Credit Suisse has paid back government-backed liquidity- Swiss finance minister

By Noele Illien and Stefania Spezzati ZURICH (Reuters) -Credit Suisse has repaid the liquidity backed by the Swiss government, Finance Minister Karin Keller-Sutter said in an interview with Swiss broadcaster SRF aired late on Wednesday. The bank so far has not disclosed how much it had borrowed under the so-called public facility backstop (PLB) –…

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S.Africa mulls options on ICC arrest warrant for potential visitor Putin

By Carien du Plessis JOHANNESBURG (Reuters) -South Africa is mulling legal options if Russian President Vladimir Putin, the subject of a war crimes arrest warrant, attends a BRICS emerging economies summit in Johannesburg in August, Foreign Minister Naledi Pandor said on Thursday. The International Criminal Court has issued a warrant for Putin related to Russia’s…

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U.S. Weekly Jobless Claims Rise Modestly; Layoffs Increase In May

WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased modestly last week, suggesting the labor market remains tight despite growing fears of a recession amid higher borrowing costs. Initial claims for state unemployment benefits rose 2,000 to a seasonally adjusted 232,000 for the week ended May 27. Economists polled by…

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