Category Archives:
Pakistan to get $4 billion from friendly countries to shore up reserves – finance minister
By Asif Shahzad ISLAMABAD (Reuters) - Pakistan is likely to get $4 billion from friendly countries this month to bridge a gap in foreign reserves highlighted by the International Monetary Fund, the co...
Jul 16, 2022
Bank of Canada chief sees inflation “a little over” 8% as soon as next week
By Julie Gordon OTTAWA (Reuters) - The Bank of Canada expects inflation to go "a little over" 8%, as soon as next week when June's data is released, and stay in that range for a few more months, Gover...
Jul 16, 2022
SAS and striking pilots closer to deal but issues remain, mediator tells E24
STOCKHOLM (Reuters) - Crisis-hit airline SAS and unions have made progress on a new savings deal to end a 13-day pilots' strike, but significant issues have yet to be resolved, a mediator told news ag...
Jul 16, 2022
China to step up implementation of ‘prudent’ monetary policy-central bank chief
BEIJING (Reuters) - China's economy is facing downward pressure due to COVID-19 and external shocks, and the central bank will "increase implementation of prudent monetary policy" to support the real ...
Jul 16, 2022
Swiss central bank plans at least 50 bps rate hike in Sept -report
VIENNA (Reuters) - The Swiss National Bank is currently planning to raise interest rates by 50 or 75 basis points in its next scheduled monetary policy announcement in September, a Swiss newspaper rep...
Jul 16, 2022
Saudi crown prince says unrealistic energy policies will lead to inflation
JEDDAH, Saudi Arabia (Reuters) - Saudi Arabia's Crown Prince Mohammed bin Salman, addressing a U.S.-Arab summit, said on Saturday that unified efforts were required to support the global economy and t...
Jul 16, 2022
IMF chief sees ‘exceptionally uncertain’ global outlook, deteriorating debt situation
NUSA DUA, Indonesia (Reuters) - IMF chief Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take urgent action to combat inflation, warning that the "exceptiona...
Jul 16, 2022
Yellen says U.S. aims to move ahead with global minimum corporate tax despite setback
NUSA DUA, Indonesia (Reuters) - The United States will look for every opportunity to move ahead to enact a global minimum corporate tax agreement despite the opposition of a key Democratic senator, Jo...
Jul 16, 2022
Japan govt to support trading firms’ stakes in Sakhalin-2- sources
By Yoshifumi Takemoto, Ritsuko Shimizu and Miho Uranaka TOKYO (Reuters) - The Japanese government plans to support Mitsui & Co and Mitsubishi Corp in their attempts to stay in the Sakhalin-2 oil and g...
Jul 16, 2022
Yellen met with officials from Saudi, Australia, South Africa, Singapore
NUSA DUA, Indonesia (Reuters) -U.S. Treasury Secretary Janet Yellen met bilaterally with senior officials from Saudi Arabia, Australia, South Africa and Singapore on the sidelines of the Group of 20 (...
Jul 16, 2022
Peoria, IL, USA
42 °F Sunny
