Author Archives: Syndicated Content
Bank of Canada rate hikes and policy moves
OTTAWA (Reuters) - The Bank of Canada hiked its policy rate to 2.5% on Wednesday from 1.5%, a surprise 100-basis-point move and its largest increase since August 1998. Here is a timeline of policy mov...
Jul 13, 2022
North Korea recognises breakaway of Russia’s proxies in east Ukraine
(Reuters) - North Korea on Wednesday recognised two Russian-backed breakaway "people's republics" in eastern Ukraine as independent states, a separatist leader and a Russian state news agency said. Th...
Jul 13, 2022
Sri Lanka President Rajapaksa set to fly to Singapore via Maldives – government source
COLOMBO (Reuters) - Sri Lankan President Gotabaya Rajapaksa was expected to head to Singapore after fleeing to the Maldives in the early hours of Wednesday, a government source in Sri Lanka told Reute...
Jul 13, 2022
Haiti demonstrators block Port-au-Prince roads to protest fuel shortages
By Harold Isaac and Brian Ellsworth PORT-AU-PRINCE (Reuters) -Haitian protestors blocked roads in the downtown area of the capital of Port-au-Prince on Wednesday, where shots were heard as anger mount...
Jul 13, 2022
Macron’s inflation-relief bill faces narrow path to compromise in parliament
By Elizabeth Pineau and Leigh Thomas PARIS (Reuters) - President Emmanuel Macron's French government, hunting for votes to enact a cost-of-living relief bill after losing its majority in parliament, i...
Jul 13, 2022
Leaders to align Ukraine war crimes cases at Hague meeting
By Anthony Deutsch THE HAGUE (Reuters) - Ukraine's top war crimes prosecutor and judicial authorities from across Europe will meet in The Hague on Thursday to coordinate investigations into atrocities...
Jul 13, 2022
Bank of Canada says recent inflation forecast errors due mainly to global shocks
OTTAWA, July 13 (Reuters)- The Bank of Canada on Wednesday said its consistent underestimation of inflation since the spring of last year has been mostly due to global shocks that drove up commodity a...
Jul 13, 2022
Sri Lankans’ fury turns on Wickremesinghe after president flees
By Uditha Jayasinghe and Alasdair Pal COLOMBO (Reuters) - Ranil Wickremesinghe, who was named acting president of Sri Lanka on Wednesday as its political and economic crisis deepened, is tantalisingly...
Jul 13, 2022
Bank of Canada surprises with 100-bp rate hike as inflation risks gather steam
OTTAWA, July 13 (Reuters)- The Bank of Canada surprised on Wednesday with a full-percentage-point increase to its policy rate, a super-sized hike last seen in 1998, citing "higher and more persistent"...
Jul 13, 2022
Bank of Canada again hikes inflation forecast, eyes slower growth but no recession
OTTAWA, July 13 (Reuters)- The Bank of Canada on Wednesday dramatically upped its near-term inflation forecasts and said there was an increased risk of higher price gains becoming entrenched, as it sl...
Jul 13, 2022
