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Nigeria: Buhari Blinks

Was it the wholly unexpected Q1 GDP contraction and imminent recession that sealed the deal? The accelerating depletion of FX reserves to a 10-year low?  Inflation jumping to a 6-year high of 13.7%? 283 more words

Macro

Boeing Shares Could Fall 15% if Sales Slow

Boeing Co’s stock could fall as much as 15% if sales of its aircraft fall on weakening demand, according to a report on Sunday in the financial publication Barron’s. 32 more words

GE announces deals worth over $1.4 billion with Saudi Arabia

DUBAI, United Arab Emirates (AP) — General Electric Co. said Monday it made a series of deals with Saudi Arabia worth more than $1.4 billion as part of the kingdom’s ambitious plan to wean itself off crude oil. 427 more words

News

Boeing Shares Could Fall 15% if Sales Slow

Boeing Co’s stock could fall as much as 15% if sales of its aircraft fall on weakening demand, according to a report on Sunday in the financial publication Barron’s. 30 more words

Business

Boeing Shares Could Fall 15% if Sales Slow

Boeing Co’s stock could fall as much as 15% if sales of its aircraft fall on weakening demand, according to a report on Sunday in the financial publication Barron’s. 100 more words

Tech

Bank of Israel to Keep Key Rate at 0.1% for 15th Straight Month

The Bank of Israel is expected to leave short-term interest rates unchanged for a 15th straight month, as policymakers appear content with the economic and inflation environment despite sluggish first quarter growth. 400 more words

Finance

Nigerian Ex-militants Call For End to Niger Delta Pipeline Attacks

Former militants have called for a halt to a resurgence of attacks on oil and gas facilities in Nigeria’s Niger Delta, saying it is an unnecessary distraction for President Muhammadu Buhari’s administration. 194 more words

International