Saudi Arabia's Central Bank announced Wednesday it slashed the repurchase agreement (repo) rate by 50 basis points to 5.50 percent, and the reverse repo rate by 50 basis points to 5.00 percent. A statement from the bank said the move comes in line with its goal of maintaining monetary stability. Source: Qatar News Agency
EU Appoints Ilze Brands Kehris as New Special Representative for Human Rights
Brussels:The Council of the European Union has appointed Ilze Brands Kehris, a Latvian national, as the new EU Special Representative