Economy

By Marcela Ayres and Rodrigo Campos WASHINGTON (Reuters) – The International Monetary Fund on Friday urged governments in Latin America and the Caribbean (LAC) to target economic policies aimed at…

By Elena Fabrichnaya and Gleb Bryanski MOSCOW (Reuters) -Russia’s central bank hiked its key interest rate by 200 basis points on Friday to 21%, the highest level since the early…

By Lewis Krauskopf NEW YORK (Reuters) – The rally in U.S. stocks is wobbling as it confronts a stretch of potentially market-shaking events, starting next week with corporate results from…

BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva has canceled a trip to the United Nations COP16 summit in Colombia, his office said on Friday, following medical advice after…

WASHINGTON (Reuters) – Germany is not facing a deep economic contraction, but steps need to be taken to prevent things from getting worse, said Bundesbank President Joachim Nagel in Washington…

(Reuters) – Canada’s main stock index opened higher on Friday due to gains in energy and real estate shares, while investors assessed domestic economic data. At 9:31 a.m. ET (13:31…

MOSCOW (Reuters) -Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank hiked its key rate to 21%, the…

By Karin Strohecker WASHINGTON (Reuters) – The World Bank will launch its first ever debt-for-development swap within weeks, its Vice President and Treasurer Jorge Familiar told Reuters, as the Washington-based…

WASHINGTON (Reuters) – New orders for key U.S.-manufactured capital goods increased more than expected in September, but business spending on equipment likely slowed in the third quarter. Non-defense capital goods…