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South Korean Finance Minister: The US midterm elections are a major turning point for the global economic and trade environment.

2026-11-06

South Korean Finance Minister: The US midterm elections are a major turning point for the global economic and trade environment.

Other News
2026-11-05

Russia's subsidies to persuade oil producers to prioritize domestic road-fuel supply rose to 415 billion rubles ($5.1bn) in October, the highest monthly level since April 2022 (450 billion rubles), the finance ministry said. The support, designed to

Russia's subsidies to persuade oil producers to prioritize domestic road-fuel supply rose to 415 billion rubles ($5.1bn) in October, the highest monthly level since April 2022 (450 billion rubles), the finance ministry said. The support, designed to offset the appeal of exports, has climbed from tens of billions in January to several hundred billion rubles as this year's conflict involving Iran pushed up global crude and product prices. Most payments go to major refiners including Rosneft and Tatneft, firms cushioning cashflows as repair refineries damaged by Ukrainian drone strikes. The government has kept bans on most diesel, gasoline and jet-fuel exports while maintaining the subsidy, further eroding Kremlin energy revenue.
2026-11-06

Banxico board said keeping the policy rate at its current level for an extended period would help inflation converge to its target.

Banxico board said keeping the policy rate at its current level for an extended period would help inflation converge to its target.
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