Tag: finance

© Reuters. FILE PHOTO: Russian 100-rouble banknotes are placed on a cashier’s desk at a supermarket in the Siberian town of Tara in the Omsk region, Russia, December 14, 2021. Picture taken December 14, 2021. REUTERS/Alexey Malgavko/File Photo (Reuters) – The Russian central bank has imposed foreign exchange controls to support liquidity but aims to…

© Reuters. FILE PHOTO: U.S. President Joe Biden gets an overview of the electric trucks being manufactured by Mack Trucks as he visits the Mack-Lehigh Valley Operations Manufacturing Facility in Macungie, Pensylvania, U.S., July 28, 2021. REUTERS/Evelyn Hockstein/Fi WASHINGTON (Reuters) – The U.S. Export-Import Bank’s board on Thursday voted to approve a new tool aimed…

© Reuters. FILE PHOTO: World Bank President David Malpass attends the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 3, 2021. REUTERS/Yves Herman By Andrea Shalal and David Lawder (Reuters) – Countries around the world are working to diversify their supply chains and reduce their dependence on China, which is “probably good for…

© Reuters. FILE PHOTO: The facade of Argentina’s Central Bank is pictured, in downtown Buenos Aires, Argentina September 16, 2020. REUTERS/Agustin Marcarian By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank directors will meet on Wednesday to discuss a possible interest rate hike, a source with the bank told Reuters on Tuesday, as the…

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas By Andrea Shalal WASHINGTON (Reuters) – Sharply higher global food and energy prices due to the war in Ukraine are hitting poor countries, and better mechanisms for dealing with sovereign debt…

Updated at 9:05 am EST U.S. equity futures edged lower Monday, while Treasury bond yields and the dollar continued to test multi-year highs, as investors shift focus from the ongoing war in Ukraine to a busy slate of earnings and data releases in a holiday-shortened trading week. Inflation remains the key driver in terms of…

Here are five things you must know for Monday, April 11: 1. — Stock Futures Edge Lower, Oil Prices Slide U.S. equity futures edged lower Monday, while Treasury bond yields and the dollar continued to test multi-year highs, as investors shift focus from the ongoing war in Ukraine to a busy slate of earnings and data…

© Reuters. FILE PHOTO: Russian Finance Minister Anton Siluanov attends a meeting with members of the government in Moscow, Russia March 12, 2020. Sputnik/Dmitry Astakhov/Pool via REUTERS (Reuters) -Russia will take legal action if the West tries to force it to default on its sovereign debt, Finance Minister Anton Siluanov told the pro-Kremlin Izvestia newspaper…

Consumers are looking for every possible way to save money after facing increased inflation and higher costs, as companies grapple with a rise in labor expenses and supply chain bottlenecks. Shoppers are also looking for ways to cut costs as their bills for groceries and gasoline have been rising steadily for several months. “Consumer discretionary…

© Reuters. FILE PHOTO: A brass plaque of the State Bank of Pakistan is seen outside of its wall in Karachi, Pakistan December 5, 2018. REUTERS/Akhtar Soomro/File Photo By Gibran Naiyyar Peshimam and Asif Shahzad ISLAMABAD (Reuters) -Pakistan’s central bank raised its policy rate by 250 basis points to 12.25% in an emergency meeting on…