Reuters US Economy

By Andrea Shalal WASHINGTON (Reuters) – Ukrainian Prime Minister Denys Shmyhal and top Ukrainian finance officials will visit Washington next week during the spring meetings of the International Monetary Fund and World Bank, sources familiar with the plans said on Friday. Shmyhal, Finance Minister Serhiy Marchenko and central bank governor Kyrylo Shevchenko are slated to …

Ukraine’s prime minister, finance officials to visit Washington next week Read More »

(Reuters) – The Russian central bank has imposed foreign exchange controls to support liquidity but aims to preserve market pricing principles and a rouble exchange rated determined by the market, the bank’s first deputy governor said on Friday. Ksenia Yudayeva said the Russian economy and its financial sector were in good shape before Feb. 24, …

Russian cenbank says wants rouble rate to be determined by market Read More »

By Pete Schroeder WASHINGTON (Reuters) – U.S. President Joe Biden on Friday said he would nominate former Treasury official Michael Barr to be the Federal Reserve’s Wall Street cop, replacing Sarah Bloom Raskin, who withdrew in March after failing to win support from moderate Democrats. Currently a professor at the University of Michigan Law School, …

Explainer-Michael Barr faces long to-do list as the U.S. Fed’s next Wall Street cop Read More »

(This April 14 story corrects first dateline from Washington to London) By Sinead Cruise and Carolina Mandl LONDON/NEW YORK (Reuters) – Russian companies and global banks including BNY Mellon, Deutsche Bank, Citigroup and JPMorgan could profit if Moscow moves to de-list Russian companies’ depositary receipts from foreign exchanges, according to two people familiar with the …

Exclusive: Russian companies, banks could reap windfall from depositary receipt delisting Read More »

By Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) -Japan is preparing to attend a gathering of financial leaders from the Group of 20 economic powers next week, its finance minister said on Friday, as Western nations sought the expulsion of Russia from the forum and said they would skip sessions where Moscow is represented. Shunichi …

Japan to attend G20 meet, no comment on Russia’s participation -finance minister Read More »

BRASILIA (Reuters) – Russia has asked Brazil for support in the International Monetary Fund, the World Bank and the G20 group of top economies to help it counter crippling sanctions imposed by the West since it invaded Ukraine, according to a letter seen by Reuters. Russian Finance Minister Anton Siluanov wrote to Economy Minister Paulo Guedes …

Russia asks Brazil to help keep sway at IMF, World Bank Read More »

ZURICH (Reuters) – Lebanese central bank chief Riad Salameh is ready to meet Swiss prosecutors in person to answer questions about their money-laundering investigation, he said in a television interview. Salameh is facing investigations in Lebanon and five European countries into the alleged embezzlement of some $330 million in public funds with the help of …

Lebanese central banker says ready to answer Swiss questions in probe Read More »

By Francois Murphy VIENNA (Reuters) – Russian President Vladimir Putin told Chancellor Karl Nehammer during their meeting this week that Austria’s supply of gas can continue to be paid for in euros, Nehammer was quoted as saying by Austrian news agency APA. Moscow has warned Europe it risks having gas supplies cut unless it pays …

Austrian leader says Putin told him gas payments in euros can continue Read More »