Tag: finance

3/3 © Reuters. A view shows a street hosting banks and financial institutions, known as Banks Street, in Beirut Central District, Lebanon August 22, 2019. REUTERS/Mohamed Azakir 2/3 BEIRUT (Reuters) -A U.S. Treasury delegation urged Lebanese authorities to mount investigations into what it described as abuses within the Lebanese banking system by members of the…

© Reuters. A sign for the Royal Bank of Canada in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio By Nichola Saminather TORONTO (Reuters) -Royal Bank of Canada, Toronto-Dominion Bank and Bank of Montreal said on Wednesday they will raise their prime lending rates for the first time since October 2018, after the Bank of…

There’s a lot of doom and gloom crossing our screens these days, Jim Cramer told his Mad Money viewers Tuesday. But when it comes to your portfolio, it’s important to remember that stocks have been falling since November, and that makes us a lot closer to the bottom than to the top. The world hasn’t…

© Reuters. FILE PHOTO: Japan’s vice minister of finance for international affairs, Masato Kanda, poses for a photograph during an interview with Reuters at the Finance Ministry in Tokyo, Japan January 31, 2022. REUTERS/Issei Kato By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) -Japan is working closely with G7 nations to ensure effective economic sanctions…

© Reuters. Swift logo is placed on a Russian flag are seen in this illustration taken, Bosnia and Herzegovina, February 25, 2022. REUTERS/Dado Ruvic/Illustration WASHINGTON (Reuters) – The SWIFT international payments system said on Saturday it was preparing to implement Western nations’ new measures targeting certain Russian banks in coming days. “We are engaging with…

© Reuters. FILE PHOTO: A picture illustration shows rolled Russian rouble banknotes on a table in Warsaw, Poland, January 22, 2016. REUTERS/Kacper Pempel By Tommy Wilkes, John McCrank and Huw Jones LONDON/NEW YORK (Reuters) – The United States, Britain and European Union ratcheted up sanctions against Moscow on Saturday as Russia continued its assault against…

© Reuters. Swift logo is placed on Ukrainian’s and Russian’s flag colors in this illustration taken, Bosnia and Herzegovina, February 25, 2022. REUTERS/Dado Ruvic/Illustration PARIS (Reuters) – A decision to cut Russia off from the global SWIFT payment system will be taken in a matter of days, the governor of a central bank within the…

Russia’s invasion of Ukraine prompted a barrage of financial sanctions aimed at isolating and punishing Moscow.  President Joe Biden, for example, has limited exports to Russia and imposed sanctions on Russian banks and other state-owned enterprises.  But neither the U.S. nor Europe has yet threatened to block Russia’s access to the SWIFT system, a consortium…

2/2 © Reuters. FILE PHOTO: The Federal Reserve building in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts 2/2 By Howard Schneider and Leika Kihara (Reuters) – The well-scripted turn by global central banks towards tighter, post-pandemic monetary policy has been thrown into doubt by Russia’s invasion of Ukraine, a geopolitical upheaval likely to be felt…

© Reuters. FILE PHOTO: A man wearing a protective mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a new coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020. REUTERS/Aly Song//File Photo By Tommy Wilkes LONDON (Reuters) – Emerging market borrowing led by China inflated…