Pre-Trading Thoughts

*Key news articles for today* The OECD sees that phasing out the country’s broad-based energy subsidies to, eventually, reflect global energy prices is a must, adding that fully phasing out subsidies both for electricity and natural gas would help address inefficiencies in electricity use in manufacturing, transport, and logistics, which account for nearly 40% of domestic power demand. Sources at the Ministry of Electricity estimated the arrears of foreign companies operating in the s...