By Marcela Ayres WASHINGTON (Reuters) -The Inter-American Development Bank on Saturday said leaders of 10 multilateral development banks committed to take action in five critical areas, including addi[...]
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April 20, 2024
IMF’s Gopinath says high U.S. deficits fueling growth, higher interest rates
By David Lawder WASHINGTON (Reuters) -The United States needs to raise revenues to bring down high budget deficits even though they are helping to fuel global growth by stoking domestic U.S. demand, I[...]
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Growth is too low but focus must be on price stability – SNB’s Jordan
ZURICH (Reuters) – Monetary policy should remain focused on price stability, Swiss National Bank Chairman Thomas Jordan said in remarks aired on Saturday. Speaking to national broadcaster SRF, h[...]
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IMF, World Bank steering committee stresses accountability as reforms advance
WASHINGTON (Reuters) – The steering committee for both International Monetary Fund and the World Bank on Saturday emphasized the need for broader accountability as the institutions implemented r[...]
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Emirates and flydubai resume normal operations after Dubai floods
RIYADH (Reuters) – Dubai’s flagship carrier Emirates and sister airline flydubai have restored normal operations after heavy rains caused severe flooding across the United Arab Emirates ea[...]
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Tesla cuts US prices of Models Y, X, S by $2,000
By Nilutpal Timsina (Reuters) – Tesla cut the U.S. prices of its Model Y, Model X and Model S vehicles by $2,000 each on Friday, days after the first-quarter deliveries of the world’s most[...]
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UAW ahead as first ballots counted in union vote at Volkswagen’s Tennessee factory
By Nora Eckert CHATTANOOGA, Tennessee (Reuters) -An early tally of ballots on a key unionization vote at Volkswagen’s Tennessee plant showed most workers in favor of joining the United Auto Work[...]
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IMF concerned about debt, fiscal challenges facing low-income countries
By Andrea Shalal and David Lawder WASHINGTON (Reuters) -Shareholders of the International Monetary Fund agreed this week on the importance of addressing challenges faced by low-income countries, many[...]
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Bitcoin ‘halving’ has taken place, CoinGecko says
By Elizabeth Howcroft LONDON (Reuters) -Bitcoin, the world’s largest cryptocurrency, on Friday completed its “halving,” a phenomenon that happens roughly every four years, according[...]
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