(Reuters) -Argentina’s central bank on Thursday lowered its benchmark interest rate to 32% from 35%, as the South American nation makes headway in its fight to tame triple-digit inflation. The reduction is the eighth since libertarian President Javier Milei assumed office in December 2023 and continues a series of cuts since a high of 133% …
Argentina central bank cuts benchmark interest rate to 32% Read More »
By Ted Hesson (Reuters) -California Governor Gavin Newsom stressed the importance of trade with Mexico and immigrant labor at a press conference near the border on Thursday, striking a contrast with President-elect Donald Trump’s threat of tariffs and mass deportations. Newsom, a Democrat, portrayed the Republican president-elect’s planned 25% tariffs on goods from Mexico and …
California governor promotes trade with Mexico after Trump threats Read More »
By Felix Light TBILISI (Reuters) – Almost every night since pro-EU protests erupted in Georgia last week, young husband-and-wife duo Mamuka Matkava and Gogona Parkaia have been working flat out to feed their fellow demonstrators. Each night the couple, one a musician and the other an artist, spend three to four hours cooking dozens of …
Young Georgians see homeland at turning point amid pro-EU protests Read More »
By Aleksandra Michalska NEW YORK (Reuters) – The American Museum of Natural History revealed the identity of its latest resident on Thursday – “Apex,” one of the most complete specimens ever discovered of the plant-eating dinosaur Stegosaurus, known for the upright plates on its back and a spiky tail. To excited gasps from an audience …
New York museum unveils ‘Apex’ – an almost complete Stegosaurus Read More »
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Australia’s central bank will hold interest rates steady on Tuesday as a resilient labour market keeps inflation elevated, according to economists polled by Reuters who pushed forecasts for the first cut to the second quarter of next year. The Reserve Bank of Australia is the only central …
RBA to hold rates steady in December, first cut pushed to Q2: Reuters poll Read More »
By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India may ease monetary conditions on Friday by reducing banks’ cash reserve ratios after economic growth slowed to a seven-quarter low, but inflationary pressures may make it reluctant to cut interest rates just yet, analysts said. The six-member monetary policy committee (MPC) is largely expected …
India cenbank may ease policy Friday through liquidity if not rates, analysts say Read More »
By Neha Arora NEW DELHI (Reuters) – India’s finished steel imports from China reached an all-time high during the first seven months of the current financial year from April, according to provisional government data reviewed by Reuters, rattling hundreds of small Indian steel producers. China, the world’s biggest steel producer, shipped 1.7 million metric tons …
India’s steel imports from China hit record high, latest data shows Read More »
By Nandita Bose and Jeff Mason WASHINGTON (Reuters) – President Joe Biden’s top aides are discussing whether preemptive pardons to current and former public officials who may be targeted by the incoming Trump administration should be considered, but Biden has not yet made a decision on the topic, sources said. White House officials are debating …
White House aides discuss preemptive pardons for Trump targets, sources say Read More »
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks ended lower on Thursday, with UnitedHealth down sharply and technology shares easing as investors awaited Friday’s jobs report. The S&P 500 technology index fell 0.2% after hitting a record closing high on Wednesday, when all three major U.S. stock indexes also notched closing highs. Shares of Synopsys …
Indexes dip with UnitedHealth, tech, ahead of jobs report Read More »
ROME (Reuters) – Italy believes there are no conditions for signing off on a trade deal between the European Union and South America’s Mercosur bloc, officials from Prime Minister Giorgia Meloni’s office said on Thursday. Rome’s government believes that signature can only take place on condition of adequate safeguards and compensation. European Commission President Ursula …
There are no conditions for signing off on EU-Mercosur trade deal, Italy says Read More »
