DoubleLine’s Gundlach expects interest rates to fall as US economy worsens
(Reuters) – DoubleLine Capital CEO Jeffrey Gundlach expects interest rates are about to trend lower as the U.S. economy deteriorates further and tips into a recession in early 2024, he said in…
German business sentiment worsens further in August – Ifo
BERLIN (Reuters) -German business morale deteriorated more than expected in August, falling for the fourth month in a row, a survey showed on Friday. The Ifo institute said its business climate index…
Downturn in German housing construction worsens in July – Ifo
BERLIN (Reuters) – The downturn in Germany’s residential construction sector intensified in July, according to a survey published on Monday, which showed a record number of companies complaining about dwindling orders in…
German economy may disappoint as sentiment worsens – Bundesbank
FRANKFURT (Reuters) – The German economy may shrink by more this year than expected only a few weeks ago despite a small bounce in the second quarter, the Bundesbank said on Monday.…
Corporate access to capital worsens after bank turmoil, Janus Henderson report
By Chiara Elisei LONDON (Reuters) – Corporates’ access to capital deteriorated after turmoil in the banks sector in March while cash flow and earnings are under increasing pressure from potential recession, asset…
Iceland’s central bank raises key rate as inflation outlook worsens
COPENHAGEN (Reuters) – Iceland’s central bank raised its key policy interest rate by half a percentage point to 6.5% on Wednesday, its first rate hike in 2023, and warned of further monetary…
Canada, allies preparing plan in case Haitian situation worsens -Trudeau
(Reuters) – Canada is working with allies including the United States to prepare for “options” if the situation in Haiti deteriorates, Prime Minister Justin Trudeau said on Tuesday, adding any definitive solution…
Haiti cholera outbreak worsens, COVID-19 cases rise in Americas – PAHO
By Steven Grattan SAO PAULO (Reuters) -The cholera situation in Haiti continues to worsen while COVID-19 cases rose over the past week, the Pan American Health Organization (PAHO) said on Wednesday. Haitian…
Farm fires big culprit as Delhi air quality worsens
NEW DELHI (Reuters) – The share of farm fires affecting Delhi’s pollution has surged to more than 20% since the weekend, higher than the levels a year ago, government data showed on…
UK lenders pull mortgages at record rate as market chaos worsens
LONDON (Reuters) – A record 935 mortgage products were pulled in Britain overnight, financial services provider Moneyfacts said on Wednesday, as deepening turmoil in financial markets pushed more lenders to temporarily withdraw…
Russia, Ukraine Reach Grain Export Deal As Food Crisis Worsens
Russia, Ukraine Reach Grain Export Deal As Food Crisis Worsens Micaela Burrow on July 22, 2022 Russia and Ukraine reached an agreement Friday to resume safe passage of grain as fears of…
U.S. cruise operators’ recovery runs into rough weather as labor crisis worsens
By Praveen Paramasivam (Reuters) – Andrea Mather’s plans for a long-awaited summer cruise around the Hawaiian islands with her financial analyst husband unraveled after her booking with Norwegian Cruise Line’s Pride of…
Analysis-Banks’ snubbing of junk-rated loan funds worsens financing logjam
By Chibuike Oguh NEW YORK – A decision by banks to change how they invest spare capital is limiting their ability to extend loans to companies with weak balance sheets during the…
As New Zealand reopens, exodus worsens labour crunch
By Lucy Craymer WELLINGTON – New Zealand’s easing of its strict border curbs has triggered a rush of new departures among locals seeking fresh opportunities abroad, adding further pressure to the country’s…
Biden Admin Considers Banning All Offshore Drilling As Energy Crisis Worsens: REPORT
Biden Admin Considers Banning All Offshore Drilling As Energy Crisis Worsens: REPORT Jack McEvoy on June 23, 2022 The Biden administration is mulling the prospect of banning new American offshore oil and…
ECB’s Knot says several 50 bps rate hikes possible if inflation worsens
BRUSSELS -European Central Bank policymaker Klaas Knot told Dutch radio broadcaster BNR on Friday the ECB may need to make several 50 basis point rate hikes if inflation continues to rise and…
CAMMACK: As The Left’s Crime Crisis Worsens, America Needs Its Police Now More Than Ever
CAMMACK: As The Left’s Crime Crisis Worsens, America Needs Its Police Now More Than Ever Kat Cammack on May 17, 2022 During National Police Week, we take a moment to pause and…
Sri Lanka’s ruling family in fight for survival as crisis worsens
By Alasdair Pal and Uditha Jayasinghe WEERAKETIYA, Sri Lanka – His beloved villa has been daubed in graffiti by protesters, and a museum dedicated to his father ransacked. Now former Sri Lankan…
Global manufacturers lose momentum as inflation worsens: Kemp
By John Kemp LONDON – Global manufacturing growth has started to decelerate as supply chain problems, the rising cost of energy and raw materials, and the conflict between Russia and Ukraine take…
New Zealand business confidence worsens as COVID continues to impact
By Lucy Craymer WELLINGTON -New Zealand business confidence and demand worsened in the first quarter of this year due to the ongoing damage the COVID-19 outbreak is having on the economy, a…
U.S. step to delist Chinese ADRs worsens investment, listing outlook
By Xie Yu and Selena Li HONG KONG – The U.S. securities regulator’s move to identify Chinese firms likely to be delisted from New York for not meeting auditing requirements is pushing…
Ukraine invasion worsens UK inflation trade-off – BoE’s Tenreyro
LONDON -The surge in energy prices caused by Russia’s invasion of Ukraine will hurt British economic growth as well as raising short-term inflation pressures, Bank of England policymaker Silvana Tenreyro said on…
JPMorgan cuts Russian equities to ‘neutral’ as Ukraine crisis worsens
-JPMorgan analysts downgraded Russian equities to “neutral” from “overweight” on Tuesday, after Moscow sent troops to two breakaway regions in eastern Ukraine after recognising them as independent. President Vladimir Putin’s announcement on…
Oil could jump by $20 if Ukraine crisis worsens, says BofA
– Global oil benchmark Brent crude could rise by $5-$20 a barrel depending on the severity of the Russia-Ukraine crisis, Bank of America (BofA) Global Research said on Tuesday, adding that prices…
Goldman Sachs cuts S&P 500 forecast to under 5,000 as inflation worsens
– Goldman Sachs has tempered its outlook for the S&P 500 index, expecting it to stay below the 5,000 mark this year as rising inflation threatens to derail a nascent recovery in…
Japan’s consumer confidence worsens in Jan – govt
TOKYO – Japan’s consumer confidence fell in January for a second month, the government said on Monday, as the rapid spread of the Omicron coronavirus variant dampened shoppers’ mood. A Cabinet Office…
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