Posts From Mark Cooper
COLOMBO (Reuters) – Sri Lanka’s Prime Minister Mahinda Rajapaksa will resign from his post, his son said on Friday, in a move that will force President Maithripala Sirisena to appoint a replacement to avert a possible government shutdown on Jan
European Central Bank (ECB) chief Mario Draghi said Thursday that the bank would stop its €2.6 trillion (US$ 2.95 trillion) quantitative easing (QE) bond-buying program in January. Europe’s growth will be around 1.7% next year, Draghi predicted, citing the persistence
ARGENTINA IS FAMED as much for its financial crashes as for its juicy steaks and nifty footballers. But even compared with its usual performance, 2018 was a particularly miserable year for the economy. The worst drought in 50 years
WASHINGTON (Reuters) – Nancy Pelosi said Democrats will begin to seek President Donald Trump’s tax returns – a move likely to prompt outrage from the White House – when they take control of the U.S. House of Representatives in January.
PARIS (Reuters) – President Emmanuel Macron on Monday announced wage rises for the poorest workers and tax cuts for pensioners in further concessions meant to defuse weeks of often violent protests that have challenged his authority. In his first national
Stocks could be soaring or plunging, but Stacey Cunningham is clear-eyed and steadfast about her job as the new President of the New York Stock Exchange. “Our mission is to help companies raise money so they can go out and
For a long time, the conventional wisdom among investors was that “nice guy” businesses finished last in the stock market. Companies that tried to be socially and environmentally responsible, the critics said, would have to sacrifice some of their profits,
BENGALURU (Reuters) – The rupee will weaken over the six next months as uncertainty builds heading into national elections due in May, a Reuters poll showed. While a sharp drop in oil prices should help the slowing economy and the
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday defended his decision to seek a business deal in Russia in 2016 even as he pursued the Republican presidential nomination, calling it “very legal” and “very cool” to keep running his
AS THEY PREPARE for Brexit, many of London’s financial firms have begun to move some staff, or operations, to the continent. But financial contracts, notably derivatives, are difficult to uproot. London’s clearing-houses, which ensure that a contract is honoured