Category: Economy

U.S. appeals court rejects Biden’s bid to revive student debt plan By Reuters

© Reuters. FILE PHOTO: A graduating student records the academic procession during the Commencement ceremony at the Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts, U.S., May 27, 2022. REUTERS/Brian Snyder By Nate Raymond (Reuters) -A federal appeals court on Wednesday declined to put on hold a Texas judge’s ruling that said President Joe Biden’s […]

IMF strategy chief heads to China, to focus on speeding up debt treatments By Reuters

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) mission’s head Ceyla Pazarbasioglu speaks during a news conference in Kyiv October 29, 2008. REUTERS/Konstantin Chernichkin By Andrea Shalal WASHINGTON (Reuters) -International Monetary Fund strategy chief Ceyla Pazarbasioglu said she will travel to China next week for high-level meetings, part of efforts to press the world’s […]

European shares jump on Powell’s speech, China relief By Reuters

© Reuters. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 30, 2022. REUTERS/Staff (Reuters) – European shares scaled over three-month highs on Thursday, cheered by U.S. Federal Reserve Chair Jerome Powell signalling smaller interest rate hikes ahead, and China softening its tone on strict COVID-19 rules. […]

Philippines central bank ready to adjust policy settings amid resilient economy By Reuters

© Reuters. FILE PHOTO: A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. REUTERS/Romeo Ranoco/File Photo MANILA (Reuters) – The Philippines central bank has policy flexibility given a resilient economy and stands ready to adjust interest rates to bring inflation […]

Zambia on track for debt restructuring next quarter -finance minister By Reuters

© Reuters. FILE PHOTO: Zambia’s Finance Minister Situmbeko Musokotwane attends the Annual Meetings of the International Monetary Fund and World Bank in Washington, U.S., October 15, 2022. REUTERS/James Lawler Duggan By Rachel Savage and Bhargav Acharya JOHANNESBURG (Reuters) -Zambia is pushing hard to complete the restructuring of nearly $15 billion of external debt in the […]

At state visit, Biden and Macron face dispute over American subsidies By Reuters

4/4 © Reuters. U.S. President Joe Biden and French President Emmanuel Macron walk next to vehicles as they meet for dinner at Fiola Mare restaurant in the Georgetown neighborhood of Washington, U.S., November 30, 2022. REUTERS/Evelyn Hockstein 2/4 By Steve Holland and Michel Rose WASHINGTON (Reuters) – U.S. President Joe Biden and French President Emmanuel […]

BOJ policymaker signals chance of ‘pre-emptive’ stimulus withdrawal By Reuters

© Reuters. Examples of Japanese yen banknotes are displayed at a factory of the National Printing Bureau producing Bank of Japan notes at a media event about a new series of banknotes scheduled to be introduced in 2024, in Tokyo, Japan, November 21, 2022. REUTERS/Ki By Leika Kihara AKITA, Japan (Reuters) -Bank of Japan board […]