Can New Jersey’s Democrats Dodge the 2025 Energy Crisis Fallout?
New Jersey’s looming energy crisis, marked by a projected 20% price hike in electricity bills for the 2025/2026 delivery year, has cast a long shadow …
fallout
Marketmind: Forget China’s overbuilding fallout – it’s jobs, jobs and Fed
By Alden Bentley (Reuters) – A look at the day ahead in Asian markets. The court-ordered liquidation of debt-laden China Evergrande was expected and hardly …
Fallout Leading Offshore Wind Developer Pulls Plug On Two Projects
Leading Offshore Wind Developer Pulls Plug On Two Projects Nick Pope on October 31, 2023 A major offshore wind developer announced that it is cancelling …
US auto strike’s economic fallout starts to hurt global businesses
By Shivansh Tiwary and Raechel Thankam Job (Reuters) – Businesses ranging from airlines to auto parts makers are starting to feel the heat from the …
Analysis-Evergrande crisis tests Beijing’s fallout management as creditor jitters mount
By Xie Yu and Clare Jim HONG KONG (Reuters) – As developer China Evergrande Group lurched from one crisis to another over the past two …
Analysis-Europe’s weaker economy limits fallout of US bond rout
By Yoruk Bahceli (Reuters) – A big selloff that pushed U.S. borrowing costs to 15-year highs left euro zone bonds relatively unscathed in August, reflecting …
In the Market: Funds fret over the fallout of Biden’s China order
By Paritosh Bansal (Reuters) – Fund managers are worried the Biden administration’s move to restrict some outbound U.S. investment to China will further fuel anti-Beijing …
U.S. banks fallout will intensify margin headwinds for Aussie lenders, UBS says
(Reuters) – Australian banks are well-positioned to deal with the pressures emanating from the recent bank runs in the United States, but their margins could …
S&P says SVB fallout won’t lead to rating actions on APAC banks
(Reuters) – Ratings agency S&P on Thursday said the fallout from Silicon Valley Bank’s collapse may not lead to any rating actions on Asia-Pacific banks …
UK finance minister and Bank of England work to contain SVB fallout
LONDON (Reuters) -Britain’s finance ministry and the Bank of England are working to minimize the disruption that could arise from a collapse of the UK …
Credit Suisse shares hit new all-time low as banks hit by U.S. fallout
ZURICH (Reuters) -Credit Suisse shares hit a new all-time low in early trading on Friday as the European banking sector suffered the fallout from a …
‘It Smelled So Bad’: Store Owner Describes Fallout From Toxic Train Derailment
‘It Smelled So Bad’: Store Owner Describes Fallout From Toxic Train Derailment Harold Hutchison on February 17, 2023 The owner of a store in East …
UK housing market seen facing further ‘mini-budget’ fallout
By Suban Abdulla LONDON (Reuters) – British property market activity stalled in October and house price growth slowed to its lowest quarterly level since February …
Hong Kong’s leading crypto retail operator says it ceases trading as FTX fallout roils sector
By Georgina Lee HONG KONG (Reuters) – A leading cryptocurrency retail service provider in Hong Kong said it has ceased trading as the broader fallout …
Soccer-Thorns, Timbers fire two executives amid abuse report fallout
(Reuters) – Portland Thorns fired two key executives on Wednesday after a report said abuse was rampant in the top-flight U.S. National Women’s Soccer League …
Euro area to get back half what it’s spending on war fallout – ECB
FRANKFURT – Euro zone countries are spending more than they will get back to cushion the economic hit from the Ukraine war via fuel subsidies …
Bhutan considering steps to avoid fallout of falling forex reserves -minister
By Gopal Sharma and Manoj Kumar KATHMANDU/NEW DELHI – Bhutan is considering several steps to contain adverse impacts on the economy following a fall in …
MSNBC Contributor Slams Democrats As ‘Too Weak’ To Handle SCOTUS Fallout
MSNBC Contributor Slams Democrats As ‘Too Weak’ To Handle SCOTUS Fallout Harold Hutchison on June 28, 2022 A MSNBC contributor told “ReidOut” host Joy Reid …
Airlines body warns of fallout from Airbus-Qatar Airways dispute
DOHA – A senior airline industry official criticised a decision by Airbus to revoke a plane order from Qatar Airways, saying the move would encourage …
Cape Verde budgets $85 million to cushion Ukraine war fallout
PRAIA – Cape Verde will spend around $85 million on emergency subsidies and fiscal measures this year to mitigate the rise in food and fuel …
Sequoia India grapples with fallout from governance snafus
By M. Sriram and Aditya Kalra MUMBAI – Sequoia Capital’s India partners, caught out early this year by governance scandals at startup companies in its …
U.S. crypto lobbyists in push to contain fallout from stablecoin meltdown
By Hannah Lang WASHINGTON – The cryptocurrency industry is scrambling to respond to U.S. lawmakers’ concerns about stablecoins following the collapse of TerraUSD, which wiped …
IMF cuts Japan’s growth forecast on hit from Ukraine war fallout
By Leika Kihara TOKYO -The International Monetary Fund (IMF) cut Japan’s economic growth forecast on Thursday and urged policymakers to consider preparing a contingency plan …
ECB needs time to analyse fallout from ‘very high’ inflation: Lane
FRANKFURT – Euro zone inflation is “very high” but the European Central Bank needs time to assess the net impact of higher energy prices on …
Swiss watchmakers grapple with fallout of Russian crisis
By Silke Koltrowitz GENEVA – Swiss watchmakers are gathering in Geneva this week for their first big industry event in three years, tackling the impact …
BOJ keeps policy steady, warns of uncertainty over Ukraine crisis fallout
TOKYO – The Bank of Japan maintained its massive stimulus on Friday and warned of “very high uncertainty” over the economic fallout from the Ukraine …
France boosts economic support to ease Ukraine crisis fallout
PARIS – The French government presented on Wednesday a new round of measures to help households, companies, farmers and fishermen cope with the economic fallout …
Central banks rush to stimulus exit as inflation jumps, wary of Ukraine fallout
LONDON – The European Central Bank’s announcement on Thursday that it plans to end stimulus in the third quarter of 2022 shows that policymakers across …
Refining margins, fuel costs surge on fallout from Russian invasion
By Stephanie Kelly NEW YORK – Refining profits, or margins, from turning crude oil into products such as gasoline and diesel are ballooning, and could …
Brexit fallout on finance will take years, says Bank of England
By Huw Jones LONDON – It will be years before the full impact of Brexit on Britain’s financial sector is fully known as more activity …
Biden Administration Drags Feet On Mandated Keystone XL Economic Fallout Report
The Biden administration has failed to issue a congressionally-mandated study on the consequences of canceling the Keystone XL pipeline more than two weeks after it …
German carmakers warn fallout from Ukraine invasion on production to get worse
By Ludwig Burger FRANKFURT -German carmakers association VDA said that the fallout from Russia’s invasion of Ukraine was disrupting transport routes as well as financial …
Exclusive-ECB must keep buying bonds to cushion Ukraine fallout, Stournaras says
By Francesco Canepa and Balazs Koranyi FRANKFURT – The European Central Bank should continue its bond-buying stimulus programme at least until the end of the …
Energy company Omicron dealing with the fallout from latest COVID-19 variant, omicron
When the founder of the energy company Omicron named his company back in 1984, Rainer Aberer never thought one day his company might share a …