Author Archives: Syndicated Content
Sri Lanka's economic crisis and debt restructuring efforts
COLOMBO (Reuters) - Sri Lanka's government rejected a proposal from its international bondholders on Tuesday on restructuring the more than $12 billion the country owes to them. It means a near two-ye...
Apr 16, 2024
IMF sees smaller slowdown in Latam, Caribbean region this year
NEW YORK (Reuters) - The International Monetary Fund upgraded its 2024 view for economic output growth in Latin America and the Caribbean to 2.0% from its January estimate of 1.9%, though it still exp...
Apr 16, 2024
Northern Trust profit falls on hit from debt investment sale
(Reuters) - Asset and wealth manager Northern Trust posted a 38% fall in first-quarter profit on Tuesday as a loss on the sale of some debt investments offset gains from higher fee income for servicin...
Apr 16, 2024
Factbox-What options does Israel have to strike back at Iran?
JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu and his immediate war cabinet are considering what action to take following Iran's attack on Saturday. Allies including the United State...
Apr 16, 2024
US committee finds China is subsidizing American fentanyl crisis
By Michael Martina WASHINGTON (Reuters) - China is directly subsidizing production of illicit fentanyl precursors for sale abroad and fueling the U.S. opioid crisis, a U.S. congressional committee sai...
Apr 16, 2024
Sri Lanka fails to agree on restructuring terms with bondholders
COLOMBO (Reuters) - Sri Lanka has failed to strike an agreement on restructuring about $12 billion of debt with its bondholders, the government said on Tuesday, complicating the nation's plans to meet...
Apr 16, 2024
US FDA warns of harmful reactions to fake Botox injections
(Reuters) - The U.S. Food and Drug Administration on Tuesday alerted health care professionals and consumers that unsafe counterfeit versions of AbbVie's Botox were given to consumers for cosmetic pur...
Apr 16, 2024
Canada's inflation rate ticks up to 2.9%, but underlying cooling continues
OTTAWA (Reuters) - Canada's annual inflation rate ticked up to 2.9% in March, as expected, while core inflation measures continued easing for a third consecutive month, data showed on Tuesday. Analyst...
Apr 16, 2024
Canada's annual inflation in March edges up to 2.9%
(Reuters) - Canada's annual inflation rate edged up to 2.9% in March on higher year-over-year prices for gasoline, as well as mortgage interest costs and rent, Statistics Canada said on Tuesday. Analy...
Apr 16, 2024
Russia's agricultural sector largely unscathed by floods, minister says
MOSCOW (Reuters) - The work of Russian agricultural companies has not been significantly disrupted by heavy flooding in several regions, Agriculture Minister Dmitry Patrushev said on Tuesday, easing f...
Apr 16, 2024
