The reform will raise the retirement age from 62 to 64 Schools, transportation networks and refinery deliveries have been affected Macron: Reform is vital to ensure the continuity of the pension system PARIS (Reuters) – Huge crowds marched across France on Tuesday to say “no” to President Emmanuel Macron’s plan to make people work longer … Read more
WASHINGTON (Reuters) – The U.S. Treasury Department’s top sanctions official on a trip to Turkey and the Middle East next week will warn countries and companies that they could lose access to G7 markets if they do business with entities subject to U.S. restrictions. Washington is cracking down on Russian attempts to evade sanctions imposed … Read more
Consumer spending fell 0.2% in December personal income increases by 0.2%; The savings rate rose to 3.4%. Core PCE price index rose 0.3%; 4.4% increase year on year WASHINGTON (Reuters) – U.S. consumer spending fell for the second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation … Read more
BEIJING/HONG KONG (Reuters) – China’s population declined last year for the first time in six decades, a historic shift that is expected to mark the start of a long period of declining population numbers with profound repercussions for its economy. and the world. The decline, the worst since 1961, the last year of the great … Read more
DAVOS, Switzerland (Reuters) – Two-thirds of leading public and private economists surveyed by the World Economic Forum expect a global recession in 2023, the organizer of the Davos Forum said on Monday, as business and government leaders gathered. its annual meeting. About 18% considered a global recession “highly likely” — more than double that of … Read more
NEW YORK (Reuters) – U.S. banking giants are expected to report lower fourth-quarter profits this week as lenders hoard money for rainy days in preparation for an economic slowdown that will hurt investment banking. Four US banking giants – JPMorgan Chase & Co (JPM.N)Bank of America Corp (BAC.N)Citigroup Inc (CN) and Wells Fargo & Company … Read more
Nonfarm payrolls elevated 223,000 in December Unemployment fee down to three.5% from 3.6% excessive charges of home staff; Excessive participation fee incomes common hourly earnings of 0.3%; A rise of 4.6% year-on-year WASHINGTON, Jan. 6 (Reuters) – The U.S. financial system added jobs by a robust measure in December, pushing the unemployment fee again to … Read more
https://tmsnrt.rs/2zpUAr4 Asian markets recovered early losses, and US inventory futures have been flat The greenback broke under the 130 yen help degree to succeed in a 6-month low International development fears are weighing on oil costs, however gold is rallying SYDNEY (Reuters) – Asian shares recovered from early losses on Tuesday as buyers weighed the … Read more
