ISTANBUL (Reuters) – Turkey’s ruling AK Party is preparing a draft law to let people and companies restructure debt to…
On debt ceiling, White House bets Republicans will blink under pressure
By Trevor Hunnicutt WASHINGTON (Reuters) – The White House is refusing to negotiate with hardline Republicans on raising the debt…
Turkey presses strained retailers for price freezes ahead of elections
By Ceyda Caglayan and Can Sezer ISTANBUL (Reuters) – Turkey’s unusual request that its retailers partially freeze prices ahead of…
Analysis-Turkey and its markets head for election crossroads
By Jonathan Spicer, Marc Jones and Canan Sevgili ISTANBUL/LONDON – Turks beset for years by soaring inflation and currency crashes…
House Speaker says Democrats should cap spending to avoid U.S. debt default
WASHINGTON (Reuters) – House of Representatives Speaker Kevin McCarthy said on Sunday he believes Democrats would agree to cap government…
Russia may hike taxes as military spending, oil price weigh on budget
By Darya Korsunskaya MOSCOW (Reuters) -Russia is becoming too dependent on oil revenues to support its budget as it ramps…
Fed adds to diversity on bank board leadership
By Ann Saphir (Reuters) – The Federal Reserve on Tuesday added to the diversity of its regional Fed bank board…
Brazilian equities higher in volatile trade after capital stormed
By Gabriel Araujo and Karin Strohecker SAO PAULO/LONDON (Reuters) -Brazilian equities were higher in choppy trade on Monday, a day…
Brazil markets tumble on Lula’s first full day in office
By Anthony Boadle BRASILIA (Reuters) -Brazilian markets delivered a withering verdict on leftist President Luiz Inacio Lula da Silva’s first…
Bulgaria expects fiscal deficit of 1% of GDP for 2022
SOFIA (Reuters) – Bulgaria expects to end 2022 with a fiscal deficit of 1.5 billion levs ($821.11 million), equal to…