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Eyes on Israel central bank as judicial push keeps shekel tumbling vs dollar

Eyes on Israel central bank as judicial push keeps shekel tumbling vs dollar

© Reuters. FILE PHOTO: New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021. REUTERS/Nir Elias/Illustration By Steven Scheer JERUSALEM (Reuters) – Israel’s shekel fell 1.5% versus the dollar on Wednesday amid a plan to overhaul the country’s judiciary, continuing a rapid decline that could prompt central bank intervention. The shekel…

Debt-laden African countries charged ‘extortionate’ rates, U.N. chief says

Debt-laden African countries charged ‘extortionate’ rates, U.N. chief says

© Reuters. FILE PHOTO: Secretary-General of the United Nations, Antonio Guterres speaks as he receives the University of Lisbon 2020 prize, in Lisbon, Portugal, January 5, 2023. REUTERS/Pedro Nunes/File Photo By Dawit Endeshaw ADDIS ABABA (Reuters) – African countries are getting a raw deal from the international financial system which charges them “extortionate” interest rates,…

China, U.S. to participate in first meeting of new debt roundtable on Feb. 17

China, U.S. to participate in first meeting of new debt roundtable on Feb. 17

© Reuters. FILE PHOTO: Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016. REUTERS/Jason Lee/Illustration/File Photo By Andrea Shalal WASHINGTON (Reuters) – Officials from China, India, Saudi Arabia and Group of Seven wealthy nations will participate in a first virtual meeting…