Japan ex-currency tsar Yamasaki sees little scope for more yen falls
By Tetsushi Kajimoto and Takaya Yamaguchi TOKYO (Reuters) – Former top Japanese currency official Tatsuo Yamasaki said he expects the yen will not weaken significantly from the current 150 to the dollar…
Exclusive-New rules would give Europe more scope for military spending post-Ukraine invasion
By Jan Strupczewski BRUSSELS (Reuters) – The European Union is close to agreeing provisions in revamped fiscal rules to enable extra military spending in the wake of Russia’s invasion of Ukraine, officials…
OECD sees scope for profits to absorb wage hikes
PARIS (Reuters) – Companies in most countries have enough profit to be able to absorb an increase in wages needed for staff to cope with high inflation, the Organisation for Economic Cooperation…
Biden Admin Uses Ukraine Aid Funds To Scope Out Cobalt Mining In Idaho
Biden Admin Uses Ukraine Aid Funds To Scope Out Cobalt Mining In Idaho Micaela Burrow on June 28, 2023 The Biden administration has begun using funds from a $40 billion Ukraine aid…
IMF sees scope for BOJ to tweak yield target this year
By Leika Kihara WASHINGTON (Reuters) – The Bank of Japan may have scope to tweak its bond yield target this year on growing prospects the country will see a durable rise in…
IMF sees BOJ keeping negative rates, scope for tweak to yield cap
By Leika Kihara WASHINGTON (Reuters) – The Bank of Japan is likely to maintain negative short-term interest rates until inflation durably hits 2%, but could allow long-term yields to move more flexibly…
Russian 2023 budget deficit to widen as price caps take effect – Scope
BERLIN (Reuters) – Lower revenues from oil and gas exports will significantly widen Russia’s budget shortfall this year, according to an analysis from the European ratings agency Scope obtained by Reuters on…
Pirelli sees scope for higher 2023 revenues after strong results
(Reuters) – Italian tyremaker Pirelli said on Wednesday it expects revenues this year of some 6.6-6.8 billion euros, at least in line with the better-than-expected figure for 2022. Revenues at the group…
Germany to drag on European growth this decade – Scope ratings agency
BERLIN (Reuters) – Germany will act as a drag on growth in Europe until at least 2030, as it faces pressure to address a declining workforce and sluggish investment, according to a…
BOJ should amend policy statement to include scope for rate changes – Nakazora
By Takahiko Wada and Leika Kihara TOKYO (Reuters) – The Bank of Japan should change a policy statement so it has more flexibility to adjust interest rates instead of narrowly focusing on…
Telecom Italia CEO sees scope for improving 2023, 2024 financial targets
MILAN (Reuters) – Telecom Italia (TIM) will likely improve its financial targets for the next two years, the head of Italy’s biggest phone group told top executives on Wednesday, according to a…
Police issue warning after two men posing as firefighters scope out home in Newark
NEWARK, DE – Police have issued a warning to residents after two men posing as city firefighters may have been scoping out a home on Winslow Road on Saturday. According to the…
UK tax cuts raise stakes for debt sustainability, Scope credit rating agency warns
LONDON (Reuters) – Britain’s new tax cut and spending plans will push up its debt levels and raise the stakes in terms of the sustainability of the country’s public finances, credit rating…
Russian economy will not return to pre-war levels until 2030 – Scope
BERLIN (Reuters) – Russia’s economy is not likely to return to pre-war levels before the end of this decade as the Ukraine war and stricter sanctions worsen long-standing economic deficiencies, Scope Ratings…
Exclusive-Ratings agency Scope sees little room for abrupt change after Italy vote
By Sara Rossi and Alessia Pe MILAN (Reuters) – Any new government in Italy will have little room for rolling back reforms or pursuing “unorthodox” economic policies because of political and market…
DOJ Admits It Acted Outside Scope ‘Authorized’ By Court When Seizing Trump Passports: REPORT
DOJ Admits It Acted Outside Scope ‘Authorized’ By Court When Seizing Trump Passports: REPORT Harold Hutchison on August 16, 2022 The Department of Justice (DOJ) believes that the FBI acted outside of…
Forint has scope to recover from historic lows
By Anita Komuves and Alan Charlish BUDAPEST – The Hungarian forint is expected to gradually recover and add more than 7% in the next year after plunging to fresh record lows this…
Credit rating agency Scope downgrades Russia’s sovereign debt rating to ‘BB+’
– Credit rating agency Scope cut Russia’s sovereign debt ratings to BB+ on Tuesday and placed them under review for further downgrade, citing “severe strengthening” of the sanctions imposed on the country…
Analysis-Board reshuffle may open scope for less dovish BOJ
By Leika Kihara TOKYO – An expected reshuffle of the Bank of Japan’s board will give Prime Minister Fumio Kishida a chance to replace a reflationist member with a less-dovish policymaker in…
UK plans to broaden scope of sanctions it could apply to Russia -Truss
By Kylie MacLellan LONDON – The British government will introduce new legislation this week to broaden the scope of sanctions it can apply to Russia in an effort to deter aggression towards…
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