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Tag: ECON

US new home sales rebound in May;  consumer sentiment at record low
Business

US new home sales rebound in May; consumer sentiment at record low

June 25, 2022 - by admin - Leave a Comment

Carpenters work on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, US, May 5, 2021. REUTERS/Octavio Jones/File Photo Register …

US new home sales rebound in May; consumer sentiment at record low Read More
EU plans for life without Russian gas amid inflation spike
World

EU plans for life without Russian gas amid inflation spike

June 24, 2022 - by admin - Leave a Comment

‘The notion of cheap energy is gone,’ Latvian PM says Inflation in the euro zone has shot to all-time highs Germany warns some industries may have to close this winter …

EU plans for life without Russian gas amid inflation spike Read More
Stocks temper their inflation expectations on copper pounding
Business

Stocks temper their inflation expectations on copper pounding

June 24, 2022 - by admin - Leave a Comment

S&P futures up 0.9%, European stocks gain 1.5% MSCI world stocks eyeing 2.5% weekly rise Copper falls more than 7% on week, oil down 2% German 10-year bond yields drop …

Stocks temper their inflation expectations on copper pounding Read More
US recession fears darken outlook for global growth
Business

US recession fears darken outlook for global growth

June 23, 2022 - by admin - Leave a Comment

WASHINGTON/LONDON/TOKYO, June 23 (Reuters) – Manufacturing growth is slowing worldwide as China’s COVID-19 curbs and Russia’s invasion of Ukraine disrupt supply chains and keep inflation at the highest in years, …

US recession fears darken outlook for global growth Read More
Putin signs decree on new scheme to service Eurobonds as default looms
World

Putin signs decree on new scheme to service Eurobonds as default looms

June 23, 2022 - by admin - Leave a Comment

Russian President Vladimir Putin chairs a meeting with members of the Security Council via video link in Moscow, Russia June 22, 2022. Sputnik/Mikhail Metzel/Kremlin via REUTERS Register now for FREE …

Putin signs decree on new scheme to service Eurobonds as default looms Read More
Recession fear stalks oil, copper and stocks
Business

Recession fear stalks oil, copper and stocks

June 23, 2022 - by admin - Leave a Comment

LONDON, June 23 (Reuters) – Global markets fell on Thursday as investors worried that further rises in interest rates to quell decades-high inflation would tip economies into recession. The German …

Recession fear stalks oil, copper and stocks Read More
Germany triggers gas alarm stage, accuses Russia of 'economic attack'
World

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

June 23, 2022 - by admin - Leave a Comment

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke//File Photo Register now for FREE unlimited access to …

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’ Read More
G7, NATO leaders to ratchet up pressure on Russia, keep eye on China - US officials
World

G7, NATO leaders to ratchet up pressure on Russia, keep eye on China – US officials

June 23, 2022 - by admin - Leave a Comment

A damaged tram is pictured at a shelled tram depot in Kharkiv, amid Russia’s attack on Ukraine, June 15, 2022. REUTERS/Ivan Alvarado Register now for FREE unlimited access to Reuters.com …

G7, NATO leaders to ratchet up pressure on Russia, keep eye on China – US officials Read More
UK inflation hits 40-year record, highest in G7
Business

UK inflation hits 40-year record, highest in G7

June 23, 2022 - by admin - Leave a Comment

Inflation hits 9.1%, highest since March 1982 UK has highest inflation rate out of G7 Food price inflation hits highest since 2009 Inflation to top 11% later this year, BoE …

UK inflation hits 40-year record, highest in G7 Read More
Fed to lift rates by 75 basis points in July, 50 bps in September - Reuters poll
Business

Fed to lift rates by 75 basis points in July, 50 bps in September – Reuters poll

June 23, 2022 - by admin - Leave a Comment

The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, …

Fed to lift rates by 75 basis points in July, 50 bps in September – Reuters poll Read More

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