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John Baffes

John Baffes
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Macquarie Profit Misses Estimates as Commodities Unit Weighs

(Bloomberg) Macquarie Group Ltd.’s earnings missed estimates as a plunge in profit from its commodities and global markets business dragged on the Australian firm’s performance.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaIn Jamie Dimon's America, the Stock Market Has Alread

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IMF highlights Ethiopia s Economic Outlook and challenges

IMF highlights Ethiopia s Economic Outlook and challenges
capitalethiopia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalethiopia.com Daily Mail and Mail on Sunday newspapers.

Energy prices to stay high

Businesses and other consumers may have to contend with high energy prices at least until next year. It is unlikely, however, that Barbados and other countries will have to contend with an energy price shock reminiscent of the one experienced in the 1970s. An International Monetary Fund (IMF) team of Andrea Pescatori, chief of the Commodities Unit, economist Martin Stuermer, and senior economist Nico Valckx, expected that “prices will revert …

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