By Tarek Amara TUNIS (Reuters) -Tunisia’s President Kais Saied gave his clearest rejection yet of the terms of a stalled $1.9 billion IMF bailout package when he said on Thursday he would not accept “diktats” and suggested that subsidy cuts could lead to unrest. Tunisia reached a staff-level agreement with the IMF for the loan …
Tunisia president rejects IMF ‘diktats’, casting doubt on bailout Read More »
CAIRO (Reuters) – Egypt’s headline inflation rate is set to hit an all-time high in March, a Reuters poll showed on Thursday, following a continued shortage of foreign currency after more than a year of devaluations of the Egyptian pound. The median forecast of 13 analysts polled showed annual urban consumer inflation rising to 33.6% …
Egypt inflation seen hitting all-time high in March – Reuters poll Read More »
WASHINGTON (Reuters) – The World Bank on Thursday lifted its 2023 economic growth forecast for eastern Europe and central Asia to 1.4% from an earlier 0.1% prediction, citing improved outlooks for both Russia and Ukraine despite their ongoing war. The regional forecast, released just days before the World Bank and International Monetary Fund hold their …
World Bank says Ukraine, Russia boost eastern Europe, Central Asia growth outlook Read More »
(Reuters) – Inflation is likely to remain stubbornly persistent and will require the Federal Reserve to keep to the task of getting inflation back down to its 2% goal, St. Louis Fed President James Bullard said on Thursday. “We’ve got a long ways to go and I think inflation is going to be sticky going …
Fed’s Bullard says he sees inflation remaining “sticky” Read More »
By Brendan Pierson (Reuters) -A Planned Parenthood affiliate and two doctors on Wednesday filed a lawsuit seeking to block Idaho authorities from punishing healthcare providers for referring patients to get abortions in other states. Idaho Attorney General Raul Labrador, a Republican, said in a legal opinion last week that the state’s near-total abortion ban, enacted …
Planned Parenthood sues to block Idaho ban on out-of-state abortion referrals Read More »
WASHINGTON (Reuters) – CIA Director William Burns visited Saudi Arabia for talks with intelligence counterparts and national leaders “on issues of shared interests,” a U.S. official said on Thursday. “The director reinforced our commitment to intelligence cooperation, especially in the areas of counterterrorism,” the official said. Burns’ visit was first reported by the Washington Post. …
CIA’s Burns reaffirmed intelligence cooperation on Saudi Arabia visit – U.S. official Read More »
By Giuseppe Fonte ROME (Reuters) -Italy’s government plans to cut its 2024 economic growth forecast, people familiar with the matter said, as it weighs the negative impact of rising interest rates and difficulties in spending EU post-COVID recovery funds. Rome will publish new estimates next week for this year and next in its Economic and …
Italy to cut 2024 growth view amid ECB rate hikes, EU fund delays Read More »
By Granth Vanaik (Reuters) – Levi Strauss & Co on Thursday warned of a margin crunch this year as it would have to offer higher promotions than previously anticipated while also grappling with higher costs, sending its shares tumbling 16% in morning trade. The company, which topped quarterly results estimates but maintained its annual revenue …
Levi Strauss warns of margin decline in 2023 as promotions, costs bite Read More »
By Elvira Pollina MILAN (Reuters) -Former Italian Prime Minister Silvio Berlusconi has been suffering from chronic blood cancer for some time and is currently in intensive care for a lung infection, his doctors said on Thursday. The 86-year-old, whose media empire has made him a billionaire, was rushed to the intensive care unit of Milan’s …
Former Italy PM Berlusconi in intensive care with leukaemia, lung infection Read More »
(Reuters) -Utility firms Dominion Energy and National Grid Plc are separately considering a potential sale of parts of their natural gas pipeline networks, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Dominion is mulling a sale of its gas-distribution companies serving North Carolina, Ohio and parts of the Western U.S., …
Dominion Energy, National Grid pursuing pipeline sales – WSJ Read More »
