(Reuters) – Russia’s economy has shown resilience to Western sanctions, Economy Minister Maxim Reshetnikov said on Wednesday, expressing confidence that inflation in Russia will slow down further. Russia has withstood …
economy
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FRANKFURT – The European Central Bank has told banks to buckle up and prepare for a bumpy road ahead as the Ukraine war hits the economy and a sudden surge …
- Financial News
Ukraine removes fuel price restrictions to increase supply – economy minister
by Reutersby ReutersKYIV – Ukraine’s government has lifted restrictions on fuel prices to enable traders to import more and make up the shortage Ukraine is experiencing after Russian forces destroyed many storage …
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BEIJING – China’s statistics bureau on Monday said it expects China’s economy to improve in May and that a recovery in consumption would quicken. China is steadily pushing forward production …
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Peru economy grows 3.79% in March, weighed down by mining protests
by Reutersby ReutersLIMA – Peru’s economy grew 3.79% in March compared with a year earlier, the country’s statistics agency said on Sunday, with most sectors of the economy showing improvement, while the …
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The Media’s New Line: Abortion Is Good For The Economy. Here’s Why That’s Wrong
The Media’s New Line: Abortion Is Good For The Economy. Here’s Why That’s Wrong Laurel Duggan on May 12, 2022 Corporate media outlets argued that abortion restrictions will hurt the …
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Small Businesses Struggle To Survive In Biden’s Economy, Optimism Hits All-Time Low: POLL
Small Businesses Struggle To Survive In Biden’s Economy, Optimism Hits All-Time Low: POLL Thomas Catenacci on May 13, 2022 Small business owners are increasingly pessimistic about U.S. economic conditions and …
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Thailand’s economy likely grew modestly in Q1, stung by high inflation: Reuters poll
by Reutersby ReutersBy Arsh Tushar Mogre BENGALURU – Thailand’s economy likely grew modestly in the first quarter, thanks to robust exports and an easing of COVID-19 restrictions and despite low tourist arrivals …
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Asked about Musk and Twitter, FTC official says some deals help economy
by Reutersby ReutersWASHINGTON – Noah Phillips, a Republican on the U.S. Federal Trade Commission, on Thursday sidestepped a question about Elon Musk’s plan to buy Twitter but said some transactions were economically …
- Financial News
China to roll out new policies when needed to support economy – party official
by Reutersby ReutersBEIJING -China will not hesitate to introduce new policies to prop up growth, a senior Communist Party official said on Thursday, as the economy feels the pinch of protracted COVID-19 …
- Financial News
Russia’s economy to start stabilising in ‘new equilibrium’ near year-end -central bank
by Reutersby Reuters(Reuters) – Russia’s economy will begin stabilising in its “new equilibrium” closer to the end of this year after beginning to go through a structural transformation in the second and …
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Russia names deputy economy minister Galkin as new statistics chief
by Reutersby Reuters(Reuters) – The Russian government on Wednesday appointed deputy economy minister Sergei Galkin as the new head of the Rosstat statistics service. Pavel Malkov, the previous head of Rosstat, was …
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TOKYO – Japan’s economy likely contracted in the first three months of this year as the lingering fallout from the COVID-19 pandemic took a toll on consumption and exports, a …
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Malaysia’s economy likely picked up pace in Q1, China slowdown a worry: Reuters poll
by Reutersby ReutersBy Devayani Sathyan BENGALURU – Malaysia’s economic growth likely gathered pace in the last quarter, driven by stronger demand following a relaxation of COVID-19 measures, but a prolonged slowdown in …
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Fed’s Mester: road ahead will be bumpy for economy in inflation fight
by Reutersby Reuters(Reuters) – The U.S. economy will experience turbulence from the Federal Reserve’s efforts to bring down inflation running at more than three times above its goal but policymakers must stay …
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ATHENS – Greece’s economy is forecast to expand by 2.9% this year with growth expected to pick up to 3.5% in 2023, helped by increased disbursement of funds from the …
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U.S. Treasury sees economy still expanding in 2022 despite Q1 GDP drop
by Reutersby ReutersWASHINGTON – The U.S. economy is expected to continue its expansion this year despite a surprise contraction in the first quarter, the U.S. Treasury’s chief economist said on Monday, adding …
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BERLIN -The German economy grew slightly in the first quarter of this year, supported by stronger investment, but the war in Ukraine began having an increasing impact from the end …
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The Media Is Still Trying To Convince You The Economy Is Booming
The Media Is Still Trying To Convince You The Economy Is Booming Laurel Duggan on April 28, 2022 Mainstream media outlets are pushing the narrative that the economy is running …
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OSLO – DNB, Norway’s largest bank, posted better-than-expected first-quarter earnings on Thursday, reflecting a strong Norwegian economy and a high level of activity in the corporate market following an end …
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Japan’s factory output growth provides some relief for fragile economy
by Reutersby ReutersBy Daniel Leussink TOKYO -Japanese factories saw output rise for the second straight month in March as strong global demand for high-tech chips helped to ease some doubts that are …
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Column-‘Peak subscription’ a red flag for U.S. economy and markets: McGeever
by Reutersby ReutersBy Jamie McGeever ORLANDO, Fla. – U.S. consumers appear to have online subscription and streaming fatigue, a lethargy that may be a reflection of where the wider economy is heading. …
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China will promote platform economy to stabilise jobs, cabinet says
by Reutersby ReutersBEIJING – China will promote the development of its platform economy to create more jobs, the State Council, the country’s cabinet, said on Wednesday according to state TV. China will …
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Russia’s GDP decline could hit 12.4% this year, economy ministry document shows
by Reutersby Reuters(Reuters) -Russia expects the economy to contract by 8.8% in 2022 in its base case scenario, or by 12.4% under a more conservative scenario, an economy ministry document showed on …
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Mexico’s economy likely grew 1.1% in first quarter – Reuters poll
by Reutersby ReutersMEXICO CITY – Mexico’s economy is thought to have expanded between January and March for the first time in three quarters, driven by domestic consumption and a rebound in exports, …