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Pakistan to unveil budget with eye to winning new IMF bailout Jun 12, 2024 12:41AM

ISLAMABAD (Reuters) - Pakistan's coalition government will present on Wednesday its budget for the fiscal year to June 2025 that analysts expect to set ambitious fiscal targets as it looks to strengthen the case for a new bailout deal with the International Monetary Fund.

The budget comes a day after the government said economic growth of 2.4% expected in the current year would miss a target of 3.5%, although revenues were up 30% over last year, and... (continue reading...)


Myanmar poverty deepens, economic growth stagnant, World Bank says Jun 12, 2024 12:38AM

(Reuters) - Poverty in Myanmar is more widespread than at any time in the last six years and growth in the conflict-torn nation is likely to remain at a measly 1% in the current fiscal year with little respite in sight, the World Bank said on Wednesday.

Escalating violence, labour shortages and a depreciating currency have made it harder to do business, the bank said in a report on the Southeast Asian nation that has been in political and economic... (continue reading...)


Morning Bid: US double bill Jun 12, 2024 12:33AM

A look at the day ahead in European and global markets from Tom Westbrook

Markets are likely to stay tentative through Europe's morning hours ahead of a blockbuster session in the U.S., where inflation data is due out in the morning before the Federal Reserve meets to set rates and publish its economic projections.

It's likely to overshadow final German CPI numbers and Britain's monthly GDP figures due in the London day.

... (continue reading...)


Trump says he wants all remaining Bitcoin to be made in the US Jun 12, 2024 12:12AM

(Reuters) - Republican presidential candidate Donald Trump said on Tuesday that he wants all remaining Bitcoin to be made in the U.S.

The crypto industry is increasingly trying to influence U.S. politicians as it faces heightened scrutiny from regulators, especially since bankruptcies at major crypto firms in 2022 spooked investors, exposed fraud and misconduct, and left millions of investors out of pocket.

(Reporting by... (continue reading...)


Most drivers in US support anti-speeding technology in vehicles, survey shows Jun 12, 2024 12:06AM

(Reuters) - More than 60% of the drivers in the United States would find it acceptable if their vehicle provided an audible and visual warning when they exceeded the posted speed limit, a survey by Insurance Institute for Highway Safety showed on Wednesday.

The IIHS surveyed a total of 1,802 drivers to gain insight on how they would feel about intelligent speed assistance systems (ISA).

WHY IT IS IMPORTANT

Over-speeding is... (continue reading...)


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Jun 11, 2024 07:10PM Brazil government will not insist on tighter tax credit rules, sources say
Jun 11, 2024 07:10PM Brazil government will not insist on tighter tax credit rules, sources say
Jun 11, 2024 07:10PM Brazil government will not insist on tighter tax credit rules, sources say
Jun 11, 2024 07:10PM Brazil government will not insist on tighter tax credit rules, sources say
Jun 11, 2024 07:10PM Brazil government will not insist on tighter tax credit rules, sources say
Jun 11, 2024 07:10PM Brazil government will not insist on tighter tax credit rules, sources say
Jun 11, 2024 07:10PM Brazil government will not insist on tighter tax credit rules, sources say
Jun 11, 2024 07:10PM Brazil government will not insist on tighter tax credit rules, sources say
Jun 11, 2024 07:10PM Brazil government will not insist on tighter tax credit rules, sources say
Jun 11, 2024 07:10PM Brazil government will not insist on tighter tax credit rules, sources say
Jun 11, 2024 07:10PM Brazil government will not insist on tighter tax credit rules, sources say
Jun 11, 2024 07:10PM Brazil government will not insist on tighter tax credit rules, sources say
Jun 11, 2024 07:10PM Brazil government will not insist on tighter tax credit rules, sources say
Jun 11, 2024 07:10PM Brazil government will not insist on tighter tax credit rules, sources say
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Jun 11, 2024 07:01PM GameStop raises $2.14 billion amid Roaring Kitty-fueled retail trading frenzy
Jun 11, 2024 07:01PM GameStop raises $2.14 billion amid Roaring Kitty-fueled retail trading frenzy
Jun 11, 2024 07:01PM GameStop raises $2.14 billion amid Roaring Kitty-fueled retail trading frenzy
Jun 11, 2024 07:01PM GameStop raises $2.14 billion amid Roaring Kitty-fueled retail trading frenzy
Jun 11, 2024 07:01PM GameStop raises $2.14 billion amid Roaring Kitty-fueled retail trading frenzy
Jun 11, 2024 07:01PM GameStop raises $2.14 billion amid Roaring Kitty-fueled retail trading frenzy
Jun 11, 2024 07:01PM GameStop raises $2.14 billion amid Roaring Kitty-fueled retail trading frenzy
Jun 11, 2024 07:01PM GameStop raises $2.14 billion amid Roaring Kitty-fueled retail trading frenzy
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