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Economy

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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…

  • Asia
  • Australia

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…

  • Business
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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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

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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…

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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…

  • Economy
  • Europe

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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

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