Category Archives:
Zambia finance minister eager to renegotiate debt, awaits China’s team
By Jorgelina do Rosario and Rachel Savage WASHINGTON/JOHANNESBURG (Reuters) - Zambia's finance minister said on Saturday it is still unclear who will be leading talks for renegotiating its nearly $6 b...
Oct 15, 2022
Fed’s Bullard says boost to dollar from interest rate hikes may ease
WASHINGTON (Reuters) -The Federal Reserve's rapid interest rate increases have contributed to the strength of the dollar against other currencies, but that may ease once the U.S. central bank reaches ...
Oct 15, 2022
IMF reaches staff-level agreement with Tunisia for loan programme
By Angus McDowall and Tarek Amara TUNIS (Reuters) - Tunisia has reached a preliminary agreement with the International Monetary Fund (IMF) for a $1.9 billion rescue package that could be finalised in ...
Oct 15, 2022
Musk: will keep funding Ukraine, even though Starlink is losing money
(Reuters) - Elon Musk said on Saturday that his rocket company SpaceX would continue to fund its Starlink internet service in Ukraine, a day after he said it could no longer afford to do so. Musk twee...
Oct 15, 2022
UK’s Hunt to delay another tax cut to plug 72 billion stg black hole-Sunday Times
LONDON (Reuters) - Britain's new finance minister Jeremy Hunt is to delay a planned reduction to the basic rate of income tax by one year after the country's fiscal watchdog warned that the public fin...
Oct 15, 2022
Analysis-Targeted energy support in EU is easier said than done – officials
By Jan Strupczewski WASHINGTON (Reuters) - European Union governments have pledged "targeted and temporary" support against high energy prices for households and firms, so as not to undermine central ...
Oct 15, 2022
Exclusive-Ethiopia debt relief delay partly due to civil war: state Finance Minister
By Jorgelina do Rosario and Rachel Savage WASHINGTON/JOHANNESBURG (Reuters) - Delays in restructuring Ethiopia's debt due to the failings of a new global mechanism for resolving debt problems are "dis...
Oct 15, 2022
World Bank says Ukraine has tenfold increase in poverty due to war
By Andrea Shalal WASHINGTON (Reuters) - Russia's attacks on civilian infrastructure in Ukrainian cities away from the front lines will complicate the dire economic situation facing the country, which ...
Oct 15, 2022
Obama to stump for Democrats in three states ahead of high-stakes Nov. 8 election
By Lucia Mutikani and Jason Lange WASHINGTON (Reuters) - Former U.S. President Barack Obama will campaign for Democratic Party candidates in Georgia, Michigan and Wisconsin later this month ahead of t...
Oct 15, 2022
U.S. President Joe Biden to visit Philadelphia month-end – White House
WASHINGTON (Reuters) - U.S. President Joe Biden will travel to Philadelphia on Oct. 28 for a reception hosted by the Pennsylvania Democratic Party, the White House said on Saturday. Biden would be acc...
Oct 15, 2022
Peoria, IL, USA
37 °F Sunny
