AfricaEconomy End of Black Sea grains deal promises pain for Africa’s neediest The Cheap InvestorJuly 17, 2023July 17, 20230 By Abdi Sheikh and Aaron Ross MOGADISHU (Reuters) – Russia’s announcement that it was withdrawing from a pact that allowed…
AsiaAustralia Dollar decline slows as investors wait on Fed The Cheap InvestorJuly 17, 2023July 17, 20230 By Karen Brettell NEW YORK (Reuters) – The dollar dipped against a basket of currencies on Monday after last week…
BusinessEconomy Goldman Sachs cuts probability of US recession in next 12 months The Cheap InvestorJuly 17, 2023July 17, 20230 By Davide Barbuscia NEW YORK (Reuters) -Goldman Sachs’ Chief Economist Jan Hatzius said on Monday the bank was cutting its…
BusinessEconomy Crypto firms facing US SEC charges find hope in Ripple ruling, experts say The Cheap InvestorJuly 17, 2023July 17, 20230 By Jody Godoy and Chris Prentice (Reuters) -A cryptocurrency developer’s landmark legal victory against the U.S. Securities and Exchange Commission…
BusinessEconomy Oil dips over 1.5% on demand fears after weak Chinese data The Cheap InvestorJuly 17, 2023July 17, 20230 By Arathy Somasekhar HOUSTON (Reuters) -Oil dropped by more than 1.5% on Monday after weaker than expected Chinese economic growth…
BusinessEconomy Microsoft granted two-month pause of UK appeal over Activision deal The Cheap InvestorJuly 17, 2023July 17, 20230 By Sam Tobin and Paul Sandle LONDON (Reuters) -Microsoft’s appeal against Britain’s block on its $69 billion takeover of Activision…
BusinessEconomy CDS panel rules UBS is sole successor to Credit Suisse after merger The Cheap InvestorJuly 17, 2023July 17, 20230 LONDON (Reuters) -A committee that reviews disputes in the credit default swaps (CDS) market said on Monday that UBS is…
EconomyEurope Why does the Black Sea grain deal’s expiry matter? The Cheap InvestorJuly 17, 2023July 17, 20230 By Nigel Hunt and Jonathan Saul LONDON (Reuters) – A deal allowing Ukraine to export grain via the Black Sea…
BusinessEconomy NY Fed report finds Americans increasingly facing borrowing headwinds The Cheap InvestorJuly 17, 2023July 17, 20230 By Michael S. Derby (Reuters) – Americans are increasingly getting shot down when they seek out loans, new data from…
BusinessEconomy Brazil’s economic activity surprises negatively with 2% decline in May The Cheap InvestorJuly 17, 2023July 17, 20230 BRASILIA (Reuters) – Economic activity in Brazil declined in May, showed a central bank index on Monday, signaling a non-linear…