Oil plunges to lowest since pandemic; natural gas, soy slump as China retaliates
By Anna Hirtenstein (Reuters) – Oil prices plunged on Friday to the lowest level since 2021 and commodities including natural…
Category: Economy
Trade war’s impact on growth extremely detrimental, ECB says
BRUSSELS (Reuters) – A trade war with the United States could have a fleeting impact on euro zone inflation but…
Putin urges officials not to freeze Russian economy in ‘cryotherapy chamber’
By Darya Korsunskaya and Gleb Bryanski MOSCOW (Reuters) – Russian President Vladimir Putin urged his economic officials on Tuesday not…
High spending pushes Russia’s budget deficit to $31.5 billion in Jan-Feb
By Darya Korsunskaya and Alexander Marrow (Reuters) -Soaring government spending pushed Russia’s budget deficit to 2.70 trillion roubles ($31.45 billion)…
White House official expects Q1 GDP to ‘squeak’ into positive category
By Andrea Shalal WASHINGTON (Reuters) -White House economic adviser Kevin Hassett on Monday said he expected uncertainty about President Donald…
China’s central bank pledges financial support for private economy
BEIJING (Reuters) – China’s central bank vowed on Thursday to provide strong financial support for the healthy development of private…
Bearish bets further ease on Asian currencies as markets look past Trump tariffs – Reuters poll
By Rishav Chatterjee (Reuters) – Short positions on all Asian currencies were at multi-month lows on Thursday, as analysts shrugged…
G7 ministers link future Russia sanctions to good faith talks
MUNICH (Reuters) – G7 foreign ministers agreed on Saturday to continuing working together to get a strong peace deal for…
Fed’s Goolsbee says he feels more comfortable that labor market is stabilizing, WSJ reports
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee said he feels more comfortable that the labor market is stabilizing,…
China urges more aid for people in need as economic woes persist
BEIJING (Reuters) – The Chinese government urged local officials to provide more financial relief or step up one-time allowances to…