Venezuela opposition leader Guaido in “informal” meetings with Colombia

Venezuela’s opposition leader Juan Guaido addresses the media in Caracas, Venezuela June 14, 2022. REUTERS/Leonardo Fernandez Viloria Register now for FREE unlimited access to Reuters.com Register CARACAS, Aug 12 – Venezuelan opposition leader Juan Guaido has held “informal meetings” with members of newly elected Colombian President Gustavo Petro’s government, he said on Friday. In a … Read more

S. African rand slips after dollar jumps on strong US jobs report

A street money changer counts South African Rands in Harare, Zimbabwe, May 5, 2016. REUTERS/Philimon Bulawayo Register now for FREE unlimited access to Reuters.com Register JOHANNESBURG, Aug 5 (Reuters) – The South African rand slumped on Friday against a buoyed dollar after the US July employment report came in better than expected, raising the prospect … Read more

July inflation could shock Argentina’s government – economy ministry source

Aug 4 (Reuters) – Inflation in July could be so high that it will “shock” Argentina’s government, an economy ministry source told Reuters on Thursday, expecting high inflation in August as well. Former Congressman Sergio Massa took office Wednesday as economy minister in the midst of an economic crisis, announcing measures intended to ensure fiscal … Read more

Argentina’s incoming economy chief expected to announce budget cuts

FILE PHOTO – Argentina’s President of the Chamber of Deputies Sergio Massa presents his resignation in front of the Parliament before being sworn-in as the new Economy Minister, in Buenos Aires, Argentina August 2, 2022. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Reuters.com Register BUENOS AIRES, Aug 3 (Reuters) – Argentina’s next economy … Read more

Pakistan imports fall sharply in July, to help rupee stabilize – finance minister

A currency trader counts Pakistani Rupee notes as he prepares an exchange of US dollars in Islamabad, Pakistan December 11, 2017. REUTERS/Caren Firouz/File Photo Register now for FREE unlimited access to Reuters.com Register ISLAMABAD, July 31 (Reuters) – Pakistan imports fell by more than a third in July after a ban on non-essentials, the finance … Read more

Analysis: World’s biggest bond markets back in vogue as recession fears mount

Global indices are displayed on a screen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, August 19, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register LONDON, July 29 (Reuters) – One day you’re out and the next day you’re in: the world’s … Read more

Hungary to allow companies to pay taxes in euros or dollars – finance minister

Hungarian Finance Minister Mihaly Varga speaks during a business conference in Budapest, Hungary, February 19, 2022. REUTERS/Bernadett Szabo Register now for FREE unlimited access to Reuters.com Register BUDAPEST, July 30 (Reuters) – Hungary will allow companies to pay their taxes in euros or dollars as well as forints, the government announced on Saturday, a move … Read more

Sri Lanka resumes bailout discussions with IMF, finance ministry says

Drivers push auto rickshaws in a line to buy petrol from a fuel station, amid Sri Lanka’s economic crisis, in Colombo, Sri Lanka, July 29, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register NEW DELHI, July 29 (Reuters) – Sri Lanka has resumed technical discussions with the International Monetary Fund on … Read more

World Bank has no new financing plans for crisis-hit Sri Lanka

People stand next to their empty cylinders as they wait in a queue to buy domestic cooking gas, amid the country’s economic crisis, in Colombo, Sri Lanka, July 23, 2022. REUTERS/Adnan Abidi Register now for FREE unlimited access to Reuters.com Register July 29 (Reuters) – The World Bank does not plan to offer new financing … Read more

Analysis: Argentina’s economic crisis whack-a-mole goes into overdrive.

The facade of Argentina’s Central Bank is pictured in the financial district of Buenos Aires, Argentina December 7, 2021. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Reuters.com Register BUENOS AIRES, June 28 (Reuters) – Argentina’s economic alarm bells are ringing loudly with fears of a global recession and spiraling inflation stoking investor fears … Read more