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Analysis – Weak pound and forceful Fed pressure Bank of England to act big
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A full plate: Investing in food security
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Italian govt faces turbulence after key parties fail in local vote
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Weekly economic update: Doom and Gloom
Euro zone spreads hit fresh highs amid rising yields
Date: June 14, 2022
By Stefano Rebaudo MILAN (Reuters) – Euro zone government bond yields hit fresh multi-year highs on Tuesday while spreads between core and periphery widened amid concerns about accelerated central bank monetary tightening. Yield spreads have been widening since Thursday’s European Central Bank policy meeting when the bank flagged interest rate hikes to contain high inflation...
EU banking union ‘not dead, just napping’, says EU official
Date: June 14, 2022
By Huw Jones LONDON (Reuters) – The European Union’s decade-old push to complete a unified banking market is set to hit the buffers again but is “not dead, just napping”, an official from the bloc said on Tuesday. Plans for a banking union were launched in 2012 to create a single system for regulating top...
Analysis-Europe fills up on gas but race to replace Russia far from over
Date: June 14, 2022
By Susanna Twidale LONDON (Reuters) – Even if Europe can fill its gas storage, Europe faces a perilous winter and governments will need to keep rationing plans to hand as they race to secure more liquefied natural gas (LNG) to keep pace with a rapid shift away from reliance on Russian fuel. For European households,...
EU signs deal with Bavarian Nordic for supply of 110,000 monkeypox vaccines
Date: June 14, 2022
BRUSSELS (Reuters) -The European Union signed on Tuesday an agreement with Bavarian Nordic for the supply of about 110,000 doses of vaccines against monkeypox, the EU Commission and the company said. The vaccines will be bought with EU funds and delivered to EU states, EU health commissioner Stella Kyriakides said. Doses are to be delivered...
Countries mull delaying new EU carbon market in search of climate deal
Date: June 14, 2022
By Kate Abnett BRUSSELS (Reuters) – European Union countries are considering a one-year delay to the launch of a new European carbon market for buildings and transport, pushing back the start to 2027, as they seek a compromise on more ambitious climate policies, draft documents show. As the 27-country EU seeks to meet tougher emissions-cutting...
Korean pop band BTS taking hiatus to work on solo projects
Date: June 14, 2022
(Reuters) – BTS, the South Korean band that spearheaded a global K-pop craze, is taking a hiatus as a group to work on solo projects, members announced on Tuesday. Band member RM, speaking at the annual FESTA dinner that celebrates the group’s founding, said he had been feeling a need to explore his own work...