Top economists urge bolder action on 'crisis of extreme inequality'
More than 230 economists and political leaders have called on the United Nations and the World Bank to do more to tackle the widening gap between the rich and poor around the world, a problem they say many governments are ignoring.
2023-07-18 20:20
India to push G20 to raise share of taxes on firms where they earn 'excess profit' - sources
(his July 16 story has been corrected to show that 25% is not the tax rate, but the share of
2023-07-18 19:29
Yellen Sees Disinflation Pressures at Work as Hiring Surge Fades
Treasury Secretary Janet Yellen said a cooling — but not faltering — labor market is playing a key
2023-07-18 18:50
Turkish Lira Extends Loss as Banks Pull Back Before Rate Meeting
The Turkish lira extended losses against hard currencies as traders said state banks had withdrawn support ahead of
2023-07-18 16:27
ECB Member Klaas Knot Calls Hiking Beyond July ‘At Most a Possibility’
European Central Bank Governing Council member Klaas Knot said monetary tightening beyond next week’s meeting is anything but
2023-07-18 16:22
Ukraine Recap: Drone Attacks Reported Over South Ukraine, Crimea
Massive drone attacks were reported in southern Ukraine and over Russian-occupied Crimea hours after President Vladimir Putin vowed
2023-07-18 14:55
G-20 Latest: World Bank Chief Aims to Boost Lending Ability
Group of 20 finance ministers and central bank governors conclude a two-day gathering Tuesday, with participants haggling over
2023-07-18 14:20
Dollar teeters near one-year low; euro climbs to 17-month peak
By Rae Wee SINGAPORE The dollar wobbled near an over one-year low against its major peers on Tuesday,
2023-07-18 13:51
Factbox-Corporate debt woes are on the rise
LONDON From Britain to Sweden and France, debt-laden firms are starting to feel the strain from high inflation
2023-07-18 13:19
UK Inflation Data Set to Fuel Pressure for More BOE Rate Hikes
British households and businesses are bracing for UK inflation figures on Wednesday that are expected to keep the
2023-07-18 13:18
China Foreign Minister’s Mystery Absence Fuels Black Box Concern
The mystery three-week absence of China’s Foreign Minister Qin Gang, considered a rising star of Chinese politics, is
2023-07-18 12:59
ECB’s Visco Says Inflation May Drop More Quickly Than Forecast
European Central Bank Governing Council member Ignazio Visco said inflation may come down more quickly than the institution
2023-07-18 12:48