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Yellen 'eager' to work with China on debt, other global challenges

U.S. Treasury Secretary Janet Yellen said on Sunday she was "eager" to work with China on areas of mutual interest, including debt restructurings for poorer countries, and that multilateral development banks needed reforms before capital increases could be considered. ....

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Turkey increases fuel tax as it bolsters stretched budget

Turkey raised tax on petrol on Sunday to help to fund a 1.12 trillion lira ($42.2 billion) increase to its 2023 budget after February's earthquakes and the May presidential election sent spending soaring. ....

Ali Kucukgocmen , David Goodman , Tayyip Erdogan , Thomson Reuters Trust Principles , President Tayyip Erdogan , Ece Toksabay , Nevzat Devranoglu Editing , Diane Craft , Thomson Reuters Trust , Repi Refining , Repi Transport Fuels ,

China's response not encouraging on G20 common framework for debt, source says

China has not given an encouraging response so far on reaching a common understanding with the G20 bloc on the issue of restructuring the debt of vulnerable countries, a source aware of the matter said on Sunday. ....

Aftab Ahmed , Hugh Lawson , Shivam Patel , Thomson Reuters Trust Principles , Common Framework , Thomson Reuters Trust ,

Zambia's economic growth to slow in 2023 but debt restructure on track– budget plan

The Zambian economy is expected to grow by just 2.7% in 2023 from 4.7% in 2022, as contractions in mining and energy drag on growth, a budget plan released by the ministry of finance showed on Sunday. ....

Hugh Lawson , Alexandra Hudson , Chris Mfula , Felix Nkulukusa , Kopano Gumbi , International Monetary Fund , Thomson Reuters Trust Principles , Treasury Felix Nkulukusa , Thomson Reuters Trust ,

Morning Bid: Will China GDP spoil the party?

A Reuters poll of economists suggests growth slowed significantly. ....

United States , Jamie Mcgeever , Goldman Sachs , Thomson Reuters Trust Principles , Morgan Stanley , New Zealand , Thomson Reuters Trust , Reuters News , Trust Principles , Mrng Ap ,