WASHINGTON (Reuters) – After U.S. Treasury Secretary Janet Yellen called China a “barrier” to debt reform in Africa this week, Chinese officials in Zambia had a pointed response[...]
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January 24, 2023
U.S. oil & gas M&A hit 17-year low; big firms dominate deals-report
By Liz Hampton (Reuters) – U.S. oil and gas deal-making declined by 13% last year to $58 billion compared to 2021, according to energy technology firm Enverus, with the volume of activity hittin[...]
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Mexico early-January prices exceed market forecasts, rate hikes expected
By Brendan O’Boyle and Gabriel Araujo MEXICO CITY (Reuters) -Mexico’s headline inflation accelerated and exceeded expectations in early January, data from the national statistics agency sh[...]
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U.S. Treasury activates another maneuver to avoid breaching debt limit
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen activated another extraordinary cash management measure on Tuesday to avoid breaching the federal debt limit, suspendi[...]
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China offers Sri Lanka debt moratorium, IMF help still in doubt
By Devjyot Ghoshal and Uditha Jayasinghe NEW DELHI/COLOMBO (Reuters) -The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said it would support the country[...]
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European shares slip as economic growth data fuels rate hike concerns
By Sruthi Shankar (Reuters) -European stocks reversed early gains on Tuesday as better-than-expected business activity data in the euro zone failed to excite investors worried about further interest r[...]
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Swiss National Bank’s Schlegel says too early to sound inflation all clear
ZURICH (Reuters) – Swiss National Bank Vice Chairman Martin Schlegel said on Tuesday it was too early to sound the ‘all-clear’ on inflation in Switzerland, despite an expected declin[...]
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IMF’s Georgieva sees broad deal with China on debt restructurings
By Chris Mfula LUSAKA (Reuters) -The International Monetary Fund has reached an understanding in principle with China about a debt restructuring strategy that could help resolve Zambia’s debt cr[...]
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Banks demand deep changes to UK’s accountability rules -sources
By Iain Withers and Huw Jones LONDON (Reuters) – Banks are pushing the British government to relax core parts of post-financial crisis rules designed to hold bosses to account for misconduct on[...]
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