Economy

To help Russia evade sanctions, China would have to offer a viable substitute to the American dollar. What’s more, the risks of helping Russia avoid economic ruin may be greater.

As higher oil prices torpedo economic recovery worldwide, Morgan Stanley has cut India‘s GDP forecast for the fiscal year beginning April 1 by 50 basis points to 7.9 per cent, raised retail inflation projection to 6 per.

By David Lawder DENVER (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday the U.S. economy is better prepared to weather economic turbulence from Russia’s invasion of Ukraine because of.

By Pavel Polityuk and Natalia Zinets LVIV, Ukraine (Reuters) – President Volodymyr Zelenskiy said on Friday Ukraine was at a “strategic turning point” in the war as Russian forces bombarded.

By Marc Jones LONDON (Reuters) – The cost of Russia’s invasion of Ukraine will become a lot clearer next week, with a previously unthinkable sovereign default looming, more emergency central.

By Steve Holland and Francesco Guarascio WASHINGTON/BRUSSELS (Reuters) – The United States, European Union and other allies on Friday escalated their economic pressure on Russia, moving to strip Moscow of.

BEIJING (Reuters) – China’s Premier Li Keqiang confirmed on Friday plans to step down after his current term expires next March. The No. 2 in the hierarchy of China’s ruling.

By Makini Brice and Richard Cowan WASHINGTON (Reuters) – The U.S. Senate on Thursday approved legislation providing $1.5 trillion to fund the federal government through Sept. 30 and to allocate.