Turkey’s cenbank to deliver another substantial rate hike to 20%: Reuters Poll
By Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s central bank is expected to raise its policy rate by 500 basis points…
July 17, 2023
UN agency says no breakthrough on debt talks at G20 a ‘grave concern’
By Shivangi Acharya and Sarita Chaganti Singh GANDHINAGAR, India (Reuters) – The failure of the G20 to achieve a breakthrough…
India needs to grow at 7.6% a year for 25 years to be a developed nation -cenbank bulletin
MUMBAI (Reuters) – India will need to grow at a rate of 7.6% annually for the next 25 years to…
India’s fight against inflation far from over – RBI bulletin
By Swati Bhat and Siddhi Nayak MUMBAI (Reuters) – Food price spikes in India, typical at the onset of the…
German union calls for better staffing at Tesla plant amid expansion plans
FRANKFURT (Reuters) – Germany’s top union IG Metall on Monday called for Tesla to improve staffing conditions at its German…
How to get high rates to work for you
By Chris Taylor (Reuters) – There is no doubt that higher interest rates are hard on a many people –…
Fisker to sell limited edition electric SUVs in India by fourth quarter
(Reuters) – U.S. startup Fisker said on Monday it would produce 100 limited edition electric sports utility vehicles (SUVs) for…
Traders bulk up on biggest bull position in sterling since Brexit
By Nell Mackenzie LONDON (Reuters) – Speculators have amassed their biggest long position in sterling in dollar terms since Brexit,…
Russia to hike rates to 8% as weak rouble adds to inflation concerns: Reuters poll
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s central bank is expected to hike rates to 8% on…
Russia refuses to renew Black Sea grain deal and says no guarantees for ships now
(Reuters) – Russia refused on Monday to extend the agreement that has enabled Ukraine to export grain from its Black…