By Sarah Morland, Noe Torres and Emily Green MEXICO CITY (Reuters) -Remittances sent to Mexico dropped 4.6% in May compared to a year earlier, according to central bank data published on Tuesday, as the United States prepares to implement a tax on the money sent by workers to their families back home. The figure for …
Mexico remittances dip 5% in May as US mulls tax Read More »
By Patrick Werr CAIRO (Reuters) -The IMF may merge its fifth and sixth reviews of Egypt’s $8 billion support programme because of slow progress on structural reforms, possibly delaying a new disbursement by half a year, three people with knowledge of discussions said on Tuesday. The International Monetary Fund approved its fourth review of the …
Approval of Egypt’s IMF programme review faces possible delay, sources say Read More »
By Simon Jessop, Marc Jones and David Latona SEVILLE (Reuters) -The Inter-American Development Bank aims to unlock at least $11 billion in sustainable finance to help countries cope with events, including natural disasters that put a strain on their currencies and hamper private-sector investment. As the United States and other richer nations cut official development …
Exclusive-IDB seeks to unlock $11 billion-plus for sustainability goals Read More »
(Reuters) -Peruvian monthly consumer prices increased in June, resuming their upward trend after falling the previous month, according to data published on Tuesday by the national statistics agency INEI. June’s inflation was 0.13% month-on-month, slightly above the 0.11% rate forecast by analysts polled by Reuters. In comparison, consumer prices fell 0.06% in May. Inflation in …
SINTRA, Portugal (Reuters) -The euro’s recent appreciation against the dollar doesn’t just reflect market conditions but also the strength of the euro zone’s economy, European Central Bank President Christine Lagarde said. “It’s a reflection of the market conditions and assessment,” Lagarde told the ECB’s Conference on Central Banking. “It’s also a reflection of the strength …
ECB’s Lagarde says euro’s rise also reflects economic strength Read More »
SANTIAGO (Reuters) -Chile’s economic activity rose 3.2% in May when compared to a year earlier driven by a strong performance of its key mining sector, but still landed below market forecasts, central bank data showed on Tuesday. The IMACEC index, which accounts for about 90% of the Andean country’s gross domestic product, accelerated from the …
Chile’s economic activity misses forecasts in May despite mining boost Read More »
BRUSSELS (Reuters) -Belgium will introduce capital gains tax on financial assets, such as shares and cryptocurrencies, its finance minister said, bringing it into line with its European peers. Belgium was one of the few European countries that did not tax capital gains on most financial assets for individual investors. Income tax in the country, however, …
Belgium to tax capital gains in major fiscal reform Read More »
By Rene Wagner and Tom Sims FRANKFURT (Reuters) -German residential property prices rose 3.8% in the first quarter of 2025 from a year earlier, a second consecutive rise after a period of steep declines during a nationwide real-estate slump, federal data showed on Tuesday. After more than a decade of uninterrupted gains, home prices began …
German home prices rise for second consecutive quarter after deep slump Read More »
By Peter Hobson CANBERRA (Reuters) -An Australian livestock industry body said on Tuesday it had abandoned its goal to make the sector, a significant emitter of planet-warming methane, carbon neutral by 2030 but that reducing emissions would remain a priority. The carbon neutral pledge, first announced in 2017, was absent from Meat & Livestock Australia’s …
Australia’s red meat industry drops 2030 carbon neutral goal Read More »
BUENOS AIRES (Reuters) -Argentina’s economic activity rose 7.7% in April compared with the same month last year, the biggest annual increase in around three years, official data showed on Monday. The figure for Latin America’s third-largest economy came above the 6.6% expansion projected by analysts polled by Reuters. The pace of growth accelerated from the …
Argentina’s April economic activity beats forecasts to bolster Milei rebound Read More »
