Column: Wall Street Thanks, Year-End Eyes Wash: MacGyver

ORLANDO, Fla., Nov. 25 (Reuters) – With Wall Street reopening after the Thanksgiving holiday, investors are looking for one last push to ensure that 2022 ends with only doom and not the bloodbath most fear. Since hitting a two-year low in October, the S&P 500 has rebounded 15% despite higher interest rates, the Fed’s tightening … Read more

The Italian government approves the 2023 budget of 35 billion euros to boost the economy

The budget finds more than 21 billion euros to tame energy bills Additional energy company profits are taxed at 35%. Includes amnesty for tax arrears, lowering the retirement age Relaunching a bridge project linking Sicily with the mainland ROME (Reuters) – Italy’s new right-wing government approved its first budget on Tuesday, a package focused on … Read more

Retail sales in the United States are rising strongly. Raised GDP estimates for the fourth quarter

Retail sales rose 1.3% in October Core retail sales rose 0.7%; September Sales Review Import prices fell for the fourth month in a row industrial production rose 0.1%; Previous months revised down WASHINGTON (Reuters) – U.S. retail sales increased more than expected in October as households stepped up purchases of cars and a range of … Read more

Trump’s 2024 presidential bid was a new wrinkle for the markets

NEW YORK (Reuters) – Former President Donald Trump’s entry into the 2024 presidential race on Tuesday confirmed the world’s “worst-kept secrets” and created another variable for markets that some investors say remains a low priority for now. Trump, who has launched relentless attacks on voting integrity in the United States since his defeat in the … Read more

Biden and Xi clash over Taiwan in Bali but Cold War concerns are tepid

Biden and Xi meet for 3 hours before the G20 Both leaders stress the need to get relations back on track Indonesia seeks partnerships on the global economy in the G20 Ukraine’s President Zelensky addresses the G20 on Tuesday NUSA DUA, Indonesia, Nov. 14 (Reuters) – U.S. President Joe Biden and Chinese President Xi Jinping … Read more

Lula’s honeymoon ends with Brazilian markets amid concerns over spending plan

BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva’s short honeymoon with financial markets appeared to be over on Thursday, as he sought to create more room to increase social spending without setting long-term fiscal rules or naming top economic policy makers. . Brazil’s currency and the Bovespa stock exchange benchmark (.BVSP)Which rose last … Read more

Stocks fall, the dollar strengthens as markets await US inflation data Focus on US inflation for signs of slowing Fed hikes Dollar Corporation, Cryptocurrencies Are Raising Fears of Spread Mainland China and Hong Kong stocks affected by rise in COVID cases European market stability SYDNEY/LONDON (Reuters) – Stocks fell slightly and the dollar rose on Thursday, before US inflation data will weigh on the Federal … Read more

Exclusive: China cancels EU leader’s video speech at opening of major trade fair

BEIJING/BRUSSELS (Reuters) – The Chinese authorities behind a major trade fair in Shanghai have withdrawn an opening speech by the president of the European Council that was due to criticize Russia’s “illegal war” in Ukraine and call for a reduction in the European Union’s trade dependency with China. Diplomats said. Three European diplomats told Reuters … Read more

Ukraine says Russian forces loot and occupy Kherson homes before battle

Power outage in the main city of Kyiv aims to regain control of it Ukraine claims Russian looting in occupied Kherson Russia reinforced the Kherson region before the battle Moscow denies heavy losses to the unit after a protest speech Ukraine: You can talk to the future Russian leader, not Putin Kyiv (Reuters) – Ukraine … Read more

From Russia with Money: Georgia thrives as Russians flee Putin’s war

At least 112,000 Russians are moving to neighboring Georgia Georgia is set to become one of the fastest growing economies Some locals are priced out of housing and education The economy could face a hard landing if the newcomers leave TBILISI (Reuters) – As war chokes Europe, a small country trapped under Russia is enjoying … Read more