Guinea’s bauxite exports surged 23% year-on-year in the third quarter||Guinea’s bauxite exports surged 23% year-on-year in the third quarter

Debt distress continues to weigh heavily on low-income countries. ||Debt distress continues to weigh heavily on low-income countries.

German Chancellor Friedrich Merz said on Thursday he would call for the European Union (EU) to use Russian assets frozen in the West to provide a 140 billion Euro ($163 billion) loan to Ukraine to finance its war effort at the upcoming EU summit||German Chancellor Friedrich Merz said on Thursday he would call for the European Union (EU) to use Russian assets frozen in the West to provide a 140 billion Euro ($163 billion) loan to Ukraine to finance its war effort at the upcoming EU summit

There are “significant gaps” in countries’ attempts to regulate fast-growing crypto markets, which could potentially harm financial stability, the G20’s risk watchdog warned on Thursday.||There are “significant gaps” in countries’ attempts to regulate fast-growing crypto markets, which could potentially harm financial stability, the G20’s risk watchdog warned on Thursday.

Some Indian refiners are preparing to cut Russian oil imports, with expectations of a gradual reduction, three sources familiar with the matter told Reuters, with the United States (US) pressuring New Delhi to stop buying Russian crude to help end the war in Ukraine||Some Indian refiners are preparing to cut Russian oil imports, with expectations of a gradual reduction, three sources familiar with the matter told Reuters, with the United States (US) pressuring New Delhi to stop buying Russian crude to help end the war in Ukraine

South African (SA) Reserve Bank Governor Lesetja Kganyago says SA has placed cross-border payments at the centre of its G20 Presidency agenda.||South African (SA) Reserve Bank Governor Lesetja Kganyago says SA has placed cross-border payments at the centre of its G20 Presidency agenda.