Russia’s VTB Bank sees room for key rate cut to 7% to stimulate lending
VLADIVOSTOK, Russia (Reuters) – Russia’s VTB Bank CEO Andrei Kostin on Wednesday said there was room for the central bank to cut its key rate to 7.5% and then 7% from 8%…
IMF’s Georgieva says China should stimulate consumption as lockdowns mount
WASHINGTON – International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday that China should use fiscal space to stimulate consumption as it faces an economic slowdown prompted by renewed COVID-19 lockdowns.…
Brazil to launch national fertilizer plan to stimulate investments -minister
SAO PAULO – Brazil’s agriculture minister, Tereza Cristina Dias, said on Wednesday the country will soon launch a national fertilizer plan to stimulate investments in potash and phosphorus mines. In an interview…
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