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…
U.S. Senator likely would block passage of EV tax credits – Canada minister
By Steve Scherer OTTAWA – Canada’s minister of natural resources on Tuesday said U.S. Senator Joe Manchin, a key Democrat, would likely block the passage of tax credits that favor U.S.-manufactured electric…
Russia’s war may deprive world of three Ukrainian wheat harvests – minister
By Pavel Polityuk KYIV – Russia’s invasion of Ukraine will create a global wheat shortage for at least three seasons by keeping much of the Ukrainian crop from markets, pushing prices to…
Greek Finance Minister: Greece to exit EU’s enhanced surveillance framework this week
ATHENS – Greek Finance Minister Christos Staikouras said on Tuesday he expects euro zone finance ministers to confirm the country’s exit from the bloc’s enhanced surveillance framework later this week. Since 2018…
French Finance Minister: rising U.S. bond yields show that ‘era of cost-free money is over’
PARIS – French Finance Minister Bruno Le Maire told France 2 television on Tuesday that the rise in U.S. bond yields showed that the “era of cost-free money” was over. Le Maire…
German finance minister warns of stagflation risk, pledges return to fiscal rigour
BERLIN – German Finance Minister Christian Lindner said there was a risk of a period of high inflation and low growth following Russia’s invasion of Ukraine, which had driven already high inflation…
German economy minister welcomes move to higher interest rates
BERLIN – German Economy Minister Robert Habeck on Monday welcomed the European Central Bank’s indication last week that it would deliver next month its first interest rate hike since 2011. “I think…
German economy minister aims to tighten antitrust laws
FRANKFURT – German Economy Minister Robert Habeck plans to present concrete proposals to tighten the nation’s antitrust laws and give the Federal Cartel Office more powers, according to a position paper circulated…
Turkish finance minister says economy liberal, growth sustainable
ISTANBUL – Turkey’s Finance Minister Nureddin Nebati said on Saturday that the Turkish economy is liberal and will continue to grow in a sustainable way after the government introduced steps to support…
IMF still has concerns over Pakistan budget – finance minister
By Gibran Naiyyar Peshimam ISLAMABAD – Pakistan’s finance minister said on Saturday that the International Monetary Fund (IMF) has expressed concern about the country’s recently unveiled budget, but the government is confident…
No reserves in Germany’s federal budget, says finance minister
BERLIN – Germany’s federal government has reached the limit of its fiscal capacity, its finance minister said, with extra financing to cope with the coronavirus pandemic, the impact of the war in…
Czech finance minister outlines plan to let firms to pay taxes in euros, look at more euro debt
By Jan Lopatka and Jason Hovet PRAGUE – The Czech government’s plan to let companies pay taxes in euros from 2024 will enable the state to raise its borrowing in euros and…
Exclusive-Czech minister plans lower 2023 deficit to keep fiscal plans on track
By Jan Lopatka and Jason Hovet PRAGUE – The Czech Republic’s finance minister told Reuters he aimed to keep next year’s budget deficit target below this year’s plan – after a report…
French Finance Minister: reaffirms inflationary peaks to last several more months
PARIS – French Finance Minister Bruno Le Maire reaffirmed on Wednesday that he expected the peak in inflation to last several more weeks or even several more months, before eventually going back…
Indonesia to cut maximum palm oil export tax and levy to a combined $488/T – trade minister
By Stefanno Sulaiman JAKARTA – Indonesia Trade Minister Muhammad Lutfi said on Tuesday the government would bring down its combined maximum crude palm oil export and levy rate to $488 per tonne…
Mexico foreign minister accuses U.S. of inconsistency in Americas Summit invitations
MEXICO CITY – Mexican Foreign Minister Marcelo Ebrard on Tuesday accused the United States of double standards by refusing to invite Cuba, Venezuela and Nicaragua to the U.S.-hosted Summit of the Americas,…
Thai economy still seen growing 3% this year – Finance Minister
BANGKOK – Thailand’s economy is still expected to grow 3% this year, driven by exports, despite global uncertainty, the finance minister said on Monday. However, shipments may see more impacts from Russia’s…
Czech budget deficit to surpass CZK 300 billion in 2022 amid Ukraine war -minister
PRAGUE – The Czech state budget will surpass 300 billion crowns ($13.05 billion) this year, overshooting a 280-billion-crown target, Finance Minister Zbynek Stanjura said, as spending is pushed up by the impact…
Despite war, inflation, France sees positive economic growth in 2022 -minister
PARIS – France’s finance minister said on Sunday he expected positive growth for 2022, but would revise economic forecasts at the start of July. “It’s clear that with the war in Ukraine,…
France in talks with UAE to replace Russian oil supplies -minister
PARIS – France is in talks with the United Arab Emirates to replace Russian oil purchases, which will stop after the imposition of a European Union ban on Russian crude, Finance Minister…
Europe’s south expects over 150,000 migrant arrivals this year – minister
MILAN – Mediterranean countries on major migrant routes into Europe expect over 150,000 arrivals this year as food shortages caused by the Ukraine conflict threaten a new migration wave from Africa and…
Ukraine’s intelligence in communication with captured Azovstal fighters – minister
(Reuters) – Ukraine’s intelligence services are in communication with the captured Azovstal steelworks fighters and Kyiv is doing all it can to ensure their release, Ukrainian Interior Minister Denys Monastyrskiy said late…
Pakistan slashes fuel subsidies in bid to control fiscal deficit – finance minister
KARACHI, Pakistan – Pakistan will slash fuel subsidies for a second time in a week in a bid to control the fiscal deficit and secure International Monetary Fund (IMF) bailout money, the…
Turkish finance minister says economy grew 7% in first quarter
ISTANBUL – Turkish Finance Minister Nureddin Nebati said on Monday that preliminary indicators show the economy grew at a 7% pace in the first quarter of this year, and he repeated his…
Trinidad and Tobago in talks with Quanten LLC for refinery sale -minister
PORT OF SPAIN – Trinidad and Tobago is in talks with U.S.-based Quanten LLC for the sale of the country’s refinery, Energy Minister Stuart Young said on Sunday, more than a year…
EU unity on Russian sanctions ‘starting to crumble’, German minister says
BERLIN – German Economy Minister Robert Habeck on Sunday expressed fears that the European Union’s unity was “starting to crumble” ahead of a summit to discuss an oil embargo against Russia and…
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