South Africa’s Kganyago Welcomes Finance Minister Reappointment

-- South African central bank Governor Lesetja Kganyago welcomed the reappointment of Finance Minister Enoch Godongwana in the new coalition cabinet unveiled by the president this week.

The South African Reserve Bank has kept interest rates at 8.25% at each of its three monetary policy committee meetings so far this year amid uncertainty before the elections, which opinion polls showed being tightly contested. Justice Clarence Thomas used the Supreme Court’s ruling on presidential immunity on Monday to again request that the constitutionality of special prosecutors, like Jack Smith, be called into question. In his opinion, Thomas asked the lower courts to render a ruling on Smith and the legality of the special prosecutor’s office before they proceed with Donald Trump’s pair of federal criminal cases that Smith’s team is prosecuting. No other justice signed onto Thomas’ opinion.

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Mexico’s Finance Minister Pledges Moderation in London MeetingsMexico’s finance minister met with investors in London this week to reassure them that President-elect Claudia Sheinbaum will moderate the impact of a planned judicial overhaul and reach its goal for a smaller deficit, according to people with knowledge of the discussions.
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Japan’s Finance Minister Repeats Warnings After Yen Hits Lowest Since 1986(Bloomberg) -- Japan will take appropriate action as needed to defend its currency as it watches out for sudden, one-sided moves, Finance Minister Shunichi...
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Japan’s Finance Minister Repeats Warnings After Yen Hits Lowest Since 1986Japan will take appropriate action as needed to defend its currency as it watches out for sudden, one-sided moves, Finance Minister Shunichi Suzuki told reporters after the yen slid to the lowest level versus the dollar since 1986.
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Chambers Named Irish Finance Minister With McGrath Tapped for EUIrish government leaders named Jack Chambers as finance minister Tuesday to replace Michael McGrath, who has been nominated by the cabinet to serve as the country’s next European commissioner.
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