JACKSON HOLE, Wyoming (Reuters) -Interest rates in Britain might have to stay high “for some time yet,” Bank of England Deputy Governor Ben Broadbent said on Saturday, as the central bank[...]
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August 26, 2023
No real fix to the sharp rise in public debt loads, economists say
By Ann Saphir Jackson Hole, Wyoming (Reuters) – The steep jump in public debt loads over the past decade and a half, as governments borrowed large amounts of money to battle the Global Financial[...]
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Chocolate makers’ prospects sour as cocoa prices spike
By Maytaal Angel, Jessica DiNapoli and Richa Naidu LONDON/NEW YORK (Reuters) – (This Aug. 18 story has been corrected to clarify that Europe has seen chocolate price increases of 13%, not 20%, o[...]
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Fed’s Mester sees another rate hike, says rate cuts may have to wait
By Ann Saphir and Howard Schneider JACKSON HOLE, WYOMING (Reuters) – Beating inflation will probably require one more U.S. interest-rate hike and then going on hold for “a while,” Cl[...]
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ECB rate pause now may be too early: policymaker
By Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) – It may be too early for the European Central Bank to pause interest rate hikes now as an early stop in the fight against inflation could force[...]
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Trump, Biden policies shifted trade from China at a cost, study shows
By Howard Schneider JACKSON HOLE, Wyoming (Reuters) – U.S. trade has shifted away from China due to policies enacted by the Biden and Trump administrations, but U.S. reliance on China-linked sup[...]
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Fan blades, engine parts go missing from Go First jets, lessor says
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – From fan blades to escape slides, critical parts are missing from at least two planes of India’s bankrupt Go First airline, its Ireland[...]
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Centaline says mainland China unit has ‘huge’ unpaid developers’ commissions
BEIJING (Reuters) – Centaline Property has said its mainland China unit is owed a huge amount of unpaid commissions and so it cannot pay employees their commissions, responding to reports of del[...]
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