India not defending rupee, does not need to – says chief economic adviser
NEW DELHI (Reuters) – India does not need to defend the rupee because its economic fundamentals are such that the currency can take care of …
Economic
U.N. presses Sri Lanka to advance human rights amid economic crisis
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka should improve human rights and strengthen institutions to tackle the humanitarian challenges that have sprung from its …
Winds of change shift Germany’s economic power northwards
(Fixes typographical error in the headline) By Thomas Escritt and Andreas Rinke BERLIN (Reuters) – Germany’s wet and windswept north has long lacked the economic …
Lula may tap running mate to head Brazil economic policy, aides say
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Former Brazilian President Luiz Inacio Lula da Silva could tap his centrist running mate and former …
Peru launches economic package amid worries of slowing growth
LIMA (Reuters) – Peru’s finance ministry on Thursday unveiled an economic package it says can help lift the economy at times of a global slowdown …
Japan planning new economic package in October after near-term help
By Daniel Leussink and Kantaro Komiya TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida said the government will present another economic package in October, which would …
New finance minister Kwarteng gives UK PM Truss key ally in economic storm
By Alistair Smout, Elizabeth Piper and Sinead Cruise LONDON (Reuters) – In Kwasi Kwarteng, Prime Minister Liz Truss has picked an ideological ally as Britain’s …
ANTONI: A Massive Economic Storm Is Already Overhead And Nobody Seems To Notice
ANTONI: A Massive Economic Storm Is Already Overhead And Nobody Seems To Notice E.J. Antoni on September 5, 2022 When ominously dark clouds roll in …
ORTIZ: Here’s One Economic Story Nobody In The White House Wants To Talk About
ORTIZ: Here’s One Economic Story Nobody In The White House Wants To Talk About Alfredo Ortiz on September 2, 2022 The biggest story in America …
China to publish detailed economic policy steps in early September
BEIJING (Reuters) -China said it will publish detailed steps for newly announced economic policy measures in early September, suggesting an urgency for policymakers to revive …
Increasing Revenue in the Restaurant Setting Despite Economic Stressors
Lauren fernandez As we look toward 2023, there is one thing for certain. None of us have a crystal ball to predict every spike or …
Euro zone economic sentiment falls more than expected in Aug
BRUSSELS (Reuters) – Euro zone economic sentiment fell more than expected in August, data showed on Tuesday, dragged lower by a drop in optimism in …
ANTONI: One Economic Indicator Could Be Dems’ Achilles Heel Heading Into November. Here’s What It Is
ANTONI: One Economic Indicator Could Be Dems’ Achilles Heel Heading Into November. Here’s What It Is E.J. Antoni on August 27, 2022 When it comes …
‘Economic Patriotism’: One Democrat’s Campaign Tour May Signal Bipartisan Progress
‘Economic Patriotism’: One Democrat’s Campaign Tour May Signal Bipartisan Progress Arjun Singh on August 26, 2022 Democratic Congressman Ro Khanna of California is running a …
Moldova cuts 2022 economic growth forecast to zero
CHISINAU (Reuters) – The Moldovan government revised its 2022 economic growth forecast to zero from the previous 0.3%, pointing to the negative impact of the …
Erdogan’s plan to manage Turkey’s economic crisis gets summer reprieve
By Nevzat Devranoglu and Orhan Coskun ANKARA (Reuters) – A windfall of foreign funds arriving in Turkey and sustained interest in a state-backed deposit scheme …
Swedish economic growth set to slow significantly – finance minister
STOCKHOLM (Reuters) – Swedish economic growth is expected to slow significantly during the second half of the year as high inflation hampers economic activity, Sweden’s …
China’s fiscal revenue growth slows slightly amid sluggish economic recovery
BEIJING (Reuters) – China’s fiscal revenue growth slowed slightly in the January-July period compared to the first six months of the year, finance ministry data …
The disappointing economic backdrop to China’s policy dilemma
By Patturaja Murugaboopathy (Reuters) – China’s central bank cut its interest rates on Monday for the second time this year, but analysts suspect it will …
China to boost economic demand, speed up infrastructure – state planner
BEIJING – China will boost economic demand in a strong, reasonable and moderate manner and accelerate infrastructure construction in the third quarter of the year, …
Brazil economic activity much brisker than expected in June
BRASILIA – Economic activity in Brazil rose more than expected in June, a central bank index showed on Monday, contributing to a second-quarter rally helped …
Marketmind: Asia’s economic spotlight shines on giants China, Japan
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Economic data from Asia’s two economic powerhouses kicks off the global …
World Economic Forum Wants To Use AI To Automatically Censor Speech On The Internet
World Economic Forum Wants To Use AI To Automatically Censor Speech On The Internet Micaela Burrow on August 11, 2022 The World Economic Forum (WEF) …
Thailand approves benefits for airport-centred economic zone
BANGKOK – Thailand’s cabinet on Tuesday approved investment benefits for a 10.4 square kilometre (4 square mile) special economic zone centred on a repurposed Vietnam …
Suzuki Motor says demand strong despite economic concerns
TOKYO – Japan’s Suzuki Motor said on Friday it did not see demand for vehicles slowing at home or in its key market of India …
Philippine central bank to continue supporting economic recovery despite rate hikes
MANILA – The Philippine central bank will continue supporting the economy’s recovery despite a planned 25 or 50 basis point rate hike this month, its …
Russian central bank says economic downturn to deepen in Q3
MOSCOW – Russia’s economic contraction will deepen in the third quarter of 2022, while its strong current account surplus, the key driver of the rouble’s …
Lebanon’s ordeal: from civil strife to economic collapse
BEIRUT – Lebanon marks the second anniversary on Thursday of the Beirut port explosion that killed 215 people and is widely seen as a symbol …
New Zealand consumers, businesses gloomy, economic risks grow
By Lucy Craymer WELLINGTON – New Zealand is at growing risk of sliding into a recession in the second half of 2022, some economists said …
Argentina’s Fernandez bets on ‘superministry’ to stop economic bleeding
By Nicolás Misculin BUENOS AIRES – Argentine President Alberto Fernandez launched his latest effort to tackle an economy in crisis on Thursday, tapping one of …
China Hints At Missing Economic Growth Target Amid Banking Crisis, Declining Population
China Hints At Missing Economic Growth Target Amid Banking Crisis, Declining Population Micaela Burrow on July 28, 2022 Chinese leaders muted expectations of economic growth …
Amid clouds on economic horizon, Spain’s jobless rate stays below 3 million mark
(Reuters) – Spain’s jobless number remained below three million for the second month running, falling to 12.48% in the April to June period of 2022 …
China needs COVID strategy rethink to limit economic harm, IMF official says
By Jorgelina do Rosario, Karin Strohecker and Rodrigo Campos LONDON – China needs to rethink its zero-COVID policy to avoid more harm to the economy, …
Russian disposable incomes drop in Q2 as economic data paints gloomy outlook
MOSCOW – Real disposable incomes in Russia fell 0.8% in the second quarter of 2022, preliminary data showed on Wednesday, with rising prices and restrictions …
Analysis: Tunisia’s Saied savours near total power but faces looming economic tests
By Tarek Amara and Angus McDowall TUNIS – By ramming through his new constitution, President Kais Saied has cemented his role as master of Tunisia, …
Japan raises economic view, signals broader recovery
TOKYO – Japan upgraded its overall view on the economy for the first time in three months in July, signalling a broader recovery in economic …
U.S. Treasury officials say overall economic strength belies weak GDP
By David Lawder WASHINGTON – U.S. Treasury officials said on Monday overall income and jobs figures suggested the economy was in good health and not …
European Central Bank will consider economic situation when deciding on rates -Holzmann
(Reuters) – The European Central Bank will consider the economic situation before deciding whether to press ahead with another big interest rate hike in September, …
Thai central bank to ensure uninterrupted economic recovery
By Orathai Sriring and Kitiphong Thaichareon BANGKOK – Thailand’s economy has clearly recovered and the central bank will ensure the recovery is not interrupted by …
POLL: Biden’s Economic Approval Sinks To New Low
POLL: Biden’s Economic Approval Sinks To New Low Laurel Duggan on July 18, 2022 President Joe Biden’s economic approval hit a new low in a …
Vietnam central bank says will stick to monetary policy that supports economic growth
HANOI – Vietnam will stick to a monetary policy that is “supportive for economic growth” while closely monitoring the inflation situation, the State Bank of …
Wall Street banks worry about economic storms ahead
By Elizabeth Dilts Marshall NEW YORK – Wall Street’s biggest banks sounded cautious on economic headwinds ahead, reducing risk in certain areas as they assess …
Column-The new economic normal – living with COVID: McGeever
(The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever ORLANDO, Fla. – Central banks are jacking up interest …
BOJ’s Kuroda warns of high economic uncertainty, repeats easy policy bias
By Leika Kihara TOKYO -Bank of Japan (BOJ) Governor Haruhiko Kuroda on Monday warned of “very high uncertainty” over the economic outlook and stressed anew …
Singapore minister says India needs higher economic growth to create jobs
NEW DELHI – India needs to achieve higher economic growth by focusing on exports and expanding production-linked incentives for more sectors to create more jobs, …
Shinzo Abe sought to reinvigorate Japan with bold economic policies, strong armed forces
TOKYO – Shinzo Abe, Japan’s longest-serving prime minister, who sought to lift the economy out of chronic deflation with his bold “Abenomics” policies, beef up …
North Korean streets flooded as heavy rains exacerbate economic crisis
SEOUL – North Korean towns along the border with China were flooded this week after heavy rain, threatening to exacerbate an already critical food and …
Brazil’s IBC-Br economic activity index falls in April after robust gain in March
BRASILIA – Brazilian economic activity kicked off the second quarter in a downturn, the central bank index showed on Thursday, losing steam in April after …
Fed needs to be aggressive on rate hikes, risk economic harm – Waller
(Reuters) – The U.S Federal Reserve needs to maintain focus on bringing down high inflation even if it runs the risk of causing economic harm, …
Fed’s Bullard sees continued U.S. economic growth
(Reuters) – The U.S. economy is expected to continue to grow this year even as the Federal Reserve raises interest rates sharply to bring down …