US slaps sanctions on Sinaloa Cartel fentanyl network
MEXICO CITY (Reuters) -The U.S. Treasury Department on Wednesday imposed sanctions on 10 Mexican nationals and one company in the…
July 12, 2023
SF Fed Paper warns key inflation measure may prove hard to tame
By Michael S. Derby NEW YORK (Reuters) – If economic trends that existed before the coronavirus pandemic reassert themselves, a…
G20 finance chiefs set to discuss reforms to development banks, crypto, debt
NEW DELHI (Reuters) – Finance ministers and central bank governors of the G20 member nations are set to meet and…
White House economic official Brainard: inflation on moderating path
(Reuters) – National Economic Council Director Lael Brainard on Wednesday said the latest U.S. economic data shows that upward price…
IMF board approves Pakistan bailout programme
(Reuters) – The board of the International Monetary Fund (IMF) approved a $3 billion, nine-month bailout programme for Pakistan on…
Canada probes Nike, Dynasty Gold over alleged use of forced labor in China
By Ismail Shakil and Divya Rajagopal OTTAWA (Reuters) – Canada’s corporate ethics watchdog launched separate investigations into Nike Canada and Dynasty…
Explainer-Why is the U.S. SEC reforming money market funds?
By Michelle Price WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Wednesday finalized long-awaited regulations to improve…
Chile govt lowers forecast for 2023 economic growth
SANTIAGO (Reuters) – Chile’s government now expects gross domestic product (GDP) to grow 0.2% in 2023, Finance Minister Mario Marcel…
Germany plans to offer companies $6.6 billion a year in tax relief
BERLIN (Reuters) -Germany’s finance ministry plans to offer companies a tax relief package of around 6 billion euros ($6.61 billion)…
Texas defers decision on EV charging funds amid industry pushback on Tesla plugs – sources
By Abhirup Roy SAN FRANCISCO (Reuters) – Texas again deferred a vote on grants of federal funds to build electric…