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Access unmatched monetary data, news and content material in a highly-customised workflow experience on desktop, internet and cell. Build the strongest argument relying on authoritative content material, attorney-editor experience, and industry defining technology. This 12 months, the government transferred a 4% stake in Saudi Aramco (2222.SE) price $80 billion to the PIF, which it mentioned was aimed at bolstering the fund’s financial position and excessive credit ratings. PIF’s Islamic bonds drew over $12 billion in demand, excluding curiosity from lead managers, a second bank doc adopted. On Wednesday showing inflation in September was stuck at 6.7% was additional proof of value pressures in developed economies. Previous upsurges in geopolitical anxiousness have seen a rush to perceived haven belongings such as U.S.

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StatsSA and different departments briefed Scopa on unauthorised expenditure at the National Treasury on …