Italy’s economy seen growing 4.1% this year, business lobby says

© Reuters. Outbreak of the coronavirus disease (COVID-19) in Rome ROME (Reuters) – Italy’s virus-hit economy is expected to grow 4.1% this year and 4.2% in 2022 in an “uncertain ascent from the abyss”, the country’s business lobby Confindustria said on Saturday. The Italian economy shrank by a post-war record of 8.9% last year, and […]

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Mexico farm lobby blasts ban on GMO corn; organic growers welcome it

© Reuters. FILE PHOTO: A farmer holds different types of corn cobs in Otzolotepec By Laura Gottesdiener MONTERREY, Mexico (Reuters) – Mexico’s main agricultural lobby on Saturday criticized the government’s decision to ban genetically modified corn, while organic growers hailed the move that should protect smaller farmers. Mexico will “revoke and refrain from granting permits […]

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Lobby calls on EU for extra capital easing to help banks lend more

© Reuters. FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels By Huw Jones LONDON (Reuters) – A banking lobby group called on Tuesday for the European Union to further soften a capital measure to ensure banks do not run out of headroom to help companies hit by the coronavirus crisis. […]

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