Development bank financing pledge gives COP29 summit early boost
By Kate Abnett and Simon Jessop BAKU (Reuters) – COP29 negotiators welcomed as an early boost to the two-week summit a pledge by major development banks to lift funding to…
Economy
1821 posts
Indonesian bankers say growth, inflows could be hit by Trump’s policies
JAKARTA (Reuters) – Indonesia’s growth and portfolio investment could be hit if planned policies of U.S. President-elect Donald Trump disrupt global trade and make it harder to cut interest rates,…
Ukraine gets $1.35 billion from US for humanitarian, social programs, PM says
KYIV (Reuters) – Ukraine has received a $1.35 billion grant from the United States and will direct the funds toward humanitarian and social programs, Prime Minister Denys Shmyhal said on…
Musk to co-lead government efficiency department; CPI data – what’s moving markets
Investing.com – US stock futures edged lower after a post-election rally paused in the previous session. Highlighting the economic calendar on Wednesday will be the latest monthly US consumer price index,…
ECB’s Villeroy: Trump’s economic agenda risks global economy, return of inflation
PARIS (Reuters) – U.S. President-elect Donald Trump’s economic agenda risks returning inflation to the United States and hurting economic growth worldwide, Bank of France head and European Central Bank (ECB)…
Explainer-Protecting democracy, adjusting taxes – which German coalition plans could survive?
By Thomas Escritt BERLIN (Reuters) – Germany’s political parties agree on few things after Chancellor Olaf Scholz’s coalition collapsed last week following months of budget wrangling, but protecting the Constitutional…
Bank of France head Villeroy says he expects inflation to remain moderate in France
PARIS (Reuters) – Bank of France head and European Central Bank (ECB) member Francois Villeroy de Galhau said on Wednesday he expected inflation to remain moderate in France and that…
Trump win could be a double whammy for Hungary’s economy
By Gergely Szakacs and Karin Strohecker BUDAPEST/LONDON (Reuters) – Donald Trump’s victory may be a political boon for Hungarian leader Viktor Orban but on the economy, Trump is bad news…
Thai Finance Minister eyes 2025 GDP growth of 3.5%, plans more stimulus
By Kitiphong Thaichareon and Orathai Sriring BANGKOK (Reuters) – Thailand is targeting economic growth of 3.5% in 2025 after 2.7% growth seen this year, and the government will soon consider…
Explainer-Why are countries fighting over climate finance at COP29?
By Kate Abnett BAKU (Reuters) – The main task for nearly 200 countries at the U.N.’s COP29 climate summit is to broker a deal that ensures up to trillions of…