Advanced economies led by the United States will increasingly drive global growth while emerging countries are at risk of slowing due to tighter U.S. monetary policy, the International Monetary Fund said in a note obtained by Reuters on Wednesday. In the surveillance note, prepared for the Group of 20 meeting […]
Tag: US
Nigeria seeks advisers for $100 mln diaspora bond
Nigeria is looking for an international bank and a local lender to act as financial advisers for a $100 million diaspora bond to be issued by the end of the year, the Debt Management Office said on Wednesday. The advisers will coordinate investor road shows and support the bond’s registration […]
U.S. housing recovery loses a step as pending home sales fall
Contracts to purchase previously owned U.S. homes fell for the second straight month in July, a sign that rising mortgage rates are taking the steam out of America’s housing market recovery. The National Association of Realtors said on Wednesday its Pending Homes Sales Index, based on contracts signed last month, […]
