Sunak and Yellen discuss possible new allocation of SDRs: UK treasury

© Reuters. FILE PHOTO: Rishi Sunak hosts a press conference in Downing Street (Reuters) – British finance minister Rishi Sunak and U.S. Treasury Secretary Janet Yellen spoke on the phone on Monday to discuss a possible new allocation of Special Drawing Rights (SDRs), the UK treasury department said in a statement. Both agreed that a […]

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Sudan says it will discuss trade, migration deals with Israel

2/2 © Reuters. Sudanese migrants in south Tel Aviv, Israel 2/2 By Khalid Abdelaziz and Dan Williams (NYSE:) KHARTOUM/JERUSALEM (Reuters) – Sudan and Israel will discuss agreements to cooperate on trade and migration issues in the coming weeks, the Sudanese foreign ministry said on Sunday, signalling steps to implement a normalisation pact after decades of […]

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Forex – Euro Hits 4-Month High; EU Leaders Set to Discuss Recovery Fund

© Reuters. By Peter Nurse Investing.com – The euro has been in demand in early European trade Wednesday, hitting a four-month high after Federal Reserve Governor Lael Brainard hinted at a need for an even easier monetary policy in the U.S. The dollar also suffered more broadly from a rise in risk appetite after positive […]

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Spanish PM Sanchez to discuss EU recovery fund with Germany’s Merkel

© Reuters. The G5 Sahel summit in Nouakchott MADRID (Reuters) – Spanish Prime Minister Pedro Sanchez will meet with German Chancellor Angela Merkel ahead of a July 17-18 summit to discuss a planned European Union recovery fund, government spokeswoman Maria Jesus Montero said on Tuesday. “Spain’s future is at stake in the coming days,” Montero […]

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Renault board to meet, discuss coronavirus crisis: sources

© Reuters. PARIS (Reuters) – The board of French carmaker Renault (PA:) will meet on Friday to discuss the coronavirus outbreak and its effect on operations, three sources close to the company said. The health crisis has hit auto firms and their suppliers hard, and Renault has now suspended industrial activity in France and Spain […]

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EU finance ministers to discuss role for rescue fund’s fiscal bazooka against virus

© Reuters. EU finance ministers to discuss role for rescue fund’s fiscal bazooka against virus By Francesco Guarascio and Jan Strupczewski BRUSSELS (Reuters) – Euro zone finance ministers will discuss on Monday the possible use of an EU emergency fund worth more than 400 billion euros ($ 447.6 billion) to tackle the economic crisis caused […]

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Exclusive: ECB to discuss closing door to extra stimulus next week – sources

© Reuters. The headquarters of the European Central Bank (ECB) (R) is seen next to the famous skyline in Frankfurt By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – European Central Bank policymakers are set to take a more benign view of the economy when they meet on June 8 and will even discuss dropping […]

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