Explainer-Tax cuts, balanced budget: What’s not in Republican McCarthy’s debt plan?
WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy has floated a plan that would pair $4.5 trillion in…
Economy
UK economy shows signs of recovery despite inflation’s drag
By Suban Abdulla and William Schomberg LONDON (Reuters) -British businesses reported their busiest month in a year and consumers turned…
ECB must guard against early exit from restrictive policy -Rehn
HELSINKI (Reuters) – The European Central Bank should maintain a tightening monetary policy that restricts demand, Finnish central bank Governor…
Fed tilts toward rate hike, with a possible pause in view as lending slows
By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve officials remain set to raise interest rates at their May 2-3…
Russia watching for new Western sanctions, says they would hit world economy
(Reuters) – The Kremlin said on Friday it was monitoring reports of a possible ban on exports to Russia by…
Credit squeeze ‘biggest threat’ to economic outlook, Fidelity International says
By Nell Mackenzie PARIS (Reuters) – The biggest threat to the economic outlook is a credit squeeze that has not…
Brazil’s Campos Neto: central bank independence is crucial for the economy
By Libby George and Jorgelina do Rosario LONDON (Reuters) -Brazil’s central bank Governor Roberto Campos Neto said on Friday that…
Zimbabwe economy could grow 6% this year, finance minister says
HARARE (Reuters) – Zimbabwe’s economy could grow 6% this year, better than a previous forecast for 3.8% growth, thanks to…
Norway’s wealth fund posts $84 billion quarterly profit
OSLO (Reuters) -Norway’s $1.4 trillion sovereign wealth fund, one of the world’s largest investors, on Friday posted a 5.9% return…
Mexico’s lawmakers approve overhaul of mining industry
(Reuters) – The Mexican parliament’s lower house voted to press ahead with the proposed overhaul of the country’s mining laws…