[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-253905-105":53,"doc-detail-253905-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","weekly-global-economic-round-up-market-report-13-february-2023","Weekly Global Economic Round-up - Market Report - 13 February 2023","","Weekly Global Economic Round-up market report dated 13 February 2023 reviews major geopolitical and economic developments shaping trade, supply chains and domestic policy. It highlights the G7-Australia agreement on a Russian crude oil price cap, and New Zealand’s earthquake-related humanitarian response and expected supply-chain effects. It summarizes domestic changes to minimum wages, Indo-Pacific Economic Framework negotiations, UK departmental restructuring, and Canada’s critical minerals and fall economic statement priorities.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":51,"@type":70,"position":76},"https://docshare.wps.com/template/general/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/weekly-global-economic-round-up-market-report-13-february-2023/253905/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/weekly-global-economic-round-up-market-report-13-february-2023/253905.png","ImageObject",442,249,{"name":88,"@type":89},"Noah","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-09-20","2026-09-13",true,{"@type":98,"interactionType":99,"userInteractionCount":76},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What agreement did the G7 and Australia reach regarding Russian crude oil?","Question",{"text":108,"@type":109},"They agreed on a price cap for Russian crude oil with two petroleum price levels, including a premium-to-crude level for products like kerosene and gasoline and a discount-to-crude level for products like fuel oil. The countries established this as the Price Cap Coalition.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"How will New Zealand’s minimum wage change and when will it take effect?",{"text":113,"@type":109},"The minimum wage will increase by $1.50 to $22.70 per hour, applying from 1 April 2023. Training and Starting-Out minimum wage rates will remain at 80% of the adult minimum wage.",{"name":115,"@type":106,"acceptedAnswer":116},"What major topics were covered in the Indo-Pacific Economic Framework negotiations?",{"text":117,"@type":109},"The negotiations, held 8–11 February 2023 in New Delhi, focused on future-focused issues such as strengthening the resilience of supply chains, accelerating action toward a clean economy, and upholding principles of a fair economy.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},253905,1789271687,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":50,"category_name":51,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":76,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":135,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":125,"read_time":73},8796095462418,"https://ap-avatar.wpscdn.com/avatar/80000253c1241d02b47?x-image-process=image/resize,m_fixed,w_180,h_180&k=1778826106357471780","Weekly Global Economic Round-up  \nMARKET REPORT  \n13 February 2023  \nHighlights  \n The G7 and Australia have reached an agreement on a price cap on Russian crude oil in response to the ongoing Russian invasion in Ukraine. They have set two price levels for petroleum, a “premium-to-crude” petroleum price level which is for products like kerosene and gasoline set at 100 U.S dollar per barrel, and a “discount-to-crude” price level set at 45 U.S. dollars for products like fuel oil. The Australia, Canada, the European Union, Germany, Italy, Japan, the United Kingdom and the United States have established this agreement as the Price Cap Coalition.  \n New Zealand contributes $4.5 million to recovery efforts, following the earthquakes in Türkiye and Syria on 6 February. Over 13 million people have been affected, while the death toll has surpassed 33, 000 and continues to rise. New Zealand has contributed $4 .5 million in humanitarian assistance and two Fire and Emergency New Zealand specialists to the earthquake response (working remotely from New Zealand) . This earthquake is expected to impact global supply chains as one major port in Türkiye has collapsed and other operations may be impacted by power outages.  \n Foreign Minister Nanaia Mahuta was in India 6-10 February.  \nMahuta met with the Vice President of India, Hon Jagdeep Dhankar and her Indian Government counterparts, External Affairs Minister S. Jaishankar and Tribal Affairs Minister Arjun Munda. Minister Mahuta travelled to New Delhi and then to Mumbai to promote New Zealand’s education, trade and tourism interests.  \nRegional updates  \nDomestic  \n The minimum wage will increase by $1.50 to $22.70 per hour. The increase will apply from 1 April 2023. The Training and Starting-Out minimum wage rates will remain at 80% of the adult minimum wage. It is estimated that an increase in minimum wage of 7% will have a minor inflationary impact of 0.1% on the wages portion of GDP.  \nGlobal  \n The most recent round of Indo-Pacific Economic Framework (IPEF) negotiations (8  \n– 11 February 2023) took place in New Delhi. The negotiation round was an opportunity for officials across the grouping of 14 countries to negotiate on futurefocused issues, like shoring up the resilience of supply chains; accelerating action towards a clean economy; and upholding key principles of a fair economy.  \nEurope  \n Prime Minister of the United Kingdom Rishi Sunak has created 4 new government departments including a new Department for Business and Trade. This new department will be led by former Trade Secretary Kemi Badenoch. The other three departments (which are reshaped from pre-existing entities) are Department for Energy Security and Net Zero headed up by Grant Shapps; a new Department for Science, Innovation and Technology (including online safety) to be headed up by former Culture Secretary Michelle Donelan, and changes to the Department for Culture, Media and Sport (which no longer includes digital issues) to be led by former Housing Minister Lucy Frazer.  \nAmericas  \n In early December 2022, the Government of Canada published its Critical Minerals Strategy, summarising its future approach to further mining and exporting of critical minerals, and the reasons why it is in Canada’s interests to do so. It describes critical minerals as “the building blocks for the green and digital economy”and outlines five objectives it aims to deliver: supporting economic growth, competitiveness and job creation; promoting climate action and environmental protection; advancing reconciliation with Indigenous Peoples; fostering diverse and inclusive workforces and communities; and enhancing global security and partnership with allies.  \n On 3 November 2022, Canadian Deputy Prime Minister and Minister of Finance Chrystia Freeland gave an address to the House of Commons introducing the 2022 Fall Economic Statement. The 96 page document was described by Freeland as “focused on building an economy that works for everyone","cbCair1vP9mdRNic","https://ap.wps.com/l/cbCair1vP9mdRNic","pdf",340327,6,"English","# Highlights\n## Market impacts and policy moves\n# Regional updates\n## Domestic\n## Global\n## Europe\n## Americas\n# Market Reports released this week\n# Feedback\n# External links","[{\"question\":\"What agreement did the G7 and Australia reach regarding Russian crude oil?\",\"answer\":\"They agreed on a price cap for Russian crude oil with two petroleum price levels, including a premium-to-crude level for products like kerosene and gasoline and a discount-to-crude level for products like fuel oil. The countries established this as the Price Cap Coalition.\"},{\"question\":\"How will New Zealand’s minimum wage change and when will it take effect?\",\"answer\":\"The minimum wage will increase by $1.50 to $22.70 per hour, applying from 1 April 2023. Training and Starting-Out minimum wage rates will remain at 80% of the adult minimum wage.\"},{\"question\":\"What major topics were covered in the Indo-Pacific Economic Framework negotiations?\",\"answer\":\"The negotiations, held 8–11 February 2023 in New Delhi, focused on future-focused issues such as strengthening the resilience of supply chains, accelerating action toward a clean economy, and upholding principles of a fair economy.\"}]","Weekly Global Economic Round-up - Market Report - 13 February 2023 | PDF"]