Zambia sent bondholders debt restructuring proposal, finance ministry says
By Jorgelina do Rosario and Rodrigo Campos WASHINGTON/NEW YORK (Reuters) – Zambia last week gave its bondholders a “concrete proposal”…
Economy
Peru’s GDP declines 0.63% in Feb, beats expectations
(Reuters) – Peru’s gross domestic product (GDP) shrunk 0.63% in February compared with the same month last year, the government’s…
Africa needs more help with climate change, debt and food crises
By Joe Bavier WASHINGTON (Reuters) – Africa is struggling with the triple shock of rising debt burdens, an ongoing food…
France’s Macron signs contested pension law as unions plan more protests
PARIS (Reuters) -French President Emmanuel Macron on Saturday signed into law a deeply unpopular bill to raise the state pension…
U.S., Vietnam say they hope to deepen ties as Blinken visits Hanoi
By Humeyra Pamuk HANOI (Reuters) -Vietnamese Prime Minister Pham Minh Chinh and U.S. Secretary of State Antony Blinken on Saturday…
Atomic ‘angst’ over? Germany closes last nuclear plants
By Riham Alkousaa BERLIN (Reuters) – Germany will pull the plug on its last three nuclear power stations by Saturday,…
US bank giants ride rate rises, keep storm clouds at bay
By Nupur Anand, Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) -U.S. banking heavyweights reaped windfalls from higher interest payments…
Bank of England’s Tenreyro says patience needed to lower inflation
(Reuters) -Bank of England policymaker Silvana Tenreyro said past interest rate rises would take time to bear down on inflation,…
IMF seeks more funding assurances before pact on Pakistan aid – Bloomberg News
(Reuters) – The International Monetary Fund is seeking “necessary” financing assurances from Pakistan as soon as possible to conclude a…
Emergency Credit Suisse rescue shakes faith in Switzerland
By John Revill and Noele Illien ZURICH/BERN (Reuters) -Switzerland’s tradition of dependable consensus politics has taken a battering after the…