Bond sell-off worst since 1949, Bank of America says

Bond sell-off worst since 1949, Bank of America says

A Bank of America logo is pictured in the Manhattan borough of New York City, New York, US, January 30, 2019. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 23 (Reuters) – Global government bond losses are on course for the worst year since 1949 and investor sentiment has plummeted … Read more

Facing calls to resign, World Bank’s Malpass changes answer on climate crisis

Facing calls to resign, World Bank’s Malpass changes answer on climate crisis

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 22 (Reuters) – Under pressure to resign for declining to say whether he accepts the scientific consensus on global warming, World Bank President David Malpass said on Thursday it was clear greenhouse emissions are causing climate change and defended his record as bank chief … Read more

Once-bitten markets are ignoring Putin’s warnings again at their own peril

Once-bitten markets are ignoring Putin’s warnings again at their own peril

Russian President Vladimir Putin delivers a speech during an event marking the 100th foundation anniversary of the republics of Adygea, Kabardino-Balkaria and Karachay-Cherkessia in Moscow, Russia, September 20, 2022. Sputnik/Grigory Sysoev/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 21 (Reuters) – Earlier this year, markets were complacent as Russia … Read more

Trump may be called to testify at ally’s foreign agent trial, judge says

Trump may be called to testify at ally’s foreign agent trial, judge says

Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 19 (Reuters) – Former President Donald Trump may be called as a witness at the criminal trial of Thomas Barrack, a private equity investor and former Trump fundraiser charged with acting as an unregistered agent for the United Arab Emirates, a US judge … Read more

Bank holdups snowball in Lebanon as depositors demand their own money

Bank holdups snowball in Lebanon as depositors demand their own money

Register now for FREE unlimited access to Reuters.com Register Five more depositors hold up banks to access their money Depositors cash out $60,000, only some in custody Banks announced three-day closure over security concerns Frustration over frozen savings, spiraling crisis BEIRUT, Sept 16 (Reuters) – Five Lebanese banks were held up by depositors seeking access … Read more

Germany, EU race to fix energy crisis

Germany, EU race to fix energy crisis

Register now for FREE unlimited access to Reuters.com Register Germany plans to expand lending to energy firms EU securities watchdog mulling EU-wide measures Commission to announce broader plans on Wednesday BERLIN/FRANKFURT, Sept 13 (Reuters) – Germany will step up lending to energy firms at risk of being crushed by soaring gas prices, it said Tuesday, … Read more

EXCLUSIVE Chinese defense firm has taken over lifting Venezuelan oil for debt offset -sources

EXCLUSIVE Chinese defense firm has taken over lifting Venezuelan oil for debt offset -sources

SINGAPORE/HOUSTON, Aug 26 (Reuters) – China has entrusted a defence-focussed state firm to ship millions of barrels of Venezuelan oil despite US sanctions, part of a deal to offset Caracas’ billions of dollars of debt to Beijing, according to three sources and tanker tracking data. China National Petroleum Corp (CNPC) stopped carrying Venezuelan oil in … Read more

Sept. 11 victims not entitled to sixteen Afghan central bank assets -US judge

Sept. 11 victims not entitled to sixteen Afghan central bank assets -US judge

People pay respect for the victims at a memorial while the Tribute in Light art installation and the One World Trade Center are seen in the background on the 20th anniversary of the September 11, 2001 attacks in New York City, as it is seen from Exchange Place , New Jersey, US, September 11, 2021. … Read more

Musk approaches brain chip startup Synchron about deal amid Neuralink delays

Musk approaches brain chip startup Synchron about deal amid Neuralink delays

Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. REUTERS/Michele Tantussi Register now for FREE unlimited access to Reuters.com Register Aug 19 (Reuters) – Elon Musk has approached brain chip implant developer Synchron Inc about a potential investment as his own … Read more

Greece’s exit from enhanced EU scrutiny ends 12 years of pain, prime minister says

Greece’s exit from enhanced EU scrutiny ends 12 years of pain, prime minister says

Greek Prime Minister Kyriakos Mitsotakis attends a NATO summit in Madrid, Spain June 30, 2022. REUTERS/Susana Vera/File Photo Register now for FREE unlimited access to Reuters.com Register ATHENS, Aug 20 (Reuters) – Greece’s exit on Saturday from the European Union’s so-called enhanced surveillance framework for its economy ends 12 years of pain and allows the … Read more