Author Archives: Syndicated Content
As hunger spreads under lockdown, Guatemalans and Salvadorans raise white flag
By Sofia Menchu and Nelson Renteria GUATEMALA CITY/SAN SALVADOR (Reuters) - Strict coronavirus lockdowns in Guatemala and El Salvador have so battered local economies that hundreds of families are fly...
May 21, 2020
Russia’s April industrial output fell 6.6% year-on-year as lockdown took hold
By Andrey Ostroukh MOSCOW (Reuters) - Russia's industrial output shrank 6.6% in April, the first full month of a lockdown due to COVID-19, driven by a drop in the manufacturing sector, data showed on ...
May 21, 2020
Measuring Brazil’s historic selloff of U.S. Treasuries in March
By Jamie McGeever BRASILIA (Reuters) - Brazil sold a record $21.5 billion of U.S. Treasuries in March as it battled a stampede of foreign investors out of its markets and a subsequent plunge in the ex...
May 21, 2020
Yield curve control a ‘natural complement’ to some possible Fed tools, Clarida says
WASHINGTON (Reuters) - Yield curve control is a "natural complement" to some other tools the Federal Reserve might use to manage long-term interest rates, Fed Vice Chair Richard Clarida said on Thursd...
May 21, 2020
Facebook’s Zuckerberg embraces more permanent remote work
SAN FRANCISCO (Reuters) - Facebook Inc will shift toward more permanently embracing remote work even after coronavirus lockdowns ease, Chief Executive Mark Zuckerberg told employees in a publicly broa...
May 21, 2020
Bolsonaro will ‘soon’ sign coronavirus aid deal but wants public pay freeze
By Lisandra Paraguassu BRASILIA (Reuters) - Brazil's President Jair Bolsonaro on Thursday said he would sign off on a federal assistance program for states and cities hit by the coronavirus outbreak "...
May 21, 2020
U.S. CDC reports 1,551,095 coronavirus cases, 93,061 deaths
(Reuters) - The U.S. Centers for Disease Control and Prevention (CDC) on Thursday reported 1,551,095 cases of the new coronavirus, an increase of 22,860 cases from its previous count, and said that th...
May 21, 2020
Americans splurge at Walmart, Target as stimulus checks kick in
By Aishwarya Venugopal (Reuters) - The Trump Administration's coronavirus relief payment provided a fillip to sales of major retailers in April as millions of Americans used the money to buy everythin...
May 21, 2020
Yearly lockdown would be good for planet, says Tsitsipas
(Reuters) - The coronavirus pandemic has stalled young Greek Stefanos Tsitsipas's burgeoning career but he remains philosophical about the current tennis shutdown. The world number six would have been...
May 21, 2020
Kudlow says no need for more unemployment aid even as election looms
(Reuters) - U.S. White House economic adviser Larry Kudlow on Thursday dismissed the idea of extending unemployment benefits even as he acknowledged that nation's unemployment rate could still be in d...
May 21, 2020
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