Reuters US Economy

By Marcela Ayres BRASILIA (Reuters) -Brazil’s gross debt rose less than expected in 2024, supported by the central bank’s sale of foreign reserves in December, a month marked by intense exchange rate volatility amid fiscal concerns, official data showed on Friday. A key indicator of fiscal solvency, the gross debt-to-GDP ratio decreased to 76.1% in …

Brazil’s gross debt rises less than expected in 2024, aided by foreign reserves sale Read More »

By Promit Mukherjee OTTAWA (Reuters) – Canada’s economy contracted more than expected in November as activity across a majority of sectors shrank due to work stoppages in inland transportation and at ports, Statistics Canada said on Friday. The country’s gross domestic product shrunk by 0.2% in November on a monthly basis from a 0.3% rise …

Canada’s GDP contracts by 0.2% in November, likely rebounded following month Read More »

By Karen Braun NAPERVILLE, Illinois (Reuters) -Brazil’s slow soybean harvest means that supplies are not reaching buyers as quickly as they might have hoped. But China, the destination for more than 70% of Brazil’s annual soy exports, does not appear concerned. A delayed Brazilian harvest can sometimes widen the export window for U.S. soybeans, but …

China passes on US soybeans despite Brazilian delays -Braun Read More »

By Nikunj Ohri and Shivangi Acharya NEW DELHI (Reuters) -India’s economy is likely to continue its sluggish pace of growth next fiscal year weighed down by global risks, according to a finance ministry report that has called on states to pursue business reforms to boost economic activity. The annual Economic Survey, which was presented in …

India economy report predicts sluggish growth, pushes for more reforms Read More »

By Gavin Maguire LITTLETON, Colorado (Reuters) -India lowered imports of thermal coal by over 5.5 million tons in 2024 from the year before, according to data from Kpler, which may seem like good news to climate trackers monitoring trends in the world’s second-largest coal consumer. But total coal-fired power generation hit new highs in India …

India’s lower coal imports mean bad news for power emissions: Maguire Read More »

By Jamie McGeever ORLANDO, Florida (Reuters) -U.S. interest rate cycles are driven largely by how restrictive or accommodative the Federal Reserve thinks monetary policy is. And right now, the picture is confusing.     After the Fed kept rates steady on Wednesday, Chair Jerome Powell said policy is still “meaningfully” restrictive, even after 100 basis points …

Financial conditions undercut Fed’s ‘restrictive’ view: McGeever Read More »