Latest news with #price stability
LBCI
18-07-2025
- Business
- LBCI
G20 nations agree central bank independence 'crucial': Finance ministers' statement
G20 nations said on Friday that the independence of central banks is crucial to achieving price stability in the face of geopolitical and trade tensions. "Central banks are strongly committed to ensuring price stability, consistent with their respective mandates, and will continue to adjust their policies in a data-dependent manner," the grouping said in a joint declaration after finance ministers' meeting in South Africa, which holds the rotating presidency of the bloc.
Yahoo
12-07-2025
- Business
- Yahoo
Why big global events aren't impacting the price of oil the way they used to
Since the world climbed out of the worst of the pandemic, the price of oil has been unusually stable. In fact, 2024 marked one of the most stable years for oil prices in decades. The trend has continued into 2025, and that's despite Donald Trump's disruptive tariffs, and wars in the Middle East and Ukraine. CBC Calgary's Rob Brown explains why we're seeing price stability instead of volatility. (Photo credit: The Canadian Press)
Arab News
11-07-2025
- Business
- Arab News
Pakistan tenders to buy 300,000 to 500,000 metric tons of sugar
HAMBURG: Pakistan's state agency, the Trading Corporation of Pakistan (TCP), has issued an international tender to purchase and import 300,000 to 500,000 metric tons of white refined sugar, European traders said on Friday. The deadline for submission of price offers is July 18. On July 8, Pakistan's government had approved plans to import 500,000 tons of sugar to help maintain price stability. Market analysts said that retail sugar prices in the country have risen sharply since January. The sugar is sought from worldwide origins, packed in bags with a minimum offer of 25,000 tons permitted. The TCP reserves the right to purchase more or less than the tender volumes, traders said. Shipment is sought in a series of consignments loading in August. The entire volume purchased must arrive in Pakistan by September 30.
