By Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden’s nominee to lead the World Bank, ex-Mastercard Chief Executive Officer Ajay Banga, said he plans to travel to Europe, Asia, Afric[...]
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Environment
Biden and EU’s von der Leyen to meet amid subsidies dispute
(Reuters) – European Commission President Ursula von der Leyen will discuss clean energy and supply chains with President Joe Biden in Washington on March 10, the White House said, as European n[...]
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IMF approves over $1.7 billion for Jamaica to protect from inflation, climate change
(Reuters) – The International Monetary Fund (IMF) on Thursday approved over $1.7 billion in funds for Jamaica to help it insure against higher inflation, tighter fiscal conditions, possible COVI[...]
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Turkey’s quakes revive concern for northwestern industrial hub
By Birsen Altayli ISTANBUL (Reuters) – Earthquakes in southeastern Turkey that destroyed cities and killed 44,000 people have prompted authorities to look again at how the quake-prone nation mig[...]
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Turkey’s economy grew 5.6% in 2022, pace to slow after earthquakes
By Nevzat Devranoglu and Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s economy expanded 5.6% in 2022, official data showed on Tuesday but growth was expected to slow significantly to 2.8%[...]
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Argentina in talks with IMF to ease reserves targets amid drought
By Jorgelina do Rosario and Jorge Otaola LONDON/BUENOS AIRES (Reuters) – Argentina’s government is in final talks with International Monetary Fund officials to ease foreign exchange reserv[...]
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Chile readies major earthquake insurance with World Bank
SANTIAGO (Reuters) – Chile is finalizing a deal with the World Bank for insurance against high-intensity earthquakes that would impact the country’s fiscal policy and public debt, the Fina[...]
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Canada has firepower to invest billions in green transition, analysts say
By Steve Scherer OTTAWA (Reuters) – Canada has the firepower to invest billions of dollars in the green transition over the coming years to make it more competitive with the United States, analy[...]
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Russian 2023 budget deficit to widen as price caps take effect – Scope
BERLIN (Reuters) – Lower revenues from oil and gas exports will significantly widen Russia’s budget shortfall this year, according to an analysis from the European ratings agency Scope obt[...]
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