Wells Fargo Investment Institute Raises US GDP Growth Forecast for 2023
Wells Fargo Investment Institute Raises US GDP Growth Forecast for 2023 In a significant update, the Wells Fargo Investment Institute (WFII) revised its projection for the US gross domestic product (GDP) growth in 2023. The previous forecast of 1.1% has now been lifted to an optimistic 2.2%. This adjustment reflects a positive outlook for the […]
Kremlin Spokesman Dismisses Financial Times Report on Xi Jinping Warning Putin about Nuclear Weapons in Ukraine
Kremlin Spokesman Denies Chinese President’s Warning Against Nuclear Weapons in Ukraine Moscow, Russia – Kremlin spokesman Dmitry Peskov emphatically refuted a report published by the Financial Times alleging that Chinese President Xi Jinping had cautioned Russian President Vladimir Putin against the utilization of nuclear weapons in Ukraine. Dismissing the article as a “false story,” Peskov […]
Fund allocation to stocks, lowest level in 5 months = BofA survey | Reuters
Global fund managers’ allocations to equities fell to five months, according to a Bank of America (BofA) survey released on Monday. Picture taken in March 2022 (2023 REUTERS/Brendan McDermid) LONDON (Reuters) – Global fund managers’ allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released on Monday. The […]
US Secretary of State meets with Saudi Crown Prince to discuss bilateral relations | Reuters
During a visit to Saudi Arabia, US Secretary of State Brinken met with Crown Prince Mohammed bin Salman to discuss bilateral relations. The state-run Saudi Press Agency (SPA) reported on the 7th. FILE PHOTO: Washington, DC May 16, 2023. REUTERS/Elizabeth Frantz CAIRO (Reuters) – U.S. Secretary of State Brinken met with Crown Prince Mohammed bin […]
US wholesale prices fell 0.5% month-on-month in March, contrary to market expectations of a flat | Reuters
WASHINGTON (Reuters) – The U.S. Labor Department’s wholesale price index (PPI) fell 0.5% in March from March, in line with market forecasts compiled by Reuters of a fall to the contrary. This was the biggest drop since April 2020. The drop in gasoline prices was a factor, showing signs of calming down in wholesale prices. […]
French Prime Minister Forced to Adopt Pension Reform Bill, Upheaval in Chamber, Frequent Protests | Reuters
slide show ( 2 images ) PARIS (Reuters) – French Prime Minister Borne on Thursday was forced to adopt a constitutional provision without a vote to reform the pension system, raising the retirement age by two years to 64. In the parliamentary chamber, there were cries of “Resign!” The government has argued that raising the […]
Iran’s posture to support inspection activities for nuclear facilities = IAEA | Reuters
On March 4, Iran pledged to support the inspection activities of undeclared nuclear facilities by the International Atomic Energy Agency (IAEA) where high concentrations of uranium particles have been found and to re-install surveillance cameras in these facilities. IAEA Director General Grossi meets with Iranian President Raisi (right) in Tehran on the 4th. From the […]
Norwegian police temporarily detain Greta during a protest demonstration | Reuters
The Swedish environmental activist, Greta Thunberg, was detained twice by the police during a protest in favor of indigenous human rights in the capital of Norway, Oslo on the 1st. FILE PHOTO: Oslo, 2023. REUTERS/Alf Simensen/NTB/via REUTERS OSLO (Reuters) – Swedish environmental activist Greta Thunberg was detained twice by police on Wednesday during a protest […]
Russia begins to supply crude oil from Kazakh to Germany Stops in Poland | Reuters
State-owned Russian pipeline company Transneft has started supplying crude oil from Kazakhstan to Germany through the Druzhba pipeline. (2023 REUTERS/Maxim Shemetov/File Photo) MOSCOW (Reuters) – Russian state-owned pipeline company Transneft began supplying Germany with crude oil from Kazakhstan on Monday via the Druzhba pipeline. On the other hand, the supply of crude oil to Poland, […]
Russia convenes the UN Security Council on the 22nd Nord Stream explosion = news | Reuters
The RIA said that Russia is expected to convene the UN Security Council on Thursday to discuss the “sabotage” of the Nord Stream submarine pipeline that transports natural gas from Russia to Europe. FILE PHOTO: United Nations Headquarters in New York February 6, 2023. REUTERS/Eduardo Munoz/File Photo [15日 ロイター] – Russia is expected to convene […]