GER Archives - Weblooger

New China bonds will help economic recovery, official says, as budget deficit widens

October 25, 2023 by Christopher

Chinese Yuan notes are seen behind the illuminated chart in this illustration taken on February 10, 2020. REUTERS/Dado Ruvic/Illustration Acquires Licensing Rights BEIJING (Reuters) – China’s new sovereign bonds will help boost economic recovery, Chinese Vice Finance Minister Zhu Zhongming said on Wednesday, as the government’s intensified fiscal stimulus sharply widens the budget deficit. China’s …

Global shock fuels fall in European payments sector

October 25, 2023 by Christopher

US one dollar bills are seen in front of the stock chart displayed in this illustration taken on February 8, 2021. REUTERS/Dado Ruvic/Illustration//File Photo Acquires Licensing Rights Sees organic sales growth in 2023 of 6-7% vs 8-10% before Sees operating margin falling 150 bps versus 100 bps increase before Shares fall up to 60%, hitting …

Oil falls for third consecutive session due to weak European economic data

October 24, 2023 by Christopher

Crude oil storage tanks are seen from above in the Cushing oil hub, appearing to run out of space to contain a historic oversupply that has driven down prices, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford//File Photo Acquire Licensing Rights Economic data from Germany, UK and EU could mean weaker oil demand US dollar …

Argentina voted for crisis, with radical leader highlighted

October 22, 2023 by Christopher

[1/4]A voter votes at a polling station, during Argentina’s presidential election, in Buenos Aires, Argentina, on October 22, 2023. REUTERS/Matias Baglietto acquires licensing rights BUENOS AIRES (Reuters) – Argentines began voting on Sunday in a national election where a far-right libertarian is leading the race, a change in the political landscape due to the consequences …