Russia Bans Oil Exports To Countries That Enforce Price Cap Jack McEvoy on December 27, 2022 Russian President Vladimir Putin declared Tuesday that his nation will ban crude oil and …
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(Reuters) – U.S. Treasury Secretary Janet Yellen highlighted a proposed price cap on Russian oil on a phone call with British Finance Minister Nadhim Zahawi on Tuesday, a move to …
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By Marcela Ayres and Jose de Castro BRASILIA – Brazilian fixed-income markets are pricing in the highest risk levels in years, raising red flags among investors and government officials who …
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By Noel Randewich (Reuters) – Facebook-owner Meta Platforms, Google-owner Alphabet and other companies that sell online ads lost about $80 billion in combined stock market value on Thursday after Snap …
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MOSCOW – Russia needs to wait and see how proposals on capping the price of Russian oil exports are finalised, Kremlin spokesman Dmitry Peskov told reporters on Monday. Commenting on …
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By Francesco Canepa and Balazs Koranyi SINTRA, Portugal – The European Central Bank will buy bonds from Italy, Spain, Portugal and Greece with some of the proceeds it receives from …
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By Leika Kihara and Takahiko Wada TOKYO – The Bank of Japan (BOJ) may need to adjust its ultra-easy policy if inflation keeps exceeding its forecast, such as by replacing …
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By David Lawder WASHINGTON – Group of Seven democracies have had positive and productive discussions with China and India about a plan to cap the price of Russian oil, a …
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BRUSSELS – The Group of Seven rich nations are debating a global price cap for Russian oil that would curb Moscow’s energy revenues and potentially limit its ability to fund …
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By Leika Kihara and Yoshifumi Takemoto TOKYO – The Bank of Japan’s resolve to keep borrowing costs ultra-low is causing a “negative spiral” of yen weakness that highlights the need …
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ATHENS – Greece said on Monday the European Commission has initially approved its scheme to set a ceiling on wholesale electricity prices and mitigate the impact of soaring energy costs …
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By Marcela Ayres and Bernardo Caram BRASILIA – Strong commodity prices and a recovering job market have helped a sharp improvement in Brazil’s public finances, analysts say, allaying concerns about …
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NEW YORK, NY – Adonis Barnett, 22, of Flatbush has been convicted of first-degree manslaughter for fatally shooting a 38-year-old father after he retrieved a baseball cap that members of …
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BRUSSELS – A Europe-wide cap on gas prices is needed to respond to soaring prices and contain price volatility in the gas and electricity markets, Engie chief executive Catherine MacGregor …
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By Mike Spector and Dan Levine NEW YORK – Johnson & Johnson created a plan last year to limit the financial bleeding from billions of dollars in jury awards to …
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By Caroline Valetkevitch and Chuck Mikolajczak NEW YORK – As the small cap Russell 2000 hovers near bear market territory, some strategists are optimistic the index and U.S. stock market …
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BEIJING -China’s central bank published draft rules on Friday to strengthen risk management over the use of commercial bills, and set up caps for banks’ commercial bills financing business, according …
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LONDON – British house prices rose by a stronger-than-expected 1.0% in December from November, capping the biggest full-year rise in prices since 2006, figures from mortgage lender Nationwide showed on …
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SHANGHAI/BEIJING – A central bank-led self-regulatory group that helps to oversee China’s foreign exchange industry has asked commercial banks to cap the size of their proprietary trading accounts, five sources …
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TOKYO – Japan’s ruling coalition have agreed on a 9.6 million yen ($84,693) annual income cap for stimulus payments of 100,000 yen in cash and coupons to be distributed to …
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By Deena Beasley – A proposed cap on out-of-pocket drug costs for Medicare recipients would improve patient access, but allowing the U.S. government health plan for seniors to negotiate prices …