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Tag: PLCY

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
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
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
China sets modest growth target of about 5% as parliament opens

China sets modest growth target of about 5% as parliament opens

March 5, 2023March 6, 2023 · World News

GDP target around 5% at low end of expectations Work report focuses on consumption, jobs Defence spending to rise 7.2%, up from 7.1% rise Budget deficit target at…

Read more China sets modest growth target of about 5% as parliament opens
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
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
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
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
UK’s Sunak reinstates Braverman as interior minister

UK’s Sunak reinstates Braverman as interior minister

October 25, 2022October 25, 2022 · World News

LONDON, Oct 25 (Reuters) – British lawmaker Suella Braverman was reappointed as interior minister on Tuesday by Prime Minister Rishi Sunak, less than a week after she resigned…

Read more UK’s Sunak reinstates Braverman as interior minister
UK justice secretary Brandon Lewis resigns – statement

UK justice secretary Brandon Lewis resigns – statement

October 25, 2022October 26, 2022 · World News

LONDON, Oct 25 (Reuters) – British justice secretary Brandon Lewis resigned on Tuesday following the appointment of Rishi Sunak as prime minister. “The new PM will have my…

Read more UK justice secretary Brandon Lewis resigns – statement
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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