Analysis: As economy wilts, Argentina’s Massa seeks to sow hope with farm chiefs

Analysis: As economy wilts, Argentina’s Massa seeks to sow hope with farm chiefs

Argentina’s new Economy Minister Sergio Massa talks to the media after being sworn in, at the Economy Ministry in Buenos Aires, Argentina, August 3, 2022. REUTERS/Matias Baglietto/File Photo Register now for FREE unlimited access to Reuters.com Register BUENOS AIRES, Aug 16 (Reuters) – The “superminister” tasked with rescuing Argentina’s crisis-racked economy needs cash now, and … Read more

Indonesia’s 2022 energy subsidies may rise, 2023 bill may shrink, finance minister says

Indonesia’s 2022 energy subsidies may rise, 2023 bill may shrink, finance minister says

Indonesia’s Finance Minister Sri Mulyani Indrawati speaks at an opening for High Level Seminar, Strengthening Global Collaboration for Tackling Food and Insecurity, during the G20 Finance Ministers and Central Bank Governors Meeting in Nusa Dua, Bali, Indonesia, July 15, 2022. Sonny Tumbelaka Register now for FREE unlimited access to Reuters.com Register JAKARTA, Aug 16 (Reuters) … Read more

China unexpectedly cuts key rates as economic data disappoints

A worker welds a bicycle steel rim at a factory manufacturing sports equipment in Hangzhou, Zhejiang province, China September 2, 2019. China Daily via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register Key indicators slowed from June, missed forecasts Youth unemployment hit record high in July Property investment, sales tumble, home price … Read more

EXCLUSIVE Brazil, Paraguay to resume talks on Itaipu energy sale conditions

The new Brazilian director of the Itaipu hydroelectric dam Admiral Anatalicio Risden Junior speaks during his inauguration ceremony at the Itamaraty Palace in Brasilia, Brazil, February 22, 2022. REUTERS/Adriano Machado Register now for FREE unlimited access to Reuters.com Register SAO PAULO, Aug 12 (Reuters) – Brazil and Paraguay will resume negotiations regarding conditions for the … Read more

Colombia to ‘radically diversify’ exports, says new finance minister

Colombia’s incoming Finance Minister Jose Antonio Ocampo reacts during an interview with Reuters, in Bogota, Colombia, August 2, 2022. REUTERS/Vannessa Jimenez/File Photo Register now for FREE unlimited access to Reuters.com Register CARTAGENA, Aug 11 (Reuters) – Colombia will prioritize the diversification of its exports to reduce its dependence on oil, gas and mining and combat … Read more

Indonesia asks Pertamina to limit subsidized fuel sales

An employee at a Total fuel station fills up a motorcycle in south Jakarta February 12, 2015. Picture taken February 12, 2015. REUTERS/Darren Whiteside/File Photo Register now for FREE unlimited access to Reuters.com Register JAKARTA, Aug 11 (Reuters) – Indonesia’s government has asked state energy firm Pertamina (PERTM.UL) to limit its sales of subsidized fuels … Read more

Explainer: Britain and regulators square up over post-Brexit financial reform

LONDON, Aug 11 (Reuters) – Britain’s government proposed a far-reaching financial services law last month to exploit “freedoms” to write its own capital market rules since leaving the European Union. Approval of what is the biggest market reform in two decades is expected by May 2023. Liz Truss, the front-runner to become Britain’s next prime … Read more

US accuses Chinese company of helping ZTE hide business with Iran

A sign of ZTE is seen at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 9 (Reuters) – The US Commerce Department on Tuesday accused Far East Cable, China’s largest wire and cable manufacturer, … Read more

Thai business group sticks by GDP outlook despite inflation risk

2022 GDP growth forecast maintained at 2.75%-3.5% Sees 2022 exports up 6%-8%; foreign tourists at 7-8 mln Expects c.bank to raise rates next week BANGKOK, Aug 3 (Reuters) – Thailand’s economy is still expected to grow 2.75% to 3.5% this year, helped by increased exports, more tourists, and government support, but faces rising inflationary pressures, … Read more

Factbox: Economic sanctions China has imposed on Taiwan over Pelosi visit

US House of Representatives Speaker Nancy Pelosi attends a meeting with Taiwan President Tsai Ing-wen at the presidential office in Taipei, Taiwan August 3, 2022. Taiwan Presidential Office/Handout via REUTERS. Register now for FREE unlimited access to Reuters.com Register BEIJING, Aug 3 (Reuters) – China on Wednesday suspended exports of natural sand to Taiwan and … Read more