Category Archives:
Growth push went ‘too far, too fast’, says UK finance minister Hunt
LONDON (Reuters) - Britain's new finance minister Jeremy Hunt said the government had gone "too far, too fast" in its drive for growth after Prime Minister Liz Truss was forced to fire his predecessor...
Oct 15, 2022
BOJ’s Wakatabe says yen’s recent fluctuations too rapid, one-sided
By Leika Kihara WASHINGTON (Reuters) - Bank of Japan Deputy Governor Masazumi Wakatabe said on Saturday the yen's recent fluctuations were "clearly too rapid and too one-sided," signalling caution ove...
Oct 15, 2022
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
Peoria, IL, USA
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