Ireland edges into top 10 global tax haven ranking
By John O’Donnell DUBLIN (Reuters) – Ireland has leapfrogged the Bahamas to become the world’s ninth most significant tax haven, according to a ranking by pressure group the Tax Justice…
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In Argentina’s poverty-hit barrios a food emergency takes hold
By Lucila Sigal and Javier Corbalan BUENOS AIRES/SALTA, Argentina (Reuters) – In Argentina’s poor barrios a food emergency is taking hold as poverty rises, with malnutrition on the increase and…
Western nations urge Kenya to seek IMF review of corruption issues, sources say
By Aaron Ross NAIROBI (Reuters) – Major shareholders at the International Monetary Fund are urging Kenya to request an IMF assessment of corruption and governance issues as part of a…
In Nevada, where hospitality rules, tipping is not the issue
By Howard Schneider and Ann Saphir LAS VEGAS/RENO, Nevada (Reuters) – Two decades into her work as a unionized bartender in Reno, Nevada, Kristie Strejc has the comfort of job…
Bank of Mexico may consider larger rate cuts, says bank governor
By Anthony Esposito MEXICO CITY (Reuters) – The Bank of Mexico’s governing board may consider larger cuts to its benchmark interest rate going forward as inflation in Latin America’s second…
More ratings cuts feared after Moody’s downgrades Israel two notches
By Steven Scheer JERUSALEM (Reuters) – A two-notch downgrade of Moody’s (NYSE:MCO) Israel credit rating may not be the last, analysts say, as war on two fronts spurs state spending…
Factbox-Big banks add October cut to ECB forecasts
LONDON (Reuters) -Major brokerages, including Goldman Sachs and JPMorgan, now expect the European Central Bank to deliver a quarter-point cut at its Oct. 17 meeting, on the back of recent…
Deutsche Bank says ECB will cut rates in October after inflation drop
LONDON (Reuters) – Deutsche Bank on Tuesday said it now expects the European Central Bank to cut interest rates again in October, after steeper-than-expected falls in inflation across the euro…
ECB’s Rehn sees euro area inflation stabilising at 2% during 2025
HELSINKI (Reuters) – The euro area inflation rate will stabilise at the European Central Bank’s 2% target during the course of 2025, Finnish ECB policymaker Olli Rehn said in a…
Why bond investors favour Spain over France
By Yoruk Bahceli and Belén Carreño (Reuters) – Investors have started demanding more compensation to lend money to France than they do to Spain, punishing France for not getting its…