Trump Announces Creation of External Revenue Service to Shift Tax Burden to Foreign Trade Partners
PALM BEACH, FL — Former President Donald J. Trump announced plans to establish a new federal agency, the External Revenue Service (ERS), aimed at collecting revenue from foreign trade partners through tariffs…
Thai baht depreciation due to external factors, being monitored – central bank
BANGKOK (Reuters) – Thailand’s central bank said on Tuesday it was closely watching movement in the baht currency , which it said is a result of external factors and in line with…
Fed’s Bowman calls for external review of Silicon Valley Bank oversight
By Pete Schroeder WASHINGTON (Reuters) – Federal Reserve Governor Michelle Bowman said Friday that the central bank should hire an outside party to further examine the events that led to the abrupt…
Analysis-India’s surging services exports may shield economy from external risks
By Siddhi Nayak and Shivangi Acharya MUMBAI/NEW DELHI (Reuters) – A surge in India’s services exports, which hit a record high in the October-December quarter, is expected to shield the economy from…
China rolls over $2 billion loan to Pakistan as it struggles with external liquidity
By Asif Shahzad and Ariba Shahid ISLAMABAD (Reuters) -Pakistani Finance Minister Ishaq Dar said on Friday China had rolled over a $2 billion loan that matured last week, providing relief during the…
India’s external debt rises to $613.1 billion as of end-Dec – Govt
(Reuters) – India’s external debt rose 1.2% quarter-on-quarter to $613.1 billion as of end-December, the government said in a statement on Friday. The country’s external debt-to-GDP ratio stood at the same level…
Pakistan PM says IMF wants external financing commitments met before it releases funds
By Asif Shahzad ISLAMABAD (Reuters) – The International Monetary Fund (IMF) wants external financing commitments fulfilled from friendly countries before it releases bailout funds, Pakistan’s Prime Minister Shehbaz Sharif said on Tuesday.…
Thai baht volatile, driven by external factors – central bank
BANGKOK (Reuters) – Thailand’s baht currency is likely to remain highly volatile due to external factors but its weakness is in line with moves in regional currencies, the central bank said on…
China’s external environment poses serious challenges to trade – commerce minister
By Joe Cash BEIJING (Reuters) – Pressure on China’s imports and exports will increase significantly this year, Wang Wentao, commerce minister, told a news conference on Thursday, three days before the annual…
Ghana talks with external bondholders due in a few weeks
By Christian Akorlie ACCRA (Reuters) – Substantive discussions with Ghana’s external bondholders are due to start in the next few weeks, the country’s Finance Minister Ken Ofori-Atta told parliament on Thursday. Embattled…
China’s trade likely shrank further in November as external, local demand weakened: Reuters poll
BEIJING (Reuters) – China’s exports and imports likely contracted further in November due to weakening global demand, production disruptions and waning demand at home amid widespread pandemic controls, a Reuters poll showed…
Sri Lanka’s debt to China close to 20% of public external debt -study
By Jorgelina do Rosario and Rachel Savage LONDON/JOHANNESBURG (Reuters) – Sri Lanka owed Chinese lenders $7.4 billion – nearly a fifth of its public external debt – by the end of last…
Taiwan central bank calls for fiscal stimulus as external demand slows
TAIPEI (Reuters) -The head of Taiwan’s central bank said on Wednesday that external demand momentum will slow next year and an expansionary fiscal policy should be adopted to stimulate domestic demand. The…
S.Korea president: not too worried about external financial standing -News1
SEOUL (Reuters) – South Korea’s President Yoon Suk-yeol said he was not worried much about the country’s external financial soundness, News1 reported on Friday. “The trade deficit widened by a great degree…
FirstEnergy Names Joseph McClelland Vice President, External Affairs
Significant industry expertise will help lead all government relations activities for the company AKRON, Ohio, July 5, 2022 — FirstEnergy Corp. (NYSE: FE) today announced that Joseph (Joe) McClelland has been named…
Russia will continue to service external debt in roubles, minister says
(Reuters) – Russia will keep on paying its state Eurobond obligations in roubles and will defend its role as a reliable borrower by all possible means, Finance Minister Anton Siluanov said on…
Russia to service external debt in roubles, ministry says
(Reuters) – Russia will service its external debt in roubles, which can be converted into the currency of the original Eurobonds at a later date, the finance ministry said on Wednesday, as…
Russian central bank temporarily suspends publication of external debt data
(Reuters) – Russia’s central bank said on Tuesday that it had temporarily suspended the publication of external debt data. “Bank of Russia temporarily suspends publication of quarterly data on the Russian Federation’s…
Explainer-Russia faces a raft of external debt payments
LONDON – Russia is due to make another dollar-denominated payment to bondholders on Monday after last week defying fears it might not be able or willing to do so, following Western countries’…
H&M takes on internet rivals with external fashion brands
By Anna Ringstrom STOCKHOLM – H&M is selling external fashion brands on its core brand’s hm.com website for the first time in Sweden and Germany, with the intention of adding more brands…
Russia to pay external debt in roubles if forex accounts remain blocked, TASS says
– Russia will service its external obligations in roubles if foreign exchange accounts of the central bank and the government remain blocked by the western sanctions, Finance Minister Anton Siluanov was quoted…
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