Indonesia’s Prabowo weighs former minister, regulator chief for finance job, sources say
By Ananda Teresia and Stefanno Sulaiman JAKARTA (Reuters) – Indonesian financial regulator Mahendra Siregar and former finance minister Chatib Basri are among the top choices Prabowo Subianto is considering for the role…
Mexican finance leaders plan stock exchange reform to stanch exodus
By Carolina Pulice MEXICO CITY (Reuters) – Mexico’s government and financial institutions will propose a bill this month to change current rules, aiming to attract companies to the country’s stock exchange by…
Exclusive-Peru economy can grow target-busting 4.3% next year, finance minister says
By Marcelo Rochabrun and Marco Aquino LIMA (Reuters) – Peru can achieve economic growth of 4.3% in 2023, beating official forecasts that are already optimistic, thanks to a new economic package, Finance…
German finance minister damps speculation of sale Commerzbank stake
FRANKFURT (Reuters) – German finance minister Christian Lindner on Thursday sought to damp speculation about the government’s stake in Commerzbank that it acquired during a bailout more than a decade ago. Lindner,…
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 new finance minister, charging him with tackling…
Zambia not to pay euro bond due in September – Finance Minister
LUSAKA (Reuters) -Zambia will not be paying its $750 million euro bond due in September until new terms of payment are agreed between the government and bondholders, its Finance Minister Situmbeko Musokotwane…
Pakistan Finance Minister expects economy to grow more than 3.5% this FY – Bloomberg News
(Reuters) – Pakistan Finance Minister Miftah Ismail expects the economy to grow more than 3.5% for the fiscal year that started in July, Bloomberg News reported on Saturday. Ismail predicted inflation, running…
G7 finance ministers agree to Russian oil price cap
BERLIN (Reuters) – The Group of Seven (G7) finance ministers plan to implement a price cap on Russian-origin crude oil and petroleum products, they confirmed in a joint statement on Friday. The…
Zambia debt relief to mix haircuts, maturity extensions – Finance Minister official
By Chris Mfula LUSAKA (Reuters) – Zambia’s debt restructuring will be a mixture of haircuts to loans’ original value and maturity extensions, a senior Zambian finance ministry official said Thursday, after the…
Colombia government will seek to raise 2023 budget by $2.28 billion, says finance minister
BOGOTA (Reuters) – Colombia’s leftist government will ask lawmakers to increase the 2023 budget by 10 trillion pesos ($2.28 billion) so it can up spending on social programs, Finance Minister Jose Antonio…
Hungary could finance Vodafone purchase with a loan
BUDAPEST (Reuters) – Hungary could finance the acquisition of a 49% stake in the Hungarian business of Britain’s Vodafone from a loan, Prime Minister Viktor Orban’s chief of staff suggested on Tuesday.…
Ethiopia expects IMF visit in September – Finance Minister official
LONDON (Reuters) – Ethiopia expects an IMF mission to visit in September, following a visit by the Fund three months ago, a finance ministry official said on Tuesday, noting that an IMF…
EXCLUSIVE: NY Dem Accused Of Committing Campaign Finance Violations Prior To Special Election
EXCLUSIVE: NY Dem Accused Of Committing Campaign Finance Violations Prior To Special Election Carl DeMarco on August 22, 2022 An official complaint has been filed with the Federal Election Commission against New…
Czech windfall tax would affect energy, banks and maybe another sector -finance minister
PRAGUE (Reuters) – The Czech government will decide in three weeks whether to impose a windfall tax on large energy companies and banks and may include one more sector if it goes…
S.Korea finance ministry warns growth may slow, exports face growing downside risks
SEOUL (Reuters) – South Korea’s finance ministry on Friday warned economic growth could slow on increasing downside risks for exports. “It is concerning that economic growth may slow due to limited export…
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 finance minister said on Thursday. “We are…
Former Indiana State Senator and an Indianapolis Casino Executive Sentenced to Federal Prison for Criminal Election Finance Schemes
INDIANAPOLIS – Darryl Brent Waltz, 48, of Greenwood, Indiana, and John Keeler, 72, of Indianapolis, were each sentenced today for devising and participating in election finance schemes. Waltz pleaded guilty to receiving…
Caribbean nations should push for climate finance at COP27, Bahamas PM says
By Jasper Ward NASSAU (Reuters) – Caribbean countries should pressure developed nations to provide more financing to mitigate the effects of climate change at the upcoming COP27 climate talks, the prime minister…
Germany’s finance minister says he opposes taxing ‘excessive’ profits
BERLIN – Germany should not tax “excessive” company profits earned amid an economic and energy crisis as that would interfere with market forces, the finance minister said in an interview on Sunday…
Senate Finance Committee looks at Amgen taxes, widening drugmaker probe
By Michael Erman NEW YORK – The U.S. Senate Finance Committee is widening its investigation into the tax practices of U.S. drugmakers to include Amgen Inc, according to a letter sent on…
Colombia to ‘radically diversify’ exports, says new finance minister
By Nelson Bocanegra CARTAGENA – Colombia will prioritize the diversification of its exports to reduce its dependence on oil, gas and mining and combat its high trade deficit, its new Finance Minister…
Thailand foreign tourist arrivals to reach 10 million this year – Finance Minister
BANGKOK – Thailand’s foreign tourist arrivals should reach 10 million this year, helping drive the economy along with increased exports, the finance minister said on Wednesday. Southeast Asia’s second-largest economy is improving…
German finance minister draws up 14 billion eur relief plan – Spiegel
BERLIN – German Finance Minister Christian Lindner plans a 10.1 billion euro ($10.29 billion) relief package to help taxpayers in 2023 which he is set to present next week, the Spiegel news…
Japanese finance minister frets about ‘hectic’ yen swings
By Tetsushi Kajimoto TOKYO – Japanese Finance Minister Shunichi Suzuki on Tuesday reiterated the need for currencies to move stably reflecting fundamentals, describing recent yen swings as “hectic”, highlighting the complication for…
Pakistan imports fall sharply in July, to help rupee stabilise – finance minister
ISLAMABAD – Pakistan imports fell by more than a third in July after a ban on non-essentials, the finance minister said on Sunday, adding the improved trade situation will reduce pressure on…
Sri Lanka resumes bailout discussions with IMF, finance ministry says
NEW DELHI – Sri Lanka has resumed technical discussions with the International Monetary Fund on a potential bailout after a new government took office, the finance ministry said on Friday. Discussions with…
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