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Saudi Arabia's budget deficit in the third quarter was 84 billion riyals.

2026-11-03

Saudi Arabia's budget deficit in the third quarter was 84 billion riyals.

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2026-11-03

U.S. Trade Representative Greer: U.S. President Trump has determined that the governments of Rwanda and South Africa are engaging in conduct that does not meet the eligibility criteria of the African Growth and Opportunity Act.

U.S. Trade Representative Greer: U.S. President Trump has determined that the governments of Rwanda and South Africa are engaging in conduct that does not meet the eligibility criteria of the African Growth and Opportunity Act.
2026-11-03

Reserve Bank of Australia Governor Bullock said rate increases are necessary to reduce inflation and that growth must slow and unemployment likely needs to rise further to ease price pressures. She said tightening is targeted at domestic capacity con

Reserve Bank of Australia Governor Bullock said rate increases are necessary to reduce inflation and that growth must slow and unemployment likely needs to rise further to ease price pressures. She said tightening is targeted at domestic capacity constraints and is not intended to force a recession, and that accepting some near-term pain may avoid larger pain later. Bullock noted Unemployment is still relatively low and employment remains rising, with no clear wage‑price spiral or obvious economic cracks. She cautioned the recent hikes may still be insufficient to bring inflation under control but there is not yet clear evidence; the RBA needs time to observe monetary transmission and said next year’s inflation path is largely set. Committee members preferring to hold rates have not ruled out further hikes, the bank will not provide rate guidance, and a pause‑and‑assess approach may be appropriate without ruling out additional tightening.
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