Elon Musk: The Thorn in Congress and Senate’s Side We’ve Always Needed
In an era where government spending and bureaucratic inefficiency are often criticized yet rarely challenged, Elon Musk has emerged as a notable disruptor, positioning himself as a public advocate against wasteful government…
BoE’s Pill will consider bigger rate rises if needed
LONDON -Bank of England chief economist Huw Pill said on Thursday that he would consider a faster pace of interest rate rises to tackle “uncomfortably high” inflation, but only if needed to…
Fed’s Daly: 75 bps rate hike likely needed in July
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Friday said another 75 basis point interest rate hike in July is her “starting point,” though if the economy slows more…
Japan govt spokesperson says caution needed on inflation’s downside risks
TOKYO – Close attention is needed to downside risks that price inflation will carry, a Japanese government spokesperson said on Friday. Japan’s annual core consumer inflation topped the central bank’s target for…
Messaging app Telegram: few paid subscribers needed to cover costs
(Reuters) – The Telegram messaging app, used by a wide range of Russian and Ukrainian officials during the war, only needs a small number of paid subscribers to cover its costs, founder…
Australia’s central bank warns inflation too high, ‘decisive’ action needed
SYDNEY – The head of Australia’s central has warned inflation is set to rise much higher than expected just a month ago and policy needs to respond in a “decisive” manner, which…
Bank of Canada hikes rates to 1.5%, says will act ‘more forcefully’ if needed
OTTAWA, June 1 (Reuters)- The Bank of Canada on Wednesday raised its policy interest rate to 1.5% from 1.0%, its second consecutive 50-basis-point hike, and said it was prepared to act “more…
Turkey says Nordics must change laws if needed to meet its NATO demands
By Tuvan Gumrukcu and Anne Kauranen ANKARA/HELSINKI -Finland and Sweden should change their laws if needed to meet Turkey’s demands and win its backing for their bid to join NATO, the Turkish…
China rushes bond sales to spur COVID-hit economy, more seen needed
By Kevin Yao BEIJING – Chinese provinces are racing to issue some $225 billion of bonds in June, frontloading investment to revive the COVID-battered economy even as policy advisers step up calls…
China to roll out new policies when needed to support economy – party official
BEIJING -China will not hesitate to introduce new policies to prop up growth, a senior Communist Party official said on Thursday, as the economy feels the pinch of protracted COVID-19 lockdowns. China…
Biden White House Report Says Energy Taxes Are ‘Needed’ For Green Transition
Biden White House Report Says Energy Taxes Are ‘Needed’ For Green Transition Thomas Catenacci on April 18, 2022 The White House said Americans should pay higher taxes to ensure a rapid green…
Buffett needed two weeks for $11.6 billion Alleghany purchase, balked at Goldman fee
By Jonathan Stempel NEW YORK – Warren Buffett needed just two weeks to put together Berkshire Hathaway Inc’s $11.6 billion takeover of Alleghany Corp, its largest acquisition in six years, even as…
New mechanisms needed for debt stress as poor countries hit by surging prices -IMF
By Andrea Shalal WASHINGTON – Sharply higher global food and energy prices due to the war in Ukraine are hitting poor countries, and better mechanisms for dealing with sovereign debt stress will…
Ukraine’s Zelenskiy says tougher Russian sanctions needed quickly
By Maria Starkova and Ronald Popeski (Reuters) – Ukrainian President Volodymyr Zelenskiy on Monday urged Western nations to toughen sanctions quickly against Russia, including an oil embargo, to stop Moscow having a…
Bank of Mexico governor says pace of hikes may change as needed
By Anthony Esposito ACAPULCO, Mexico – The Bank of Mexico does not need to strictly track the U.S. Federal Reserve’s expected interest rates hike path and can tighten monetary policy at its…
Study Finds Cementless Knee Replacement Outcomes Comparable to Standard Knee Implant, Less Time Needed in OR
CHICAGO, March 22, 2022 — Cementless knee replacement, an alternative approach to traditional cemented knee replacement surgery, is garnering interest in the field of orthopedic surgery. Researchers at Hospital for Special Surgery (HSS)…
Singapore can deploy more fiscal, monetary policy measures if needed – Finance Minister
SINGAPORE – Singapore’s finance minister said on Tuesday the city-state’s economy should continue to grow this year, but authorities were ready to deploy more fiscal and monetary policy measures if a worsening…
Sri Lanka govt panel says international financial assistance needed
By Uditha Jayasinghe COLOMBO – A Sri Lanka government-appointed committee on Monday said the crisis-hit country’s central bank and finance ministry must form a team to seek urgent international financial assistance as…
Fed’s Waller says series of half point rate increases may be needed at coming meetings – CNBC
WASHINGTON – Federal Reserve Governor Chris Waller said economic risks around the war in Ukraine led him to vote in favor of a quarter percentage point rate increase at the Fed meeting…
EU gives initial agreement to board quotas for women, more talks needed
BRUSSELS – European Union states have given initial approval to pushing firms to appoint women to at least 40% of non-executive director roles or 33% of all board jobs by 2027, the…
Europe-wide gas price cap needed to limit soaring costs – Engie CEO
BRUSSELS – A Europe-wide cap on gas prices is needed to respond to soaring prices and contain price volatility in the gas and electricity markets, Engie chief executive Catherine MacGregor said on…
Fed’s Bowman: too soon to tell if half percentage point rate hike needed in March
– It is too early to know if the Federal Reserve will need to start its tightening cycle at its next policy meeting in March with a half percentage point rate rise,…
Moderna eyes COVID booster by August, not clear yet if Omicron-specific needed
(This Feb. 16 story has been corrected to show price to be very similar to high-dose flu vaccine, not COVID vaccine, in paragraph 8) By Francesco Guarascio BRUSSELS – An Omicron-specific booster…
ECB’s Visco says flexible approach needed in unwinding stimulus
By Francesca Landini PARMA, Italy -The European Central Bank (ECB) will keep a flexible approach as it unwinds its ultra-expansionary monetary policy, monitoring not only inflation threats but also risks of uneven…
Biden administration approves plan to withdraw Americans in Ukraine if needed
The White House has approved a plan from the Pentagon to utilize almost 2,000 U.S. troops in Poland to aid in the evacuation of Americans from Ukraine, should Russia decide to invade,…
Russian forces at 70% of level needed for full Ukraine invasion – U.S. officials
By Phil Stewart and Humeyra Pamuk WASHINGTON – Russia has in place about 70% of the combat power it believes it would need for a full-scale invasion of Ukraine and is sending…
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