Migrants find tips on Chinese version of TikTok for long trek to U.S.-Mexico border

By Echo Wang and Mica Rosenberg FRONTON, Texas -Lihua Wu’s journey to the United States started when she scrolled past the words “The Route”, one of several common hashtags on Douyin, the Chinese counterpart of TikTok, advising migrants on the irregular overland trek across Latin America to the United States, also known online as “the…

Read More

Chevron could raise oil output in Venezuela by 50%, CEO says

By Sabrina Valle and Marianna Parraga HOUSTON (Reuters) – U.S. oil producer Chevron Corp could raise its production in Venezuela this year by up to 50%, to 150,000 barrels of oil per day (bpd), without significant new investments, Chief Executive Michael Wirth said on Friday. The second-largest U.S. producer in November became the first U.S….

Read More

How Sudan’s military factions set path to war as mediation stalled

By Khalid Abdelaziz, Nafisa Eltahir and Aidan Lewis KHARTOUM (Reuters) -Alarmed that movements of rival military factions in Sudan could bring bloodshed, a group of mediators pushed for last-ditch talks between army chief Abdel Fattah al-Burhan and paramilitary commander General Mohamed Hamdan Dagalo two weeks ago. But neither of Sudan’s two most powerful men showed…

Read More

Signature Bank failure due to ‘poor management,’ US FDIC report says

(Reuters) – Last month’s failure of New York-based Signature Bank was caused by “poor management” and a pursuit of “rapid, unrestrained growth” with little regard for risk management, the Federal Deposit Insurance Corporation said on Friday in a report detailing its supervision and regulation of the regional bank. Bank management and its board chased growth…

Read More

Russian Finance Minister: Hitting budget deficit of 2% of GDP depends on oil and gas – agencies

(Reuters) – Russia’s forecast of a 2023 budget deficit of no more than 2% of gross domestic product (GDP) remains in force but much depends on oil and gas revenues, Finance Minister Anton Siluanov was quoted as saying on Friday. “So far, these benchmarks are unchanged, but to say that it will be exactly 2%,…

Read More