Tag: Economy

By Colin Packham CANBERRA (Reuters) – Pacific Island countries will seek debt relief from their creditors as the spread of COVID-19 leaves some governments struggling to provide basic and essential services, Tuvalu’s Minister of Finance Seve Paeniu said on Thursday. Paeniu said the COVID-19 crisis has decimated the dominant tourism industries of some Pacific countries,…

© Reuters. FILE PHOTO: U.S. Secretary of Commerce Gina Raimondo speaks during a high speed internet event at the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., June 3, 2021.REUTERS/Evelyn Hockstein By Andrea Shalal WASHINGTON (Reuters) – President Joe Biden does not yet have enough support from fellow Democrats…

© 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…

© Reuters. FILE PHOTO: The Treasury Department is pictured in Washington, U.S., April 25, 2021. REUTERS/Al Drago By David Randall NEW YORK (Reuters) – A tumble in Treasury yields is pushing some investors toward other income-generating vehicles including dividend-paying stocks and emerging market bonds, often in exchange for a greater degree of risk. Earlier this…

© 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…

Reliant Bancorp, Inc. (the “Company”) (Nasdaq: RBNC), the parent company for Reliant Bank, announced today that it will release its 2021 second quarter financial results on Thursday, July 22, 2021, after the close of the market. The Company will hold a conference call to discuss second quarter results on Friday, July 23, 2021, at 9:00…

© Reuters. FILE PHOTO: A man reads a newspaper as he walks in Buenos Aires’ financial district, Argentina, April 18, 2016. REUTERS/Marcos Brindicci/File Photo By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s Buenos Aires province has extended the deadline for a $7 billion debt restructuring deal and agreed to renew a “last round” of talks…

© Reuters. FILE PHOTO: The European Central Bank (ECB) headquarters is pictured during sunset as the spread of the coronavirus disease (COVID-19) continues in Frankfurt, Germany, March 21, 2021. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) – The European Central Bank is open to giving banks in the euro zone more time to rebuild capital buffers if the…

MIAMI, July 4, 2021 /PRNewswire/ — Carnival Cruise Line kicked off its first cruise from in almost 16 months from PortMiami, The Cruise Capital of the World, today with the departure of Carnival Horizon, providing a significant boost to the local economy and the tens of thousands of jobs in South Florida that are supported by…

© Reuters. FILE PHOTO: An Israeli shekel note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel is expected to leave short-term interest rates unchanged this week for its 10th straight policy meeting, as debate continues over inflation gains. All 16 economists polled…