Russian central bank to hold rate at 7.5%, inflation pressure looming
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – The Russian central bank is expected to hold rates at 7.5%…
Economy
Strikes ground flights at German airports, railway walkouts to follow
BERLIN (Reuters) -Industrial action grounded dozens of flights at two major German airports on Monday as security workers and ground…
Brazil woos sceptical foreign investors with new fiscal plan
By Libby George LONDON (Reuters) -Brazil’s business and political leaders are pressing the case in Europe for investment in the…
Mexico inflation cools to lowest since Oct 2021, fueling rate cut hopes
MEXICO CITY (Reuters) -Mexican inflation slowed in the first half of April and reached its lowest level in a year…
Denmark presents “tight” fiscal budget to fight inflation
COPENHAGEN (Reuters) – Denmark’s government presented on Monday what it said was a “tight” fiscal spending plan for 2023, seeking…
Turkey year-end inflation seen at 46% despite likely post-election rate hikes – Reuters poll
ISTANBUL (Reuters) – Turkish inflation will dip to 46.4% by end-2023, a Reuters poll showed on Monday, while the policy…
Brazil eyes public campaign to slash tax waivers to companies -minister
BRASILIA (Reuters) – Brazil’s government is considering clarifying the size of each company’s tax benefits as part of a campaign…
In Portugal, Brazil’s Lula tries to lure back foreign investors
By Catarina Demony and Gabriel Araujo LISBON (Reuters) – Trying to lure back wary foreign investors, Brazil’s President Luiz Inacio…
Funds ignore Wall Street’s resilience, most bearish since 2011: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -Hedge funds remain unconvinced by Wall Street’s recovery from the March banking shock and…
China talks down already weakening iron ore amid cloudy outlook: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -The spot price of iron ore tumbled to a four-month low as Beijing once…