Government Finances

Factbox: How Senate, House Obamacare overhaul bills compare

Factbox: How Senate, House Obamacare overhaul bills compare

Published 23/06/2017

Speaker of the House Paul Ryan (R-WI) speaks after Senate Republicans unveiled their version of legislation that would replace Obamacare on Capitol Hill in Washington, U.S., June 22, 2017. REUTERS/Joshua Roberts

After weeks of discussions behind closed doors, the U.S. Senate unveiled a draft of its healthcare bill on Thursday that would overhaul the Affordable Care Act, commonly known as Obamacare.

[more…]

Republicans debating remedies for corporate tax avoidance

Republicans debating remedies for corporate tax avoidance

Published 18/06/2017

U.S. President Donald Trump walks from Maine One as he returns to the White House in Washington, U.S., June 16, 2017. REUTERS/Joshua Roberts

President Donald Trump and Republican leaders in Congress will soon confront a complex challenge for tax reform: how to limit U.S. corporate tax avoidance schemes that take advantage of low tax rates in foreign countries.

[more…]

IMF raises China 2017 growth forecast again, partly due to `policy support`

IMF raises China 2017 growth forecast again, partly due to `policy support`

Published 14/06/2017

Lin Wong

[more…]

Ghana inflation falls to 12.6 percent in May vs 13.0 percent in April

Ghana inflation falls to 12.6 percent in May vs 13.0 percent in April

Published 14/06/2017

Customers peruse goods at Makola market in Accra, Ghana, June 15, 2015. REUTERS/Francis Kokoroko/File Photo

Ghana's annual consumer price inflation fell to 12.6 percent in May from 13.0 percent the previous month, the statistics office said on Wednesday.

[more…]

ECB`s bond buys` impact on inflation disappointing: Knot

ECB`s bond buys` impact on inflation disappointing: Knot

Published 14/06/2017

FILE PHOTO: A huge Euro logo is pictured by the headquarters of the European Central Bank (ECB) in Frankfurt, September 29, 2011. REUTERS/Ralph Orlowski/File Photo

The impact of the European Central Bank's 2.3 trillion asset purchase program on inflation has been disappointing, Dutch central bank chief Klaas Knot, a long-time critic of the bond buying scheme, said on Wednesday.

[more…]

Greek PM hopeful that deal will be reached at Eurogroup meeting

Greek PM hopeful that deal will be reached at Eurogroup meeting

Published 14/06/2017

Greek Prime Minister Alexis Tsipras attends a cabinet meeting at the parliament in Athens, Greece June 13, 2017. REUTERS/Costas Baltas

Greek Prime Minister Alexis Tsipras has said he is optimistic that a deal paving the way for new loans for Greece will be reached at a meeting of euro zone finance ministers on June 15.

[more…]

Trump says healthcare reform push may need additional money

Trump says healthcare reform push may need additional money

Published 13/06/2017

President Donald Trump on Tuesday said that the Republican push to repeal Obamacare may require additional money for healthcare, but he did not specify how much more funding would be needed or how it might be used.

[more…]

Euro zone, IMF eye compromise to unblock loans for Greece

Euro zone, IMF eye compromise to unblock loans for Greece

Published 12/06/2017

Greek Prime Minister Alexis Tsipras (L) welcomes French Finance Minister Bruno Le Maire at his office in Maximos Mansion in Athens, Greece, June 12, 2017. REUTERS/Costas Baltas

Euro zone finance ministers and the International Monetary Fund are likely to strike a compromise on Greece on Thursday, paving the way for new loans for Athens while leaving the contentious debt relief issue for later, officials said on Monday.

[more…]

Macron majority could help euro zone growth: S&P economist

Macron majority could help euro zone growth: S&P economist

Published 12/06/2017

French President Emmanuel Macron leaves the polling station after voting in the first of two rounds of parliamentary elections in Le Touquet, France, June 11, 2017. REUTERS/Christophe Petit Tesson/Pool

Standard & Poor's is likely to raise its growth forecasts for France and the euro zone after Emmanuel Macron's election as president and expected big victory in parliamentary polls, the rating agency's chief European economist said on Monday.

[more…]

Qatar can defend economy and currency, finance minister tells CNBC

Qatar can defend economy and currency, finance minister tells CNBC

Published 12/06/2017

Qatar's Finance minister Ali Sherif al-Emadi speaks during a briefing on the financial outlook for Qatar, in Doha, Qatar, February 7, 2017. REUTERS/Naseem Zeitoon

Qatar can easily defend its economy and currency against sanctions by other Arab states, Qatari finance minister Ali Sherif al-Emadi told CNBC television in an interview broadcast on Monday.

[more…]