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CORRECTED-Brazil's Bolsonaro undergoes surgery after being hospitalized
April 13 - Former Brazilian President Jair Bolsonaro is undergoing surgery on Sunday, his fifth since being stabbed in the stomach while campaigning in 2018, his medical team said in a statement.The procedure started at 8:30 a.m. and is expected to last six hours.Bolsonaro, 70, was hospitalized on F...Reuters
49 minutes ago
INSIGHT-How China went from courting Trump to ‘never yield’ tariff defiance
After unsuccessfully courting Trump, Beijing takes hardline stance on tradeChina orders foreign affairs and commerce officials to cancel vacationsTrump says China has panickedChina tried to rally international support against tariffs BEIJING/WASHINGTON, April 13 (Reuters) - China has put civilian...Reuters
6 hours ago
That seat will cost how much? US businesses already seeing impact of Trump tariffs
US businesses face rising costs due to Trump's tariffsCompanies cancel orders, delay hiring amid tariff uncertaintyOne business contacted by Reuters has sued US government over tariffs By Brad Brooks, Rich McKay BOULDER, Colorado, April 12 (Reuters) - A toy store manager hit with daily price ...Reuters
Sat, Apr 12
Argentina and the IMF: a troubled history
Argentina has secured a new $20-billion IMF loan programDeal number 23 is designed to help stabilize economyIMF unpopular in Argentina, its biggest debtorBy Lucinda Elliott April 11 (Reuters) - In December 1958, Argentina, battling inflation and weak reserves, agreed a $75-million loan with the I...Reuters
Sat, Apr 12
What Samsung and Vietnam stand to lose in Trump's tariff war
Samsung would face significant hit from US tariffs on VietnamSamsung may adjust production to mitigate impact, sources sayVietnam seeking to negotiate with US over trade, tariffsManufacturers already faced labour, tax challenges in VietnamBy Heekyong Yang, Hyunjoo Jin, Francesco Guarascio SEOUL/H...Reuters
Sat, Apr 12
World Bank announces $12 billion support package for Argentina
April 11 (Reuters) - The World Bank on Friday announced a $12 billion support package for Argentina to support economic reforms and boost government measures to promote job creation.The support package for Argentina signals "a strong vote of confidence in the government’s efforts to stabilize an...Reuters
Sat, Apr 12
Banxico minutes signal more easing ahead as economy slows
On Thursday, April 10, Banco de Mexico (Banxico) released its latest meeting minutes, in which all board members stated that the Mexican economy is slowing down amid an evolving disinflation process, which paves the way for further easing.
Fxstreet
Fri, Apr 11
Former Brazil President Bolsonaro hospitalized with abdominal pain
April 11 (Reuters) - Former President Jair Bolsonaro was stable and without symptoms after being hospitalized earlier on Friday in northeast Brazil with abdominal pain, forcing him to break off a regional tour aimed at drumming up political support.The former president interrupted a political event ...Reuters
Fri, Apr 11
Mexican Peso ends week strong as USD plunges on China tariff retaliation
The Mexican Peso ends the week on a higher note as the Greenback weakens across the board. The China-US trade war escalated, with China retaliating against US President Trump’s latest tariffs announcement. The USD/MXN trades at 20.27, down 0.72%.Fxstreet
Fri, Apr 11
Turkey sees oil price under $65 having lowering impact on inflation, Simsek says
By Can Sezer ISTANBUL, April 10 (Reuters) - Finance Minister Mehmet Simsek said on Thursday that if oil prices continue to be below $65 a barrel, it will lower year-end inflation by 1 to 1.6 points this year.Responding to a Reuters question on the impact of a fall in oil prices following recent g...Reuters
Fri, Apr 11
WRAPUP 2-Jump in US inflation expectations, market jitters heighten Fed's dilemma
One-year consumer inflation expectations at highest level since 1981Rising yields, falling dollar could turn investors away from US assetsMassive uncertainty confronting US economyKashkari says Fed can smooth dislocations, but cannot dictate where long rates settleBy Howard Schneider WASHINGTON, ...Reuters
Fri, Apr 11
Fed should 'lean against' persistent tariff-driven inflation, Musalem says
April 11 (Reuters) - St. Louis Federal Reserve President Alberto Musalem said on Friday he's closely watching whether a rise in short-term inflation expectations seeps into longer-term expectations, a development that could make fighting inflation a much harder job and reduce the U.S. central ba...Reuters
Fri, Apr 11
TREASURIES-Benchmark US yield sees biggest weekly rise in decades on tariff turmoil
10-year yields sees biggest weekly increase since 200130-year yields post largest weekly gain since 1987Traders remain cautious after volatile week By Karen Brettell April 11 (Reuters) - Benchmark U.S. 10-year Treasury yields posted their biggest weekly increase in more than two decades on Friday...Reuters
Fri, Apr 11
Peru economy to face moderate impact from US tariffs, central bank says
US tariffs impact 70% of Peru's exports, says central bank economistEnergy and critical minerals exports exempt from US tariffsPeru's economy grew 4% in Q1, central bank maintains low interest rateBy Marco Aquino and Natalia Siniawski LIMA, April 11 (Reuters) - Newly implemented U.S. tari...Reuters
Fri, Apr 11