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Kenya, Tanzania take hit from Suez Canal disruption

Vessels have been avoiding key maritime routes as a result of the Houthi rebels attacks. ....

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The Five Horsemen Of Deflation Are Returning

The Five Horsemen Of Deflation Are Returning
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Israeli Blockade of Gaza Strip Since 2007 Destroys Enclave's Economy

The Israeli blockade of the Gaza Strip since 2007 has caused a fall in real GDP per capita and a sharp increase in unemployment across the enclave, a report by the UN Conference on Trade and Development showed on Wednesday. ....

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Global economy slows on low trade, inflation

Rising interest rates, weakening currencies and sluggish export growth have combined to squeeze the fiscal space for essential needs. ....

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unctad: UNCTAD expects global economic growth for 2023 to slow down to 2.4%

The UN Conference on Trade and Development (UNCTAD) expects global economic growth to decelerate to 2.4% in 2023, meeting the criteria for a global recession. The report calls for a change in policy direction, including by leading central banks, to avert a lost decade. It highlights divergent post-pandemic recovery, with some economies demonstrating resilience while others face challenges. ....

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