US sanctions ally of Israeli minister, entities backing ‘extremist’ settlers
By Simon Lewis WASHINGTON (Reuters) -The United States on Friday imposed sanctions on an ally of Israel’s far-right national security minister and two entities that raised money for Israeli men accused of…
The Bahamas would send troops to Haiti if asked, minister says
By Jasper Ward and Brian Ellsworth NASSAU (Reuters) – The Bahamas would send troops or police to Haiti as part of a peacekeeping force if asked to do so by the United…
Canada’s CIBC adds former finance minister Morneau to board
(Reuters) – Canadian Imperial Bank of Commerce said on Tuesday the country’s former finance minister, Bill Morneau, will join its board of directors effective Nov 1. Morneau served as Canada’s minister of…
European Commission will present proposal on gas price cap on Tuesday – Czech minister
PRAGUE (Reuters) – The European Commission will present a proposal on a mechanism to cap gas prices on Tuesday, Industry and Trade Minister Jozef Sikela of the Czech Republic, which holds the…
UK finance minister Hunt reverses most of ‘mini-budget’
LONDON (Reuters) – British finance minister Jeremy Hunt on Monday tore up almost all parts of Prime Minister Liz Truss’s proposed tax cuts, saying the measures would help the government raise around…
Saudi defence minister: OPEC+ decision taken unanimously for economic reasons
(Reuters) – Saudi Arabia’s defence minister said the decision by OPEC+ to cut oil output was taken unanimously and for purely economic reasons. Prince Khalid bin Salman also said he was “astonished”…
Egypt nears staff-level agreement with IMF on terms of its programme -finance minister
(Reuters) -Egypt has finalised a staff-level agreement with the international monetary fund (IMF) on the components of its programme, and will issue an announcement “very soon,” the country’s finance minister said on…
UK PM Liz Truss is in charge, says her new finance minister
LONDON (Reuters) – British Prime Minister Liz Truss is in charge of the government, her newly appointed finance minister Jeremy Hunt said, rejecting the idea that the party should replace her after…
PM Truss has the confidence of the government – City Minister
LONDON (Reuters) – British Prime Minister Liz Truss has the confidence of the government, City Minister Andrew Griffith told Sky on Sunday. “Liz Truss has got the support of the government,” he…
S.Korea to scrap taxes for foreigners’ income from bonds – minister
SEOUL (Reuters) – South Korea’s finance minister said the government will scrap taxes on foreigners’ income from investments in treasury bonds and monetary stabilization bonds from Monday. Speaking to reporters late on…
Growth push went ‘too far, too fast’, says UK finance minister Hunt
LONDON (Reuters) – Britain’s new finance minister Jeremy Hunt said the government had gone “too far, too fast” in its drive for growth after Prime Minister Liz Truss was forced to fire…
Zambia finance minister eager to renegotiate debt, awaits China’s team
By Jorgelina do Rosario and Rachel Savage WASHINGTON/JOHANNESBURG (Reuters) – Zambia’s finance minister said on Saturday it is still unclear who will be leading talks for renegotiating its nearly $6 billion debt…
Zimbabwe engaging with World Bank, IMF on clearing IFI debt, says finance minister
JOHANNESBURG (Reuters) – Zimbabwe is engaging with the World Bank and International Monetary Fund on how to clear its debts with international financial institutions, finance minister Mthuli Ncube said at an IMF…
Zambia in touch with China, other creditors, finance minister says
JOHANNESBURG (Reuters) – Zambia remains in touch with China and all its other creditors as it continues to negotiate a debt restructuring, finance minister Situmbeko Musokotwane said at an International Monetary Fund…
Pakistan seeks rescheduling of $27 billion bilateral debt-finance minister
By David Lawder and Jorgelina do Rosario WASHINGTON (Reuters) -Pakistan’s new finance minister, Ishaq Dar, told Reuters on Friday that he will seek rescheduling of some $27 billion worth of non-Paris Club…
French development minister backs World Bank reforms, calls for U.S. SDR loans
By David Lawder WASHINGTON (Reuters) – France’s development minister is backing U.S. Treasury Secretary Janet Yellen’s call for the World Bank and similar institutions to vastly expand their lending, but said the…
Jeremy Hunt replaces Kwarteng as Britain’s finance minister
LONDON (Reuters) -Former foreign minister Jeremy Hunt has been appointed Britain’s finance minister, Prime Minister Liz Truss’s office said on Friday, following Kwasi Kwarteng’s resignation from the post after less than six…
Spanish Finance Minister Calvino says drop in inflation is accelerating
By Andrea Shalal WASHINGTON (Reuters) – Spanish Finance Minister Nadia Calvino welcomed news on Friday that Spain’s inflation rate had dropped below 9%, and said she hoped the trend would continue. “We…
Hungarian PM Orban asks finance minister and cbank governor to halve inflation by end-2023
BUDAPEST (Reuters) – Hungarian Prime Minister Viktor Orban said on Friday that he has asked the finance minister and the governor of the central bank to at least halve the inflation rate…
German police arrest suspect in foiled plot to kidnap health minister
BERLIN (Reuters) – German police have arrested a woman suspected of having been involved in a plot to kidnap health minister Karl Lauterbach earlier this year, federal prosecutors said on Thursday. The…
UK finance minister says growth plan will address challenges as economy shrinks
LONDON (Reuters) – Britain’s finance minister Kwasi Kwarteng said on Wednesday that the government’s growth plan will address the challenges faced by the country after the latest data showed the economy had…
If Taiwan is safe, chip supply chains will be secure, says Taiwan minister
By David Shepardson and David Brunnstrom WASHINGTON (Reuters) -Taiwanese Minister for Economic Affairs Wang Mei-Hua said on a visit to the United States on Tuesday that if Taiwan remains safe, global supply…
Greg Hands appointed as UK junior trade minister
(Reuters) -British lawmaker Greg Hands was appointed minister of state for trade, the prime minister’s office said in a statement on Sunday. “An honour and a great privilege to be in His…
French government favours raising taxes on private jets -minister
PARIS (Reuters) – The French government is in favour of raising taxes for private jets next year by aligning the taxation of aviation fuels with that of fuels used by cars, environment…
UK finance minister Kwarteng: We are reversing abolition of 45p tax rate
LONDON (Reuters) – British finance minister Kwasi Kwarteng said on Monday the government was reversing its plan to scrap the highest rate of income tax. “We are not proceeding with the abolition…
Japan firms eye ammonia, methanol projects in Canada, Alberta minister says
By Yuka Obayashi TOKYO (Reuters) – Japanese companies are looking to invest in the Canadian province of Alberta to produce ammonia and methanol in the effort to build global supply chains of…
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