COP27 offers a breakthrough in the climate fund at the cost of advances in emissions

The COP27 climate summit ends after long negotiations at the end of the week Delivers final agreement on the creation of a landmark climate finance fund Negotiators say some have blocked tougher emissions targets SHARM EL SHEIKH, Egypt (November 20) (Reuters) – Countries wrapped up this year’s United Nations climate summit on Sunday with a … Read more

New York Fed: Bank liquidity may be tighter than expected, with policy implications

Nov. 18 (Reuters) – The way the banking system manages its cash suggests that the financial system may not be as fluid as many now understand it, and that could have implications for how the Federal Reserve manages the size of its balance sheet, a paper from the Reserve Bank said. New York Fed on … Read more

Trump’s 2024 presidential bid was a new wrinkle for the markets

NEW YORK (Reuters) – Former President Donald Trump’s entry into the 2024 presidential race on Tuesday confirmed the world’s “worst-kept secrets” and created another variable for markets that some investors say remains a low priority for now. Trump, who has launched relentless attacks on voting integrity in the United States since his defeat in the … Read more

Exclusive: Germany is stepping up its emergency monetary plans to tackle power outages

FRANKFURT (Reuters) – German authorities are stepping up preparations to hand over emergency funds in the event of a power outage to keep the economy running as the nation prepares for a possible blackout caused by the war in Ukraine, four people involved said. One of the people said plans include the Bundesbank, Germany’s central … Read more

COVID public health emergency in the US to stay in place

Two Biden administration officials said Friday that the United States will maintain a public health emergency for the COVID-19 pandemic, allowing millions of Americans to get free tests, vaccines and treatments. One of the officials said the possibility of an increase in coronavirus cases in the winter and the need for more time to transition … Read more

Britain froze Russian assets worth 18 billion pounds

Russia bypasses Libya and Iran as prime target of UK sanctions The UK says sanctions are hurting Russia’s military Russia uses chips in kitchen utensils for cabinets The UK government has reported 236 sanctions violations LONDON (Reuters) – The British government said on Thursday it had frozen more than 18 billion pounds ($20.5 billion) in … Read more

Musk warns of Twitter bankruptcy as more CEOs resign

(Reuters) – Twitter’s new owner Elon Musk on Thursday raised the possibility of the social media platform’s bankruptcy, capping a chaotic day that included a warning from the US privacy regulator and the exit of the company’s trust and safety leader. In his first conference call with employees, the billionaire said he couldn’t rule out … Read more

Lola’s honeymoon ends with markets amid concerns over spending plan

BRASILIA (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva’s honeymoon with markets appeared to be over on Thursday, as investors grew impatient with his desire to boost social spending without setting long-term fiscal rules or naming top economic policymakers. Brazil’s currency and the Bovespa stock exchange benchmark (.BVSP) Both jumped last week after Lula … Read more

Mastodon: What social network has been hailed as an alternative to Twitter?

BERLIN (Reuters) – With Twitter in disarray since it was taken over by the world’s richest person last week, Mastodon, a decentralized and open alternative from privacy-obsessed Germany, has seen an influx of new users. Tesla wrote on Twitter: “The bird is free.” (TSLA.O) Mongolian Elon Musk when he completed his $44 billion acquisition of … Read more

Dollar stability as Fed approaches; fragile yen

SINGAPORE (Reuters) – The dollar rose on Monday as bets that the U.S. Federal Reserve may signal a slowdown in its rate-raising cycle, ahead of this week’s key policy meeting, cooled, and as domestic data pointed to underlying inflation pressures. . The dollar was broadly higher in Asian trading, especially against the Japanese yen, rising … Read more