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Economic

Brazil’s economic activity shrinks in October on rate hike impact

December 14, 2022
Brazil's economic activity shrinks in october on rate hike impact - photo licensed by shore news network.

BRASILIA (Reuters) – Brazil’s economic activity contracted in October, a central bank index showed on Wednesday, as aggressive interest-rate hikes to battle inflation takes a …

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United Airlines preparing for ‘mild’ economic recession next year -CEO

December 13, 2022
United airlines preparing for 'mild' economic recession next year -ceo - photo licensed by shore news network.

By David Shepardson and Rajesh Kumar Singh NORTH CHARLESTON, S.C./CHICAGO (Reuters) – United Airlines Inc Chief Executive Scott Kirby on Tuesday said his company is …

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JASON ISAAC: If The Grinch Ever Wanted To Steal Christmas Again, He Could Just Adopt The Left’s Economic Policies

December 13, 2022
Jason isaac: if the grinch ever wanted to steal christmas again, he could just adopt the left’s economic policies - photo licensed by shore news network.

JASON ISAAC: If The Grinch Ever Wanted To Steal Christmas Again, He Could Just Adopt The Left’s Economic Policies Jason Isaac on December 12, 2022 …

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Swiss gov’t expects economic slowdown in 2023 but no recession

December 13, 2022
Swiss gov't expects economic slowdown in 2023 but no recession - photo licensed by shore news network.

ZURICH (Reuters) – The Swiss government expects the country’s economic growth to slow next year although it should avoid a recession, it said on Tuesday, …

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Dutch economic growth to slow to 0.6% in 2023 -IMF

December 9, 2022December 9, 2022
Dutch economic growth to slow to 0. 6% in 2023 -imf - photo licensed by shore news network.

AMSTERDAM (Reuters) – Economic growth in the Netherlands is set to slow to 0.6% next year as high inflation hits domestic spending and puts a …

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Yellen ‘open’ to visiting China, will seek deeper economic engagement

December 8, 2022December 8, 2022
Yellen 'open' to visiting china, will seek deeper economic engagement - photo licensed by shore news network.

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 …

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Kenya’s economic growth to slow to 5% next year, World Bank says

December 8, 2022December 8, 2022
Kenya's economic growth to slow to 5% next year, world bank says - photo licensed by shore news network.

NAIROBI (Reuters) – Kenya’s economic growth will slow down to 5% next year from an estimated 5.5% this year, the World Bank said on Thursday, …

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Australian minister urges greater U.S. economic engagement with Indo-Pacific

December 7, 2022December 7, 2022
Australian minister urges greater u. S. Economic engagement with indo-pacific - photo licensed by shore news network.

WASHINGTON (Reuters) – Australia’s Foreign Minister on Wednesday praised Washington’s commitment to Indo-Pacific security but said its departure from a regional trade pact was still …

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J.P.Morgan sees ‘milder’ euro zone economic contraction in fourth quarter

December 7, 2022December 7, 2022
J. P. Morgan sees 'milder' euro zone economic contraction in fourth quarter - photo licensed by shore news network.

(Reuters) – J.P.Morgan on Wednesday forecast a “milder” fourth-quarter contraction in the euro zone after strong resilience of the household sector resulted in a better-than-expected …

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Wall Street cuts jobs as grim economic reality sets in – Lazard CEO

December 7, 2022December 7, 2022
Wall street cuts jobs as grim economic reality sets in - lazard ceo - photo licensed by shore news network.

(Reuters) – Wall Street banks are adjusting to a more sluggish economic environment by laying off staff even as they compete to retain and recruit …

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Mexico peso seen resilient through economic slowdown in 2023: Reuters poll

December 7, 2022
Mexico peso seen resilient through economic slowdown in 2023: reuters poll - photo licensed by shore news network.

By Gabriel Burin BUENOS AIRES (Reuters) – The Mexican peso will weaken only modestly in 2023 through a gathering economic slowdown as confidence in the …

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Euro zone economic growth revised up with household, business support

December 7, 2022December 7, 2022
Euro zone economic growth revised up with household, business support - photo licensed by shore news network.

BRUSSELS (Reuters) – Euro zone gross domestic product (GDP) grew by slightly more than initially estimated, data from the European statistics agency Eurostat showed on …

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Gulf states, looking East, to reinforce economic ties with China as Xi visits Saudi

December 6, 2022
Gulf states, looking east, to reinforce economic ties with china as xi visits saudi - photo licensed by shore news network.

By Rachna Uppal DUBAI (Reuters) – Trade and investment ties between China and Gulf Arab states are expected to feature prominently in President Xi Jinping’s …

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Ghana to swap domestic debt in fight to regain economic stability

December 4, 2022December 4, 2022
Ghana to swap domestic debt in fight to regain economic stability - photo licensed by shore news network.

By Christian Akorlie and Cooper Inveen ACCRA (Reuters) – Ghana will launch a domestic debt exchange on Monday, its Finance Minister Ken Ofori-Atta said, expressing …

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Russia’s more gradual economic contraction to extend into 2023: Reuters Poll

December 2, 2022
Russia's more gradual economic contraction to extend into 2023: reuters poll - photo licensed by shore news network.

By Alexander Marrow MOSCOW (Reuters) – Russia’s economy is set to shrink by 2.5% next year, on top of a 3% contraction in 2022, a …

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Turkey’s economic growth slows to 3.9% in Q3 as foreign demand falls

November 30, 2022
Turkey's economic growth slows to 3. 9% in q3 as foreign demand falls - photo licensed by shore news network.

By Nevzat Devranoglu and Ali Kucukgocmen ANKARA (Reuters) – Turkey’s economy expanded 3.9% in the third quarter from a year ago, according to official data …

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Euro zone economic sentiment rebounds in Nov more than expected

November 29, 2022
Euro zone economic sentiment rebounds in nov more than expected - photo licensed by shore news network.

BRUSSELS (Reuters) – Euro zone economic sentiment rebounded in November slightly more than expected, data showed on Tuesday, rising for the first time since the …

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Global shipping growth at risk from economic gloom, UNCTAD says

November 29, 2022
Global shipping growth at risk from economic gloom, unctad says - photo licensed by shore news network.

By Jonathan Saul LONDON (Reuters) – The pace of global shipping activity is set to lose steam next year as economic turmoil, conflict in Ukraine …

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Egypt’s economic growth at 4.4% in Q1 of FY 2022/23 – cabinet

November 28, 2022November 28, 2022
Egypt's economic growth at 4. 4% in q1 of fy 2022/23 - cabinet - photo licensed by shore news network.

CAIRO (Reuters) – Egypt posted economic growth at 4.4% in Q1 of the fiscal year 2022/23, a cabinet statement said on Monday. The employment rate …

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France’s Le Maire: Europe must defend its economic interests against U.S. subsidy package

November 27, 2022November 27, 2022
France's le maire: europe must defend its economic interests against u. S. Subsidy package - photo licensed by shore news network.

PARIS (Reuters) – France may try to negotiate some exemptions from the duties and limits imposed by the U.S. anti-inflation act but Europe must act …

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Abu Dhabi close to unveiling new economic strategy – economic development chairman

November 24, 2022

ABU DHABI (Reuters) – Abu Dhabi is close to unveiling its overall new economic strategy, Mohamed Ali Al Shorafa, chairman of the Abu Dhabi Department …

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IMF, Ukraine reach economic policy monitoring arrangement

November 23, 2022
Imf, ukraine reach economic policy monitoring arrangement - photo licensed by shore news network.

By David Lawder WASHINGTON (Reuters) -The International Monetary Fund said on Wednesday it has reached a staff-level agreement with Ukraine for a policy program monitoring …

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Energy supply improvements brighten Germany’s economic picture -Ifo

November 22, 2022November 22, 2022
Energy supply improvements brighten germany's economic picture -ifo - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s economic picture has become slightly brighter, with improvements in gas supply, in particular, having an effect, the head of Germany’s Ifo …

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Energy windfall improved Algeria’s economic position, says IMF

November 21, 2022
Energy windfall improved algeria's economic position, says imf - photo licensed by shore news network.

TUNIS (Reuters) – Higher energy prices have “materially improved” the Algerian economy’s near-term outlook, the International Monetary Fund (IMF) said on Monday, adding that fiscal …

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U.S. VP Harris: United States has enduring economic commitment to Indo-Pacific

November 18, 2022
U. S. Vp harris: united states has enduring economic commitment to indo-pacific - photo licensed by shore news network.

BANGKOK (Reuters) – U.S. Vice President Kamala Harris told a CEO summit during an APEC summit in Bangkok on Friday that her country has an …

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China should set 2023 economic growth target no lower than 5% – central bank adviser

November 18, 2022November 18, 2022
China should set 2023 economic growth target no lower than 5% - central bank adviser - photo licensed by shore news network.

BEIJING (Reuters) – China should set its economic growth target no lower than 5% for 2023, Liu Shijin, a policy adviser to its central bank, …

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Brazil’s economic activity resumes growth in September, but below expectations

November 14, 2022
Brazil's economic activity resumes growth in september, but below expectations - photo licensed by shore news network.

BRASILIA (Reuters) – Economic activity in Brazil resumed expansion in September, though below expectations, still ending the quarter with positive data, central bank data showed …

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Yellen hopes Biden-Xi G20 meeting will boost U.S.-China economic engagement

November 14, 2022
Yellen hopes biden-xi g20 meeting will boost u. S. -china economic engagement - photo licensed by shore news network.

By David Lawder NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Janet Yellen said she hopes President Joe Biden’s meeting on Monday with Chinese President …

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Indonesia expects G20 to deliver concrete outcomes for global economic recovery

November 14, 2022November 14, 2022
Indonesia expects g20 to deliver concrete outcomes for global economic recovery - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia’s President Joko Widodo told U.S. President Joe Biden on Monday that he expected the G20 summit to deliver concrete partnerships that …

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Waxahachie Woman Charged in $1.2 Million Paycheck Protection Program, Economic Injury Disaster Loan Program Fraud

November 11, 2022
Waxahachie woman charged in $1. 2 million paycheck protection program, economic injury disaster loan program fraud - photo licensed by shore news network.

A Waxahachie woman who allegedly defrauded pandemic-era financial programs out of more than $1.2 million has been federally charged, announced U.S. Attorney for the Northern …

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BoE should stand firm on inflation despite economic slowdown-Haskel

November 11, 2022
Boe should stand firm on inflation despite economic slowdown-haskel - photo licensed by shore news network.

LONDON (Reuters) -Bank of England interest rate-setter Jonathan Haskel said signs of a slowdown in Britain’s economy did not imply a need for less tightening …

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ANTONI: Even Corporate Media Is Calling Out Biden’s Absurd Economic Fairytales

November 6, 2022
Antoni: even corporate media is calling out biden’s absurd economic fairytales - photo licensed by shore news network.

ANTONI: Even Corporate Media Is Calling Out Biden’s Absurd Economic Fairytales E.J. Antoni on November 5, 2022 With only days left until the midterm elections, …

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Major Tech Firms Cut Jobs, Freeze Hiring Thanks To Fears Of Economic Downturn

November 3, 2022
Major tech firms cut jobs, freeze hiring thanks to fears of economic downturn - photo licensed by shore news network.

Major Tech Firms Cut Jobs, Freeze Hiring Thanks To Fears Of Economic Downturn John Hugh DeMastri on November 3, 2022 Ridesharing app Lyft and payment …

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Factbox-Highlights from Canada government’s fall economic statement

November 3, 2022
Factbox-highlights from canada government's fall economic statement - photo licensed by shore news network.

OTTAWA (Reuters) – Below are some of the key proposals and takeaways from the annual fall economic statement unveiled by Canada’s Finance Minister Chrystia Freeland …

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Thai monetary policy will consider economic outlook, inflation – central bank

November 3, 2022
Thai monetary policy will consider economic outlook, inflation - central bank - photo licensed by shore news network.

BANGKOK (Reuters) – Thailand’s central bank said on Thursday its policy will take into account the country’s economic growth, inflation rate, and financial stability. “Capital …

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Afreximbank plans $1.5 billion economic package for Botswana

November 2, 2022
Afreximbank plans $1. 5 billion economic package for botswana - photo licensed by shore news network.

GABORONE (Reuters) – The African Import and Export Bank (Afreximbank) plans a $1.5 billion economic package for Botswana to support key economic sectors such as …

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Economic slump nudges down platinum and palladium forecasts – Reuters poll

November 2, 2022
Economic slump nudges down platinum and palladium forecasts - reuters poll - photo licensed by shore news network.

By Eileen Soreng and Peter Hobson (Reuters) – Analysts and traders have downgraded their forecasts for platinum and palladium prices next year as a global …

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FURCHTGOTT-ROTH: Biden’s Tales Of An Economic ‘Recovery’ Don’t Mesh With Reality

November 1, 2022
Furchtgott-roth: biden’s tales of an economic ‘recovery’ don’t mesh with reality - photo licensed by shore news network.

FURCHTGOTT-ROTH: Biden’s Tales Of An Economic ‘Recovery’ Don’t Mesh With Reality Diana Furchtgott-Roth on October 31, 2022 With the Commerce Department announcement that GDP had grown …

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Approval of Japan PM Kishida’s gov’t hits new low, no help from economic plan

October 30, 2022October 30, 2022
Approval of japan pm kishida's gov't hits new low, no help from economic plan - photo licensed by shore news network.

TOKYO (Reuters) – Public approval ratings for the government of Japan’s Prime Minister Fumio Kishida touched a new low in one opinion poll and clung …

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He Lifeng: China’s expected new economic tsar has big shoes to fill

October 29, 2022
He lifeng: china's expected new economic tsar has big shoes to fill - photo licensed by shore news network.

By Kevin Yao BEIJING (Reuters) – He Lifeng, head of China’s state planning agency, is likely to succeed the country’s economic tsar Vice Premier Liu …

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Tunisia to start difficult economic reforms soon – central bank governor

October 29, 2022October 29, 2022
Tunisia to start difficult economic reforms soon - central bank governor - photo licensed by shore news network.

TUNIS (Reuters) – Tunisia will soon enact difficult economic reforms that have been delayed for years, the central bank governor said on Saturday, adding that …

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‘Everything Will Stop’: Tucker Carlson Rips Biden Admin For Diesel Shortage, Says US Is Facing ‘Economic Catastrophe’

October 28, 2022
‘everything will stop’: tucker carlson rips biden admin for diesel shortage, says us is facing ‘economic catastrophe’ - photo licensed by shore news network.

‘Everything Will Stop’: Tucker Carlson Rips Biden Admin For Diesel Shortage, Says US Is Facing ‘Economic Catastrophe’ Harold Hutchison on October 27, 2022 Fox News …

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Mexico’s Q3 economic activity points to 2.4% annual growth -finance ministry

October 28, 2022October 28, 2022
Mexico's q3 economic activity points to 2. 4% annual growth -finance ministry - photo licensed by shore news network.

MEXICO CITY (Reuters) – Mexico’s economic activity indicators in the third quarter point to economic growth in line with forecasts of 2.4% annual growth in …

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Biden says U.S. Q3 growth shows economic recovery ‘continuing to power forward’

October 27, 2022October 27, 2022
Biden says u. S. Q3 growth shows economic recovery 'continuing to power forward' - photo licensed by shore news network.

WASHINGTON (Reuters) – President Joe Biden said on Thursday that a U.S. economic growth rebound in the third quarter was evidence an economic recovery “is …

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Exclusive-Bank of Mexico nears end of rate hike cycle, eyes economic toll, board member says

October 26, 2022October 26, 2022
Exclusive-bank of mexico nears end of rate hike cycle, eyes economic toll, board member says - photo licensed by shore news network.

By Anthony Esposito and Ana Isabel Martinez MEXICO CITY (Reuters) – Bank of Mexico board member Gerardo Esquivel cautioned against increasing the monetary policy rate …

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Former Trump Economic Adviser Hammers Biden Admin’s ‘War’ On Fossil Fuels

October 25, 2022
Former trump economic adviser hammers biden admin’s ‘war’ on fossil fuels - photo licensed by shore news network.

Former Trump Economic Adviser Hammers Biden Admin’s ‘War’ On Fossil Fuels Harold Hutchison on October 25, 2022 Fox Business host and former National Economic Council …

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POLL: Most Americans See Dem Control Of Congress As An Economic Ticking Time Bomb

October 24, 2022October 24, 2022
Poll: most americans see dem control of congress as an economic ticking time bomb - photo licensed by shore news network.

POLL: Most Americans See Dem Control Of Congress As An Economic Ticking Time Bomb Bronson Winslow on October 24, 2022 Almost 60% of Americans believe …

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U.S. yields climb as hawkish Fed concerns outweigh weaker economic data

October 24, 2022
U. S. Yields climb as hawkish fed concerns outweigh weaker economic data - photo licensed by shore news network.

By Davide Barbuscia NEW YORK (Reuters) – U.S. Treasury yields climbed on Monday as investors remained concerned the Federal Reserve would maintain its ultra hawkish …

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UK finance minister Hunt: ‘Time for honesty’ about economic challenges

October 24, 2022
Uk finance minister hunt: 'time for honesty' about economic challenges - photo licensed by shore news network.

LONDON (Reuters) – British finance minister Jeremy Hunt said on Monday it was time for “honesty” about the economic challenges facing the country as he …

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Australia to cut economic growth forecasts on lower consumer spending

October 23, 2022October 23, 2022
Australia to cut economic growth forecasts on lower consumer spending - photo licensed by shore news network.

SYDNEY (Reuters) – Australia’s economic growth is expected to slow sharply next financial year as rising inflation curbs household consumption, according to new forecasts to …

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