Gold hit a six-week high after US hiring data pointed to a gradual cooling of the labor market, which reinforced expectations of lower interest rates in the coming months. Bullion rose 1.4% to $2,389.35 an ounce as of 1:30 p.m. Friday in New York, gaining after data from the U.S. Bureau of Labor Statistics. which ...
UK stock futures rose and the pound held steady after an exit poll indicated Labour will secure its long-predicted landslide election victory, with Keir Starmer set to become Prime Minister on the promise of greater economic stability. Contracts on the FTSE 100 index rose 0.3%, while the pound was little changed at around $1.276. The ...
On Wednesday, the day before the polling stations opened, Britain’s Conservative Party has all but conceded defeat to Keir Starmer’s Labour Party and warned that the opposition party was on course for an unprecedented victory. Opinion polls show the centre-left Labour Party is set for a big win in Thursday’s vote, that would end 14 ...
The number of Americans filing new claims for unemployment benefits rose last week, pointing to easing labor market conditions. Initial claims for state unemployment benefits rose 4,000 to a seasonally adjusted 238,000 in the week ended June 29, the Labor Department reported Wednesday. The report was released a day early, due to the Independence Day ...
On May 5th, José Raúl Mulino, lawyer and politician, won the presidential elections in Panama for the period that begins today and ends June 30, 2029.The new president joined the electoral race as a replacement for former president Ricardo Martinellisentenced to more than 10 years in prison for money laundering and today asylum in the ...
Israel and Saudi Arabia were the countries whose sovereign risk scores worsened the most during the first half of the yeardue to the deterioration of their fiscal positions, according to Goldman Sachs. Goldman economist Farouk Soussa said Israel’s war with Hamas and its drain on public finances caused the biggest decline in emerging market sovereign ...
The Greek state has been involved in a legal battle for decades in which it seeks to have the name of feta cheese declared of Hellenic origin, since, Several companies have cited their name on the product. The dispute reached Chile, where a court rejected the registration of the name ‘feta’ by other companies, since ...
Casa Rosada spokesman Manuel Adorni said that, due to agenda issues, President Milei will not attend the summit. Argentine President Javier Milei cancelled his attendance at the Mercosur summitThe announcement was made after the leader He called Brazilian President Luiz Inácio Lula da Silva a ‘leftist’ with an ‘inflamed ego’; he also called the Brazilian ...
Financial Diary – Santiago The Monthly Index of Economic Activity, Imacec, grew 1.1% in May compared to the same month of the previous yearthe Central Bank reported on Monday, in a variation that was below market estimates. “The seasonally adjusted series decreased by 0.4% compared to the previous month and grew by 2.0% in twelve ...
A Panama court acquitted 28 people in the Panama Papers casea case that involved the leak of documents from the Mossack Fonseca law firm, that linked personalities from all over the world in capital banking. The press release mentions that the Second Liquidator of Criminal Cases judge, Baloísa Marquínez acquitted the 28 people of the ...
