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Observatory : Two thirds of Tunisians do not have bank account
Two thirds of Tunisians do not have a bank account, president of the Observatory of Financial Inclusion Abdelatif Hedia said Monday, stressing that access to a bank account remains an obstacle for a large segment of the population.
Abu Dhabi crown prince says UAE keen on energy security, global markets balance
Abu Dhabi's Crown Prince spoke with Azerbaijan's president about the global energy market in light of the Ukraine crisis, and stressed that the UAE is keen on energy security globally and the stability and balance of energy markets, state news agency WAM reported on Tuesday.
European stock markets: Banks raise stocks after a lackluster start to the week
European shares rose on Tuesday, boosted by gains in banks on prospect of aggressive interest rate hikes following hawkish comments by U.S. Federal Reserve Chair Jerome Powell.
Fed policymakers lean into bigger rate hikes to fight inflation
Federal Reserve officials are doing little to downplay rising market expectations the U.S. central bank will raise interest rates by half a percentage point in May to curb the surge in inflation, but they also are not dispelling fears the tightening cycle could blow a hole in the economy and labor market.
Rouble steadies near 104 vs dollar, volatile OFZ bonds resume trading
The Russian rouble steadied near 104 to the dollar on Monday and OFZ treasury bonds returned to trading, albeit in a volatile fashion, while investors kept an eye on Russia's ability to service state debt and pay the coupon on its Eurobond.