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Colombia’s revised tax measure will look to raise nearly $4 billion -finance minister

Colombia’s revised tax measure will look to raise nearly $4 billion -finance minister

© Reuters. FILE PHOTO: Jose Manuel Restrepo, then Colombia’s minister of commerce, speaks during an interview with Reuters in Bogota, Colombia January 30, 2020. REUTERS/Luisa Gonzalez/File Photo By Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) -Colombia will seek to raise at least $3.97 billion through a new tax reform measure to be proposed to Congress,…

New Zealand central bank surprises by reducing stimulus, Kiwi dollar jumps

New Zealand central bank surprises by reducing stimulus, Kiwi dollar jumps

© Reuters. FILE PHOTO: Pedestrians walk near the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017. REUTERS/David Gray By Praveen Menon WELLINGTON (Reuters) – New Zealand’s central bank on Wednesday announced a halt to its pandemic-induced NZ$100 billion ($70 billion) bond purchase progamme, sending the…

NY Fed’s Williams says both Treasury and mortgage purchases are supporting housing market

NY Fed’s Williams says both Treasury and mortgage purchases are supporting housing market

© Reuters. FILE PHOTO: Federal Reserve Board building is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File Photo By Jonnelle Marte (Reuters) -The Federal Reserve’s purchases of Treasury securities and mortgage-backed securities are both affecting interest rates and financial conditions overall and one group does not have a significantly larger impact on the housing…

U.S. Senate faces ‘hell of a fight’ amid doubts over infrastructure investments

U.S. Senate faces ‘hell of a fight’ amid doubts over infrastructure investments

© Reuters. FILE PHOTO: Senate Majority Leader Chuck Schumer (D-NY) speaks to news reporters following the announcement of a bipartisan deal on infrastructure, on Capitol Hill in Washington, U.S., June 24, 2021. REUTERS/Tom Brenner/File Photo By Richard Cowan and Susan Cornwell WASHINGTON (Reuters) – The U.S. Senate returned on Monday to one of its most…

China condemns ‘unreasonable suppression’ as U.S. expands economic blacklist

China condemns ‘unreasonable suppression’ as U.S. expands economic blacklist

© Reuters. FILE PHOTO: Chinese and U.S. flags flutter outside a company building in Shanghai, China April 14, 2021. REUTERS/Aly Song//File Photo SHANGHAI (Reuters) -China said on Sunday it “resolutely opposes” the addition of 23 Chinese entities to a U.S. economic blacklist over issues including alleged human rights abuses and military ties. The Ministry of…

ECB’s Schnabel says she doesn’t expect ‘excessively high’ inflation

ECB’s Schnabel says she doesn’t expect ‘excessively high’ inflation

© Reuters. FILE PHOTO: Isabel Schnabel, member of the German advisory board of economic experts attends the 29th Frankfurt European Banking Congress (EBC) at the Old Opera house in Frankfurt, Germany November 22, 2019. REUTERS/Ralph Orlowski BERLIN (Reuters) – Inflation in the euro zone is unlikely to overshoot and the current increase in price growth…