Tag: Commodities

The Ukrainian military’s devastating defeat of a large Russian force as it tried to cross a river in eastern Ukraine, along with other serious Russian losses, has sparked increasing criticism among pro-Russian milbloggers and commentators, including a Russian veterans group that is now urging Russian President Vladimir Putin to declare war on Ukraine and mobilize…

2/2 © Reuters. FILE PHOTO: Cars drive past the King Abdullah Financial District in Riyadh, Saudi Arabia, November 12, 2017. REUTERS/Faisal Al Nasser 2/2 By Dmitry Zhdannikov DAVOS, Switzerland (Reuters) -Saudi Arabia’s policy on fiscal sustainability would ensure that reserves do not fall below a certain percentage level of the country’s gross domestic product, its…

© Reuters. FILE PHOTO: A man walks outside The Federal Reserve Bank of New York in New York City, U.S., October 12, 2021. REUTERS/Brendan McDermid WASHINGTON (Reuters) -The Fed’s stock of Treasury bonds and mortgage backed securities is projected to decline by roughly $2.5 trillion by mid-2025, to about $5.9 trillion, when the central bank’s…

WASHINGTON (AP) — When Gail Curley began her job as Marshal of the U.S. Supreme Court less than a year ago, she would have expected to work mostly behind the scenes: overseeing the court’s police force and the operations of the marble-columned building where the justices work.Her most public role was supposed to be in…

© Reuters. FILE PHOTO: Labels are seen on Canada Goose jackets in a store in Manhattan, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly (Reuters) -Canada Goose Holdings Inc forecast annual earnings and revenue above Wall Street expectations after reporting a surprise quarterly profit on Thursday, encouraged by strong demand for its luxury parkas…

© Reuters. FILE PHOTO: The PGNiG Termika Zeran heat power station is seen across Vistula river in Warsaw, Poland August 19, 2015. REUTERS/Kacper Pempel WARSAW (Reuters) -Polish gas monopoly PGNiG issued a call for arbitration to Russian gas supplier Gazprom (MCX:GAZP) regarding interest on overpayments it made for natural gas between 2014 and 2020, the…

© Reuters. FILE PHOTO: A view of the city skyline in Shanghai, China February 24, 2022. Picture taken February 24, 2022. REUTERS/Aly Song By Rodrigo Campos NEW YORK (Reuters) – The world’s two largest economies borrowed the most in the first quarter as global debt rose to a record above $305 trillion, while the overall…

© Reuters. FILE PHOTO: Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in Washington, U.S., March 3, 2022. Tom Williams/Pool via REUTERS WASHINGTON (Reuters) -The Federal Reserve will “keep pushing” to tighten U.S. monetary policy until it is clear that inflation is declining, Fed Chair Jerome Powell said on Tuesday. “What we…

© Reuters. FILE PHOTO: Sales persons wait for customers at a gold jewelry showroom in Chandigarh, India, November 9, 2016. REUTERS/Ajay Verma By Ashitha Shivaprasad (Reuters) – Gold rose slightly on Monday as a retreat in U.S. Treasury yields offset headwinds from a relatively firm dollar, which, along with looming interest rate hikes, earlier pushed…

© Reuters. FILE PHOTO: The city skyline of Incheon is pictured early morning in an aerial view south of Seoul, South Korea, January 21, 2018. REUTERS/ Fabrizio Bensch SEOUL (Reuters) -South Korea’s government bond futures plunged early on Monday after the central bank chief kept the door open for a bigger interest rate increase than…