Shares are falling, havens are rising as new COVID-19 variant scares investors

Passers-by wearing protective masks are reflected on an electronic board showing stock prices outside a brokerage house amid the outbreak of coronavirus disease (COVID-19) in Tokyo, Japan, September 29, 2021. REUTERS / Issei Kato Sign up now for FREE unlimited access to Sign up SYDNEY, Nov. 26 (Reuters) – Asian stocks suffered their sharpest … Read more

Several Fed officials open up to speed up cuts in bond purchases, interest rate hikes

Nov 24 (Reuters) – An increasing number of Federal Reserve politicians indicated they would be open to speeding up the elimination of their bond-buying program if high inflation persists, and move faster to raise interest rates, minutes of the US Federal Reserve’s most recent policy meeting showed. The announcement, released on Wednesday, was the latest … Read more

Budget crisis threatens on day one for Sweden’s first female prime minister

Budget reconciliation is due after 15.00 GMT The cohesion of the coalition and the support parties unravel Andersson pays tribute to the role symbolism for girls in Sweden STOCKHOLM, November 24 (Reuters) – Social Democrat leader Magdalena Andersson became Sweden’s first female prime minister on Wednesday, but was immediately faced with a crisis due to … Read more

Slovakia follows Austria in lockdown amid record-breaking rise in COVID cases

The government approves a two-week lockdown COVID cases hit record daily, vaccination low Movement should be limited, only necessary trips Measures must be assessed after 10 days Any solution will only apply to the vaccinated PRAGUE, NOVEMBER 24 (Reuters) – The Slovak government followed the example of neighboring Austria on Wednesday, ordering a two-week lockdown … Read more

COVID cases are breaking records in Europe, which has caused boostershot to reconsider

A doctor tends to treat patients with coronavirus (COVID-19) in the intensive care unit (ICU) at Pirogov Hospital in Sofia, Bulgaria, October 15, 2021. REUTERS / Stoyan Nenov Sign up now for FREE unlimited access to Sign up Slovakia, Czech Republic, Hungary records daily cases Sweden is rolling out booster shots for all adults … Read more

“Not available at the moment”: Turks can not buy iPhones, other electronics after lira diving

ISTANBUL, November 24 (Reuters) – Turks trying to buy iPhones and other electronics received online error messages on Wednesday, including from Apple Inc’s (AAPL.O) local website, after a historic 15% drop in the lira the day before caused chaos for prices. The currency fell back to its lowest record on Wednesday, driven by concerns about … Read more

Jamie Dimon jokes that JPMorgan will survive China’s Communist Party

JP Morgan CEO Jamie Dimon Speaks at Boston College Chief Executives Club Lunch in Boston, Massachusetts, USA, November 23, 2021. REUTERS / Brian Snyder Sign up now for FREE unlimited access to Sign up November 23 (Reuters) – JPMorgan Chase and Co (JPM.N) CEO Jamie Dimon joked on Tuesday that his bank would last … Read more

US marshals other nations, challenge OPEC + with release of oil reserves

OPEC + has rejected repeated US calls for more crude oil Bite under political pressure as inflation picks up OPEC + meets on 2 December, but there are no signs of a change India, UK details oil release contributions WASHINGTON, November 23 (Reuters) – US President Joe Biden’s administration announced on Tuesday that it will … Read more

Lira collapse leaves Turks confused, opposition angry

The lira falls 15% against the dollar in one day Many Turks convert salaries, pensions to foreign currency The opposition says Turkey is facing economic disaster Former Erdogan ally accuses him of ‘treason’ ANKARA, NOVEMBER 23 (Reuters) – Anxious Turks struggled to keep up with a confusing collapse in their currency, and the opposition’s main … Read more

Germany considers more COVID-19 restrictions, mandatory vaccines, as cases increase

BERLIN, November 23 (Reuters) – Health Minister Jens Spahn on Tuesday called for further restrictions as Germany’s rate of coronavirus infections hit record highs and several politicians supported mandatory vaccinations. The seven-day incidence rate jumped to 399.8 per. 100,000 people on Tuesday, data from the Robert Koch Institute of Infectious Diseases showed, for the 16th … Read more