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Colombia’s new director of Public Credit to seek rebuilding market confidence

By Nelson Bocanegra Bogota (Reuters) – Colombia’s new Public Credit director, Javier Cuellar, will seek to renew market confidence, the executive said Monday, amid growing uncertainty stemming from the country’s cloudy fiscal outlook and the recent replacement of its finance minister. Cuellar, who served as president of the National Guarantee Fund, replaced Jose Roberto Acosta …

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Colombia inflation seen easing in March, rising in 2025 and 2026: Reuters poll

By Nelson Bocanegra BOGOTA (Reuters) – Inflation in Colombia likely eased in March, after increasing in the first two months of the year due to higher minimum wages and gas tariffs subsidies, a Reuters poll showed on Monday. According to the median estimates from 22 analysts surveyed, consumer prices for the third month of the …

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Brazil central bank to monitor inflation expectations closely as policymakers weigh next steps

BRASILIA (Reuters) -Brazilian central bank director Nilton David signaled on Monday that policymakers will monitor inflation expectations when determining their next steps, anticipating that inflation will remain persistent in the coming months. Earlier this month, the central bank raised interest rates by 100 basis points for the third consecutive time, sticking to previous guidance, and …

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Australia home prices hit new record in March after rate cut, CoreLogic data shows

SYDNEY (Reuters) – Australia’s property prices hit a record high in March after the first rate cut in over four years bolstered buyer sentiment, although it remains unclear if the upward momentum will last due to affordability issues. Figures from property consultant CoreLogic, which will soon rebrand to Cotality, showed prices across the nation rose …

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Inflation in Poland at 4.1% in 2025, central bank survey shows

WARSAW (Reuters) – Average annual inflation in Poland will amount to 4.1% in 2025, and it will then slow to 3.2% in 2026 and 2.7% in 2027, according to forecasts published on Monday in the central bank macroeconomic survey. Inflation stood at 4.9% year-on-year in March, statistics office data showed. The experts surveyed also expect …

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Exclusive-Commodity traders Gunvor, Vitol queue to stock up on Russian aluminium from LME storage, sources say

By Pratima Desai LONDON (Reuters) – Major commodity traders Gunvor and Vitol are waiting to withdraw large volumes of Russian-produced aluminium from London Metal Exchange-approved warehouses in the South Korean port of Gwangyang, three sources familiar with the matter said. Gunvor and Vitol mostly focus on energy, but oil and gas trading giants more broadly …

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UK expects to be hit by US tariffs this week, PM’s spokesman says

LONDON (Reuters) -Britain expects to be hit by U.S. President Donald Trump’s plans to impose global tariffs this week and the government has been preparing for all eventualities, Prime Minister Keir Starmer’s spokesman said on Monday. Talks between Britain and the United States to negotiate a new economic deal that would avert the tariffs are …

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Thailand still expects 38 million foreign tourists this year despite quake, minister says

BANGKOK (Reuters) – Thailand’s tourism ministry is maintaining its forecast for foreign tourist arrivals at 38 million this year despite the powerful earthquake, the minister said on Monday. The impact of the quake is to be limited and short-term, Sorawong Thienthong told reporters, adding more than 1,000 hotel room bookings had been cancelled since the …

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Germany’s VDMA engineering group sees weak recovery this year

BERLIN (Reuters) – Germany’s plant and equipment makers face a 2% decline in production in real terms this year as geopolitical disputes, U.S. trade tariffs and general uncertainty cloud prospects for a strong recovery, the VDMA association said on Monday. Reiterating its earlier forecast, the engineering group also urged Germany’s next government to undertake deep …

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