By Nelson Acosta HAVANA (Reuters) -Iranian President Ebrahim Raisi met with Cuban counterpart Miguel Diaz-Canel on Thursday, his last stop on a three-nation Latin American tour aimed at shoring up support among Latin American allies saddled, like Iran, by U.S. sanctions. Raisi told reporters at a trade forum in Havana early on Thursday that Cuba…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales unexpectedly rose in May as consumers stepped up purchases of motor vehicles and building materials, which could help to stave off a dreaded recession in the near term. While other data on Thursday showed first-time applications for state unemployment benefits holding steady last week at more…
(Reuters) -Electric vehicle maker Rivian Automotive expects demand for its pickups and sport-utility vehicles to remain stable through the year, it’s finance chief said, even as higher borrowing costs and fears of recession have dented demand across the industry. Rivian shares were up 4% at $15.33 late Thursday afternoon. Rivian is also ramping up production…
By Roberto Samora SAO PAULO (Reuters) – Top food producer Brazil will start stocking up on food staples, a government agency said on Thursday, as the leftist administration of President Luiz Inacio Lula da Silva makes good on last year’s campaign trail promise to curb food inflation. In a bid to increase public storage capacity,…
By Jacqueline Thomsen (Reuters) -The U.S. Senate on Thursday narrowly confirmed civil rights lawyer Nusrat Choudhury to the U.S. District Court for the Eastern District of New York, making her the first Bangladeshi-American and female Muslim federal judge in the United States. Choudhury, the legal director of the American Civil Liberties Union (ACLU) of Illinois,…
ACCRA (Reuters) – The International Monetary Fund (IMF) said on Thursday that Ghana’s economy is showing signs of stabilization, with softening inflation, an increase in international reserves and a less volatile exchange rate. The IMF statement was issued at the end of a week-long visit to the country as part of regular engagements under Ghana’s…
By Emilio Parodi MILAN (Reuters) – Italy’s cabinet on Thursday approved a justice reform aimed at strengthening the rights of defendants, measures long advocated by former Prime Minister Silvio Berlusconi who died this week after years of legal battles with prosecutors. The bill, which Giorgia Meloni’s rightist government dedicated to Berlusconi, curbs the use of…
By Andrew Gray BRUSSELS (Reuters) – NATO chief Jens Stoltenberg on Thursday left open the prospect that his term may be extended as senior officials from alliance member countries openly endorsed the idea – including one of his potential successors. Stoltenberg’s term has already been prolonged three times and he is due to step down…
By Matt Spetalnick and Simon Lewis WASHINGTON (Reuters) – The U.S. sharpened its criticism of Russia’s record on human trafficking on Thursday, citing Moscow’s treatment of conscripts and Ukrainian children, in an annual report on countries that Washington says are failing to protect victims. The State Department’s 2023 Trafficking in Persons report kept Russia on…
By Antonio Bronic ZADAR, Croatia (Reuters) – Croatian tourism officials are anticipating a record year for the sector after the country joined Europe’s free-movement Schengen zone in January, which has boosted the number of visitors to its picturesque Adriatic coast. Tourism accounts for 20% of Croatia’s economy and following a slump during the COVID-19 pandemic,…
