Reuters US Economy

By Howard Schneider ATLANTA (Reuters) -Federal Reserve officials see rising yields on long-term U.S. Treasury debt as evidence their tight-money policies are working, but for now at least say they are not triggering alarm bells for the economy. Atlanta Federal Reserve President Raphael Bostic agreed the comparatively fast recent rise in the market interest rates …

Fed officials see high long rates as “complicated,” but not yet a threat Read More »

By Alien Fernandez HAVANA (Reuters) – In Cuba, beset by economic crisis and shortages, even the most fundamental of endeavors like fishing or farming can get complicated quickly. That’s why two young Cuban entrepreneurs decided to turn to aquaponics to combine the two in a bid to get more bang for their buck and at …

Cuban entrepreneurs use ‘aquaponics’ for efficient food production Read More »

BRASILIA (Reuters) – Brazil’s trade surplus reached a historic high for September, but fell slightly short of market estimates, according to government data released on Monday. The trade surplus for the month stood at $8.9 billion, which missed the median forecast of a $9.2 billion surplus in a Reuters poll of economists. The figure marked …

Brazil September trade surplus hits record but misses expectations Read More »

BERLIN (Reuters) – Germany’s manufacturing sector, which accounts for about a fifth of its economy, remained mired in a downturn in September on weak demand and rapidly falling output, a survey showed on Monday. The HCOB final Purchasing Managers’ Index (PMI) for manufacturing rose to 39.6 in September from 39.1 in August, below the 39.8 …

German manufacturing stays mired in downturn in Sept – PMI Read More »

PARIS (Reuters) – France’s ailing manufacturing sector contracted for the eighth month in a row in September, with production and new orders falling at their sharpest rates in over three years, a survey showed on Monday. HCOB’s final Purchasing Managers Index (PMI) for the French manufacturing sector – compiled by S&P Global – came in …

French manufacturing activity shrinks faster in September – PMI Read More »

ROME (Reuters) – Italy’s manufacturing sector contracted in September for a sixth consecutive month, a survey showed on Monday, amid persistent declines in output and new orders in the euro zone’s third-largest economy. The HCOB Global Purchasing Managers’ Index (PMI) for Italian manufacturing came in at 46.8, up from 45.4 in August but still well …

Italy’s manufacturing shrinks in Sept, no respite in sight – PMI Read More »

By Aziz El Yaakoubi and Pesha Magid RIYADH (Reuters) – Saudi Arabia is expected to tap the international debt markets to finance a projected budget deficit in 2023-2024, the finance ministry said, against a backdrop of lower oil prices and the country’s extended oil production cuts. The finance ministry said in a preliminary budget statement …

Saudi Arabia to tap international debt markets as deficits return Read More »