Tag: finance

© Reuters. FILE PHOTO: US Treasury Secretary Janet Yellen attends the G20 Finance and Health Ministers meeting in Nusa Dua, Bali, Indonesia, November 12, 2022. Made Nagi/Pool via REUTERS By David Lawder NUSA DUA, Indonesia (Reuters) -U.S. Treasury Secretary Janet Yellen met China’s central bank Governor Yi Gang on Wednesday for talks covering issues such…

Bitcoin prices steadied in overnight trading, while a host of digital coins and blockchain-related tokens shed billions of value alongside it, as the cryptocurrency word continues to pick through the wreckage of FTX’s spectacular collapse from late last week. Bloomberg reported that Sam Bankman-Fried, the 30-year old founder of the FTX exchange, was questioned by…

© Reuters. FILE PHOTO: The International Monetary Fund logo is seen inside the headquarters at the end of the IMF/World Bank annual meetings in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas/File Photo By Andrea Shalal WASHINGTON (Reuters) – The global economic outlook is even gloomier than projected last month, the International Monetary Fund said on…

© Reuters. FILE PHOTO: A vendor cooks food for customers in his food cart at Galle Face Green, amid the country’s economic crisis, in Colombo, Sri Lanka, October 31, 2022. REUTERS/ Dinuka Liyanawatte/File Photo By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka unveils a budget on Monday attempting to put the South Asian government’s finances…

© Reuters. FILE PHOTO: Britain’s Chancellor of the Exchequer Jeremy Hunt walks outside his house in London, Britain, October 18, 2022. REUTERS/Toby Melville//File Photo By William Schomberg LONDON (Reuters) -British finance minister Jeremy Hunt said he will have to raise taxes in next week’s budget plan in order to fix the public finances and soften…

© Reuters. FILE PHOTO: U.S. President Joe Biden meets with Egypt’s President Abdel Fattah el-Sisi (not pictured), in Sharm el-Sheikh, Egypt, November 11, 2022. REUTERS/Kevin Lamarque/File Photo By Nate Raymond (Reuters) -The United States government has stopped taking applications for student debt relief, after a federal judge blocked President Joe Biden’s loan forgiveness plan, according…

By Marcela Ayres and Rodrigo Viga Gaier BRASÍLIA/RIO DE JANEIRO (Reuters) -An aide to Brazilian President-elect Luiz Inacio Lula da Silva wants to delay the Nov. 20 election for leader of the Inter-American Development Bank (IDB) until next year and is seeking U.S. support for the move. Former Finance Minister Guido Mantega, who is on…

Elon Musk’s takeover of Twitter continued lurching along on Thursday with the eccentric new CEO telling employees the company may have to file for bankruptcy. In addition, top executives Musk recruited to participate in a Twitter Spaces discussion with him on Wednesday, abruptly quit Thursday, according to multiple published reports. Musk told employees — or…

© Reuters. FILE PHOTO: A security worker guards an entry of the Chilean Central Bank building in downtown Santiago, Chile July 7, 2022. REUTERS/Ivan Alvarado   JPM +4.10% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value:…

© Reuters. FILE PHOTO: The logo of Mexico’s Central Bank (Banco de Mexico) is seen at its building in downtown Mexico City, Mexico August 9, 2022. REUTERS/Henry Romero/File Photo By Brendan O’Boyle and Anthony Esposito MEXICO CITY (Reuters) -The Bank of Mexico hiked its key interest rate by 75 basis points to a record 10.00%…