‘Way too early’ to declare victory over inflation, says ECB’s Nagel
Joachim Nagel, President of Germany’s federal reserve Bundesbank addresses the media during the bank’s annual news conference in Frankfurt, Germany March 1, 2023. REUTERS/Kai Pfaffenbach/File...
China weighs options to blunt U.S. sanctions in a Taiwan conflict
BEIJING, Oct 20 (Reuters) – In a war with the U.S. over Taiwan, China would need to create a global network of companies under U.S....
Putin filmed in China accompanied by officers with Russian nuclear briefcase
MOSCOW, Oct 18 (Reuters) – Rare footage was shown on Wednesday of Russian President Vladimir Putin in Beijing accompanied by officers carrying the so-called nuclear...
Putin visits ‘dear friend’ Xi in show of no-limits partnership
BEIJING, Oct 17 (Reuters) – Russian President Vladimir Putin arrived in Beijing on Tuesday to meet with Chinese President Xi Jinping on a widely watched...
As global debt worries mount, is another crisis brewing?
Higher rates feed developed economy debt worries Huge spending needs, interest payments to keep debt high U.S., Italy, Britain most concerning Credible spending plans, tax...
Developing countries facing a debt crunch
LONDON, Oct 4 (Reuters) – High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing...
European banks flag bad loan risks as global economy falters
[1/3]The headquarters of Germany’s Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File Photo LONDON/MILAN/MADRID, July 26 (Reuters) – Europe’s major banks,...
Worsening euro zone business downturn reignites recession fears
LONDON, July 24 (Reuters) – Euro zone business activity shrank much more than expected in July as demand in the bloc’s dominant services industry declined...
Major banks cut China 2023 GDP forecasts as recovery falters
BEIJING, June 16 (Reuters) – Several major banks have cut their 2023 gross domestic product (GDP) growth forecasts for China after May data showed a...
Central banks, still waiting for relief on inflation, lean higher on rates
[1/2] Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration WASHINGTON/FRANKFURT, June 15 (Reuters) – Two years into confronting rising inflation,...