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UPDATE 1-Kuwait draft budget estimates $22.2 bln deficit, Al Dustor reports

Kuwait's draft budget for 2023-2024 estimates a deficit of 6.8 billion dinars ($22.2 billion), hit by lower oil prices and volumes, a local paper reported, citing a member of parliament. ....

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UPDATE 1-US drillers add oil and gas rigs for first time in 10 weeks -Baker Hughes

U.S. energy firms this week added oil and natural gas rigs for the first time in 10 weeks, due to the biggest weekly increase in gas rigs since October 2016, energy services firm Baker Hughes Co said in its closely followed report on Friday. ....

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South Korea vows to support credit cooperative hit by withdrawals

South Korean authorities pledged on Thursday to ensure liquidity at a local credit cooperative that has seen one of its branches hit by customer withdrawals after media reports about a rise in non-performing loans related to real estate projects. ....

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Russia's Sberbank CEO says rouble not at optimal level, needs to strengthen

German Gref, CEO of Russia's dominant lender Sberbank, on Thursday said the rouble was not at an optimal level and needed to strengthen, the RIA news agency cited him as saying. ....

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UPDATE 1-ECB's Enria wants euro zone banks out of Russia faster

The European Central Bank wants lenders to speed up their exit from Russia given the increased reputational, legal and financial risk of doing business there, supervisory chief Andrea Enria said on Tuesday. ....

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