Monday, May 4, 2026

International Finance

Category : Economy

Economy

US Fed hikes interest rate

International Finance Desk
by International Finance Desk
The hike is only the second since 2008  IFM Correspondent December 15, 2016: Citing an improving economy, the US Federal Reserve raised its key interest rate on December 14 for the first time in 2016 by a quarter percentage point. In a statement after a two-day meeting, the Fed said policymakers unanimously agreed to lift...
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Economy

Brexit may change growth rate from 2.2% to 1.4%

International Finance Desk
by International Finance Desk
UK companies to benefit from cut in corporation tax IFM Correspondent November 25, 2016: Chancellor Philip Hammond delivered the last Autumn Statement this year and said that the government is focused on preparing and supporting the economy as they begin to write a new chapter in the country’s history. Hammond spoke about tackling the weaknesses in...
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Economy

Italy to push for ties with Iran

International Finance Desk
by International Finance Desk
Remains undaunted by Trump’s election as US president IFM Correspondent November 24, 2016: In a rebuttal to US president-elect Donald Trump, Italy’s industry minister pledged to support business deals with Iran potentially worth billions of dollars. Iran re-joined the global business scene in January this year after the US decided to lift sanctions on the...
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Economy

Brexit means Brexit, EU tells UK

International Finance Desk
by International Finance Desk
EU voices impatience with a lack of clarity from UK PM on what she expects IFM Correspondent November 24, 2016: European Parliament leaders told London’s Brexit negotiator on Tuesday that Britain should expect to be shut out of cooperation in areas it values once it leaves the European Union. David Davis met Guy Verhofstadt, the...
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Economy

The real shopping season sales killer

International Finance Desk
by International Finance Desk
Chargeback volumes can increase by as much as 50% during the holiday season Monica Eaton-Cardone November 24, 2016: With the holiday season just around the corner, merchants are preparing for the most active online shopping time of the year. But, while many focus on marketing and deals, retailers and issuers face a bigger overlooked issue...
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