Erdogan mentioned on Friday, including he would talk about the matter with each international locations in coming days.
* The Japanese authorities mentioned on Friday it had lowered its infectious diseases-related journey advisory from “don’t make non-urgent journeys” to “journey with warning” for China, India and 32 different international locations, as dangers posed by COVID-19 infections eased.
* Russia mentioned on Friday it was ending all restrictions to fight the unfold of COVID-19, together with the requirement to put on masks, citing a gentle decline in deaths from the virus.
* Turkish President Tayyip Erdogan mentioned it was unimaginable to satisfy Greek Prime Minister Kyriakos Mitsotakis till the Greek chief “pulls himself collectively”, broadcaster NTV mentioned on Friday, amid renewed tensions between the NATO members and neighbours.
* Ukraine has severed diplomatic relations with Syria after Damascus acknowledged the independence of two self-proclaimed areas in japanese Ukraine’s Donbass, the Ukrainian Overseas Ministry mentioned Thursday.
* Ukraine started exporting electrical energy to Europe on Thursday, Ukrainian Prime Minister Denys Shmyhal mentioned.
* An off-the-cuff European Union (EU) summit might be held within the Czech capital Prague on Oct. 6-7, European Council President Charles Michel and Czech Prime Minister Petr Fiala mentioned after their assembly right here on Thursday.
* Finland and Turkey didn’t talk about the extradition of any particular people or teams of individuals throughout negotiations on the NATO summit in Madrid this week, Finnish Overseas Minister Pekka Haavisto mentioned on Friday.
* Inflation in Brazil in 2022 will exceed the official goal ceiling, with the 12 months’s value index reaching 8.8 p.c, the Central Financial institution of Brazil mentioned Thursday in its Quarterly Inflation Report.
* Sweden’s central financial institution, Riksbanken, introduced on Thursday the sharpest coverage fee (beforehand repo fee) enhance in 22 years — by 50 foundation factors to 0.75 p.c. The choice will apply from July 6.
* The central Financial institution of Greece (BoG) introduced on Thursday a downwards revision of its forecast for this 12 months’s gross home product (GDP) development, from 3.8 p.c introduced in April to three.2 p.c, the Greek nationwide information company AMNA has reported.
* Poland has signed a contract price 8.25 billion zlotys ($1.83 billion) to purchase 32 AW149 helicopters from Italian defence group Leonardo LDOF.MI, the Polish defence minister mentioned on Friday.
* The Worldwide Power Company (IEA) outlined on Thursday that nuclear energy can assist international locations in securing vitality transitions.
* Ghana’s President Nana Akufo-Addo has licensed the nation’s finance minster to start formal talks with the Worldwide Financial Fund to assist an financial program put collectively by the state, the federal government mentioned in an announcement.
* India is more likely to obtain monsoon rainfall between 94% to 106% of a long-term common in July, the state-run India Meteorological Division mentioned on Friday, essentially the most essential month for the planting of essential crops equivalent to rice and soybeans.
* Italy on Thursday up to date coronavirus heath protocols within the office, as the primary pandemic indicators within the nation proceed to rise.
* Bhutan will reopen for worldwide vacationers from September for the primary time for the reason that pandemic started, officers mentioned, because the tiny Himalayan kingdom appears to revive its economic system.
* A brand new wave of COVID-19 infections in France fuelled by rising variants of the virus ought to peak towards end-July, the French authorities’s high scientific adviser mentioned.
* Pfizer Inc PFE.N mentioned it’s in search of full US approval for its oral COVID-19 antiviral therapy Paxlovid, which is at present accessible below an emergency use authorization.
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