Economic News (3rd Party)
China and Brazil have world’s greenest central banks, activists say
FRANKFURT (Reuters) – China has the world’s greenest central bank, followed by Brazil, both beating richer countries thanks to concrete steps such as lower interest rates on loans for pollution-fighting projects, an activist group said on Wednesday. FILE PHOTO: A man wearing a mask walks past the headquarters of the People’s Bank of China, the …
Italy’s health minister expects COVID cases to start falling in late spring
ROME (Reuters) – Italy is seeing a steady rise in coronavirus infections but a national vaccination campaign and tougher restrictions mean numbers should start improving in late spring, the health minister said. FILE PHOTO: Italian Health Minister Roberto Speranza speaks to reporters after European health ministers from neighbouring countries to Italy held a meeting to …
U.S. concerned over China’s ‘predatory’ behavior when comes to technology: State Dept
FILE PHOTO: U.S. State Department spokesman Ned Price answers a question during a news briefing at the department in Washington, U.S., February 9, 2021. Olivier Douliery/Pool via REUTERS WASHINGTON (Reuters) – The United States has profound concerns over China’s “predatory” behavior when it comes to technology, the State Department spokesman said on Thursday, adding that …
Gulf markets mixed as Biden win is no ‘make or break’ for regional economies
DUBAI (Reuters) – Gulf stock markets were muted on Sunday after Joe Biden’s U.S. election victory, reflecting expectations that his administration will not bring radical changes to the region’s struggling economies. In Saudi Arabia, the stocks index .TASI declined 0.2% at market open but posted some gains in early trading and was up 0.3% at …
U.S. job growth slows; nearly 4 million Americans permanently unemployed
WASHINGTON (Reuters) – U.S. employment growth slowed more than expected in September and over 300,000 Americans lost their jobs permanently, dealing a potential blow to President Donald Trump ahead of the fiercely contested Nov. 3 presidential election. FILE PHOTO: A view shows signs in the windows of Lord & Taylor, advertising a store closing sale, …
New security law starts to break down Hong Kong’s pro-democracy economy
HONG KONG (Reuters) – As soon as Hong Kong’s new national security law came into force last week, Ivan Ng removed all the protest-themed paintings, posters and flags from the list of items for sale at his Onestep Printing shop. FILE PHOTO: Memo papers with protest slogans are seen outside a “yellow” restaurant, a business …
Croatia’s ruling HDZ wins parliamentary vote, majority within reach
Croatian Prime Minister and leader of Croatian Democratic Union (HDZ) Andrej Plenkovic gestures after the results were announced during parliamentary election, amid the spread of the coronavirus disease (COVID-19), in Zagreb, Croatia, July 5, 2020. REUTERS/Marko Djurica ZAGREB (Reuters) – Croatia’s ruling centre-right Croatian Democratic Union (HDZ) convincingly won a parliamentary election on Sunday, held …
China publishes Beijing coronavirus genome data, officials suggest a European strain
BEIJING (Reuters) – China has released genome sequencing data for the coronavirus responsible for a recent outbreak in Beijing, with officials saying on Friday it identified a European strain based on preliminary studies. China, which had been under pressure to make the data public sooner rather than later as COVID-19 cases mount in the country’s …
Spain plans last emergency decree extension as protests break out
MADRID (Reuters) – Spain’s government will seek to extend its coronavirus state of emergency one last time until late June, Prime Minister Pedro Sanchez said on Saturday as anti-government protests broke out around the hard-hit country. A man wearing a protective face mask and a Spanish flag marches and bangs saucepan lids as he attends …
World shares subdued amid mixed earnings; oil falters
LONDON (Reuters) – Global shares struggled on Wednesday as mixed earnings, doubts about the easing of coronavirus lockdowns and simmering U.S.-China tensions cast a pall over markets. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville Oil prices ended an extended winning streak …
