No Data
No Data
No Data
Kremlin: Russia is ready to respond to Europe's growing demand for natural gas
Kremlin spokesman Dmitry Peskov said Russia was, is and will be a responsible country ready to deal with the growing energy needs of its European partners. Peskov said Russia "totally disagreed" with US accusations that it was using the energy crisis as a geopolitical weapon; the US kept threatening to impose sanctions on commercial projects that would help stabilize European energy markets. Russia is ready to negotiate new long-term supply contracts.
ViacomCBS Inc. 5.75% PRF CONV declares $1.4375 dividend
ViacomCBS Inc. 5.75% PRF CONV (NASDAQ:VIACP) declares $1.4375/share quarterly dividend, in line with previous.Forward yield 8.81%Payable Jan. 3; for shareholders of record Dec. 15; ex-div Dec. 14.See
Bank of Australia: Will evaluate bond purchase plans based on economic conditions
The Bank of Australia said it will continue to evaluate its bond purchase plan based on economic conditions and health conditions. Australia's east coast is being blocked in turns to fight the delta (delta) variant of the coronavirus. “If further bad news on health causes a significant setback to economic recovery, the Commission will be prepared to act,” the Bank of Australia said in the August meeting minutes released on Tuesday. Two weeks ago, the Bank of Australia issued an optimistic statement adhering to the proposed plan to reduce bond purchases and expecting the economy to quickly rebound from the contraction caused by the pandemic this quarter. However, the number of new cases in Sydney is still climbing
There's no turning back: won't the Delta virus variant disrupt the Fed's debt reduction plan?
Original title: There is no going back: Will the Delta virus variant disrupt the Fed's debt reduction plan? Source: FX168 Right now, senior US economic policymakers are facing a key question: will the delta virus variant hold back more than 6 million Americans who are still unemployed compared to pre-pandemic levels? Concerns about childcare and increased unemployment insurance benefits are often cited as the main reasons people are reluctant to return to work. But the third reason is the fear of contracting the virus, a factor that may be amplified by the spread of the more infectious variant of the deltavirus. At the Federal Reserve (Fe
BlackRock CEO warns that inflation could have a "big impact"
Larry Fink, chief executive of BlackRock, said investors may have underestimated the possibility of soaring inflation. "most people don't have more than 40 years of career, they only see the decline in inflation over the past 30 years," Fink said at a virtual event hosted by Deutsche Bank on Wednesday. "so it's going to be a very big shock." Fears of rising inflation have infiltrated the US market as the cost of goods such as wood and steel has risen this year. Fink joined first Boston in 1976 and began his career at a time of high inflation. In March 1980, the US consumer price index rose by 14.8.
It may be time for the Fed Harker: to think about reducing the size.
Patrick Harker, president of the Philadelphia Fed, said, "it may be time to at least think about reducing our purchases of $120 billion a month in Treasuries and mortgage-backed securities." "however, this is not something we will do all of a sudden," Harker said in a speech prepared for the Women in Housing and Finance virtual event on Wednesday. "We need to follow the script after the Great Recession; that is, start slowly reducing bond purchases. As the economy continues to strengthen, we will carefully and methodically cancel policy easing. "as you wish.
No Data