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By Michael S. Derby (Reuters) -Members of the boards of directors overseeing the Chicago and New York Federal Reserve banks voted in favor of lowering by a quarter percentage point…
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By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence rose to a six-month high in August amid optimism over the economic outlook, but Americans are becoming more anxious about the…
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Economy News
Insecurity, rising costs push 31 million Nigerians into acute food shortage, study says
By Isaac Anyaogu LAGOS (Reuters) – More than 31.8 million Nigerians are acutely short of food due to security challenges and the removal of fuel subsidies, the government said on…
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KURCHATOV, Russia (Reuters) – A nuclear plant in western Russia, where fighting is raging between Russian and Ukrainian forces, is especially vulnerable to a serious accident because it lacks a…
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(This Aug. 26 story has been corrected to fix the location of fires to Sao Paulo, not north of Brazil, in paragraph 1) BRASILIA (Reuters) – Four men have been…
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UBS has revised its forecast for the EUR/CHF currency pair, anticipating a slight decline to 0.93 in the second half of 2024. The global economy’s soft landing has been favorable…
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UBS’ latest commentary on the GBP/CHF currency pair indicates expectations for range trading in the near term, with its analysis highlighting the contrasting monetary policies of the Swiss National Bank…
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UBS, on Tuesday, noted a stable outlook on the EUR/GBP rate with a slight downward bias for the pair, attributing the stability to similar monetary policy cycles between the Bank…
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By Saleem Ahmad QUETTA (Reuters) – A Pakistani truck driver, who rescuers initially thought was dead, was recovering on Tuesday after hospital staff receiving bodies realised he was alive despite…