Indonesia’s 2022 oil lifting miss target, hopes stalled projects to resume

By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) -Indonesia said on Wednesday it missed oil and gas production targets last year but expects long-stalled gas projects, the Indonesia Deepwater Development (IDD) and Masela gas blocks, to resume development soon. The Southeast Asian country, which aims to boost its crude oil lifting to 1 million barrel per …

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China’s Xi says COVID containment still under stress – state media

BEIJING (Reuters) – China’s President Xi Jinping said the country’s COVID-19 prevention and control is still going through a time of stress but the light is ahead, state media CCTV reported on Wednesday. Xi said there is a need to expand medical resources, increase supply of medical services and the availability of medicines, CCTV reported. …

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Lavrov dice que Rusia y China están alerta ante los “juegos” occidentales

MOSCÚ, 18 ene (Reuters) – El ministro de Relaciones Exteriores ruso, Sergei Lavrov, dijo el miércoles que Estados Unidos está intentando “contener” tanto a Rusia como a China con la ayuda de otros países, pero que estos están alerta ante sus “juegos”. Lavrov declaró en rueda de prensa que Occidente ve a ambos países como …

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Irish finance minister sees inflation falling ‘quite quickly’ in 2023

DUBLIN (Reuters) – Inflation in Ireland appears to have peaked and should fall “quite quickly” across the remainder of the year, Finance Minister Michael McGrath said on Wednesday. Irish inflation fell on a month-on-month basis for the first time in almost a year in December after averaging 7.8% in 2022, data showed this week. McGrath’s …

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UniCredit CEO says ‘we’ll see’ when asked about Monte dei Paschi -CNBC

MILAN (Reuters) -UniCredit Chief Executive Andrea Orcel on Wednesday did not rule out the Italian bank reassessing a potential acquisition of Monte dei Paschi di Siena in the future, after talks collapsed in 2021. Monte dei Paschi is 64% owned by the Italian state, which needs to eventually cut its stake to meet re-privatisation commitments …

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Marketmind: Japan hesitates

A look at the day ahead in U.S. and global markets from Mike Dolan. Judging by Wednesday’s reaction, world markets reckon Japan will eventually abandon its ultra-loose monetary policy despite a stubborn doubling down this week – and overseas ructions may be less than feared. After weeks of speculation, the Bank of Japan left its …

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DAVOS-Villeroy del BCE dice que sigue batalla contra inflación y orientación de tasas está vigente

DAVOS, Suiza, 18 ene (Reuters) – El Banco Central Europeo aún no ha ganado la batalla contra la inflación, por lo que sus previsiones de fuertes subidas de tasas de interés en los próximos meses siguen siendo válidas, declaró el miércoles el presidente del banco central francés, François Villeroy de Galhau. El BCE ha subido …

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