cuts

Mexico and Norway’s central banks have chosen to hike rates, while their Israeli counterpart predicts it too could introduce a quicker rise than expected. The Swiss central bank meanwhile is holding firm on lifting the world's lowest…
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The Qatar Investment Authority (QIA) cut its stake in Credit Suisse Group AG to below 5 percent, after one of the most turbulent years since the global financial crisis, Bloomberg reported. QIA holds 4.8 percent in Credit Suisse, or…
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Chinese Foreign Minister Wang Yi urged the United States and Russia on Friday to further cut their nuclear arsenals, days before US President Joe Biden and Russian President Vladimir Putin hold a summit in Geneva. Wang, addressing the…
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President Tayyip Erdogan sent Turkey’s lira currency to new all-time lows on Wednesday after he called for interest rate cuts in the next two months and said he spoke to the central bank’s new governor about it. The lira — by far the…
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The UK’s Education Secretary, Gavin Williamson, has been accused of “punching down” over plans to cut spending on universities and teaching in London, as part of the government’s “levelling up” program to redistribute funds outside the…
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