By Katanga Johnson WASHINGTON – The Biden administration on Friday said it has resumed plans for oil and gas development on federal lands, a move that could break a pledge …
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By Valentine Hilaire (Reuters) – Southern Copper Corp said on Wednesday that its Peruvian mine remains closed after six weeks of a standoff with protesters, accusing Peru’s government of failing …
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Citigroup says Mexico unit buyer’s nationality not decisive, despite government preference
by ReutersMEXICO CITY – The nationality of who buys Citigroup’s Mexican unit, known as Citibanamex, will not be the deciding factor despite the Mexican government’s preference to sell the bank to …
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NEW YORK – A U.S. recession is not imminent despite the inversion of a part of the U.S. Treasury yield curve which has been “artificially pressured” by some investors, BlackRock …
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Despite Denials, Joe Biden Was Involved With Hunter’s Wheeling And Dealing Harold Hutchison on April 7, 2022 Despite denials from the White House, President Joe Biden has reportedly had contact …
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By Gabriel Burin BUENOS AIRES – Brazil’s real will keep trading close to its pre-pandemic levels in coming weeks, still riding a wave of positive sentiment that is strikingly at …
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By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO -Sri Lankan President Gotabaya Rajapaksa will not resign, a minister said on Wednesday, despite demonstrations against his handling of the country’s worst economic …
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California City To Give Trans Residents $900 A Month Despite Resistance from Transgender Mayor Laurel Duggan on April 5, 2022 Palm Springs, California is set to debut a program giving …
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Russia Expects To Get Richer Despite Being Slapped With Western Sanctions Thomas Catenacci on April 5, 2022 The Russian government is projecting an increase of nearly $10 billion in energy …
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By Joseph Ax (Reuters) – Early voting began in Ohio on Tuesday for the May 3 primary elections, all but ensuring that voters will pick their candidates for the U.S. …
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BRASILIA – Diogo Guillen, who was nominated to the board of Brazil’s central bank, said on Tuesday that it seems appropriate to keep the government’s current inflation targets despite recent …
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LONDON – Global nickel smelting activity climbed in March, including in major producer Russia despite the Ukraine conflict, data from satellite surveillance of nickel plants showed. Production in Russia has …
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Prices Are Still Rising Despite The Fed Saying Everything’s Under Control Harry Wilmerding on March 31, 2022 The price of goods throughout the economy rose at its fastest level in …
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By Carolyn Cohn and Noor Zainab Hussain LONDON – Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite policy wording designed to get …
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Exclusive-Italy to stick to 5.6% deficit target despite slashing growth outlook – sources
by ReutersBy Giuseppe Fonte and Gavin Jones ROME – Italy plans to confirm its 2022 budget deficit target at 5.6% of national output, two sources close to the matter told Reuters, …
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By Leika Kihara TOKYO – Bank of Japan policymakers stressed the need to keep monetary policy ultra-loose, even as some of them saw signs of growing inflationary pressure from the …
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LISBON – The European Central Bank does not contemplate a recession in the euro zone in its economic scenario despite the conflict in Ukraine that has exacerbated inflationary pressures, ECB …
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By Phil Stewart WASHINGTON – Three current and former members of the Tennessee National Guard falsely identified in a Russian media report as mercenaries who were killed in Ukraine are …
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By Gaurav Dogra – Emerging Asian bonds excluding China continued to see foreign inflows for a 21st straight month in February, but analysts are turning pessimistic about the outlook due …
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FRANKFURT – The euro zone economy is still set for robust growth this year, even if war in Ukraine is going to be a drag via high commodity prices, European …
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By Matt Scuffham and David Henry NEW YORK – Several of Wall Street’s biggest banks are planning on keeping a limited presence and holding on to banking licenses in Russia …
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By Wayne Cole SYDNEY – Australia’s central bank remains prepared to be patient on raising interest rates as it waits for wage growth to pick up, though it warned a …
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WASHINGTON – The White House said on Monday it still supported moving all five of U.S. President Joe Biden’s nominees for the Federal Reserve through a key Senate committee despite …
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By Ryan Woo BEIJING – Chinese Premier Li Keqiang said on Friday he is confident of hitting this year’s economic growth target, despite headwinds including the war in Ukraine, pledging …
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By Andy Bruce LONDON – House price growth in Britain hit a new eight-month high in February as the housing market showed little sign of losing momentum amid a growing …