Category Archives:
Georgia says it will lose over $1 billion because of Ukraine
(Reuters) - Georgia is likely to lose $1.0 billion to $1.2 billion in economic output owing to Russia's military intervention in Ukraine and fall short of its 6% growth target, the head of parliament'...
Mar 25, 2022
Ukraine crisis likely to slow global economic growth, Yellen says
WASHINGTON (Reuters) - The Russia-Ukraine crisis is driving up commodities prices and is likely to reduce prospects for global growth in the coming year, U.S. Treasury Secretary Janet Yellen warned on...
Mar 25, 2022
U.S. plans to close, scale back four immigrant detention centers, document shows
By Ted Hesson and Mica Rosenberg WASHINGTON (Reuters) - U.S. Immigration and Customs Enforcement (ICE) is planning to close a troubled detention center in Alabama and will significantly scale back the...
Mar 25, 2022
U.S. equity funds post biggest weekly inflow in six weeks
(Reuters) - U.S. equity funds witnessed big inflows in the week to March 23 as markets focused on a Federal Reserve rate hike and Russia's avoidance of a bond default. U.S. investors purchased equity ...
Mar 25, 2022
Amazon workers in New York begin voting in union election
By Danielle Kaye and Doyinsola Oladipo NEW YORK (Reuters) - Amazon.com Inc workers at the company's JFK8 Staten Island warehouse started casting ballots on Friday on whether to form a union as labor o...
Mar 25, 2022
Brazil’s inflation rises to highest level in 7 years for mid-March
By Marcela Ayres BRASILIA (Reuters) - Inflation in Brazil grew more than expected in the month to mid-March, the biggest jump for that period in seven years, data showed on Friday, underscoring across...
Mar 25, 2022
Exclusive-Battered Russia bonds a risk too far, says distressed debt fund Gramercy
By Tommy Wilkes LONDON (Reuters) - Distressed debt hedge fund Gramercy, which made a killing on Russian bonds after the 1998 crisis and has taken on Argentina and Venezuela over defaulted debt, says a...
Mar 25, 2022
Biden heads to Poland, with military support high on agenda
By Jarrett Renshaw RZESZOW, Poland (Reuters) - U.S. President Joe Biden landed in Rzeszow, Poland, on Friday to get a firsthand look at international efforts to help some of the millions of Ukrainian ...
Mar 25, 2022
GM will idle Indiana truck plant for two weeks over chips shortage
WASHINGTON (Reuters) - General Motors Co said Friday it will idle for two weeks in April an assembly plant in Indiana that builds pickup trucks, over ongoing semiconductor chip shortages. The Detroit ...
Mar 25, 2022
U.S. pending home sales post fourth straight monthly decline in February
WASHINGTON (Reuters) - Contracts to buy U.S. previously owned homes dropped for a fourth straight month in February, weighed down by a persistent shortage of properties, and activity could remain slug...
Mar 25, 2022
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