No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says
Bessent says inflation due to services economy, not tariffs Treasury secretary says Republicans should end filibuster in event…
Moody’s affirms UK’s Aa3 rating ahead of budget
Nov 21 (Reuters) – Global ratings agency Moody’s affirmed the United Kingdom’s Aa3 rating on Friday, citing the…
Italy’s light touch on inheritance tax comes at a cost, economists say
Italy’s inheritance tax far below that of main partners Higher revenue could be used to help growth, analysts…
Fitch retains Ukraine’s sovereign rating at ‘restricted default’
Nov 14 (Reuters) – Global ratings agency Fitch affirmed Ukraine’s long-term foreign currency sovereign credit rating at “restricted…
China to strengthen fiscal policy, finance minister says in Xinhua interview
BEIJING/SHANGHAI, Nov 15 (Reuters) – China will strengthen fiscal policy over the next five years, said the country’s…
UK’s commitment to fiscal rules crucial for credit rating, Fitch says
LONDON, Nov 14 (Reuters) – The UK government’s commitment to its own fiscal rules to balance the budget…
Senegal will pay debts, committed to IMF talks, says finance ministry
Debt concerns rise in sub-Saharan Africa Political tensions could complicate Senegal’s IMF negotiations Senegal’s debt-to-GDP ratio surpasses 130%…
IMF approves fresh, smaller $24 billion credit line for Mexico
Nov 14 (Reuters) – The International Monetary Fund on Friday said its executive board had approved a new…
S&P upgrades South Africa for first time in nearly 20 years as reforms gain traction
Nov 14 (Reuters) – South Africa on Friday secured its first credit rating upgrade in nearly 20 years…
French lawmakers vote to approve suspension of unpopular pension reform
French lawmakers poised to approve pension reform suspension France struggling to rein in budget deficit Pension freeze gives…
Clash over healthcare subsidies threatens to reshape 2026 midterms
BECKLEY, West Virginia, Nov 14 (Reuters) – For Larry Jackson, a Donald Trump-backing Republican hoping to unseat his…
Egypt’s consumer price inflation accelerates to 12.5% in October
Nov 10 (Reuters) – Egypt’s annual urban consumer price inflation rose more than expected to 12.5% in October,…