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Australia to cut economic growth forecasts on lower consumer spending

Australia to cut economic growth forecasts on lower consumer spending

© Reuters. FILE PHOTO: People shop at the South Melbourne Market on the second day of eased coronavirus disease (COVID-19) lockdown regulations set to curb the outbreak, in Melbourne, Australia, October 23, 2021. REUTERS/Sandra Sanders SYDNEY (Reuters) – Australia’s economic growth is expected to slow sharply next financial year as rising inflation curbs household consumption,…

Japan finance minister declines to say whether government intervened to prop up yen

Japan finance minister declines to say whether government intervened to prop up yen

© Reuters. FILE PHOTO: Japan’s Finance Minister Shunichi Suzuki speaks at a news conference after Japan intervened in the currency market for the first time since 1998 to shore up the battered yen in Tokyo, Japan September 22, 2022. REUTERS/Kim Kyung-Hoon   MS +3.42% Add to/Remove from Watchlist Add to Watchlist Add Position Position added…

Right-wing Meloni sworn in as Italy’s first woman prime minister

Right-wing Meloni sworn in as Italy’s first woman prime minister

3/3 © Reuters. Italy’s newly elected Prime Minister Giorgia Meloni reacts during the swearing-in ceremony at the Quirinale Presidential Palace, in Rome, Italy October 22, 2022. REUTERS/Guglielmo Mangiapane 2/3 By Crispian Balmer and Angelo Amante ROME (Reuters) -Giorgia Meloni was sworn in as Italy’s first woman prime minister on Saturday alongside her cabinet team, giving…

U.S. appeals court temporarily blocks Biden’s student loan forgiveness plan

U.S. appeals court temporarily blocks Biden’s student loan forgiveness plan

© Reuters. U.S. President Joe Biden delivers remarks about the student loan forgiveness program from an auditorium on the White House campus in Washington, U.S., October 17, 2022. REUTERS/Leah Millis By Eric Beech and Steve Gorman WASHINGTON (Reuters) -A U.S. appeals court on Friday temporarily blocked President Joe Biden’s plan to cancel billions of dollars…