Says

WASHINGTON – Inflation will remain high this year and next even as the Fed moves steadily to lower the pace of price increases, Cleveland Fed president Loretta Mester said Sunday …

By Cassandra Garrison MEXICO CITY – The head of the Inter-American Development Bank (IDB), Mauricio Claver-Carone, on Friday said he was the target of an “anonymous political media campaign” after …

NEW YORK – A U.S. recession is not imminent despite the inversion of a part of the U.S. Treasury yield curve which has been “artificially pressured” by some investors, BlackRock …

By Jesús Aguado MADRID – Spain’s Caixabank has adequate provisions to face potential future losses given the current market uncertainty, the bank’s Chief Executive Officer Gonzalo Gortazar said on Friday. …

(Reuters) – Annual inflation will continue to rise due to the base effect, the Russian central bank said on Friday, adding that tightening of monetary conditions already in place will …

COLOMBO – Sri Lankan leaders from garments, tea and other industries said on Friday the country’s goods and services exports could plunge 20% to 30% this year due to high …

TRENTON, NJ – New Jersey Governor Phil Murphy implemented a statewide plastic straw ban last year. This year, he’s banning plastic bags from supermarkets, but in a plan that was …

WASHINGTON – Democrats in the U.S. House of Representatives must make “major concessions” to legislation that would provide government subsidies for semiconductor production or it will have “no chance of …

(Reuters) – The recent sharp strengthening of the rouble “does not pose a risk to Russia’s fiscal policy,” the finance ministry said on Thursday. The rouble firmed sharply in Moscow …

WASHINGTON – U.S. President Joe Biden tested negative for COVID-19 on Wednesday night, the White House said in a statement Thursday. House Speaker Nancy Pelosi, who said Thursday she had …

(Reuters) -A former Goldman Sachs <GS.N> managing director has been permanently barred from the banking industry over mishandling confidential documents leaked from the New York Federal Reserve, the U.S. central …

(Reuters) – Russia’s central bank said on Thursday that due to a “significant change in market conditions” it would buy gold from commercial banks at a negotiated price from April …

CARACAS – Venezuela’s economy could surge 20% this year, investment bank Credit Suisse said in a report, sharply hiking its previous forecast of 4.5% due to growing demand for its …

(Reuters) – Russia will do everything to make sure its creditors receive their money, Finance Minister Anton Siluanov said on Thursday, a day after the country edged closer to a …

BRASILIA – Brazil’s Economy Minister Paulo Guedes said on Thursday that state-run power company Eletrobras will not be able to invest enough to keep up with stronger economic growth expected …

By Elizabeth Culliford (Reuters) – Facebook-owner Meta has removed hacking campaigns, influence networks and scam operations amid the war in Ukraine, according to a report released on Thursday by the …

By Padraic Halpin DUBLIN – The likely huge insurance claims related to the cancellation of aircraft leases in Russia is already leading to “horrendous” hikes in the cost of renewing …

By Foo Yun Chee BRUSSELS – The EU’s top court on Thursday cleared the way for passengers to seek compensation for delayed flights from non-EU airlines operating flights on behalf …

Democrat Who Proposed Fracking Ban Says Energy Companies Aren’t Producing Enough Thomas Catenacci on April 6, 2022 Democratic Illinois Rep. Jan Schakowsky accused Big Oil companies of not producing enough …

By Daniel Trotta (Reuters) – One person was shot on the road in the United States every 17 hours in 2021, according to a new tally of road rage violence. …

By Helen Reid JOHANNESBURG – South Africa’s Anglo American Platinum (Amplats) has received enquiries from manufacturers and carmakers seeking palladium in the wake of Western sanctions on top producer Russia, …

By Robin Emmott BRUSSELS – Russia is likely to launch a new offensive in Ukraine’s eastern Donbas region in the next few weeks, NATO Secretary-General Jensen Stolen said on Tuesday, …

WASHINGTON – The United States plans to keep raising the economic costs on Russian President Vladimir Putin over his invasion of Ukraine, U.S. President Joe Biden said on Wednesday, as …

DUBAI -Iran has handed over documents related to outstanding issues to the U.N. nuclear watchdog, Iranian nuclear chief Mohammad Eslami said on Wednesday, as Tehran demands closure of the agency’s …