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EXPLAINER -Why Italy's bond spread over Germany has dropped below 100 basis points
Italian-German 10-year yield spread falls below 100 bpsLatest move follows deal to sharply increase German borrowingYield gap surged above 500 bps during 2011 euro debt crisisBy Stefano Rebaudo March 5 (Reuters) - The closely-watched premium investors demand to hold Italy's 10-year bonds over...Reuters
Wed, Mar 5
Canada requests WTO consultations with US over 'unjustified tariffs', says ambassador
By Olivia Le Poidevin GENEVA, March 5 (Reuters) - Canada has requested consultations with the United States on "unjustified tariffs" at the World Trade Organization, Canada's ambassador to the WTO in Geneva said on Wednesday."The U.S. decision leaves us with no choice but to respo...Reuters
Wed, Mar 5
ANALYSIS-Trump tariffs threaten to derail Canada's economic recovery
Two years of economic growth may be wiped off permanentlyUnemployment could rise to 8% from 6.6% in January, analysts sayAt least 90% chance of Bank of Canada cutting rates next weekTrump said more tariffs coming after Canada's retaliationBy Promit Mukherjee OTTAWA, March 5 (Reuters) - U....Reuters
Wed, Mar 5
ANALYSIS-Mexico's Sheinbaum popularity may insulate her from tariff devastation
Trump's tariffs could cost Mexico $42 billion in exports, 4% GDP hitSheinbaum's approval rises to 85% amid U.S. tariff tensionsMexican remittances act as economic buffer amid trade warBy Emily Green, Stephen Eisenhammer and Cassandra GarrisonMEXICO CITY, March 5 (Reuters) - President Donald ...Reuters
Wed, Mar 5
Canada requests WTO consultations with US over 'unjustified tariffs', says ambassador
GENEVA, March 5 (Reuters) - Canada has requested consultations with the United States on 'unjustified tariffs' at the World Trade Organization, Canada's Ambassador to the WTO in Geneva said on Wednesday."The U.S. decision leaves us with no choice but to respond to protect Canadian in...Reuters
Wed, Mar 5
UK 10-year gilt yields rise after German parties propose big spending plan
LONDON, March 5 (Reuters) - British government borrowing costs climbed on Wednesday following a selloff in long-dated German bonds after the parties aiming to form the country's new government said they wanted to relax debt rules to allow for higher spending. The two parties likely to lead Ge...Reuters
Wed, Mar 5
Germany could keep top credit score despite vast spending plan, analyst says
BERLIN, March 5 (Reuters) - Germany could keep its top credit score despite a financial package worth hundreds of billions of euros planned by the parties hoping to form the country's next government, a Scope analyst told Reuters on Wednesday.The conservatives and the Social Democrats (SPD) agre...Reuters
Wed, Mar 5
UK services job cuts intensify before employment tax hike, PMI survey shows
By Suban Abdulla LONDON, March 5 (Reuters) - British services firms in February cut staff at the fastest pace since 2020 ahead of tax and minimum-wage hikes that come into effect next month, an industry survey showed on Wednesday.The preliminary reading of the UK S&P Composite Purchasing Mana...Reuters
Wed, Mar 5
Trump says the US will impose its reciprocal tariffs on April 2
President Donald Trump announced on Tuesday night that the United States will begin enforcing reciprocal tariffs on April 2, planning to match the trade barriers imposed by Europe, China, India, Mexico, and Canada.Cryptopolitan
Wed, Mar 5
ANALYSIS-Sony, Suntory build U.S. stockpiles as Japan faces Trump tariff threat
For the first time, Trump hints at Japan-aimed dutiesSome companies shift production to United StatesOthers ship inventory, split supply chainsTariff expertise in demand, recruiter saysBy Tim Kelly, Kentaro Okasaka and Rocky Swift TOKYO, March 5 (Reuters) - Japanese electronics giant Sony and dri...Reuters
Wed, Mar 5
