Worried Markets Want to Believe a Debt-Ceiling Deal Can Be Done
There’s been little progress so far in Washington, but optimists are hopeful that the US can avoid default
There’s been little progress so far in Washington, but optimists are hopeful that the US can avoid default
Australian Trade Minister Don Farrell will head to China on Thursday for the first in-person meeting between the two countries’ top trade officials since 2019 in yet another sign of warming relations between Beijing and Canberra.
Ecopetrol SA’s top manager called for Colombia’s government to drop its opposition to new oil exploration, apparently revising his view that the ban was responsible.
The Archbishop of Canterbury denounced Prime Minister Rishi Sunak’s immigration legislation as “morally unacceptable” and a threat to the UK’s reputation, in an unusually blunt rebuke against a key government policy by England’s top religious leader.
Chile’s Finance Ministry raised its forecasts for this year and now expects positive economic growth and faster inflation, adding to views that the nation’s slowdown will be less severe than initially thought.
Senator Joe Manchin vowed to oppose President Joe Biden’s nominees to fill key positions at the US Environmental Protection Agency over its forthcoming plan to limit greenhouse gas emissions from power plants.
Egypt has revived plans to sell an additional 10% stake in state-run Telecom Egypt through a share sale this month, according to people familiar with the matter, as the North African nation seeks to raise cash and reassure investors.
Democratic Republic of Congo’s President Felix Tshisekedi says soldiers from the East African Community aren’t fulfilling their mandate to fight rebels in the country’s east and he may ask them to leave.
Thai politicians are trying to outdo each other, promising voters billions of dollars worth of relief and freebies that offer near-term benefits and yet potentially damaging to the economy in the long run.
Security concerns cast a shadow on celebrations across Russia of the World War II Victory Day holiday, as authorities canceled or scaled back plans for parades and other events on a day that President Vladimir Putin has made a centerpiece of his patriotic push.