(Reuters) – Moody’s on Thursday downgraded Egypt’s credit rating by a notch to ‘Caa1’ from ‘B3’, citing the country’s worsening debt affordability. Egypt has been facing an economic crisis with …
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(Reuters) – Global ratings agency Fitch downgraded Ecuador deeper into junk territory on Wednesday, citing financing risks arising from a significant deterioration in fiscal accounts as the country heads to …
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BRASILIA/SAO PAULO (Reuters) – Private economists in Brazil anticipate deeper monetary easing this year and improved inflation prospects until 2026 following the government’s decision to maintain the country’s inflation goal …
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HANOI (Reuters) – Vietnamese electric vehicle (EV) maker VinFast has reported a drop in first-quarter revenue by 49%, with a net loss deepening to $598 million in the first full …
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(Reuters) – JPMorgan in a research note on Friday said it now forecast a 0.2% decline in South Africa’s 2023 gross domestic product versus a previous forecast for 0.3% growth, …
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By Gabriel Burin BUENOS AIRES (Reuters) – Argentina’s economy will teeter on the edge of a deeper crisis in the run up to October’s presidential vote as growing market anxiety …
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By Jeff Mason and Julia Symmes Cobb WASHINGTON (Reuters) – U.S. President Joe Biden praised Colombian President Gustavo Petro on Thursday for his country’s treatment of refugees from Venezuela and …
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By Robert Muller PRAGUE (Reuters) – The Czech government needs to dig deeper than it plans to shore up the state budget which has fallen to record deficits, and must …
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GORDON CHANG: China Smiles As America Falls Deeper Into The TikTok Trap Gordon Chang on January 8, 2023 TikTok, the extremely popular video-sharing app, is in the midst of another …
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By Lucy Craymer WELLINGTON (Reuters) – Confidence in New Zealand has slumped in recent weeks, raising concerns the country might be headed toward a deeper recession than most have forecast. …
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By Andrea Shalal FORT WORTH, Texas (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said she was “open” to visit China as she seeks to deepen economic engagement with …
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KYIV (Reuters) – Ukraine’s GDP will fall deeper than expected this year because of Russian air strikes on the country’s energy infrastructure, central bank deputy governor Serhiy Nikolaychuk said on …
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LONDON (Reuters) -Bank of England rate-setter Swati Dhingra said in an interview published on Saturday that higher interest rates could lead to a deeper and longer recession, adding there were …
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(Reuters) – Ratings agency S&P Global on Wednesday cut Argentina’s long-term local currency sovereign credit rating by two notches to “CCC-” from “CCC+” to reflect increased vulnerabilities over the next …
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MOSCOW (Reuters) – Russian retail sales fell deeper and the jobless rate slightly increased in September, official data from the state statistics service Rosstat showed on Wednesday, after the Kremlin …
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LONDON (Reuters) -British businesses are suffering their worst month since January 2021, when they were under a COVID-19 lockdown, as the country’s political upheavals compound concerns about inflation and rising …
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By Steve Scherer OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau and South Korean President Yoon Suk-yeol on Friday agreed to deepen cooperation on critical minerals used in electric vehicles …
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(Reuters) – Global ratings agency S&P Global on Monday slashed its rating on Sri Lankan bonds to ‘D’, representing default, following missed interest and principal payments. The South Asian nation, …
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By Joseph White DETROIT – General Motors Co has lost nearly $5 billion since 2018 trying to build a robotaxi business in San Francisco, and now as the automaker’s Cruise …
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By Timour Azhari and Maya Gebeily BEIRUT – Lebanon’s untamed financial crisis is gathering new menace as it heads into a fourth year, with political paralysis dampening hope of reforms …
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By Simon Jessop and Ross Kerber LONDON – The world is awash with money, yet spending nowhere near enough to prevent extreme climate change. As time runs out, urgent policy …
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(Reuters) – Major Russian oil refiners have told the Energy Ministry they expect to make deeper cuts to refinery runs in the coming weeks due to overstocking after a sharp …
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The Biden Admin’s Ties To Ukraine Go Deeper Than Hunter And Burisma Thomas Catenacci on March 24, 2022 A senior Biden administration official handling global energy policy recently held a …
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By Mark Trevelyan – President Vladimir Putin has shifted the Ukraine crisis into a new, more dangerous phase with a barrage of words and actions that suggest his ultimate aims …
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Loudoun County Commonwealth’s Attorney is facing criticism that extends beyond her handling of sexual assault allegations in Loudoun County Public Schools (LCPS), Fox 5 DC reported. A county supervisor said …