Parliament elects Bounleua Sinxayvoravong as part of government reshuffle

Central will make greater use of FX swaps as deputy governor says inflation will fall

Exposure to global spillovers likely making UK inflation worse, says MPC member

Jordan says Swiss central ready to prevent “second-round effects” becoming entrenched

The 14th summit of BRICS, an emerging-market group that includes Brazil, Russia, India, China and South Africa, will be held this week in virtual format under the theme of “Foster High-quality BRICS Partnership, Usher in a New Era for Global Development” under China’s chairmanship.

…The European Central Bank is determined to nip “in the bud” any fragmentation in borrowing costs between eurozone countries, its president Christine Lagarde said on…

…took place in the early 2010s. Donohoe, who is also Ireland’s finance minister, said the bloc now has stronger foundations that will enable it…

…and iron ore prices in the second half of 2022,” the US bank said in a report. Analysts at JPMorgan expect prices to average $140…

…to sport’s biggest prizes. “Why let your money sit in a bank ,” he asks, “if you’ve got the energy to make a difference…