As prospects for a meeting-end consensus statement remained in doubt Saturday afternoon in Bengaluru, an eighth draft of a communiqué being discussed among the world’s top finance chiefs showed lingering tensions over language about Russia’s war in Ukraine and debt restructuring.
Labour holds a 17-point lead over the Conservative Party, setting up a potential landslide win at the next general election similar to Tony Blair’s in 1997, according to a BMG survey for the i newspaper.
Inflation accelerated in the US and Europe last month, highlighting sticky price pressures that will keep central bankers committed to raising interest rates.
Standard Chartered Plc is in talks to support the leveraged-finance business of Credit Suisse Group AG’s investment-banking spinoff, according to people familiar with the matter.
US Treasury Secretary Janet Yellen said inflation continues to be a problem even as she reiterated her conviction that there is a path for it to come down while maintaining a strong labor market.
The Financial Stability Board, International Monetary Fund and Bank for International Settlements are committed to presenting a foundation for the regulation of private cryptocurrencies, IMF Managing Director Kristalina Georgieva said.
Walking away from a deal would be political disaster for the UK prime minister. Pressing ahead could be just as dangerous.
A flicker of optimism in the UK’s public finances and the return of long-absent debt investors are fueling hopes the government’s bumper bond sale plan can be digested by the market.
Nearly every opinion poll before Saturday’s presidential election in Nigeria put Peter Obi far out in front — making him the first third-party candidate with a real shot at the top job in Africa’s biggest democracy.
Central banks globally must remain vigilant until inflation is firmly under control, according to International Monetary Fund Managing Director Kristalina Georgieva.
