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As US wildfires rage, Trump staff cuts force firefighters to clean toilets, critics say
US Forest Service downsizes, loses 15% of workforceFirefighters face shortages after 1,400 support staff leave, critics sayUSFS says firefighters ready for above-normal fire year predictionBy Andrew HayJuly 21 (Reuters) - The U.S. Forest Service faced criticism from current and former employees who ...Reuters
Mon, Jul 21
Spain's BBVA says expects acceptance period for Sabadell bid to start in September
MADRID, July 21 (Reuters) - Spain's BBVA BBVA.MC expects the acceptance period for its takeover bid for smaller rival Sabadell SABE.MC to start in early September, rather than at the end of July as initially planned, a spokesperson for BBVA said on Monday.The spokesperson for BBVA said this woul...Reuters
Mon, Jul 21
Nigeria's economy expanded 3.13% y/y in first quarter
ABUJA, July 21 (Reuters) - Nigeria's economy expanded by 3.13% year-on-year in the first quarter of 2025, the statistics office said on Monday, following the rebasing of its gross domestic product to better align with the current economic landscape.The economy grew to 372.822 trillion naira ($24...Reuters
Mon, Jul 21
NY Fed survey finds easier access to auto loans, mortgage refinancing
By Michael S. Derby July 21 (Reuters) - U.S. households fared far better when applying for credit for mortgage refinancing or auto loans in June, new figures on credit access from the Federal Reserve Bank of New York show.The bank said Monday that rejected applications for mortgage refinancing dr...Reuters
Mon, Jul 21
REFILE-Foreign investors buy nearly 100 bln euros of euro zone debt in May, Citi says
By Yoruk BahceliLONDON, July 21 (Reuters) - Euro zone debt saw nearly 100 billion euros ($116 billion) of buying from outside the bloc in May, Citi said citing European Central Bank data, the latest sign that euro assets are benefitting from a shift away from U.S. markets.The 97 billion euros of net...Reuters
Mon, Jul 21
BoC surveys show business fears of tariff impacts are easing
The Bank of Canada (BoC) released triplicate survey reports on Monday, with the Q2 Business Outlook Survey showing less direct tariff impact in Q2 compared to Q1, while the BoC Business Leaders' Pulse showed less export-focused firms expect worst-case tariff scenarios than before.Fxstreet
Mon, Jul 21
TREASURIES-US government bonds rally on short covering, tariff concerns
Uncertainty over trade talks prompts safe-haven demandDemand also likely coming from investors covering short betsLight economic calendar this weekBy Davide Barbuscia NEW YORK, July 21 (Reuters) - U.S. Treasuries rallied on Monday, pushing yields lower, as investors likely unwound short positions...Reuters
Mon, Jul 21
Fed adds video tour footage to building renovation information page on website
July 21 (Reuters) - The Federal Reserve on Monday added footage of a video tour of the two historic buildings it is renovating at its Washington headquarters campus amid criticism from the White House over cost overruns for the project.The 6-minute, 23-second video indicates it was recorded on July ...Reuters
Mon, Jul 21
