ECON

Column: Quadruple real rates? Ageing may turn to market headwind

People queue for food in the financial district of Canary Wharf in London, Britain, May 18, 2022. REUTERS/Kevin Coombs Register now for FREE unlimited access to Reuters.com Register LONDON, June 24 (Reuters) – If you were hoping this was all a bad dream, take a deep breath. Many investors craving some return to “normal” from …

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U.S. weighs lifting summer smog rules to lower gasoline prices

U.S. weighs lifting summer smog rules to lower gasoline prices

WASHINGTON, June 23 (Reuters) – US Energy Secretary Jennifer Granholm expressed an interest in potentially lifting smog-fighting gasoline regulations and backed off a plan to ban fuel exports during an emergency meeting on Thursday with top refiners, two sources familiar with the talks said. The two sides entered the meeting with a promise to work …

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Germany triggers gas alarm stage, accuses Russia of 'economic attack'

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke//File Photo Register now for FREE unlimited access to Reuters.com Register West, Russia in energy standoff since Ukraine invasion German minister warns of ‘rocky road’ ahead Minister does not rule out gas rationing Says …

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U.S. refiners to urge White House not to ban fuel exports -sources

U.S. refiners to urge White House not to ban fuel exports -sources

Cargo shipping containers are seen in a storage yard surrounded by petroleum storage tanks and oil refineries in Carson, California, US, March 11, 2022. Picture taken March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan Register now for FREE unlimited access to Reuters.com Register June 22 (Reuters) – US refiners will try to convince …

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U.S. stocks end down slightly after early boost from Powell; oil falls

U.S. stocks end down slightly after early boost from Powell; oil falls

US stocks end down; MSCI global stock index also lower Powell says committed to bringing down inflation Dollar slips NEW YORK, June 22 (Reuters) – Major US stock indexes ended down slightly Wednesday, losingearly gains tied to notes by Federal Reserve Chair Jerome Powell that the US central bank is “strongly committed” to bringing down …

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Philippines steps up inflation fight with food tariff cuts

Malaysia to disburse nearly $400 mln to aid households over food prices

KUALA LUMPUR, June 22 (Reuters) – Malaysia will distribute a total of 1.74 billion ringgit ($395.19 million) in cash aid to low-income households from this month to help them cope with rising living and food costs, the prime minister said on Wednesday . The country may also increase subsides for cooking oil from the planned …

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G20 president Indonesia: Pandemic fund may start June, needs World Bank nod

G20 president Indonesia: Pandemic fund may start June, needs World Bank nod

Indonesia’s Health Minister Budi Gunadi Sadikin talks to a health official during a tuberculosis screening on the sidelines of the G20 “Health Working Group” event in Yogyakarta, Indonesia, March 29, 2022. REUTERS/Stanley Widianto Register now for FREE unlimited access to Reuters.com Register JAKARTA, June 21 (Reuters) – A G20 fund to better prepare for the …

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EU leaders to keep sanction pressure on Russia, gold flagged as new target

EU leaders to keep sanction pressure on Russia, gold flagged as new target

EU leaders to hold summit this week, Ukraine in focus They will commit to work on more sanctions – draft accord Gold, vital asset for Russia cenbank, may be among new targets BRUSSELS, June 21 (Reuters) – European Union leaders aim to maintain pressure on Russia at their summit this week by committing to further …

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Biden says decision on pause on federal gasoline tax could come by end of week

Biden says decision on pause on federal gasoline tax could come by end of week

US President Joe Biden speaks as he hosts the Major Economies Forum on Energy and Climate Change (MEF) in the South Court Auditorium at the White House Complex in Washington, US, June 17, 2022. REUTERS/Evelyn Hockstein Register now for FREE unlimited access to Reuters.com Register REHOBOTH BEACH, Del., June 20 (Reuters) – US President Joe …

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