Mining The Markets

Environment

Turkey earthquake could result in loss of up to 1% of country’s GDP in 2023

BY Reuters  • February 16, 2023February 16, 2023
By Jorgelina do Rosario LONDON (Reuters) – The potential economic effects of the earthquake in Turkey could result in a loss of up to 1% of the country’s gross domestic product this year,[...]
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Economy Environment Europe Middle East UK

Trump pick Malpass surprises with early exit from World Bank

BY Reuters  • February 16, 2023February 16, 2023
By Andrea Shalal, David Lawder and Valerie Volcovici WASHINGTON (Reuters) – World Bank President David Malpass on Wednesday said he would leave his post well before his term ends, months after r[...]
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Business Economy Environment US

At BOJ’s helm, MIT-educated Ueda to put theory into practice

BY Reuters  • February 14, 2023February 14, 2023
By Leika Kihara TOKYO (Reuters) – A soft-spoken academic with a PhD from the Massachusetts Institute of Technology, Kazuo Ueda – Tokyo’s nominee for next Bank of Japan governor[...]
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Asia Business Economy Environment

U.S. Treasury to open advanced energy tax credit applications on May 31

BY Reuters  • February 13, 2023February 13, 2023
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury said on Monday it will open applications on May 31 for $4 billion worth of new tax credits for advanced energy manufacturing and decarbon[...]
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Business Economy Environment Politics US

Yellen wants bolder World Bank steps on climate change, global issues

BY Reuters  • February 9, 2023February 9, 2023
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen urged the World Bank to map out “bolder and more imaginative” steps on Thursday to address global challenges such as climate chan[...]
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Business Economy Environment

Analysis-Investors see Erdogan’s earthquake response as pivotal

BY Reuters  • February 9, 2023February 9, 2023
By Marc Jones LONDON (Reuters) – The humanitarian disaster of Turkey’s earthquake has caused an outpouring of concern by international investors, but also an acknowledgement that President[...]
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Economy Environment Europe Middle East Politics

Earthquakes to disrupt Turkey’s growth, stretch budget as Erdogan heads to elections

BY Reuters  • February 8, 2023February 8, 2023
By Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) – Massive earthquakes in Turkey will add billions of dollars of spending to Ankara’s budget and cut economic growth by up two percent[...]
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Economy Environment Europe Middle East

Canada, Taiwan to begin formal talks to spur foreign investments

BY Reuters  • February 7, 2023February 7, 2023
By Ismail Shakil and Ben Blanchard OTTAWA/TAIPEI (Reuters) -Canada and Taiwan on Tuesday agreed to start formal negotiations for a deal to encourage two-way foreign investments and deepen their Indo-P[...]
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Asia Canada Economy Environment Politics Technology Updated US

Turkey’s lira hits record low but rebounds after quake, stocks slip

BY Reuters  • February 6, 2023February 6, 2023
LONDON (Reuters) – Turkey’s lira briefly dipped to a record low and its main stock market fell 1.35% on Monday as a major earthquake added to pressures from a strong dollar and the war in[...]
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Asia Economy Environment Europe Middle East
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