Biden protects 84% of IRA clean energy grants from being clawed back
By Timothy Gardner WASHINGTON (Reuters) – U.S. President Joe Biden’s administration has protected about 84%, or $96.7 billion in clean energy grants created by its signature climate law from any clawback by the next administration, a White House official said on
Explainer-What will happen to TikTok in US as Supreme Court upholds ban?
By Sheila Dang and Jaspreet Singh (Reuters) -The U.S. Supreme Court on Friday ruled against TikTok’s bid to avoid a ban that could shut the app down in just two days and impact millions of users who rely on the platform
Factbox-Potential contenders to replace Justin Trudeau as Canadian prime minister
By David Ljunggren (Reuters) – Canada’s ruling Liberal Party is looking for a new leader to replace Prime Minister Justin Trudeau, who announced on Jan. 6 he intended to step down. The Liberal Party will pick a new chief on March 9. Former
IMF says China’s economic growth of 5% in 2024 was ‘positive surprise’
By Andrea Shalal WASHINGTON (Reuters) – China notified the International Monetary Fund on Thursday that its economy grew by 5% in 2024, IMF Chief Economist Pierre-Olivier Gourinchas told reporters, calling the development a “positive surprise” compared to the IMF’s forecast of
IMF expects more Bank of Japan interest rate hikes in 2025 and 2026
WASHINGTON (Reuters) – The Bank of Japan is expected to hike interest rates twice in 2025 and twice more in 2026, International Monetary Fund chief economist Pierre-Olivier Gourinchas said on Friday. In its latest World Economic Outlook, the IMF forecast that