By Jamie McGeever ORLANDO, Florida (Reuters) -The curious dance between markets and the Federal Reserve now underway – Wall Street on a roll even as Fed officials say the most aggressive interest rate-hiking cycle in decades may need to go further – can partly be traced to the communications debacle of the “taper tantrum” exactly…
By Doyinsola Oladipo NEW YORK (Reuters) – Lillian Smith has spent about eight of the last 12 months traveling around the world, hitting France, Morocco, Japan and South Korea. Her cost for lodgings in that time? About one night in a hotel, along with the time she spent walking dogs, watering plants and changing litter…
BERLIN (Reuters) -Germany’s government should tackle labour shortages by making it easier for immigrants to join the workforce, the DIHK Chambers of Commerce and Industry said on Monday, as it reaffirmed a forecast that the economy would flatline this year. Germany’s corporate sector is showing resilience, weathering high energy prices, rising interest rates and the…
By Hyonhee Shin SEOUL (Reuters) – South Korea and the European Union agreed on Monday to step up cooperation on security amid tension over Russia’s invasion of Ukraine and North Korean nuclear threats. South Korean President Yoon Suk Yeol held a summit in Seoul with European Commission President Ursula von der Leyen and European Council…
By Monica Machicao LA PAZ (Reuters) – Bolivian authorities are investigating whether any Catholic Church officials in the country should be held accountable following the publication of a diary of a late Jesuit priest that contained multiple confessions of child abuse. The case has triggered complaints from former students about other abuse in religious-run schools…
KYIV (Reuters) -At least eight people were wounded and scores of buildings were damaged in an overnight Russian air strike on the Dnipropetrovsk region in southeastern Ukraine, local officials said on Monday. Video footage released by emergency services showed a huge crater in a courtyard and fire fighters dousing the remnants of blazes in huge…
TOKYO (Reuters) – Japan’s government may set up a new budget account to manage spending linked to childcare funding reforms, the Nikkei business daily reported on Monday. Prime Minister Fumio Kishida has pledged to double childcare spending to reverse Japan’s dwindling birthrate, by making it easier for a both married couple to work and the…
By Padraic Halpin DUBLIN (Reuters) -Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead European Union privacy regulator over its handling of user information and given five months to stop transferring users’ data to the United States. The fine, imposed by Ireland’s Data Protection Commissioner (DPC), came after Meta…
PARIS (Reuters) – Investments that France needs to finance its transition to a low-carbon economy are set to add 25 percentage points to its debt burden by 2040, a report from the government-funded France Strategie think-tank said on Monday. France will need to make additional annual investments of about 67 billion euros ($74 billion) –…
By David Morgan, Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt ceiling on Monday, after the two leaders held a phone call on Sunday as the president flew back to Washington that both sides described as positive. McCarthy, speaking to…
