Category Archives:
World Bank sees economies reducing dependence on Russia for energy, on China for supply chains
By Andrea Shalal WASHINGTON (Reuters) - World Bank President David Malpass on Wednesday said he expects a "strong effort" by major economies to reduce their dependence on Russia for energy supplies an...
Apr 20, 2022
ASML boss says “zero” signs of easing demand from semiconductor manufacturers
AMSTERDAM (Reuters) - There is no sign of any slackening in demand from semiconductor manufacturers amid the global computer chip shortage, the chief executive of key equipment supplier ASML Holding N...
Apr 20, 2022
‘Panicked’ Russians withdrew $9.8 billion in FX from banks in March
(Reuters) - Russian households withdrew foreign currency worth $9.8 billion from their accounts in March and banks cut new corporate lending by around one third, the central bank said on Wednesday, as...
Apr 20, 2022
Russia tweaks tax code to make it easier for foreign firms to pay in roubles
(Reuters) - Russian lawmakers on Wednesday passed an amendment to the tax code that they said would make it easier for foreign companies to open accounts with Russian banks and pay for Russian gas and...
Apr 20, 2022
U.S. crude stocks drop sharply, fuel inventories down – EIA
(Reuters) - U.S. crude stocks, gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories fell by 8 million barrels in the week ende...
Apr 20, 2022
Diamond miner De Beers returns to Angola after ten-year absence
LUANDA (Reuters) -Diamond miner De Beers has signed two mineral investment contracts with the Angolan government, the Anglo American subsidiary said on Wednesday, in a return to the southern African c...
Apr 20, 2022
Pekin’s finest compete to bring in blood donors
PEKIN, Ill. — Pekin's “Battle of the Badges” blood drive returns to City Hall on Wednesday. The competition pits the Tazewell County Sheriff's Office, Pekin Police Department, and Pe...
Apr 20, 2022
IMF’s Georgieva says China should stimulate consumption as lockdowns mount
WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday that China should use fiscal space to stimulate consumption as it faces an economic slowdown...
Apr 20, 2022
Russia to update its strategy in World Trade Organization amid sanctions, says Putin
(Reuters) - Russian President Vladimir Putin said on Wednesday that "illegal" restrictions on Russian companies by Western states ran counter to World Trade Organization rules and told his government ...
Apr 20, 2022
Yellen tells Indonesian finance minister: ‘No business-as-usual’ for Russia
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen told her counterpart from Indonesia that there will be no "business-as-usual" for Russia in the global economy given its invasion of Ukraine...
Apr 20, 2022
Peoria, IL, USA
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