Thousands of Czechs took to the streets to protest against planned changes to the pension system that may include raising the retirement age to rein in budget spending.
Asset managers are being advised by their lawyers not to adapt portfolios to planned ESG rules that would force many to abandon the label.
The Czech Republic kept borrowing costs unchanged as investors look for signals about the timing and pace of interest-rate cuts that may start once inflation eases below 10%.
Treasury Secretary Janet Yellen is planning to tell US lawmakers that the Biden administration’s proposed international aid spending in Ukraine annd elsewhere is critical to strengthening Washington’s leadership abroad and advancing US security interests.
Sri Lanka’s economic meltdown was one for the history books. At its cataclysmic height last summer, protesters stormed the presidential palace in Colombo, jumping in the pool, taking selfies in the kitchen and refusing to leave until top officials resigned.
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