FRANKFURT – The European Central Bank should consider Greece’s economic progress when it decides whether to keep granting it funding despite its ‘junk’ credit rating in the coming days, the …
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FRANKFURT – The European Central Bank should continue to normalize policy and raise interest rates, possibly as soon as this year, if the inflation outlook warrants it, Bundesbank President Joachim …
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Putin should be recognised as war criminal, Ukrainian defence minister tells EU lawmakers
by ReutersBRUSSELS – Ukrainian defence minister Oleksii Reznikov told European Union lawmakers on Wednesday that they should recognise Russian President Vladimir Putin as a war criminal after Russia invaded Ukraine. “I …
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WASHINGTON – The U.S. Justice and Treasury Departments should review the tax deductions four drugmakers made related to their $26 billion opioid settlement, the U.S. House Oversight and Reform Committee …
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PARIS – EU governments need to keep their fiscal stances “reactive” in the face of the current Ukraine crisis with targetted measures for households and firms, French Finance Minister Bruno …
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Ukraine is model for Taiwan defense should China violate its ‘sovereignty’ -U.S. official
by ReutersBy Michael Martina WASHINGTON – Ukraine’s stiff resistance against the invasion by Russian forces could be a model for Taiwan to defend itself should China choose to violate the island’s …
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By Hilary Russ NEW YORK – The chief of New York state’s pension fund said on Thursday that McDonald’s Corp, PepsiCo and other companies with a large footprint in Russia …
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BRUSSELS – European Union countries should move to a neutral fiscal stance next year from a supportive stance in 2022, with high debt countries focusing on tighter fiscal policy and …
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MOSCOW – 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 …
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The Democratic Socialists of America (DSA) reiterated its call for the U.S. to leave NATO in a statement Saturday, despite Russia’s invasion of Ukraine. “There is no solution through war …
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WASHINGTON – Americans should not be worried about nuclear war, U.S. President Joe Biden said on Monday, the day after Russian President Vladimir Putin put Russia’s nuclear deterrent on high …
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FRANKFURT – The European Central Bank should hold off on removing any more stimulus for now as the war in Ukraine raises uncertainty and the bank still needs evidence that …
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BERLIN – Cutting off Russia from the SWIFT global interbank payment system should not be part of the second EU sanctions package against Russia that EU leaders will decide upon …
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– The Federal Reserve should reduce its balance sheet earlier in the policy tightening cycle and more rapidly than the last time it did so, San Francisco Federal Reserve Bank …
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PRAGUE – Czech President Milos Zeman, who had in the past promoted warm relations with Moscow, said on Thursday Russia’s attack on Ukraine was “crime against peace” and required a …
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The Los Angeles Association of Deputy District Attorneys (ADDA), a union that represents the vast majority of Los Angeles County prosecutors, voted overwhelmingly to support the recall of District Attorney …
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FRANKFURT – The European Central Bank should keep a steady hand rather than tighten its policy in the face of external shocks like scarce supply and the green transition, ECB …
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LONDON – Britain does not need a vacuum at the heart of government right now due to the gravity of the Ukraine crisis, a junior foreign minister said on Sunday …
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By Leigh Thomas PARIS -G20 finance ministers recommitted on Friday to implementing a global overhaul of cross-border corporate tax rules next year in the face of concerns that meeting the …
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New Jersey Department of Health identifies Omicron ‘stealth variant’ but should you worry?
by Phil StiltonTRENTON, NJ – The New Jersey Department of Health this week reported cases of a COVID-19 omicron stealth variant but right now, the science and health community knows little about …
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MADRID – European Central Bank policymaker Pablo Hernandez de Cos on Thursday said that any premature tightening of monetary policy would only hurt the economy and stimulus should be withdrawn …
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BRUSSELS – Global trade bottlenecks are more the result of demand spikes than supply chain snags, with pressure likely to ease in the coming months, the World Trade Organization’s chief …
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Biden says he told Putin not to harm Americans then says he didn’t and Americans should leave Ukraine now
by Phil StiltonIt’s hard to tell these days when President Joe Biden is telling the truth because it doesn’t happen much anymore. As Russia is mounting troops on its border with Ukraine, …
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By Davide Barbuscia and David Randall NEW YORK – The U.S. Treasury yield curve has been flattening over the last few months as the Federal Reserve prepares to hike rates, …
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– The United States has urged Americans in Ukraine to leave immediately due to the “increased threats of Russian military action” against Ukraine. “Do not travel to Ukraine due to …