By Stephen Culp NEW YORK (Reuters) – Wall Street closed sharply higher on Monday, fueled by surging technology stocks as investors began an earnings-heavy week with a renewed enthusiasm for mark[...]
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January 23, 2023
Lula floats shared ‘trading currency’ during Argentina trip
By Lisandra Paraguassu BUENOS AIRES (Reuters) -Brazil and Argentina are in early talks to establish a shared unit of value for bilateral trade to reduce reliance on the U.S. dollar, Brazilian Presiden[...]
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Stocks, euro gain as Fed, ECB rate hike outlooks diverge
By Herbert Lash NEW YORK (Reuters) -Global equity markets surged on Monday as easing recession fears and hopes of a less aggressive Federal Reserve buoyed sentiment, while the likelihood of more jumbo[...]
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India commits to help Sri Lanka on debt in prospective IMF program
(Reuters) -India has committed to help ease the debt burden of its crisis-stricken neighbor Sri Lanka as part of a possible International Monetary Fund-supported program, the IMF said on Monday. The i[...]
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Dollar edges lower vs euro on ECB rate hike bets
By Saqib Iqbal Ahmed and Samuel Indyk NEW YORK (Reuters) – The dollar slipped against the euro on Monday, at one point hitting a fresh 9-month low, as the common currency found support from Euro[...]
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Egypt’s Sisi defends mega-projects with economy under strain
CAIRO (Reuters) – Egyptian President Abdel Fattah al-Sisi on Monday defended mega-projects undertaken since he took power, saying they were not to blame for economic turmoil that has seen the cu[...]
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Peru’s annual inflation to soar over 8.8% as blockades hit food prices -minister
LIMA (Reuters) – Inflation in Peru will likely end January at a rate between 8.8% and 8.9% on an annual basis, the country’s minister of economy said on Monday, as protests and road blocka[...]
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Venezuela’s inflation slows to 234% in 2022, vice president says
CARACAS (Reuters) – Inflation in Venezuela hit 234% in 2022, Vice President Delcy Rodriguez said on Monday, representing a slowdown from the previous year, as the South American country struggle[...]
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ECB policymakers spar on rate outlook beyond Feb hike
By Balazs Koranyi and Robert Muller FRANKFURT/PRAGUE (Reuters) -European Central Bank policymakers laid out diverging views on future interest rate hikes on Monday, suggesting that moves beyond next w[...]
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