Browsing: Economy

Faris Hadad-Zervos, the World Bank’s country director, announced a $150 million aid package today to support Sri Lanka’s financial stability as the country grapples with a…

The surprise return of former Prime Minister David Cameron as the U.K.’s new foreign secretary brings his work for the fallen Greensill Capital back to the…

By Daniel Wiessner (Reuters) – A U.S. judge has blocked the U.S. Department of Justice from pursuing an administrative case accusing Elon Musk’s SpaceX of illegally…

In a recent address at the European Central Bank Conference, Dallas Fed President Lorie Logan emphasized the need for stronger liquidity infrastructure in the United States.…

By Shivangi Acharya and Sarita Chaganti Singh NEW DELHI (Reuters) -India’s industrial output rose 5.8% year-on-year in September, government data showed on Friday, lagging expectations on…

BERLIN (Reuters) – The German parliament on Friday approved the implementation of a global minimum corporate tax, as part of an international deal to ensure large…

European Central Bank (ECB) President Christine Lagarde has signaled a potential increase in borrowing costs should inflationary pressures persist, despite a recent slowdown in inflation rates.…

In an effort to assess the resilience of the financial system, the Bank of England, under the direction of Andrew Bailey, initiated a ten-day “system-wide exploratory…

Federal Reserve Chair Jerome Powell, speaking at an International Monetary Fund (IMF) event yesterday, underscored the need for a sustained monetary policy approach to combat inflation.…

By Dan Burns (Reuters) -U.S. consumer sentiment fell for a fourth straight month in November and households’ expectations for inflation rose again, with their medium-term outlook…