By Marwa Rashad LONDON (Reuters) – The threat of disruptions to Europe’s gas supply from Russia, in the event the West imposes sanctions if Russia invades Ukraine, has prompted a debate about the need for long-term liquefied natural gas (LNG) contracts. The United States has in recent weeks asked Qatar and other major gas producers …
Explainer-Should Europe use more long term LNG contracts? Read More »
MADRID (Reuters) -Spanish Economy Minister Nadia Calvino suggested on Monday that each EU member state should play a leading role in setting its own fiscal targets instead of having common goals defined by the bloc’s rules. EU countries are currently discussing a change to the fiscal rules, officially called the Stability and Growth Pact, that …
Spain wants EU members to have leading role in setting own fiscal targets Read More »
By Leah Douglas (Reuters) – A flurry of proposed carbon pipelines in the U.S. Midwest has triggered a battle over whether companies behind the projects should be allowed to seize land from unwilling property owners to secure a route. Hundreds of Iowa landowners, more than a dozen state counties and a handful of lawmakers are …
U.S. carbon pipeline proposals trigger backlash over potential land seizures Read More »
MOSCOW (Reuters) – The Russian rouble firmed to a more than three-week high against the dollar on Monday, buoyed by rising oil prices but restrained by fears about a possible Russian invasion of Ukraine, plans for which Moscow has repeatedly denied. At 0730 GMT, the rouble gained 0.3% to 75.60 against the dollar after touching …
Rouble recovers to 3-wk high vs dollar, Putin-Macron talks in focus Read More »
BERLIN (Reuters) -German industrial production dipped in December, official data showed on Monday, as supply chain bottlenecks and a drop in construction hampered Europe’s largest economy at the end of last year. The Federal Statistics Office said the country’s industrial output fell by 0.3% on the month after an upwardly revised increase of 0.3% in …
LONDON (Reuters) -British house prices in January rose at their slowest monthly pace since June last year as a post-lockdown boom in the housing market started to fade and a growing cost-of-living squeeze is likely to add a further brake, mortgage lender Halifax said. House prices in January rose by 0.3% from December, Halifax said …
UK housing boom starts to fade as cost-of-living squeeze tightens – Halifax Read More »
JOHANNESBURG (Reuters) – South Africa’s net reserves dipped to $55.005 billion in January from $55.309 billion in December, the Reserve Bank said on Monday. Gross reserves fell to $57.199 billion in January from $57.589 billion in December. The forward position, which represents the central bank’s unsettled or swap transactions, dropped to $3.376 billion from $3.404 …
South Africa’s net reserves dip to $55.005 billion in January Read More »
By Alexandra Valencia (Reuters) – Ecuador is expecting a planned trade deal with China to increase commerce between the two countries by about 35%, though the South American country will seek to protect some local industry, Exterior Commerce Minister Julio Jose Prado said on Sunday. The two countries on Saturday said they would seek to …
Ecuador looking to increase China trade by 35%, minister says Read More »
By Steven Scheer JERUSALEM (Reuters) – Israel’s central bank should be prepared to raise interest rates and taper foreign exchange intervention if inflation pressures intensify further, the International Monetary Fund said on Sunday. In a statement following its annual visit, the IMF said there was room for Israel’s government to raise taxes while also advising …
Israel cenbank should be set to tighten if inflation gains further -IMF Read More »
By Alexandra Valencia QUITO (Reuters) – Ecuador expects to pull together a trade deal with China at the end of this year and will begin formal debt re-negotiations with the Asian country, Ecuadorean President Guillermo Lasso said on Saturday, after a Beijing visit with his counterpart Xi Jinping. China became Ecuador’s top lender over the …
Ecuador sees trade deal with China at end of year, debt talks to begin Read More »
