A surge in African swine fever infections in China is set to reduce hog output later this year, farm managers and analysts said this week, pushing up prices in the world’s top pork consumer as demand recovers.
The price of beef (fresh, chilled or frozen) exported by Brazil mainly to China in the first week of February maintained the downward trend of the last eight months, but, according to analysts, the trend now is for prices to recover in the rest of the year, although to levels lower than those observed in June.
Following a surprise rise in UK consumer prices, the Bank of England is expected to increase interest rates for an 11th consecutive. Analysts think an increase in the Bank rate from 4% to 4.25% is the most likely outcome of the Monetary Policy Committee Thursday meeting later.
Former British Prime Minister Boris Johnson on Tuesday acknowledged that he provided false information to Parliament about government parties that were held in violation of COVID-19 restrictions. However, Johnson insisted that he did not intentionally mislead Parliament about the parties.
Leaders will gather this week in New York City for a landmark United Nations conference, an event expected to focus on the rising toll of the climate crisis and the effort to provide clean drinking water to a global population of over 8 billion.
The Inter American Development Bank, IDB, president Illan Goldfajn and Uruguay's Economy and Finance Minister Azucena Arbeleche signed a US$ 145 million loan agreement for the Program to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis
China's economic rebound has been confirmed by a surge in market demand for short-term funds, with liquidity becoming tighter in the inter-banking system, according to the country's financial market data tracker gelonghui.com.
Pobjoy Mint has announced a brand-new 2023 two-pound coin series issued on behalf of the British Antarctic Territory. The six-coin series will feature the Antarctic glaciers named after planets of the solar system starting with the Mars Glacier.
United Nations Secretary-General António Guterres said Monday in a recorded appearance before a UN Intergovernmental Panel on Climate Change (IPCC) that in order to avoid a climate catastrophe, carbon emissions must be halved by 2030 because the climate bomb is ticking.
Russian President Vladimir Putin and his Chinese counterpart Xi Jinping held an informal meeting Monday in Moscow. The Chinese leader is on a state visit.