JAKARTA (Reuters) - The world risks a
"great fracture" of its economic and financial systems, U.N. Secretary-General António Guterres said on Thursday at a summit with Southeast Asia's ASEAN bloc, China, the United States and others in Indonesia.
He called for a mechanism to provide relief for debt-strapped developing economies, to include payment suspensions, longer lending terms and lower interest rates. At a Paris summit in June this year, world leaders backed a push for multilateral development banks like the World Bank to put more capital at risk to boost lending.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China Seeks $40 Billion Fund to Drive Chipmaking, Reuters SaysChina is seeking to raise a $40 billion fund to bankroll investments in domestic chipmaking and research, Reuters reported, citing unidentified people familiar with the matter.
Read more »
China's exports, imports likely contracted more slowly in August: Reuters pollBEIJING (Reuters) - China's exports likely contracted at a slower pace in August, a Reuters poll showed on Tuesday, highlighting that manufacturers ...
Read more »
Mexico's core inflation to fall to lowest level since late 2021 in August: Reuters pollMEXICO CITY (Reuters) - Mexican inflation likely slowed in August for the seventh straight month, with the closely watched core index expected to ...
Read more »
Thomson Reuters, Blackstone, others to sell $2.9 billion LSEG shares(Reuters) - Investors in the London Stock Exchange Group, including Blackstone and Thomson Reuters, are launching a sale of roughly 28.3 million shares ...
Read more »
Blackstone, Thomson Reuters Plan £2.3 Billion LSE Share SaleA consortium of investors including Blackstone Inc. and Thomson Reuters Corp. are looking to sell about £2.3 billion ($2.9 billion) worth of stock in London Stock Exchange Group Plc.
Read more »
LSEG investors Thomson Reuters, Blackstone to sell £2.3-billion worth of shares in bourse operatorThe consortium aims to sell a total of about 43.1 million shares over time in LSEG through the offering, a directed buyback and a sale of call options, bookrunners said
Read more »