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InvestingWall Street Ends Lower as Bond Yields Jump on Growth Concerns
InvestingWall Street Up, Treasuries Surge as Investors Eye Earnings, Global Growth
Top StoriesWorld Bank Says War to Cut Global Growth, Boosts Financing Target
Top StoriesChina Q1 GDP Tops Forecast, but March Weakness Raises Outlook Risks
Greece Lifts Covid Restrictions for Summer Tourism Season
Date: April 13, 2022
ATHENS (Reuters) – Greece said on Wednesday that pandemic restrictions such as mask-wearing indoors and COVID certificates will be lifted throughout the summer tourism period and authorities will consider reinstating them in September. Coronavirus infections in Greece have eased in recent weeks, with authorities recording 15,000 infections and 64 deaths on Tuesday. Out of a...
German Economic Institutes See Sharp Recession if Russian Gas Cut Off
Date: April 13, 2022
BERLIN (Reuters) -Germany would face a sharp recession if gas supplies from Russia are suddenly cut off, the country’s leading economic institutes said on Wednesday, and the government said the war in Ukraine poses “substantial risks” for Europe’s largest economy. A sudden stop in Russian energy supplies – an adverse scenario and not the institutes’...
Poverty, Education Levels Draw Battle Lines in French Election
Date: April 12, 2022
By Leigh Thomas PARIS (Reuters) – As French President Emmanuel Macron and Marine Le Pen head into a presidential run-off on April 24 promising to tackle high inflation, an analysis of first-round voting data shows the far-right challenger with an edge in low-income areas hardest hit by soaring costs. Sensing people’s frustration in the face...
Analysis-Even With Sanctions, Russia Can Afford to Feed Its War Machine
Date: April 12, 2022
By Mark Trevelyan and Jacob Gronholt-Pedersen LONDON (Reuters) – Russia can afford to wage a long war in Ukraine despite being hammered by Western sanctions aimed at crippling its ability to sustain the campaign, defence experts and economists say. Russia’s invasion has driven up the price of the oil, gas and grain it exports, providing...
Gloomy Economic Data Pulls UK Shares Lower
Date: April 11, 2022
By Devik Jain and Sruthi Shankar (Reuters) -British stocks ended lower on Monday as data showed the economy slowed more than expected in February, intensifying worries about a cost-of-living squeeze. Gross domestic product rose by 0.1% in February, missing the 0.3% rise forecast by economists in a Reuters poll and down from a 0.8% increase...
Macron, Le Pen Battle Out on Cost of Living in Heated Runoff Campaign
Date: April 11, 2022
By Michel Rose, Layli Foroudi and John Irish DENAIN, France (Reuters) -Emmanuel Macron and Marine Le Pen traded blows at a distance on Monday over who would best protect French voters’ purchasing power, kicking off a tense fight to win the presidential election runoff on April 24. Macron, a pro-European centrist who became president in...