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Global equities rise, gold falls after Russia avoids default
Global equity markets gained on Friday after traders cheered a Russian bond payment that averted a historic sovereign default, while gold prices dropped as demand for the safe-haven metal eased following the start of the U.S. interest rate hike cycle.
U.S. to provide Stryker army company to NATO battlegroup in Bulgaria
The United States has agreed to provide a Stryker mechanized infantry company for Bulgaria's battlegroup under NATO's drive to bolster its eastern flank after Russia's invasion of Ukraine, Bulgarian Prime Minister Kiril Petkov said on Saturday.
European stocks post their best week since November 2020
European shares rose on Friday adding to the strong gains earlier this week, as investors focussed on Russia-Ukraine peace negotiations and digested the talks between U.S. President Joe Biden and Chinese counterpart Xi Jinping.
Dhamen Express / SME: Agreements signed between SOTUGAR and partner banks
The operation of the mechanism of guaranteeing credits to small and medium-sized enterprises "Dhamen Express" of the Tunisian Guarantee Company (SOTUGAR), has been the subject of agreements signed between the company and local banks.
Fitch Ratings downgrades Tunisia to ‘CCC’
Fitch Ratings has downgraded Tunisia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC' from 'B-'.