Latest

US Fed official urges proactive approach on rates to boost jobs market
US Fed official urges proactive approach on rates to boost jobs market
Economy
by  AFP

The US central bank should preemptively address worsening labor market conditions by lowering interest rates, a top Federal Reserve official said Tuesday, warning that policymakers risk running "behind the curve." She warned that a shock could tip the labor market into a sudden and significant deterioration.

EU proposes new delay to anti-deforestation rules
EU proposes new delay to anti-deforestation rules
Economy
by  AFP

The EU said Tuesday it will seek a new one-year delay to sweeping anti-deforestation rules cheered by green groups but assailed by key trading partners from the United States to Indonesia. But the ban has faced opposition from trading partners, including Brazil and the United States, and some EU capitals, amid concerns over red tape, costs and lack of clarity over some aspects of the law.