© Reuters DUBAI (Reuters) – Lebanon bond investors could see their holdings slashed by 75%, Goldman Sachs (NYSE:GS) said, should the newly formed government solve losses in the financial system, embark on credible reforms and unlock funding from the International Monetary Fund. Lebanon defaulted on its international debt in March 2020, after years of political…
© Reuters. By Geoffrey Smith Investing.com — Global markets extend their gains on relief at the lack of immediate tightening by the Federal Reserve and a stay of execution for China Evergrande. Norway becomes the first major advanced economy central bank to hike rates post-pandemic, and Brazil hikes by a full percentage point, but the…
2/2 © Reuters. FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium May 5, 2021. REUTERS/Yves Herman 2/2 By Huw Jones LONDON (Reuters) -The European Union proposed changing the bloc’s capital rules for insurers on Wednesday to release 120 billion euros ($141 billion) for repairing an economy hit by COVID…
© Reuters. FILE PHOTO: The sun rises behind U.S. Capitol ahead of a weekend “Justice for J6” rally in Washington, U.S., September 13, 2021. REUTERS/Jonathan Ernst By Richard Cowan WASHINGTON (Reuters) – The U.S. House of Representatives on Tuesday was scheduled to debate and vote on legislation to fund the federal government through Dec. 3…
© Reuters. FILE PHOTO: Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Alexandra Alper WASHINGTON (Reuters) -The Biden administration on Tuesday unveiled sanctions against a cryptocurrency exchange over its alleged role in enabling illegal payments from ransomware attacks, officials…
© Reuters. FILE PHOTO: The Hungarian national flag and the flag of the European Union fly on the building of the National Bank of Hungary in Budapest January 10, 2013. REUTERS/Laszlo Balogh By Krisztina Than and Gergely Szakacs BUDAPEST (Reuters) -Hungary’s central bank raised its base rate on Tuesday by a smaller-than-expected 15 basis points…
© Reuters. FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri (Reuters) – Wall Street’s main indexes tumbled on Monday, as concerns about the pace of a global recovery spurred a selloff across sectors at the start of a week in which…
MADRID (Reuters) – The governor of the Bank of Spain hinted that there is some scope to improve the forecast for gross domestic product this year from the current figure of 6.2%, in an interview published on Sunday. The Bank of Spain is expected to update its economic growth forecasts next week. Pablo Hernandez de…
2/2 © Reuters. FILE PHOTO: High-rise towers in Dubai, United Arab Emirates June 18, 2019.REUTERS/Christopher Pike/File Photo 2/2 DUBAI (Reuters) – The United Arab Emirates central bank sees increased risks of illicit financial flows emerging from the COVID-19 pandemic, including money-laundering and terrorism financing, it said in a report published on Sunday. The use of…
© Reuters. FILE PHOTO: An American flag flies outside of the U.S. Capitol dome in Washington, U.S., January 15, 2020. REUTERS/Tom Brenner/File Photo By David Lawder and Chris Prentice WASHINGTON (Reuters) – Senior Democrats said on Sunday that they will likely need to scale back President Joe Biden’s $3.5 trillion social spending bill while passage…
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