Arkadag Berdimuhamedov is on a working visit to the UAE - News Central Asia (nCa) newscentralasia.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newscentralasia.net Daily Mail and Mail on Sunday newspapers.
Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) Haitham Al Ghais predicted a 23% surge in energy demand by the year 2045. This projection considers the anticipated growth in the global economy, as well as the expected population increase. During a meeting of G20 energy ministers in India, Al Ghais emphasized the necessity of investing in energy transitions with a comprehensive approach that benefits all people, all types of fuels, and all technologies.
Türkiye has raised the euro-lira conversion rate for medicine prices by 30.5% to 14.0387 lira per euro, the country's Official Gazette showed on Sunday. The updated conversion rate is nearly half the market rate, with the lira standing at 29.9727 against the euro at Friday's close, Reuters said. The increase in medicine prices could further stoke inflation, which is already expected to rise more this year due to the lira's depreciation and recent tax hikes introduced by Ankara. Economists are revising their end-2023 inflation forecasts to around 60% from 38.21% in June.
OPEC celebrates 60th anniversary in Baghdad iraqinews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iraqinews.com Daily Mail and Mail on Sunday newspapers.
Three words sum up the recent ministerial meeting of OPEC+: Predictability, transparency, and stability. The Organization of the Petroleum Exporting Countries and its 13 allies, known as OPEC+, had surprised markets with a voluntary cut of around 1.5 million barrels per day in April this year, which failed to achieve the desired result as New York oil futures were down 11