By Adriana Barrera MEXICO CITY – Mexico’s central bank on Wednesday said pandemic shocks on inflation have been deeper and longer lasting than expected, and the bank could not rule …
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- Financial News
Yellen says Treasury to curb wealth of Russian oligarchs over Ukraine war
by Reutersby ReutersBy David Lawder CHICAGO – U.S. Treasury Secretary Janet Yellen said on Wednesday that the United States and Western allies have immobilized half of the assets of the Russian central …
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CHICAGO -General Electric Co on Wednesday said it has temporarily paused support of airlines in Russia to be consistent with the sanctions imposed by the United States, the United Kingdom …
- Financial News
Lebanon’s Bank Audi says UK court order will leave some depositors out of pocket
by Reutersby ReutersBEIRUT – Complying with a London court order requiring Lebanon’s Bank Audi and SGBL to pay a depositor $4 million of money stuck in the nation’s crisis-hit banking sector will …
- Financial News
Russian banking liquidity shortage widens to 7 trillion roubles, central bank says
by Reutersby ReutersMOSCOW – The Russian banking system’s liquidity shortage widened to 6.9 trillion roubles ($68.25 billion) on Wednesday, the central bank said, up from 5.4 trillion roubles a day before as …
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Murphy vaccine mandate delay is not enough to help save cops, doctors and nurses, Bucco says
With the change in guidance from the CDC, New Jersey Governor Murphy has ordered a deadline extension before unvaccinated public workers such as firemen, police officers and healthcare workers lose …
- Financial News
Apollo CEO says Ukraine conflict could weigh on interest rate rises
by Reutersby ReutersBy Chibuike Oguh – Apollo Global Management Inc Chief Executive Marc Rowan said on Tuesday that Russia’s invasion of Ukraine could temper interest rate rises by central banks and that …
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BERLIN – German sportswear company Puma said on Wednesday that deliveries to Russia have been stopped but its 100 stores in the country are open. Russia and Ukraine accounted for …
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Jackson Business Administrator Says “Some People” in Town Not Following the Rules
by Phil Stiltonby Phil StiltonJACKSON TOWNSHIP, NJ – Jackson Township Business Administrator Terrance Wall in a recent town council meeting said many of Jackson’s newer residents aren’t following the rules. Wall singled out complaints …
- Financial News
U.S. says airspace ban for Russian airlines to begin at 9 p.m. EST
by Reutersby Reuters– The U.S. Department of Transportation and Federal Aviation Administration said orders blocking Russian aircraft and airlines from entering and using all U.S. airspace take effect at 9 p.m EST …
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LONDON – Russia’s invasion of Ukraine will not have a dramatic impact on airline bookings in eastern Europe so long as the war does not escalate and spread, Ryanair boss …
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Attorney General’s New Vehicle Pursuit Policy Handcuffs Police, Bergen Says
TRENTON, N.J. – New Jersey’s new vehicle pursuit policy prohibiting when a police officer can initiate the pursuit of a suspect is coming under fire today. According to the new guidelines …
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By William Schomberg and David Milliken LONDON -Bank of England policymaker Michael Saunders said Russia’s invasion of Ukraine is likely to push Britain’s soaring inflation higher, but that it is …
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Schumer says quickest way to pass Ukraine aid is in omnibus spending bill
by Reutersby ReutersWASHINGTON – The quickest way to get $6.4 billion in humanitarian and security aid to Ukraine is to include in the upcoming omnibus spending bill, U.S. Senate Majority Leader Chuck …
- Financial News
U.S. can regulate cryptocurrencies without new law, think tank says
by Reutersby ReutersBy Hannah Lang – U.S. regulators can largely use existing laws to bring digital assets such as cryptocurrencies under their supervision without new congressional legislation, one of Washington’s most influential …
- Financial News
Fidelity Investments says more than 92% of its funds have no Russian securities
by Reutersby ReutersBOSTON – Fidelity Investments on Tuesday said more than 92% of its mutual funds do not have any investment in Russian securities, as of the latest disclosures. In a statement …
- Financial News
Bank of Italy says it is ending COVID-related relief measures for banks
by Reutersby ReutersMILAN – The Bank of Italy said on Tuesday it would remove a number of relief measures on banking requirements that had been introduced to help lenders through the COVID-19 …
- Financial News
Ukraine raises $273 million at debt auction for war effort, says finance ministry
by Reutersby ReutersLVIV – Ukraine raised 8.1 billion hryvnias ($273 million) on Tuesday at its first bond auction to raise money for its fight against Russia, the finance ministry said in a …
- Financial News
BlackRock says working to ensure clients can exit Russian securities
by Reutersby Reuters– Top asset manager BlackRock Inc said on Tuesday it is consulting with regulators, index providers and other market participants “to help ensure our clients can exit their positions in …
- Financial News
U.S. judge says Palihapitiya must face Clover shareholders’ lawsuit
by Reutersby ReutersBy Jody Godoy – A U.S. judge has ruled that venture investor Chamath Palihapitiya, Clover Health Investments Corp and its executives must face a lawsuit that claims they misled investors …
- Financial News
Russia says Meta, Google should be held accountable for ‘inciting war’ -Ifax
by Reutersby ReutersMOSCOW – Russia’s Foreign Ministry on Tuesday said a system should be created to hold western tech giants, including Meta Platforms Inc and Alphabet’s Google, responsible for what it called …
- Financial News
JPMorgan says Russia remains part of its emerging debt indexes, new bonds excluded
by Reutersby ReutersLONDON – JPMorgan said on Tuesday that Russian debt remained part of its emerging market bond indexes for now but that new debt issued by sanctioned Russian entities would not …
- Financial News
Global food supply at risk from Russian invasion of Ukraine, Yara says
by Reutersby ReutersBy Victoria Klesty OSLO – Russia’s invasion of Ukraine threatens global food supplies, Norwegian fertiliser maker Yara International said on Tuesday, adding that the international community needed to reduce its …
- Financial News
Russia to spend up to $10 billion from rainy-day fund on buying Russian shares, source says
by Reutersby Reuters– The Russian government has ordered the finance ministry to channel up to 1 trillion roubles ($10.3 billion) from the National Wealth Fund to buy shares in Russian companies, a …
- US and World News
At least 10 killed in latest rocket strikes on Ukraine’s Kharkiv, says Ukrainian official
by Reutersby ReutersLVIV – At least 10 people were killed and 35 wounded on Tuesday in rockets strikes by Russian forces on the centre of Kharkiv, Ukraine’s second-largest city, Interior Ministry adviser …