Münchener Post - Economy (English)

G20 host Brazil launches alliance to end 'scourge' of hunger

Brazilian President Luiz Inacio Lula da Silva opened a G20 summit in Rio by launching an alliance to curb world hunger, which he called a "scourge that shames humanity."

Stocks, dollar hesitant as traders scale back US rate cut bets

European and Asian stock markets moved mostly lower Monday after a pre-weekend retreat on Wall Street as investors scaled back bets for US interest-rate cuts, fearing Donald Trump's policies could reignite inflation.