Category Archives:
Pakistan central bank hikes policy rate by 250bps to 12.25% in emergency meeting
By Gibran Naiyyar Peshimam and Asif Shahzad ISLAMABAD (Reuters) -Pakistan's central bank raised its policy rate by 250 basis points to 12.25% in an emergency meeting on Thursday, the bank said in a st...
Apr 07, 2022
U.S. EPA to announce decisions for 36 refineries seeking biofuel blending waivers
NEW YORK (Reuters) - The U.S. Environmental Protection Agency on Thursday will announce decisions on 36 refineries that are seeking exemptions to biofuel blending mandates, according to a government n...
Apr 07, 2022
EU approves French scheme to support companies hit by Ukraine war
(Reuters) - The European Commission on Thursday approved a French scheme to provide up to 155 billion euros ($169 billion) in liquidity support to companies hit by the economic impact of the war in Uk...
Apr 07, 2022
Russia’s central bank says it will stop buying gold at a fixed price
(Reuters) - Russia's central bank said on Thursday that due to a "significant change in market conditions" it would buy gold from commercial banks at a negotiated price from April 8. On March 25, the ...
Apr 07, 2022
U.S. House approves $55 billion in new COVID-19 aid for restaurants, other hard-hit firms
WASHINGTON (Reuters) - A majority of the U.S. House of Representatives on Thursday voted to approve a $55 billion COVID-19 aid bill aimed at helping restaurants and other businesses that continue to s...
Apr 07, 2022
Venezuela growth could hit 20% this year, Credit Suisse says: ‘Not typos!’
CARACAS (Reuters) - Venezuela's economy could surge 20% this year, investment bank Credit Suisse said in a report, sharply hiking its previous forecast of 4.5% due to growing demand for its crude sinc...
Apr 07, 2022
Greek PM warns of populism if Europe fails to tackle energy crisis
ATHENS (Reuters) - Greek Prime Minister Kyriakos Mitsotakis urged Europe on Thursday to quickly find a way to address soaring gas and power prices, which have dented household income, or risk seeing t...
Apr 07, 2022
IMF, Lebanon reach staff-level funding deal, subject to reforms
BEIRUT (Reuters) - The International Monetary Fund (IMF) said on Thursday it had reached a staff-level agreement with Lebanon for a four-year extended fund facility that would however only get full ap...
Apr 07, 2022
U.S. House Speaker Pelosi tests positive for COVID -spokesman
By Rami Ayyub WASHINGTON (Reuters) - U.S. House of Representatives Speaker Nancy Pelosi has tested positive for COVID-19 and is currently asymptomatic, her spokesman said on Thursday. The Democratic l...
Apr 07, 2022
Russia, facing default risks, says will do all possible to pay creditors
(Reuters) - Russia will do everything to make sure its creditors receive their money, Finance Minister Anton Siluanov said on Thursday, a day after the country edged closer to a potential default on i...
Apr 07, 2022
Peoria, IL, USA
57 °F Sunny
