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S&P upgrades Cyprus’ credit rating

The upgrade of the credit rating of the Republic of Cyprus by one notch, from "BBB-" to "BBB" was announced by the relevant decision published last night, Friday, September 2, 2022, by the international credit rating...

Egypt’s economic needs increase the urgency of a deal with the IMF

Egypt's struggle to win back investors in local debt is increasing the urgency of the government's deal with the International Monetary Fund. With external capital markets almost closed, the lack of demand has shut down one of...

Welt: The day after the Nord Stream shut down in Germany

It is not certain when gas will flow through Nord Stream 1 again, Welt notes. But Germany is braced for a disruption, authorities and the government say. And storage facilities should also continue to...

Welt: The natural gas levy imposed by the German Ministry of Economics is full of mistakes

Economy Minister Robert Habeck's gas levy is riddled with errors, according to Welt am Sonntag, which has information showing interest groups were very active in creating the regulation. On the other hand, according to the same publication,...

USA: The Biden administration is considering limiting US investment in Chinese technology

The Biden administration is considering moves to curb U.S. investment in Chinese tech companies amid rising tensions between the U.S. and China, according to people with knowledge of the matter, cited by Bloomberg. The investment...

Kyiv says it is ‘ready’ to expand its energy exports to Germany

Ukraine wants to support Germany on its path to independence from Russian energy supplies by providing nuclear power. "Currently, Ukraine exports its electricity to Moldova, Romania, Slovakia and Poland. But we are quite ready to expand our...