Cuba requests US aid after Hurricane Ian knocks out power, the Wall Street Journal reports

WASHINGTON, Sept 30 (Reuters) – Cuba’s government has made a rare request for emergency assistance from the administration of US President Joe Biden after Hurricane Ian knocked out power to the entire island of 11 million people, the Wall Street Journal reported on Friday. Hurricane Ian tore through the island nation on Tuesday, causing a … Read more

Hawks and hardliners | Reuters

A look at the day ahead in European and global markets from Vidya Ranganathan The third quarter of 2022 draws to a close with monetary and military hawks prevailing, and financial markets nursing some of the worst setbacks in decades. Russian President Vladimir Putin is set to host a Kremlin ceremony on Friday annexing about … Read more

Morning Bid: Guilty party | Reuters

A look at the day ahead in European and global markets from Tom Westbrook The Old Lady of Threadneedle Street’s cash tourniquet on the gilt market is holding, with the relief rally driving 30-year yields down a wild 105 basis points in a few hours. Yet the remedy is little salve for a sinking pound, … Read more

Green gold: Mexican avocados, beloved in US, fuel multi-billion dollar market

MEXICO CITY, Sept 28 (Reuters) – Hass avocado imports from Mexico, the main ingredient of guacamole – a favorite Super Bowl snack – are now worth $4 billion, up from about $2.5 billion two years ago, according to a new study by Texas A&M University. A person in the United States now eats an average … Read more

Morning Bid: Mini budget, major turmoil

A look at the day ahead in European and global markets from Anshuman Daga What was meant to be a mini-budget is still thundering across financial markets. While British finance minister Kwasi Kwarteng remarked on Sunday that he was focused on growth, not market moves following the carnage in the pound and bond prices, everyone … Read more

Exclusive: IDB governors vote to remove bank president Claver-Carone after ethics investigation

Visitors walk past a screen with the logo of Banco Interamericano de Desarrollo (BID) at the Atlapa Convention Center in Panama City March 13, 2013. REUTERS/Carlos Jasso Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, Sept 26 (Reuters) – The governors of the Inter-American Development Bank (IDB) voted on Monday to fire … Read more

Morning Bit: Pounded | Reuters

Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in European and global markets from Tom Westbrook Sterling’s freefall extended to new lows on Monday as investors emphatically reject British finance minister Kwasi Kwarteng’s program of subsidies and unfunded tax cuts. The pound, the most liquid method for betting … Read more

NASA Delays Artemis I Moon Launch Again on Tropical Storm Risk

During the test, two hydrogen leaks emerged as engineers fueled the SLS rocket, as well as other technical issues. While one of the leaks eventually abated after some troubleshooting, the second leak that cropped up later in the test would have prevented a launch if NASA had hoped to fly that day.

Bond selloff risks liquidation of world’s most crowded trades – BofA

A Bank of America logo is pictured in the Manhattan borough of New York City, New York, US, January 30, 2019. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 23 (Reuters) – Global government bond losses are on course for the worst year since 1949, and this year’s bond crash … Read more