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Tag: DBT

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
Explainer: US debt ceiling focus on ‘discretionary spending’ means cuts ahead

Explainer: US debt ceiling focus on ‘discretionary spending’ means cuts ahead

May 24, 2023May 24, 2023 · World News

WASHINGTON, May 24 (Reuters) – The central pillar of any debt-ceiling agreement between President Joe Biden and House Republican Kevin McCarthy is shaping up to be “discretionary spending”…

Read more Explainer: US debt ceiling focus on ‘discretionary spending’ means cuts ahead
Exclusive: Chinese hackers attacked Kenyan government as debt strains grew

Exclusive: Chinese hackers attacked Kenyan government as debt strains grew

May 24, 2023May 26, 2023 · World News

Cyber spies infiltrated Kenyan networks from 2019 Hit finance ministry, president’s office, spy agency and others Sources believe Beijing was seeking info on debt NAIROBI, May 24 (Reuters)…

Read more Exclusive: Chinese hackers attacked Kenyan government as debt strains grew
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
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
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
Analysis: Loans to Russian soldiers fuel calls for European banks to quit

Analysis: Loans to Russian soldiers fuel calls for European banks to quit

February 13, 2023February 14, 2023 · World News

BERLIN/LONDON, Feb 13 (Reuters) – A Russian scheme to grant loan payment holidays to troops fighting in Ukraine, and for banks to write off the entire debt if…

Read more Analysis: Loans to Russian soldiers fuel calls for European banks to quit
Adani slashes growth targets amid rout sparked by Hindenburg – Bloomberg News

Adani slashes growth targets amid rout sparked by Hindenburg – Bloomberg News

February 13, 2023February 15, 2023 · World News

Feb 13 (Reuters) – India’s Adani Group has halved its revenue growth target and plans to scale down fresh capital expenditure, Bloomberg News reported on Sunday. Listed companies…

Read more Adani slashes growth targets amid rout sparked by Hindenburg – Bloomberg News
Adani’s market losses top 0 bln as crisis shockwaves spread

Adani’s market losses top $100 bln as crisis shockwaves spread

February 3, 2023February 3, 2023 · World News

Market rout deepens in Indian tycoon Adani’s shares Adani Enterprises loses $26 bln in value since report Falls after Adani pulled share sale, investors spooked Analysts say signals…

Read more Adani’s market losses top $100 bln as crisis shockwaves spread
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
U.S. Supreme Court’s Barrett again declines to block Biden student debt relief

U.S. Supreme Court’s Barrett again declines to block Biden student debt relief

November 4, 2022November 6, 2022 · World News

Nov 4 (Reuters) – U.S. Supreme Court Justice Amy Coney Barrett on Friday again declined to block President Joe Biden’s plan to cancel billions of dollars in student…

Read more U.S. Supreme Court’s Barrett again declines to block Biden student debt relief
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
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