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Pakistan tells IMF it will scrap fuel subsidy plan – Bloomberg News
(Reuters) - Pakistan has told the International Monetary Fund it will not implement a fuel subsidy programme as the two sides negotiate a long-delayed $1.1 billion bailout for the country, Bloomberg N...
Syndicated Content May 11, 2023
Analysis-China’s deposit pile stands in the way of recovery
By Winni Zhou and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) - China's increasingly urgent efforts to tip its mountain of savings into the economy are running up against depositors shy of all but the ...
Syndicated Content May 11, 2023
Cost of insuring against U.S. default rises to highest since 2009
LONDON (Reuters) - The cost of insuring against a U.S. default rose to its highest since early 2009 on Thursday, in the latest sign of investor nerves over the debt ceiling standoff. U.S. 5-year sover...
Syndicated Content May 11, 2023
Russia fines Google over ‘LGBT propaganda’ and ‘false information’ – agencies
MOSCOW (Reuters) - A Russian court fined Alphabet's Google 3 million roubles ($38,600) on Thursday for failing to delete YouTube videos it said promoted "LGBT propaganda" and "false information" about...
Syndicated Content May 11, 2023
Brazil’s Haddad raises concerns about economic situation, drought in Argentina
By Andrea Shalal NIIGATA, Japan (Reuters) - Brazilian Finance Minister Fernando Haddad expressed serious concerns on Thursday that Argentina's economic challenges and a major drought there could affec...
Syndicated Content May 11, 2023
China regulator says willing to work with U.S. for audit cooperation
HONG KONG (Reuters) - China's securities watchdog on Thursday said that it was willing to work with the United States counterparts to promote audit regulator cooperation and safeguard the rights and i...
Syndicated Content May 11, 2023
BOJ’s Ueda: G7 finance chiefs to debate financial system risks
By Leika Kihara NIIGATA, Japan (Reuters) - Calm has returned to the global financial system after the recent failure of several U.S. banks, but Group of Seven (G7) finance leaders will communicate clo...
Syndicated Content May 11, 2023
Last known speaker fights to preserve South African indigenous language
UPINGTON, South Africa (Reuters) - When she was a girl in South Africa's Northern Cape, Katrina Esau stopped speaking her mother tongue, N|uu, after being mocked by other people and told it was an "ug...
Syndicated Content May 11, 2023
Euro zone consumers raise inflation expectations – ECB survey
FRANKFURT (Reuters) - Euro zone consumers raised their inflation expectations in March, even as the rate of price growth fell and the European Central Bank kept raising interest rates, an ECB survey s...
Syndicated Content May 11, 2023
EU lawmakers’ committees agree to tougher draft AI rules
BRUSSELS (Reuters) - Key EU lawmakers on Thursday agreed on some amendments in draft rules on artificial intelligence to rein in generative AI such as ChatGPT while a proposed ban on facial surveillan...
Syndicated Content May 11, 2023
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