IMF says U.S. should tighten fiscal policy to help cut persistent inflation
DETROIT, May 26 (Reuters) - The International Monetary Fund said on Friday U.S. interest rates will likely need to remain...
archivePOL
Sanctions, pressure on foreign banks destabilising Russia’s foreign-exchange market, central bank says
This content was produced in Russia where the law restricts coverage of Russian military operations in UkraineMOSCOW, May 26 (Reuters) - Pressure on foreign banks operating in Russia and the widening scope of sanctions is aggravating foreign currency settlements in Russia and creating periodic imbalances on the domestic market, the central bank said on Friday.Western sanctions on Moscow over its actions in Ukraine have curbed its use of dollars and euros, with settlements in currencies Russia considers "friendly" - those of countries that have not imposed sanctions - increasing significantly.But...
Global money market funds attract heavy inflows as US debt ceiling looms
May 26 (Reuters) - Global money market funds drew inflows for a fifth straight week in the seven days to...
Analysis: Inflows into unloved European telecoms signal brighter future
Optical fiber cables for internet providers are seen running into a Enel Group server room in Perugia, Italy, June 23,...
EU remains Cuba´s top trade partner, committed to ‘mutual respect,’ top diplomat says
EU High Representative for Foreign Affairs and Security Policy Josep Borrell talks with Cuban businessmen during an official visit to...
U.S. debt ceiling deal takes shape with little time to spare
WASHINGTON, May 25 (Reuters) - U.S. President Joe Biden and top Republican lawmaker Kevin McCarthy on Thursday were edging close...
Moody’s: Emerging market credit to be tight amid U.S.-led risks
LONDON, May 25 (Reuters) - Emerging economies will continue to suffer from the spillover of economic problems in the U.S.,...
Europe hits resistance in race to finalise green laws
The sun shines through trees in a protected area of Bialowieza forest, the last primeval forest in Europe, near Bialowieza...
The end of King Dollar? The forces at play in de-dollarisation
A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. REUTERS/Yuriko NakaoLONDON, May 25 (Reuters)...
Italy to submit updated plans on EU recovery funds by July – official to paper
ROME, May 25 (Reuters) - Italy will submit to the EU Commission an update of its spending plans related to...
