All News Results

  • Brazil government acknowledges pension bill going nowhere

    • BY Reuters|
    • 05:05 PM ET 02/19/2018

    Brazil's political affairs minister Carlos Marun said on Monday that passage of a bill to overhaul the country's costly social security system has effectively ground to a halt in Congress and would become a campaign issue in this year's election.

  • Brazil gov't acknowledges pension bill going nowhere

    • BY Reuters|
    • 05:02 PM ET 02/19/2018

    Brazil's political affairs minister Carlos Marun said on Monday that passage of a bill to overhaul the country's costly social security system has effectively ground to a halt in Congress and would become a campaign issue in this year's election.

  • NEWSMAKER-More banker than politician? De Guindos faces ECB litmus test

    • BY Reuters|
    • 04:55 PM ET 02/19/2018

    Widely credited with steering Spain through its worst recession in decades, its outgoing Economy Minister Luis de Guindos will hope to bring pragmatism and tenacity to the European Central Bank when he takes over as vice president in June.

  • Brazilian minister says pension reform bill halted in Congress

    • BY Reuters|
    • 04:12 PM ET 02/19/2018

    Brazil's political affairs minister Carlos Marun said on Monday that passage through Congress of a bill to overhaul the country's costly social security system has effectively been halted and would not be put to a vote.

  • Irish PM calls for urgent restoration of Northern Ireland government

    • BY Reuters|
    • 03:30 PM ET 02/19/2018

    Ireland's Prime Minister called for the urgent restoration of Northern Ireland's power-sharing government on Monday after talks to end a year-long political stalemate broke down yet again last week.

  • BoE's Carney says Bitcoin has 'pretty much failed' as currency

    • BY Reuters|
    • 02:49 PM ET 02/19/2018

    Bitcoin has failed as a currency measured by the traditional benchmarks, and is neither a store of value nor a useful way to buy things, Bank of England Governor Mark Carney said on Monday. "It has pretty much failed thus far on ... the traditional aspects of money.

  • Latvian central bank not affected by detention of governor - Centeno

    • BY Reuters|
    • 02:28 PM ET 02/19/2018

    The head of the Eurogroup said on Monday the Latvian central bank had not been affected by the detention of its governor Ilmars Rimsevics. "We were informed that the performance of the central bank in Latvia is not affected," Mario Centeno told a news conference after a monthly meeting of euro zone finance ministers. "I want to stress that at this stage this is a domestic issue," Centeno added.

  • Many euro zone states support bailout fund as backstop for bank fund- Centeno

    • BY Reuters|
    • 02:10 PM ET 02/19/2018

    Euro zone finance ministers expressed broad support on Monday to allow their bailout fund ESM to become a backstop for the Single Resolution Fund for banks, the chairman of the ministers Mario Centeno told a news conference. The SRF is meant to finance the winding down of failing banks in the 19 countries that share the euro and gets its money from annual contributions from banks.

  • Greece closer to get disbursement of new loans - Eurogroup's Centeno

    • BY Reuters|
    • 02:01 PM ET 02/19/2018

    Greece is close to receive a new disbursement of loans from its euro zone creditors after having completed most of the required reforms, the head of the Eurogroup of the bloc's finance ministers said on Monday. "Of all the 110 prior actions, only two are still outstanding which are outside the control of the government.

  • BRIEF-S&P Says City Of Rio De Janeiro 'BB-/B' Ratings Affirmed; Outlook Stable

    • BY Reuters|
    • 01:35 PM ET 02/19/2018

    S&P Global Ratings: * S&P SAYS CITY OF RIO DE JANEIRO 'BB-/B' RATINGS AFFIRMED; OUTLOOK STABLE. * S&P- AFFIRMED 'BRAA-' BRAZIL NATIONAL SCALE RATING ON CITY OF RIO DE JANEIRO. * S&P SAYS NOW ANTICIPATE SLOWER FISCAL CORRECTION FOR THE CITY OF RIO DE JANEIRO DURING 2018-2020, WITH PRONOUNCED VOLATILITY IN BUDGETARY PERFORMANCE Source text:

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