Pakistan finance minister known for propping up rupee in earlier stints

ISLAMABAD, Sept 28 (Reuters) – Ishaq Dar, Pakistan’s new finance minister, has strongly favored intervention in currency markets in three previous stints in the job, but faces a nation in economic crisis this time and the conditions of an International Monetary Fund (IMF ) programme. Dar, a seasoned politician and chartered accountant, was sworn in … Read more

EXCLUSIVE US seeks allies as split emerges over global plastics pollution treaty

WASHINGTON DC, Sept 27 (Reuters) – The United States is seeking to form a coalition of countries to drive negotiations on a global plastic pollution treaty, weeks after a similar group involving several other G7 nations was launched, according to a document seen by Reuters . The move underlines its desire to keep the treaty’s … Read more

World Bank’s Malpass faces calls to resign after climate change doubts

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 21 (Reuters) – World Bank President David Malpass came under heavy criticism on Wednesday after he declined to say whether he accepts the scientific consensus on global warming, rekindling concerns about the bank’s lack of a deadline to stop funding fossil fuels. Malpass appeared … Read more

At UN, Micronesia denounces Japan plan to release Fukushima water into Pacific

A worker, wearing protective suits and masks, takes notes in front of storage tanks for radioactive water at Tokyo Electric Power Co’s (TEPCO) tsunami-crippled Fukushima Daiichi nuclear power plant in Okuma town, Fukushima prefecture, Japan February 10, 2016. REUTERS/ toru hanai Register now for FREE unlimited access to Reuters.com Register UNITED NATIONS, Sept 22 (Reuters) … Read more

IDB directors unanimously recommend firing of Claver-Carone after ethics probe

Visitors walk past a screen with the logo of the Inter-American Development Bank (IDB) at the Atlapa Convention Center in Panama City March 13, 2013. REUTERS/Carlos Jasso Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 22 (Reuters) – The Inter-American Development Bank’s board of directors voted unanimously on Thursday to recommend firing … Read more

Japan signals chance of yen intervention; market unconvinced

A banknote of Japanese yen is seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register News of rate check pushes yen away from 24-year low Authorities won’t announce intervention plan – finance minister MOF will act ‘swiftly without … Read more