The Yemeni government has urged the international community to provide support to rebuild the country's housing sector, which has been severely damaged by the ongoing conflict.
GAZA-SABA The death toll from the Israeli aggression on the Gaza Strip since October 2023 has risen to 54,381, with 124,054 injured, according to medical sources.
U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.
Chinese Central Bank injects 125 billion yuan into the financial market
[15/05/2023 09:16]
BEIJING-SABA
The People's Bank of China (the central bank) on Monday injected funds into the financial market with a total amount of 125 billion yuan (17.93 billion US dollars) through medium-term lending facilities (MLF) and reverse repo operations.
According to the Chinese news agency (Xinhua) "the central bank also conducted seven-day reverse repos worth 2 billion yuan at an interest rate of 2 percent".
The reverse repo operations known as a "reverse repo" are operations in which the central bank purchase securities from commercial banks through bidding, with an agreement to sell them back to them in the future.