Economic

The global economy is facing a growing storm of corporate debt distress, as the number of bankruptcies of large companies is accumulating at the second fastest pace since 2008, according to data compiled by "Bloomberg".

 

Billionaire Elon Musk announced that the network "Twitter", which he bought for 44 billion dollars in October 2022 lost almost half of its advertising revenue

 

The food and Agriculture Organization of the United Nations (FAO) World Price Index fell in June to its lowest level in more than two years, driven by the falling cost of sugar, vegetable oils, cereals and dairy products.

 Saudi Energy Minister Prince Abdulaziz bin Salman said that Saudi Arabia is no longer the" likely producer", but OPEC+ plays this role, stressing the continuation of facing the challenges facing the energy markets.

 

The Chinese government is tightening its measures on exports of two main materials used in the manufacture of computer chips.

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