Economy

LONDON (Reuters) -Britain has imposed sanctions against Iranian individuals and organisations after Iran’s attack on Israel on Oct. 1, Britain’s Foreign Office said on Monday. The sanctions target senior figures…

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Economy

S&P Global says countries likely to default more often in coming decade

October 14, 2024

By Libby George LONDON (Reuters) – Countries are likely to default more frequently on their foreign currency debt in the coming decade than they did in the past due to…

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Economy

America’s record ‘net debtor’ status enters the unknown: McGeever

October 14, 2024

By Jamie McGeever ORLANDO, Florida (Reuters) -Foreign investors’ claims on Uncle Sam have been greater than U.S. investors’ claims overseas for decades, an imbalance that many analysts have long warned…

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Economy

Panama to stick to economic targets despite budget backtrack, minister says

October 14, 2024

By Kylie Madry and Elida Moreno PANAMA CITY (Reuters) – Panama will stick to its economic forecasts for next year even though the government withdrew its budget proposal after pushback…

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Economy

Nobel economics prize goes to inequality researchers

October 14, 2024

By Simon Johnson, Mark John STOCKHOLM (Reuters) -Three U.S.-based academics won the 2024 Nobel economics prize on Monday for their research into why global inequality persists, especially in countries dogged…

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Economy

China’s BYD warns EU tariffs will raise prices and deter buyers

October 14, 2024

PARIS (Reuters) -The EU’s planned tariffs on Chinese-made EVs will lead to higher prices and deter buyers, Chinese EV giant BYD (SZ:002594) warned on Monday, adding the tariffs proposed for…

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Economy

Turks seek to lower their credit card limits after proposed law

October 14, 2024

ISTANBUL (Reuters) – Turks are trying to lower their credit card limits, bankers said, after President Tayyip Erdogan’s ruling AK Party proposed a bill that would raise fees for some…

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Economy

Hungary seeks housing boost from pensions ahead of 2026 election

October 14, 2024

By Gergely Szakacs BUDAPEST (Reuters) -Hungary’s economy ministry proposed on Monday that savings in private pension accounts can be used tax-free for housing purposes as a one-off measure next year…

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Economy

Bank Indonesia to hold key rate at 6% on Oct. 16 amid rupiah concerns: Reuters poll

October 14, 2024

By Rahul Trivedi BENGALURU (Reuters) – Bank Indonesia (BI) will leave interest rates unchanged on Wednesday despite inflation falling to its lowest level since 2021, as receding expectations of aggressive…

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Economy

Analysis-For Europe’s economy, US election risks outweigh upside

October 14, 2024

By Mark John and Philip Blenkinsop (Reuters) – For Europe’s economy, the Nov. 5 U.S. election offers a “least bad” outcome of a challenging Kamala Harris presidency or a second…

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Popular Topics

UK sanctions Iranian military figures following attack on Israel

S&P Global says countries likely to default more often in coming decade

America’s record ‘net debtor’ status enters the unknown: McGeever

Panama to stick to economic targets despite budget backtrack, minister says

Nobel economics prize goes to inequality researchers

China’s BYD warns EU tariffs will raise prices and deter buyers

Turks seek to lower their credit card limits after proposed law

Hungary seeks housing boost from pensions ahead of 2026 election

Bank Indonesia to hold key rate at 6% on Oct. 16 amid rupiah concerns: Reuters poll

Analysis-For Europe’s economy, US election risks outweigh upside