Bloomberg President Joe Biden and Juan Guaido plan to speak remotely during the Summit of the Americas this week, after the US declined to invite the Venezuela opposition leader to participate in the meeting in person. Biden was likely to hold a video call with Guaido, Brian Nichols, assistant secretary of state for Western Hemisphere Affairs, said to Venezuelan online ...

  Bloomberg India’s central bank raised the key interest rate for a second straight month and pledged to withdraw the pandemic-era accommodation as it steps up its fight to tame prices that have been running above its target band since beginning of year. The Reserve Bank of India’s rate setting panel unanimously raised the repurchase rate by 50 basis points ...

  Bloomberg Australia’s central bank surprised investors by raising interest rates by twice as much as forecast and committing itself to “doing what is necessary” to rein in broadening inflationary pressures. Bond yields soared and stocks falls as the Reserve Bank of Australia (RBA) raised its cash rate by 50 basis points — the biggest increase in 22 years — ...