(Bloomberg) -- Saudi Arabia will need a higher oil price than previously thought this year as the OPEC+ leader spearheads the group’s production cuts...
-- Saudi Arabia will need a higher oil price than previously thought this year as the OPEC + leader spearheads the group’s production cuts, according to the International Monetary Fund .Riyadh will require an average oil price of $96.20 a barrel to balance its budget, assuming it holds crude output steady near 9.3 million barrels a day this year, the Washington-based Fund said in its regional economic outlook on Thursday.
Neom is also planning a debut riyal bond sale later this year as it looks for more sources of funding, Bloomberg reported this week. House hearing turns into chaos as Republican chairman challenged over Biden ‘corruption’ smear: ‘No, you need therapy!’Trump loses bid to halt Jan. 6 lawsuits while he fights criminal charges in the 2020 election case
OTTAWA — Canada's wealthiest individuals and corporations will soon pay taxes on a larger share of the capital gains they earn, a change that economists say will make the tax system more efficient, despite pushback from business groups. The federal budget presented Tuesday proposes taxing two-thirds rather than one-half of capital gains — which refers to profit made on the sale of assets.
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