Russia Stands by 2 of GDP Budget Deficit Plan

MOSCOW, Feb 17 Reuters Russia39;s finance ministry is sticking with plans to post a budget deficit of no more than 2 of gross domestic product GDP in 2023, despite towering spending and slumping energy revenues contributing to a huge shortfall in January. Russia recorded a budget deficit of almost 25 billion in January, in part due to […]
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Dollar Climbs to SixWeek Peak on Rate Hike Expectations

SINGAPORE, Feb 17 Reuters The dollar surged on Friday to hit a sixweek high against a basket of currencies as a bout of resilient economic data out of the United States raised market expectations that more interest rate hikes were in the offing. Data on Thursday showed that the number of Americans filing new claims for unemployment […]
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European Shares Fall as RateHike Worries Resurface

STOXX 600 still set for weekly gains Ratesensitive technology stocks lead falls MercedesBenz up on earnings boost Sika rises as guidance beats expectations NatWest outlook sends shares tumbling Feb 17 Reuters European shares slid nearly 1 on Friday as ratesensitive technology slipped on renewed bets of the U.S. Federal Reserve sticking to its monetary tightening […]
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