Wells Fargo Bank branch is seen in New York

Boris Johnson urged to end talks after Barnier offers to hand back just 18% of fish – poll

Brexit: Jeremy Vine caller slams EU fishing in British waters Post-Brexit trade talks remain at an impasse with fisheries remaining one of the key stumbling blocks ahead of the official December 31 deadline. EU chief Brexit negotiator Michel Barnier has stood firm of fishing rights and has reportedly offered to hand back between 15 and 18 […]

IMF warns Japan against deepening negative interest rates

By Leika Kihara TOKYO (Reuters) – Interest rate cuts may do more harm than good to Japan’s economy hit by fallout from the coronavirus pandemic, a senior International Monetary Fund official said, warning the central bank against pushing rates deeper into negative territory. Odd Per Brekk, deputy director of the IMF’s Asia and Pacific department, […]

Chile economic activity down 3.3% in November as mining slumps

SANTIAGO (Reuters) – Chile’s economic activity <CLACTI=ECI> dropped 3.3% in November, led by a slump in mining activity, the central bank said on Thursday, and officials predicted low growth for the coming year as the country reels from anti-government unrest. Protests have rocked Chile, the world’s top copper producer, for two months, leaving 26 dead […]