By Steve Scherer and Fergal Smith OTTAWA (Reuters) – The Bank of Canada has shifted to a less prescriptive messaging strategy than it used in January when it signaled a rate-hike pause that reig[...]
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Politics
Indonesia surprises with large trade surplus; rate cuts eyed before year-end
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) -Indonesia recorded a surprisingly large trade surplus of $3.46 billion in June, as imports plunged more than expected and exports also remain[...]
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Pakistan and Argentina bonds’ surge belies bigger reform hurdles
By Libby George and Jorgelina do Rosario LONDON (Reuters) -Investors have piled back into bonds in Pakistan and Argentina following cash infusions and optimism over multilateral support, but the two n[...]
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China June coal output rebounds from six-month low as heatwave boosts demand
By Muyu Xu BEIJING/SINGAPORE (Reuters) – China’s average daily coal production rebounded in June from a six-month low the prior month, official data showed on Monday, as miners ramped up o[...]
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Yellen ‘eager’ to work with China on debt, other global challenges
By David Lawder and Aftab Ahmed GANDHINAGAR, India (Reuters) -U.S. Treasury Secretary Janet Yellen said on Sunday she was “eager” to work with China on areas of mutual interest, including[...]
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Australia upbeat on global tax talks at G20 in India
SYDNEY (Reuters) – Australian Treasurer Jim Chalmers expressed optimism on Saturday about progress on a long-awaited overhaul of global corporate taxation at a meeting of Group of 20 (G20) natio[...]
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US IRS chief says budget cuts would reduce ability to pursue tax cheats
By David Lawder WASHINGTON (Reuters) – U.S. Internal Revenue Service Commissioner Danny Werfel said on Friday that a Republican plan to cut the agency’s annual budget would reduce its abil[...]
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Brazil to renegotiate low-income debt using state guarantees from September
BRASILIA (Reuters) -Brazil is to launch a debt renegotiation program for millions of lower-income individuals using state guarantees in September, fulfilling a campaign promise of leftist President Lu[...]
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Czech lawmakers give initial backing to $7 billion budget savings package
PRAGUE (Reuters) – The Czech parliament’s lower house gave initial backing on Friday to the centre-right government’s package of spending cuts and tax hikes aimed at cutting the budg[...]
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