Tag: Oil

ISTANBUL (Reuters) – Turkish Finance Minister Nureddin Nebati said on Saturday the global rise in energy prices was accelerating inflation in the country, but Ankara would continue working to lower it, adding that the lira’s recent decline was within “acceptable” levels. Inflation hit 54% in February and economists expect it to continue rising towards 70%…

© Reuters. European Central Bank policymaker and Austrian National Bank (OeNB) Governor Robert Holzmann attends a news conference in Vienna, Austria December 2, 2019. REUTERS/Leonhard Foeger ZURICH (Reuters) – European Central Bank (ECB) policymaker Robert Holzmann told an Austrian newspaper that the bank could send a clear message about fighting inflation by raising interest rates…

© Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – The Bank of Japan maintained its massive stimulus on Friday and warned of “very high uncertainty” over the economic fallout from…

© Reuters. Superintendent of the Denver Mint Randy Johnson speaks to U.S. Secretary of the Treasury Janet Yellen and U.S. Second Gentleman Douglas Emhoff during a tour of the Denver Mint, one of the two locations that manufactures coins for the new American Women Qu By David Lawder DENVER (Reuters) – A U.S. gasoline tax…

2/2 © Reuters. FILE PHOTO: Gasoline prices are displayed at a gas station, following Russia’s invasion of Ukraine, in Jersey City, New Jersey, U.S., March 9, 2022. REUTERS/Mike Segar/File Photo 2/2 By Rich McKay and Sharon Bernstein (Reuters) – A surge in U.S. retail gasoline prices to record highs has prompted governors and lawmakers in…

© Reuters. FILE PHOTO: City skyline and harbour are seen at sunrise from a quarantine bus window during the Tokyo 2020 Olympic Games in Tokyo, Japan July 24, 2021. REUTERS/Maxim Shemetov By Leika Kihara TOKYO (Reuters) – Japan’s wholesale inflation accelerated in February at the fastest annual pace in roughly four decades on rising fuel…

When I moved to the Netherlands five years ago, I thought I knew what to expect.After all, my parents are Dutch, I spoke the language, and I had traveled to Holland more times than I could count.But after living in the US my entire life, there were still a few things I had to get…

© Reuters. FILE PHOTO: A Ukrainian residing in Japan shows a placard during a protest rally denouncing Russia over its actions in Ukraine, near Russian embassy in Tokyo, Japan February 23, 2022. REUTERS/Issei Kato TOKYO (Reuters) – Japan has frozen the assets of an additional 32 Russian and Belarusian officials and oligarchs following the invasion…

© Reuters. A cargo ship and containers are seen at an industrial port in Tokyo, Japan, February 15, 2022. REUTERS/Kim Kyung-Hoon By Tetsushi Kajimoto TOKYO (Reuters) – Japan recorded its largest current account deficit since the start of 2014 in January as a jump in oil import costs offset gains in investment income, with continuing…

© Reuters. FILE PHOTO: A well head and drilling rig in the Yarakta oilfield, owned by Irkutsk Oil Company (INK), in the Irkutsk region, Russia, March 11, 2019. REUTERS/Vasily Fedosenko By Humeyra Pamuk and Jarrett Renshaw WASHINGTON (Reuters) -The United States and European allies are exploring banning imports of Russian oil, U.S. Secretary of State…