Rising Liberal Hate in New Jersey Risks a Dangerous Divide
TOMS RIVER, NJ – New Jersey’s political figures are edging into an realm that ignores, if not, supports political violence from the left against anyone who doesn’t agree with them. A recent…
Prudential flags Ukraine conflict risks after 2021 profit rise
By Selena Li and Carolyn Cohn HONG KONG/LONDON -Prudential PLC notched up a 16% rise in 2021 operating profit after it strengthened its focus on Asia, though it warned of implications for…
Analysis-Investors shift to Latam amid war in Europe, but risks remain
By Anisha Sircar and Rodrigo Campos NEW YORK – A rate hike cycle that started last year and low valuations had already made Latin America a darling destination for investors in 2022,…
Peruvian economy’s outlook very uncertain, downside risks prevail, says IMF
– The outlook for Peru’s economy is “very uncertain and downside risks prevail” despite a strong rebound in gross domestic product growth (GDP) last year, the International Monetary Fund (IMF) said in…
UBS has limited Russia exposure, but sees risks of unexpected increases
ZURICH – UBS’s direct exposure to Russia made up $634 million of the Swiss bank’s total emerging market exposure of $20.9 billion at the end of 2021, the bank said in its…
Analysts downbeat on Citigroup’s repair timeline, Russia risks
By David Henry NEW YORK – Bank analysts offered downbeat assessments on Thursday of the timeline Citigroup Inc laid out this week for lifting profits and some said the risk of losses…
BoE’s Cunliffe says Russia crisis will add to risks from rates shift
By William Schomberg LONDON -Bank of England Deputy Governor Jon Cunliffe said the crisis triggered by Russia’s invasion of Ukraine would add to risks in financial markets which have already been made…
Turkey’s trade deficit surges, energy costs add to risks
By Nevzat Devranoglu ISTANBUL – Turkey’s trade deficit widened 186% year-on-year in the first two months of the year due to a surging energy bill, data showed on Wednesday, as soaring commodities…
Ukraine war risks to U.S. economy hinge on conflict length-White House adviser
WASHINGTON – White House economic adviser Cecilia Rouse said on Monday that the biggest U.S. economic risk from Russia’s invasion of Ukraine is from higher gasoline prices, and the depth of the…
Looming FATF decision on dirty money list poses risks for UAE
By Lisa Barrington and Saeed Azhar DUBAI – A global financial crime watchdog will decide this week whether the United Arab Emirates has made enough progress to avoid landing on a ‘grey’…
Russian warships curb tilts Turkey to West, risks Russia’s ire
By Tuvan Gumrukcu and Jonathan Spicer ANKARA – Turkey’s pledge to block some Russian warships from passing through its waters to the Black Sea during the Ukraine crisis could help repair its…
Goldman Sachs sees risks to European stocks from Ukraine crisis
– Goldman Sachs on Friday cut its target for Europe’s major stock index, saying equities in the region are likely to face risks for some time as the Russia-Ukraine crisis intensifies. Missiles…
HSBC sees risks of wider contagion to markets from Russia-Ukraine conflict – CEO
LONDON – The boss of HSBC, one of Europe’s largest banks, said on Tuesday he was concerned about the risk of “wider contagion” for global markets from the deepening crisis in Ukraine.…
U.S. Treasuries see biggest inflows in two years as recession risks rise – BofA
LONDON – Investors pumped money into U.S. Treasuries at the fastest pace in nearly two years in the week to Wednesday and yanked funds out of cash, inflation-linked debt and credit as…
China central bank warns of default risks after climate stress test
SHANGHAI – China’s banks face rising default risks as a result of higher climate-related costs in carbon-intensive sectors like thermal power, steel and cement, Liu Guiping, vice governor of the central bank,…
China Orient Asset Management gets approval to issue bonds to resolve risks in property sector
SHANGHAI – China Orient Asset Management said on Friday it was approved to issue up to 10 billion yuan bonds in China’s interbank bond market to resolve risks in the property sector.…
Japan’s yen back in favour as a funding currency, but with more risks
(Refiles to correct 14th paragraph by adding missing word research to analyst job title) By Alun John HONG KONG – As the Bank of Japan asserts its standing as a lone dove…
French watchdog says Google Analytics poses data privacy risks
By Mathieu Rosemain PARIS – Google Analytics, the world’s most widely used web analytics service developed by Alphabet’s Google, risks giving U.S. intelligence services access to French website users’ data, France’s watchdog…
NFL coaches’ claims of incentives to lose pose legal risks for league
By Tom Hals – A lawsuit filed last week accusing the National Football League of racist hiring practices brought to light allegations that owners secretly offered incentives to coaches to lose, which…
COVID patients face risks after hospital; kids’ hearts return to normal after rare inflammatory illness
By Nancy Lapid – The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to be…
Latam inflation anchored but risks persist -IMF
NEW YORK – Inflation rose the most in 15 years in some of Latin America’s largest economies last year, but credible monetary policies have kept long-term price increase expectations anchored, the International…
Analysis-Volatile markets, Fed uncertainty add to U.S. dip buyers’ risks
By Saqib Iqbal Ahmed, Maiya Keidan and David Randall NEW YORK – Wild swings in stocks are testing the resolve of investors employing one of Wall Street’s most popular strategies: buying the…
Fed tries to match economic risks against market’s rush to tighten
By Howard Schneider WASHINGTON – The Federal Reserve may not raise interest rates until March, but officials’ tougher language about inflation is already kicking in, with borrowing costs rising for everyone from…
Here Are The 2022 Risks That Official Washington Is Talking About
Inflation, “softness” in the White House, and pandemic uncertainty make up some of the biggest risks to the U.S. economy in 2022, according to a Washington consulting firm. “Every quarter, I take…
Federal Reserve Study Sinks Biden’s Claim On Climate Risks To Banks
The Federal Reserve concluded that weather disasters are “not very” bad for financial institutions despite the Biden administration’s warnings that climate change is an “emerging” threat to banks. “We find that weather…
Prisons Short Staffed Due To COVID-19 Risks, Officers Retiring And Quitting
U.S. prisons are experiencing staffing shortages as officers retire, quit and risks associated with COVID-19, the Associated Press reported on Monday. Corrections officers are exposed to dangerous working conditions including exposure to…
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