Economy

WASHINGTON (Reuters) – Governments around the world need to rebuild fiscal capacity and central banks should think carefully about the timing of interest rate cuts, International Monetary Fund Managing Director…

By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s closely-watched country risk index, a reflection of how investors view the country’s debt, broke below a key level of 1,000 basis points…

WASHINGTON (Reuters) – European Central Bank President Christine Lagarde has invited European Commission President Ursula von der Leyen to speak to policymakers in January in what could become a more…

(Reuters) – U.S. consumer sentiment climbed to a six-month high in October as declining interest rates helped improve buying conditions for big-ticket items like cars, but the uptick was most…

By Leika Kihara WASHINGTON (Reuters) – A weak yen is beneficial for Japan’s economy as the boost to exports exceeds the increase in cost of imports, the International Monetary Fund’s…

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…