By Noe Torres MEXICO CITY (Reuters) – The Mexican peso could remain the top performer among major global currencies in the coming weeks, despite Mexico’s central bank choosing to halt a ne[...]
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May 19, 2023
Timeline of Brazil’s inflation target to be discussed with Lula, says finance minister
SAO PAULO (Reuters) – Brazilian Finance Minister Fernando Haddad said on Friday that a change in the timeline for meeting the inflation target will be discussed with President Luiz Inacio Lula d[...]
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Ghana receives first $600 million tranche of $3 billion IMF loan -Ghana’s finance minister
JOHANNESBURG (Reuters) – Ghana’s Finance Minister Ken Ofori-Atta said on Friday that the first $600 million tranche of a $3 billion, three-year extended credit facility has been received.[...]
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Yellen told bank CEOs more mergers may be necessary, CNN reports
By Doina Chiacu and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen told bank CEOs on Thursday that more mergers may be necessary after a series of bank failures, CNN reported[...]
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US imposes sanctions on hundreds of targets in fresh Russia action
By Daphne Psaledakis and Simon Lewis WASHINGTON (Reuters) -The United States on Friday announced sanctions on more than 300 targets as Group of Seven leaders met in Japan, aiming to punish Russia for[...]
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Inflation fight risks central banks’ credibility and autonomy, BIS warns
By Marc Jones LONDON (Reuters) – The credibility and independence of central banks around the world is at risk if stubbornly-high global inflation rates are not bought under control, the head of[...]
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From sunglasses to milking machines, US halts more exports to Russia
By Karen Freifeld WASHINGTON (Reuters) – The Biden administration halted the export of a wide range of consumer goods to Russia on Friday and added 71 companies to a trade blacklist, as the Grou[...]
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Fed’s Powell says tighter credit conditions ease rate hike pressure
NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Friday that the aftereffects of recent banking sector troubles takes some pressure off the U.S. central bank to raise rates. Tigh[...]
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Pent-up demand promises record tourist season for southern Europe
By Giselda Vagnoni ROME (Reuters) – After three years of pandemic travel restrictions and rocketing energy costs, tourism is back with a vengeance to boost the economies of southern Europe as su[...]
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