US service sector expands moderately in March; price pressures easing
WASHINGTON (Reuters) – U.S. services industry growth slowed further in March, while a measure of prices paid by businesses for inputs dropped to a four-year low, which bodes well for the inflation…
Biden’s HHS Pressures Healthcare Providers To Perform ‘Emergency’ Abortions
Biden’s HHS Pressures Healthcare Providers To Perform ‘Emergency’ Abortions Laurel Duggan on July 12, 2022 The Biden administration is claiming that, under existing law, doctors are required to perform abortions in emergency…
Brazil’s Petrobras elects new CEO as fuel price pressures mount
By Rodrigo Viga Gaier and Rafaella Barros RIO DE JANEIRO – The board of directors of Brazil’s Petrobras elected Caio Paes de Andrade as its new chief executive on Monday, as a…
U.S. pressures Iran by targeting Chinese, UAE companies
By Arshad Mohammed and Daphne Psaledakis WASHINGTON -The United States imposed sanctions on Thursday on Chinese and Emirati companies and on a network of Iranian firms that help export Iran’s petrochemicals, a…
Japan price pressures mount as firms ditch ‘deflation’ model, says BOJ official
By Leika Kihara TOKYO -Japan may see inflationary pressure build as more companies shift away from a business model that worked under a prolonged period of deflation, Bank of Japan board member…
UK’s Sunak: Tight labour market adding to inflation pressures
LONDON – A tight labour market and an energy price shock are causing inflationary pressures, Britain’s finance minister Rishi Sunak said on Friday, adding that he felt confident in the country’s overall…
BOJ deputy vows to maintain monetary stimulus despite price pressures
By Tetsushi Kajimoto TOKYO – The Bank of Japan must maintain current monetary stimulus to create sustainable increases in prices, corporate profits, jobs and wages, its deputy governor said on Tuesday, dismissing…
Analysis-BOJ still a lone dove, but less so as global price pressures intensify
By Leika Kihara TOKYO – The Bank of Japan is dropping hints the recent rise in inflation may prove longer-lasting and driven by solid demand, a sign global price pressures are prodding…
Japan April report raises view on consumption, economy, despite inflationary pressures
TOKYO – Japan’s government upgraded its view of the economy for the first time in four months in April as authorities turned more optimistic about the outlook for private consumption following the…
Multiple inflation pressures complicate Bank of Canada’s soft landing goal
By Fergal Smith TORONTO – As the Bank of Canada opens the door to hiking interest rates above a neutral setting for the first time in 14 years, the goal of taming…
IMF says U.S. ‘soft landing’ amid Ukraine war pressures entails downside risks
WASHINGTON – Achieving a “soft landing” for the U.S. economy amid new inflationary pressures prompted by Russia’s invasion of Ukraine will be a challenging task for the Federal Reserve and will entail…
GE’s investors look for update on supply-chain, inflationary pressures
By Rajesh Kumar Singh CHICAGO – When General Electric Co’s investors gather on Thursday, they will focus on a potential hit to company profits from persistent supply-chain and inflationary woes. The Boston-based…
Global supply pressures eased in February, New York Fed says
By Howard Schneider WASHINGTON – Global supply chain pressures eased in February as backlogs and delivery times improved in several key markets and a measure of ocean shipping costs declined, according to…
Ukraine tapped lion’s share of IMF reserve allocation, debt pressures building
By Andrea Shalal WASHINGTON – Ukraine has exchanged all but $80 million of the $2.7 billion in new International Monetary Fund emergency reserves it received in August, IMF data show, and debt…
UK retail sales growth slows in Feb, price pressures mount – CBI
LONDON – British retailers reported slower sales growth in February but said demand was better than normal for the time of year as the Omicron wave of coronavirus cases eased, according to…
UK manufacturing price pressures highest since 1976 – CBI
LONDON – More British manufacturers plan to raise prices in the next three months than at any point since 1976, according to a survey on Tuesday that highlighted the inflationary forces that…
U.S., Saudi officials discuss managing market pressures from possible Russian invasion
– U.S. officials held discussions with Saudi Arabia about a “collaborative approach” to managing potential market pressures stemming from a possible Russian invasion of Ukraine, the White House said on Thursday. “In…
Low risk of sovereign rating pressures from Ukraine tensions, Moody’s says
By Marc Jones LONDON – The risk of material credit rating pressures from the current tensions between Russia and Ukraine is low, Moody’s said on Wednesday, unless the situation continues for an…
UK housing market heats up in January despite cost pressures – RICS
LONDON – Already rapid house price growth in Britain hit a new six-month high in January but momentum in the housing market could soon fade because of a growing cost-of-living squeeze, a…
U.S. Treasury economist sees inflation pressures easing if pandemic recedes
WASHINGTON – U.S. inflationary pressures should ease in 2022 due to weaker demand for goods, easing supply bottlenecks and a receding coronavirus pandemic, the U.S. Treasury’s top economist said on Monday. In…
UK businesses suffer January chills as cost pressures rage: PMI
By Andy Bruce LONDON – British business activity cooled unexpectedly this month to an 11-month low but cost pressures stayed high, according to a survey that leaves the Bank of England on…
China Pressures American Corporations To Push Back On Calls To Boycott Olympics
Sebastian Hughes on December 2, 2021 China is attempting to push back on scrutiny over its human rights violations as the Beijing Olympics approach, pressuring American corporations to fight calls to boycott…
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