MADRID (Reuters) -The Spanish government is in no rush to sell its 16% stake in Caixabank, Economy minister Nadia Calvino said in an interview with Spanish newspaper Expansion. “We are in no hurry to do so,” Calvino said in the interview published on Monday, when asked when the state planned to offload its holding in …
Spanish government in no hurry to sell Caixabank stake, says minister -Expansion Read More »
PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Monday that France’s economic growth this year will be better than the government’s forecast of 6.25%, even though inflation was currently strong and weighing on people’s spending power. “Let’s stick to the official forecast of 6.25% but I think we’ll do better,” Le Maire …
France’s Le Maire: economic growth will be better in 2021 than current 6.25% forecast Read More »
By Steven Scheer JERUSALEM (Reuters) -Israel’s banking regulator said on Monday that Israeli banks could resume regular divided payouts starting in 2022, cancelling a temporary directive made at the outset of the COVID-19 pandemic while cautioning banks over market uncertainty caused by the virus. “With the return to orderly economic activity, the need for providing …
Israeli banks may resume regular dividends in 2022, regulator says Read More »
By Dhara Ranasinghe and Saikat Chatterjee LONDON (Reuters) – Thursday’s European Central Bank meeting looks like a crucial one – officials are set to call time on pandemic-triggered stimulus. The question now is how much support to leave in its place given the emergence of the Omicron COVID-19 variant and uncomfortably high inflation. Here are …
LIVERPOOL, England (Reuters) – The Group of Seven major industrialized countries are concerned about the “coercive” economic policies of China, British Foreign Secretary Liz Truss said on Sunday. “We have been clear at this meeting this weekend that we are concerned about the coercive economic policies of China,” Truss said at a G7 news conference …
G7 is concerned about China’s ‘coercive’ economic policies – UK’s Truss Read More »
By David Ljunggren OTTAWA (Reuters) -Canada dramatically hardened its tone with Washington in a dispute over proposed U.S. credits for electric vehicles on Friday, threatening to slap tariffs on a range of American goods unless the matter was resolved. In a letter to senior members of the U.S. Senate, Finance Minister Chrystia Freeland and Trade …
Angry Canada threatens to impose tariffs on U.S. goods over EV tax credit plan Read More »
WASHINGTON (Reuters) – White House spokesperson Jen Psaki said on Friday the White House will defer to the Federal Reserve on decisions about whether to raise interest rates. Asked about the possibility of the Fed raising rates to fight inflation, Psaki told reporters the Fed is an independent agency and makes its own decisions. (Reporting …
White House says it defers to Fed on interest rate decisions Read More »
(Reuters) – The U.S. government on Friday posted a $191 billion budget deficit for November, 32% higher than the $145 billion shortfall a year earlier as pandemic-related spending drove record outlays for the month and outstripped a sharp rise in personal income tax receipts on the back of the rebounding economy. The November deficit was …
U.S. budget gap rises from a year earlier in November Read More »
OTTAWA (Reuters) – The Bank of Canada and the finance ministry are scheduled hold a news conference on Monday, officials said on Friday, a clear sign they will announce the renewal of their five-year monetary policy framework. Reuters reported on Thursday the central bank would soon announce it was leaving its inflation target at 2% …
Canada Finance Minister, Bank of Canada set to unveil monetary policy framework Read More »
MOSCOW (Reuters) – The Russian economy can easily weather the carbon border tax as proposed by the European Union in July 2021, the World Bank said on Friday, calling on Moscow to take cooperative action along the global path to a green transition. The EU proposed a Carbon Border Adjustment Mechanism (CBAM), or CO2 tariff, …
Russia can weather EU’s planned carbon border tax, World Bank says Read More »
