By Neha Arora and Aftab Ahmed NEW DELHI (Reuters) – India is drafting a proposal for G20 countries to help debtor nations badly hit by the economic fallout from the pandemic and Ukraine war, by[...]
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Africa
Fund managers rush into emerging stocks and cut cash – BofA survey
LONDON (Reuters) -Investors turned more optimistic about the global economy in February, flocking to emerging market stocks and cutting their cash holdings to levels last seen since before the war in[...]
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Ghana bilateral lenders in talks to form official creditor committee
By Jorgelina do Rosario LONDON (Reuters) -Ghana’s bilateral lenders are discussing the formation of an official creditor committee, a first step needed to engage in debt relief talks for the cri[...]
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What is at stake for investors in Nigeria’s election?
(Corrects title of Babatunde Ojo in paragraph seven) By Rachel Savage JOHANNESBURG (Reuters) -Voters in Nigeria go to the polls on Feb. 25 and international investors are cautiously hopeful that whoev[...]
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Kenya’s president picks banker for deputy cenbank governor – senate document
NAIROBI (Reuters) – Kenya’s President William Ruto has nominated Susan Koech, a career banker who has also served in top government posts, to be the second deputy governor of the central b[...]
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Boeing 737 MAX plea deal withstands challenge from crash victims’ families
By David Shepardson (Reuters) -A U.S. judge in Texas on Thursday denied a legal bid by families of the victims of two Boeing 737 MAX crashes to reopen or reject a January 2021 deferred prosecution agr[...]
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Ackman’s Pershing Square reaps $2.7 billion from rate trade but down 9% in 2022 -letter
By Nell Mackenzie LONDON (Reuters) – Billionaire investor William Ackman’s Pershing Square fund reaped $2.7 billion on interest rate trades in 2022, but not enough to plug losses and the f[...]
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Yellen wants bolder World Bank steps on climate change, global issues
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen urged the World Bank to map out “bolder and more imaginative” steps on Thursday to address global challenges such as climate chan[...]
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Yellen says China should delay some debt demands, move faster on restructurings
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that she wants China to move more quickly to support specific debt restructurings for developing countries, especiall[...]
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