Category Archives:
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
Energy subsidies merely delay high inflation, ECB’s Villeroy warns
WASHINGTON (Reuters) - Europe's energy subsidies may reduce the current rate of inflation but only at the expense of future higher readings, potentially complicating the task of monetary policy, Europ...
Oct 15, 2022
Bank of England governor has ‘meeting of minds’ with Hunt
By Howard Schneider and William Schomberg WASHINGTON (Reuters) - Bank of England Governor Andrew Bailey said there was an "immediate meeting of minds" when he spoke with finance minister Jeremy Hunt a...
Oct 15, 2022
OAPEC Sec Gen says OPEC+ decision to cut oil production ‘correct’
CAIRO (Reuters) - The secretary general of the Organization of Arab Petroleum Exporting Countries (OAPEC) said on Saturday that the OPEC+ decision to cut its oil production target is correct, and was ...
Oct 15, 2022
Peoria, IL, USA
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