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PARAGUAY CENTRAL BANK
How a banking scandal is taking down Trump’s ally in ParaguayParaguay's Ueno Bank has collapsed, leaving customers locked out of their accounts and prompting nationwide protests. President Santiago Pe...
- Paraguayan president Santiago Pena impeached minutes after resigning following bank collapse
The 78-0 vote marked a stunning repudiation of Pena by lawmakers from his long-ruling Colorado Party, who joined the opposition in backing ...
Paraguay President Santiago Pena resigns after bank takeover sparks protests, threatens millions of depositorsParaguayan President Santiago Pena announced his resignation after the central bank's takeover of Ueno Bank left three million depositors, ...
Charting the global economy: Euro area business activity coolsThe euro area’s private sector slowed more than expected in October, weighed down by France as the region’s No. 2 economy grapples with fis...
Charting the global economy: Price pressures continue to bubbleThe personal consumption expenditures price index, excluding food and energy, rose in line with expectations in July.
India, Brazil explore collaboration on digital payment systems amid solidarity pushIndia and Brazil are exploring collaboration on their digital payment systems, UPI and Pix, respectively, following discussions between Pri...
US Fed, BoJ and BoE hold rates as they gauge impacts of trade tariffsCentral banks in the US, Japan, and UK have maintained interest rates aiming to monitor the economic impact of trade policies. The Bank of ...
Charting the global economy: Bank of Japan raises interest ratesThe Bank of Japan raised its key policy rate to 0.5%, the highest since 2008, signaling stronger inflation. The rate hike reflects the cent...
Charting the global economy: BOE leaves rate-cut hopes aliveThe Bank of England hinted at possible interest-rate cuts as some officials are leaning towards it, despite keeping rates steady at 5.25%.
Global rate-cut juggernaut is struggling to startCentral banks cagey about joining the global interest-rate cutting cycle may reveal themselves this week with a quartet of decisions in adv...
Charting the Global Economy: Houthi attacks intensify woes for global tradeThe recent spate of attacks by Yemen’s Houthi rebels on vessels transiting the major shipping route has resulted in several large shipping ...
Charting the Global Economy: Euro-Area recession looks likelyThe outlook for global trade got a boost this week as South Korea’s exports are likely to maintain momentum. Elsewhere in Asia, Chinese ban...
Santiago Pena wins Paraguay vote, keeps rightwing party in powerEconomist and former finance minister Santiago Pena, 44, took the election with more than 42 percent of the vote to continue the hegemony o...
Ties that bind the global economy are unraveling at a frightening paceRussia’s gross domestic product rose at a slower pace in the first quarter, hindered by the initial impact of sanctions, and its central ba...
Tapering doesn’t mean tightening for central bank money printersIn the last week, the U.S. Federal Reserve signaled it will start paring its massive bond-buying as soon as November and the Bank of Englan...
Oil prices slip but remain near $75 after large inventory drawdownBrent crude oil futures fell 5 cents, or 0.1%, to $74.69 a barrel by 0108 GMT while US West Texas Intermediate (WTI) crude oil futures slip...
Is Paraguay set to make Bitcoin legal tender? Don't bet on itParaguayan lawmaker Carlos Rejala, who had inadvertently sparked the excitement with a tweet earlier in June, told Reuters on Friday he was...
How Argentina plays debt bully to socialist ally CubaArgentina is also demanding its neighbor Paraguay repay an $18 bn debt stemming from funds it contributed to build a hydroelectric dam in 1...
- Gold recovers on good demand, silver also gains
Gold prices recovered from its three-day fall at the bullion market here today on renewed demand from stockists and traders amid good seaso...
- Financial markets brace for crucial week
US economic figures and a string of company results out next week could push panic-stricken traders to drag the world's economies closer to...