Economic outlook has ‘darkened’, business and government leaders warn in Davos
DAVOS, Switzerland, May 23 (Reuters) – Multiple threats to the global economy topped the worries of the world’s well-heeled at the annual Davos think-fest on...
On possible nuclear strike, Russia says: it’s all in our military doctrine
LONDON, May 10 (Reuters) – Asked if Russia would rule out a preemptive tactical nuclear strike on Ukraine, Russia’s deputy foreign minister said on Tuesday...
Fed’s Williams on board with 50 bps rate hikes at next two meetings
ELTVILLE AM RHEIN, May 10 (Reuters) – U.S. Federal Reserve Chair Jerome Powell’s signal that the central bank plans to raise interest rates by 50...
Analysis: Banks face reversal of fortune from war and runaway inflation
New era of rising rates renews focus on lending risks Policymakers run recession gauntlet to curb inflation War, geopolitics threaten long-lasting economic pain LONDON/BERLIN, May...
U.S. Treasury’s Yellen, White House say World Bank needs major ‘reboot’
U.S. Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on “the State of the International Financial System,” on Capitol Hill in...
Poor countries face food, energy, finance crises due to Ukraine war, UN chief says
United Nations Secretary-General Antonio Guterres speaks to the media regarding Russia’s invasion of Ukraine, at the United Nations Headquarters in New York City, U.S., March...
U.S. aircraft carrier deploys off Korean peninsula amid tensions with North
SEOUL, April 12 (Reuters) – The USS Abraham Lincoln strike group is operating in waters off the Korean peninsula, the U.S. Navy said on Tuesday,...
China tells EU it will pursue Ukraine peace in its own way
Russia’s invasion of Ukraine dominates virtual summit First EU-China virtual summit since 2020 China’s Xi hopes for ‘independent’ EU BRUSSELS/BEIJING, April 1 (Reuters) – China...
Ukraine says ‘confrontational’ Russia talks moving forward as West plans more sanctions
Biden to announce more sanctions on visit to Europe Air strikes turning Mariupol into ‘ashes’ – council At least 100,000 people want to leave city...
New wave of inflation – and disruptions – hits U.S. factory floors
A worker operates one of the metal cutting machines at Gent Machine Co.’s factory in Cleveland, Ohio, U.S., May 26, 2021. REUTERS/Timothy Aeppel Register now...