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Tag: CEN

U.S. Treasury posts sharply higher 8 billion June deficit

U.S. Treasury posts sharply higher $228 billion June deficit

July 13, 2023July 13, 2023 · World News

WASHINGTON, July 13 (Reuters) – The U.S. government posted a $228 billion budget deficit for June, up 156% from a year earlier as revenues continued to weaken and…

Read more U.S. Treasury posts sharply higher $228 billion June deficit
Turkey’s Erdogan signals economic U-turn in picking orthodox Simsek

Turkey’s Erdogan signals economic U-turn in picking orthodox Simsek

June 3, 2023June 4, 2023 · World News

Erdogan begins new five-year term after runoff win Unorthodox rate cuts had exacerbated cost-of-living crisis Economy under deep strain, Simsek seen reversing course ANKARA, June 3 (Reuters) –…

Read more Turkey’s Erdogan signals economic U-turn in picking orthodox Simsek
Canada housing market upturn could delay shift to BoC rate cuts

Canada housing market upturn could delay shift to BoC rate cuts

May 14, 2023May 15, 2023 · World News

TORONTO, May 14 (Reuters) – Signs of recovery in Canada’s housing market after a year-long slump, just as higher borrowing costs are expected to slow much of the…

Read more Canada housing market upturn could delay shift to BoC rate cuts
Biden says US debt ceiling talks are moving along

Biden says US debt ceiling talks are moving along

May 14, 2023May 16, 2023 · World News

WASHINGTON, May 13 (Reuters) – President Joe Biden said on Saturday that talks with Congress on raising the U.S. government’s debt limit were moving along and more will…

Read more Biden says US debt ceiling talks are moving along
Turkey faces runoff election with Erdogan leading

Turkey faces runoff election with Erdogan leading

May 14, 2023May 17, 2023 · World News

Neither Erdogan or his challenger pass 50% threshold Erdogan ahead after 20-year rule Rivals spar over election count ISTANBUL, May 14 (Reuters) – Turkey headed for a runoff…

Read more Turkey faces runoff election with Erdogan leading
No China, no deal: Bid to break sovereign debt logjams gets weary thumbs up

No China, no deal: Bid to break sovereign debt logjams gets weary thumbs up

April 14, 2023April 16, 2023 · World News

LONDON, April 13 (Reuters) – The latest bid by the world’s leading institutions and creditors to speed up debt restructurings and get bankrupt countries back on their feet…

Read more No China, no deal: Bid to break sovereign debt logjams gets weary thumbs up
Oil slips as banking fears return, offsetting China demand hopes

Oil slips as banking fears return, offsetting China demand hopes

March 15, 2023March 15, 2023 · World News

Credit Suisse unease sparks global sell-off Chinese economy shows signs of gradual recovery China reopening expected to boost oil demand -IEA LONDON, March 15 (Reuters) – Oil extended…

Read more Oil slips as banking fears return, offsetting China demand hopes
Saudi Arabia could invest in Iran ‘very quickly’ after agreement – minister

Saudi Arabia could invest in Iran ‘very quickly’ after agreement – minister

March 15, 2023March 16, 2023 · World News

RIYADH, March 15 (Reuters) – Saudi Arabia’s Finance Minister Mohammed Al-Jadaan said on Wednesday that Saudi investments into Iran could happen “very quickly” following an agreement to restore…

Read more Saudi Arabia could invest in Iran ‘very quickly’ after agreement – minister
Host India doesn’t want G20 to discuss further Russia sanctions – sources

Host India doesn’t want G20 to discuss further Russia sanctions – sources

February 23, 2023February 24, 2023 · World News

BENGALURU, Feb 22 (Reuters) – India does not want the G20 to discuss additional sanctions on Russia for its invasion of Ukraine during New Delhi’s one-year presidency of…

Read more Host India doesn’t want G20 to discuss further Russia sanctions – sources
Indian shares fall ahead of inflation data; Adani stocks slide

Indian shares fall ahead of inflation data; Adani stocks slide

February 13, 2023February 13, 2023 · World News

BENGALURU, Feb 13 (Reuters) – Indian shares were off to a muted start on Monday, ahead of domestic retail inflation data due later in the day and U.S.…

Read more Indian shares fall ahead of inflation data; Adani stocks slide
Canada’s deep yield curve inversion adds to BoC rate hike dilemma

Canada’s deep yield curve inversion adds to BoC rate hike dilemma

December 4, 2022December 5, 2022 · World News

TORONTO, Dec 4 (Reuters) – As the Bank of Canada considers ditching oversized interest rate hikes, it is dealing with an economy likely more overheated than previously thought…

Read more Canada’s deep yield curve inversion adds to BoC rate hike dilemma
US job openings fell in October to still-high level

US job openings fell in October to still-high level

November 30, 2022November 30, 2022 · Breaking News

WASHINGTON — U.S. job openings dropped in October but remained high, a sign that businesses became slightly less needy for workers as the Federal Reserve ramps up interest…

Read more US job openings fell in October to still-high level
Consumer inflation in Japan’s capital rises at fastest pace in 40 years

Consumer inflation in Japan’s capital rises at fastest pace in 40 years

November 24, 2022November 25, 2022 · World News

Tokyo Nov core CPI up 3.6% vs f’cast +3.5% Tokyo CPI stays above BOJ’s 2% target for 6th straight month Data underscores broadening inflationary pressure TOKYO, Nov 25…

Read more Consumer inflation in Japan’s capital rises at fastest pace in 40 years
Ghana plans to buy oil with gold instead of U.S. dollars

Ghana plans to buy oil with gold instead of U.S. dollars

November 24, 2022November 27, 2022 · World News

ACCRA, Nov 24 (Reuters) – Ghana’s government is working on a new policy to buy oil products with gold rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia said…

Read more Ghana plans to buy oil with gold instead of U.S. dollars
U.S. may skirt recession in 2023, Europe not so lucky – Morgan Stanley

U.S. may skirt recession in 2023, Europe not so lucky – Morgan Stanley

November 14, 2022November 15, 2022 · World News

TOKYO, Nov 14 (Reuters) – Britain and the euro zone economies are likely to tip into recession next year, Morgan Stanley said, but the United States might make…

Read more U.S. may skirt recession in 2023, Europe not so lucky – Morgan Stanley
Saudi Arabia ‘maturer guys’ in spat with U.S., energy minister says

Saudi Arabia ‘maturer guys’ in spat with U.S., energy minister says

October 25, 2022October 27, 2022 · World News

OPEC+ oil output cut led to U.S., Saudi spat Saudi Arabia and U.S. “solid allies” – minister Big Wall St turnout at flagship Saudi investment summit RIYADH, Oct…

Read more Saudi Arabia ‘maturer guys’ in spat with U.S., energy minister says
As UK’s Truss fights for job, new finance minister says she made mistakes

As UK’s Truss fights for job, new finance minister says she made mistakes

October 15, 2022October 15, 2022 · World News

Truss sacked finance minister on Friday New chancellor Hunt warns of tough decisions ‘I’ve listened, I get it’, Truss says BoE’s Bailey says agrees with Hunt on need…

Read more As UK’s Truss fights for job, new finance minister says she made mistakes
Swiss National Bank monitoring Credit Suisse situation – Maechler

Swiss National Bank monitoring Credit Suisse situation – Maechler

October 5, 2022October 7, 2022 · World News

ZURICH, Oct 5 (Reuters) – The Swiss National Bank (SNB) is following the situation at Credit Suisse (CSGN.S) closely, SNB Governing Board member Andrea Maechler told Reuters on…

Read more Swiss National Bank monitoring Credit Suisse situation – Maechler
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