The reaction to China’s easing of coronavirus restrictions marked a major policy shift

(Reuters) – China on Wednesday announced the most sweeping changes to its strict anti-coronavirus policy since the outbreak began three years ago, relaxing rules that limited the spread of the virus but crippled the world’s second-largest economy and sparked protests. . The relaxation of the rules, which include allowing people with mild or no symptoms … Read more

New York Fed: Bank liquidity may be tighter than expected, with policy implications

Nov. 18 (Reuters) – The way the banking system manages its cash suggests that the financial system may not be as fluid as many now understand it, and that could have implications for how the Federal Reserve manages the size of its balance sheet, a paper from the Reserve Bank said. New York Fed on … Read more

Global stocks are advancing on the hope that recession warns of the Fed’s hand

The US yield curve has been more inverted since 1981 MSCI Global shares rose 0.2%, losing Al Ain weekly NEW YORK/LONDON (Reuters) – Global stocks rose and a key part of the Treasury yield curve inverted further on Friday, in a sign that the US economy will falter next year and investors hope will lead … Read more

Trump’s 2024 presidential bid was a new wrinkle for the markets

NEW YORK (Reuters) – Former President Donald Trump’s entry into the 2024 presidential race on Tuesday confirmed the world’s “worst-kept secrets” and created another variable for markets that some investors say remains a low priority for now. Trump, who has launched relentless attacks on voting integrity in the United States since his defeat in the … Read more

Exclusive: Germany is stepping up its emergency monetary plans to tackle power outages

FRANKFURT (Reuters) – German authorities are stepping up preparations to hand over emergency funds in the event of a power outage to keep the economy running as the nation prepares for a possible blackout caused by the war in Ukraine, four people involved said. One of the people said plans include the Bundesbank, Germany’s central … Read more

Biden and Xi prepare to meet ahead of Ukraine-overwhelmed G20 summit

NUSA DUA, Indonesia (Reuters) – Chinese leader Xi Jinping arrived on the Indonesian island of Bali on Monday for a long-awaited meeting with U.S. President Joe Biden ahead of a set to be perilous summit of the Group of 20 nations. With tension due to the Russian invasion of Ukraine. The two leaders are expected … Read more

Analysis: FTX crash prompts investors to rethink the battered crypto market

NEW YORK/LONDON, NOV 10 (Reuters) – A week of turmoil culminating in the FTX profile of major cryptocurrency exchanges has left investors questioning the viability of a sector already suffering from the bursting of the bitcoin bubble and the shutdown of major market players. The collapse of several cryptocurrency lenders, including Celsius and Voyager, tokens … Read more

Ukraine warns of more attacks on infrastructure, mayor urges Kyiv to prepare for the worst

Russia may be preparing for more attacks on energy sites – Zelensky 4.5 million Ukrainians without electricity as winter approaches Biden aide held talks with senior Russian officials Report: US urges Ukraine to open up to talks with Russia Kyiv/WASHINGTON (Reuters) – Ukrainian President Volodymyr Zelensky warned on Sunday of possible further Russian attacks on … Read more

Deposed Pakistani Prime Minister Imran Khan shot himself in the leg in what aides called an assassination attempt

Former cricketer Imran Khan shot himself in the leg He was leading a march to Islamabad to demand early elections “It was an obvious assassination attempt,” says an aide. Pakistan has a long history of political violence The White House condemns the attack on Khan LAHORE (Reuters) – Former Pakistani Prime Minister Imran Khan was … Read more

Russian missiles hit apartments in Ukraine, killing one person

Kyiv, other cities suffer from blackouts and water Putin: Missile strikes ‘not all we can do’ Russia also suspended its role in the grain deal after saying its ships were damaged Zelensky: Russia is ‘blackmailing the world with hunger’ Kyiv (Reuters) – Russia fired four missiles at the southern Ukrainian port city of Mykolaiv overnight, … Read more