Japan will act ‘swiftly’ if it intervenes in FX market – Finance Minister
TOKYO (Reuters) – Japanese authorities will act “swiftly without any interruption” if they decide to intervene in the currency market to stem sharp yen falls, …
Minister
Israeli minister says Iran using Syria facilities for weapons production
JERUSALEM (Reuters) – Israeli Defence Minister Benny Gantz said on Monday that Iran has used more than 10 military facilities in Syria to produce advanced …
Irish coalition to discuss Eurogroup chief conundrum, deputy prime minister says
DUBLIN (Reuters) – Ireland’s deputy prime minister said on Friday that coalition leaders will shortly discuss how Dublin might remain as chair of the influential …
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, …
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 …
Norway did not discuss price cap on its gas to EU -prime minister
OSLO (Reuters) – Norway’s prime minister and the head of the European Commission did not discuss setting a price cap for Norwegian gas sold to …
Energy dispute not on agenda for U.S.-Mexico talks next week – minister
MEXICO CITY (Reuters) – A U.S. dispute with Mexico over its southern neighbor’s energy policies is not on the agenda for bilateral talks between senior …
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 …
Russia will respond to oil price caps by shipping more to Asia – energy minister
VLADIVOSTOK, Russia (Reuters) -Russia will respond to price caps on Russian oil by shipping more supply to Asia, its energy minister Nikolai Shulginov told reporters …
Liz Truss Becomes The UK’s Next Prime Minister
Liz Truss Becomes The UK’s Next Prime Minister Micaela Burrow on September 5, 2022 Foreign Secretary Liz Truss received the most votes to become the …
Britain’s Next Prime Minister: Thatcher 2.0?
Britain’s Next Prime Minister: Thatcher 2.0? Micaela Burrow on September 4, 2022 U.K. Foreign Secretary Liz Truss is the heavy favorite to win the prime …
UK’s business minister says Truss will aim to get to 2.5% trend growth- FT
(Reuters) – Britain’s business minister Kwasi Kwarteng believes Liz Truss will make it her aim to get to 2.5% trend growth, if appointed as the …
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 …
Germany will stick to debt brake in 2023 despite new relief package – minister
BERLIN (Reuters) – Germany’s constiutional debt brake will not be affected by a 65 billion euro ($64.68 billion) relief package to help citizens and companies …
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 …
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 …
Hungary’s price caps have to be phased out, minister says
BUDAPEST (Reuters) – Price caps in Hungary will have to be phased out as they are more expensive to maintain as high prices become permanent, …
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 …
Russian gas cut could jeopardise French growth – minister
PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Tuesday that the French economy remained on track for reaching a growth rate of …
Indonesia to see higher Q3 growth even with fuel price hike, minister says
JAKARTA (Reuters) – Indonesia’s economic growth this quarter is expected to be higher than the 5.44% rate in Q2, even with a potential fuel price …
Mexico expects EU trade deal to be approved in 2022, minister says
MEXICO CITY (Reuters) – The European Union should sign off on its updated trade agreement with Mexico later this year, Mexican Foreign Minister Marcelo Ebrard …
Ukraine economy could grow by 15.5% in 2023 after deep fall – minister
By Andrea Shalal KYIV (Reuters) – Ukraine’s economy should stabilise over the coming year and expand by as much as 15.5% in 2023, depending on …
Tuvalu minister says both China, U.S. needed for climate change action
By Lucy Craymer WELLINGTON (Reuters) – Both the United States and China need to be on board to ensure peace and bring action on climate …
Mexico hopes deal possible in U.S. trade dispute before panel -minister
MEXICO CITY (Reuters) – Mexico hopes it can resolve a trade dispute with the United States before the matter reaches an arbitration panel, Foreign Minister …
Explainer-How a Thai court suspended Prime Minister Prayuth
BANGKOK (Reuters) – A decision by Thailand’s Constitutional Court to suspend Prime Minister Prayuth Chan-ocha from official duties on Wednesday was a blow to the …
Slovakia to donate 30 infantry fighting vehicles to Ukraine -minister
(Reuters) – Slovakia will send 30 tracked infantry fighting BVP-1 vehicles to Ukraine as it will receive 15 Leopard tanks from Germany, Slovak Defence Minister …
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 …
S.Korea to review filing WTO complaint over U.S. Inflation Reduction Act -industry minister
SEOUL (Reuters) – South Korea will review whether to file a complaint at the World Trade Organization (WTO) over the U.S. Inflation Reduction Act, citing …
Ukrainian economy could contract 35-40% by year-end – minister
KYIV (Reuters) – Ukraine’s economy could contract 35-40% by the end of the year, Economy Minister Yulia Svyrydenko said on Friday. Hit by Russia’s Feb. …
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 …
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 …
‘Stealth Bulldozer’: Former Australian Prime Minister Secretly Seized Control Of Gov’t Ministries During Pandemic
‘Stealth Bulldozer’: Former Australian Prime Minister Secretly Seized Control Of Gov’t Ministries During Pandemic Micaela Burrow on August 17, 2022 Former Australian Prime Minister Scott …
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 …
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 …
Thai banks urged to freeze rates even if cbank hikes policy rate-Finance Minister
BANGKOK – Thailand’s commercial banks should not rush to raise their interest rates even though the central bank will tighten monetary policy, the 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 …
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 …
In first visit to China, South Korean foreign minister seeks to reassure Beijing over U.S. ties
By Hyonhee Shin SEOUL – South Korea foreign minister Park Jin is set for his first visit to China on Monday as President Yoon Suk-yeol’s …
Japan intends to keep stake in Sakhalin-1 oil project – industry minister
By Yuka Obayashi TOKYO – Japan intends to keep a stake in the Sakhalin-1 oil and gas project in Russia, industry minister Koichi Hagiuda said …
Taiwan is not a part of U.S. but Chinese territory, says Chinese foreign minister
BEIJING – Chinese foreign minister Wang Yi said on Sunday that Taiwan is not part of the United States but Chinese territory, in the latest …
Factbox-What will Liz Truss do if she becomes UK prime minister?
LONDON – Foreign Secretary Liz Truss is leading the race to become Britain’s next prime minister, with two opinion polls putting her well ahead of …
Myanmar junta frustrating everyone over peace plan – Malaysia minister
PHNOM PENH – Myanmar’s ruling military has been uncooperative and has frustrated everyone in the Association of Southeast Asian Nations (ASEAN) with its lack of …
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 …
India will not slip into recession, stagflation – minister
NEW DELHI – India will not slip into recession or stagflation, Finance Minister Nirmala Sitharaman told parliament on Monday, after opposition parties raised concerns about …
Ukraine gets more U.S., German rocket launcher systems – minister
(Reuters) – Ukraine has received more German and U.S.-made multiple rocket launcher systems, part of a series of deliveries of the high-precision heavy weapons promised …
Even as China becomes more assertive, there are still shared interests, New Zealand’s prime minister says
By Lucy Craymer WELLINGTON – New Zealand Prime Minister Jacinda Ardern said on Monday that even “as China becomes more assertive in the pursuit of …
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 …
Colombia’s next finance minister says rate rises have limited impact on inflation
BOGOTA – Interest rate hikes have a limited capacity to rein in accelerating inflation because supply issues are one of the key drivers of consumer …
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 …
Nigeria’s newly licensed national carrier to lease Airbus, Boeing aircrafts -minister
ABUJA – Nigeria’s newly licenced national carrier will lease a mix of Airbus and Boeing aircraft, the aviation minister said on Wednesday. Hedi Sirika told …