Canada's banking regulator is expected to make an announcement regarding the interest rate used in a key stress test for uninsured mortgages this morning.
Winter Storm Knocks Out Power in Five US States, Tornadoes Hit SouthRussia’s Asian Oil Flows Show Signs of Wobbling After SanctionsMcDonald's Strikes Solar Deal to Power US Supply ChainEuropean Gas Prices Rise as Another Cold Snap Approaches RegionChina’s EV Exports Won’t Be a Mostly Tesla Story for Much
LongerEx-Billionaire Loses Bid to Block Extradition in UK’s Top CourtOil steadies after part of Keystone restarts and dollar surgesOctopus Signs Deal With Shell to Buy Power From Giant Wind FarmGermany Eyes Arrival of First LNG Vessel to Ease Gas CrunchThe UK Is Cutting Red Tape to Build a Power Grid That Runs on Wind, Not Gas
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Despite recession fears, tourist spending is expected to grow in 2023 - BNN BloombergInternational visitors boosted spending in the world’s most-visited cities this past year and were one of the keys contributors to driving their recovery, according to the Top 100 City Destinations Index 2022.
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U.S. Fed downshifts to half-point hike, sees 5.1% rate next year - BNN BloombergThe U.S. Federal Reserve downshifted its rapid pace of interest-rate hikes while signaling that borrowing costs, now the highest since 2007, will outstrip investors’ expectations as the central bank works to rein in inflation.
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