The Bank of Japan raised its interest rate by 25 basis points to 0.75% on Friday, marking its highest level in 30 years, following a two-day monetary policy meeting. This move is the second interest rate hike this year, after the one in January, and the first under Prime Minister Sanai Takayachi's tenure, who has called for an expansionary fiscal policy while maintaining monetary ease. The increase comes as part of the central bank's recent steps towards normalizing monetary policy after ending its negative interest rate policy in March 2024. The yen has seen a sharp decline since Takayachi took office due to market concerns over the country's economic outlook.
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
Oran - Several provinces in the west of the country witnessed, today Sunday, the organization of historical and scientific activities and honors on the occasion of commemorating the seventieth anniversary of the founding of the General Union of Algerian Traders and Artisans, coinciding with September 13, 1956, during which the role played by traders and artisans in supporting the liberation revolution and contributing to the construction of the national economy after independence was recalled, in addition to emphasizing the need to keep pace with current economic transformations.
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