By Leika Kihara TOKYO (Reuters) -Japan’s bitter memories of its decades-long battle with deflation hang heavily over the central bank’s deliberations to take its first modest step away from ultra-loose monetary policy, even as inflation and wages creep up. The appointment of Kazuo Ueda as Bank of Japan (BOJ) governor this year and mounting price…
By Filipp Lebedev and Gleb Stolyarov (Reuters) -Taiwan-based computer manufacturer Acer supplied at least $70.4 million worth of computer hardware to Russia between April 8, 2022 and March 31, 2023, according to customs data seen by Reuters, after saying it would suspend its business there. While not illegal, Acer’s actions contrast with those of key…
BRASILIA (Reuters) – President Luiz Inacio Lula da Silva’s first nominees for top positions in Brazil’s central bank will not be involved in the upcoming interest rate decision on June 21 because their names will not be submitted for necessary approval by the Senate until the following week. The Senate’s Economic Affairs Committee announced on…
By Nandita Bose and Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden warned Thursday about “ugly” attacks from “hysterical” people who are targeting LGBTQ+ Americans, as he announced new measures intended to curb book bans and rising hate crimes. “We have some hysterical and, I would argue, prejudiced, people” engaged in targeting LGBTQ people, Biden said….
By Trevor Hunnicutt, Andrea Shalal and Kate Holton WASHINGTON (Reuters) -U.S. President Joe Biden and British Prime Minister Rishi Sunak said Thursday their countries would partner on advanced technologies, clean energy and critical minerals as they strengthen a historical security alliance. Biden and Sunak signed the “Atlantic Declaration,” which Sunak described as a first-of-its-kind economic…
By Humeyra Pamuk and Simon Lewis RIYADH/WASHINGTON (Reuters) – When Saudi Arabia’s Public Investment Fund (PIF) signed a deal this week to merge with North America’s top body in charge of professional golf, it signaled for some the completion of a U.S.-aided rehabilitation of Crown Prince Mohammed bin Salman, five years after the murder of…
By Dave Graham MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador this week intervened in the increasingly fractious race to succeed him, a move party insiders said was aimed at warding off potential division and protecting the commanding political power base he has built. Under pressure for months from Foreign Minister Marcelo Ebrard…
By Kanishka Singh WASHINGTON (Reuters) – White House COVID-19 response coordinator Ashish Jha will be leaving his post, U.S. President Joe Biden said on Thursday in a statement in which he thanked Jha for his handling of the pandemic. His departure was reported first by the Wall Street Journal, which said Jha will be the…
WASHINGTON/LONDON (Reuters) – Britain and the United States backed a new “Atlantic Declaration” on Thursday for greater cooperation on pressing economic challenges in areas like clean energy, critical minerals and artificial intelligence. The joint declaration described the partnership as the “first of its kind” in covering the broad spectrum of the two countries’ economic, technological,…
WASHINGTON (Reuters) -The White House on Thursday denied a report that the United States and Iran were nearing an interim deal under which Iran would curb its nuclear program in return for sanctions relief. “This report is false and misleading,” said a spokesperson for the White House National Security Council, referring to an article on…
