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

Canada’s real problem is not job losses, it’s the rush to retire

Canada’s real problem is not job losses, it’s the rush to retire

Register now for FREE unlimited access to Reuters.com Register OTTAWA, Sept 11 (Reuters) – More than a year after the Great Resignation took hold in the United States, Canada is grappling with its own grayer version: The Great Retirement. Canada’s labor force grew in August, but it fell the previous two months and remains smaller … Read more

Gold Bull Peter Schiff Warns That This Recession Is Just Getting Started

Gold Bull Peter Schiff Warns That This Recession Is Just Getting Started

GDP fell 0.9% in the second quarter. This followed on the heels of a -1.6 GDP print in Q1. Back-to-back contractions in GDP have historically been defined as a recession, but the Biden administration and their apologists insist we aren’t in a recession. Peter Schiff appeared on the Megyn Kelly show to talk about the … Read more

Could Canada follow the US’s economic decline? Here’s what experts say – National

Could Canada follow the US’s economic decline?  Here’s what experts say – National

Call it a tale of two economies: the latest figures from Statistics Canada on Friday show economic growth in the country slowed but likely avoided a decline through the first half of the year, just as the United States reported its second consecutive quarter of contraction a day earlier. The economies of the two North … Read more

Explainer: Blood, treasure and chaos: the cost of Russia’s war in Ukraine

Explainer: Blood, treasure and chaos: the cost of Russia’s war in Ukraine

A rescuer walks among debris at a site of a residential area destroyed by a Russian military strike, as Russia’s attack on Ukraine continues, in the town of Toretsk, Donetsk region, Ukraine July 27, 2022. Press service of the State Emergency Service of Ukraine /Handout via REUTERS Register now for FREE unlimited access to Reuters.com … Read more

Fed to stick to 75 bps hike in July; 40% chance of recession

Fed to stick to 75 bps hike in July;  40% chance of recession

The Federal Reserve building in Washington September 1, 2015. REUTERS/Kevin Lamarque/File Photo Register now for FREE unlimited access to Reuters.com Register BENGALURU, July 21 (Reuters) – The US Federal Reserve will opt for another 75 basis point rate hike rather than a larger move at its meeting next week to quell stubbornly-high inflation as the … Read more

Putin: West cannot isolate Russia and send it back in time

Putin: West cannot isolate Russia and send it back in time

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, July 18 (Reuters) – Russian President Vladimir Putin said on Monday that it was impossible to cut Russia off from the rest of the world, and that sanctions imposed by Western countries would not turn the clock … Read more

Canada would need to spend $75B more over half a decade to reach NATO defense spending target, report says

Canada would need to spend B more over half a decade to reach NATO defense spending target, report says

Canadian troops of the Forward Presence battle group attend a meeting with Defense Minister Anita Anand in Adazi, Latvia, Feb. 3, 2022.INTS KALNINS/Reuters Canada has fallen so short of its NATO commitment to devote 2 per cent of annual economic output to military spending that it would cost $75-billion over the next half-decade to catch … Read more

Not Even $100 Oil Can Rescue Colombia’s Ailing Oil Industry

Not Even 0 Oil Can Rescue Colombia’s Ailing Oil Industry

The COVID-19 pandemic hit Latin America particularly hard. Some countries in the region, aside from experiencing high mortality rates and case counts, saw their fiscally vulnerable economies and extractive industries devastated by the fallout from the disease. Colombia’s oil-dependent economy and hydrocarbon sector were heavily hit. Not only did the strife-torn country’s gross domestic contract … Read more

Morning Bid: Something’s off | Reuters

Morning Bid: Something’s off |  Reuters

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, US, October 26, 2020. REUTERS/Mike Segar/File Photo Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Julien Ponthus. It’s the final day of trading … Read more