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UK finance minister Sunak, 39, next in line to lead country after Raab

LONDON, April 7 (Reuters) - British finance minister Rishi Sunak would take responsibility for leading the country if Dominic Raab, currently standing in for hospitalised Prime Minister Boris Johnson, were also incapacitated. Johnson spent a night in intensive care receiving oxygen treatment following his admission to hospital with a persistent hig

Lebanon Speaker Berri to cbank: people's deposits are "sacred"

BEIRUT, April 7 (Reuters) - The Speaker of Lebanon's Parliament told Central Bank Governor Riad Salameh on Tuesday that people's bank deposits were "sacred" and must not be touched. A financial crisis that has crippled Lebanon for months saw it default on its hefty foreign-currency debt for the first time and launch restructuring talks in late Marc

Brazil's retail sales post pre-coronavirus surge in February

By Jamie McGeever BRASILIA, April 7 (Reuters) - Retail sales in Brazil surged in February, recording their biggest rise for that month in six years, with consumers' urge to spend yet to be affected by the looming coronavirus crisis, official figures showed on Tuesday. Sales volumes excluding cars and building materials jumped 1.2% in February from

Hungary cbank raises collateralised loan rates, launches bond buying

BUDAPEST, April 7 (Reuters) - Hungary's central bank on Tuesday unexpectedly raised its collateralised loan rates and launched an asset-buying programme to support the economy, hit by the coronavirus pandemic and measures to curb its spread. While the bank kept its base rate and overnight deposit rates unchanged, it raised its overnight collaterali

Mexico annual inflation eases in March, comes in below expectations

MEXICO CITY, April 7 (Reuters) - Mexican consumer prices rose 3.25% in the year through March, the national statistics agency said on Tuesday, coming in closer to the central bank's 3% target rate and below analyst expectations. The inflation rate eased from 3.70% in February, weighed by energy prices and a decline in government subsidies. It under


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