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Russia’s budget back inside the 2% of GDP target after revenues surge in June
Russia’s budget went back into profit in May with a negligible gain, but in June revenues surged to a RUB815bn ($8.7bn) monthly surplus. That has shaved almost RUB1 trillion off the cumulative deficit and put it back inside the 2% of GDP target.
Iran’s IRGC naval wargame kicks off near disputed Persian Gulf islands
Iran’s Islamic Revolutionary Guard Corps (IRGC-N) naval forces are conducting exercises near three disputed islands in the Persian Gulf under the wargame title “Shahid (Martyr) Eshaq Dara.”
South Africa's NECSA agrees to cooperate with Russian nuclear fuel company TVEL
TVEL provides consumed nuclear fuel for Russian and international nuclear power plants (NPPs). One of every six nuclear reactors in the world operates on fuel manufactured by the ROSATOM unit.
Niger coup threatens Nigeria-Morocco 30bcm gas pipeline project
A $13bn project to build a gas pipeline connecting giant gas fields in Nigeria to Europe is threatened by the recent coup d'état in Niger.
ISTANBUL BLOG: Ordinary Turks take economic beating as media voices insist on positivity on country’s ‘new’ direction
Nagging questions such as what is the policy rate doing at 17.5% when the inflation forecast is 70% are largely ignored.
EurOil: RWE raises 2023 guidance for earnings
MEOG: KRG sticking to budget deal
DMEA: Iraq, Lebanon to renew existing oil deal
More delays looming for Mozambique LNG?
Saipem’s predictions of a July restart for Mozambique LNG have not borne fruit due to the difficulty of resolving cost disputes with TotalEnergies
Turkmenistan: Watched over by CCTVs of loving grace
Europe's elusive pipeline, Gulf investment, Korean lobbying and a new ghost town.
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