Colombia’s Petro Names Ocampo Finance Minister in Nod to Market
Colombian President-elect Gustavo Petro named Jose Antonio Ocampo as finance minister in a move that should help ease concerns among
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Global Finance
Europe must give developing nations alternative to Chinese funds, Von Der Leyen says
Europe will mobilize 300 billion euros in private and public funds over five years to fund infrastructure in developing countries
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Sri Lanka’s Economy Has ‘Collapsed,’ Prime Minister Says
Sri Lanka’s economy has “completely collapsed” and an agreement with the International Monetary Fund is the only path to revival,
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Ghana development bank aims to lend $600 million to small firms over 1-2 years
A new Ghanaian government-owned development bank aims to lend $600 million to small businesses over the next one to two
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China bank protest stopped by health codes turning red, depositors say
A protest planned by hundreds of bank depositors in central China seeking access to their frozen funds has been thwarted
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U.S. gas prices average hits $5 as summer of pain sets in
Gas prices topped $5 a gallon nationwide as of Saturday, according to the latest price data from AAA, and the
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Participants at sixth GITFiC conference call for harmonisation of dispute resolution mechanisms
Participants at the just-ended 6th conference of the Ghana International Trade and Finance Conference (GITFIC) have called for the institution
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Bank of Canada Sees Higher Odds of Rates Over ‘Neutral’ 3% Range
The Bank of Canada indicated that persistent price pressures are making it more likely policymakers will need to raise borrowing
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EU Commission approval for Polish recovery plan “in days or a week” – Dombrovskis
Poland and the European Commission are finalising work on changes to the Polish recovery plan that would enable commission approval
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One in five UK civil servants to be laid off – Jacob Rees-Mogg.
Tens of thousands of the United Kingdom’s civil servants are set to lose their jobs under new cost-cutting measures planned
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Swiss release some frozen Russian assets
The Swiss government on Thursday reported 6.3 billion Swiss francs ($6.33 billion) worth of Russian assets frozen under sanctions to
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Bitcoin Snaps 5-Day Slide After Briefly Crashing Below $30,000
Bitcoin rebounded from a swoon below $30,000 as a selloff in stocks eased and a bout of calm washed across
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Fraport to compensate rising inflation with price hikes
Germany’s largest airport operator Fraport said on Tuesday it expects to be able to compensate for rising inflation by passing
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Indonesian president plans to meet Elon Musk over nickel – minister
Indonesian President Joko Widodo is planning to meet Elon Musk during an upcoming U.S. visit, a minister said on Monday,
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Inflation concerns cause US dollar to jump 10% in 6 months
The coronavirus outbreak sparked a global price boom, which was fueled even more by Russia’s invasion of Ukraine. As a
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