KYIV (Reuters) -Ukraine has received cluster bombs from the United States, munitions banned in more than 100 countries, but has pledged to only use them to dislodge concentrations of enemy soldiers. Valeryi Shershen, a spokesman for the Tavria, or southern, military district on Thursday confirmed an announcement by his commander that the weapons had arrived…
By Nia Williams (Reuters) – A tornado touched down in a suburb of the Canadian capital Ottawa on Thursday, damaging an estimated 125 homes and leaving another 1600 without power but resulting in only one minor injury, emergency services said. The tornado hit Barrhaven, 17 kilometres southwest of the city centre, around 1245 p.m. ET…
SINGAPORE (Reuters) – Australia on Friday appointed Michele Bullock as the next central bank governor, replacing Philip Lowe to become the first female head of the key institution. Reserve Bank of Australia (RBA) Governor Lowe’s current seven-year term is due to finish on Sept. 17, which will now mark the end of his 43-year career…
By Wayne Cole SYDNEY (Reuters) – The head of Australia’s central bank suffered an early end to his 43-year career on Friday as past missteps in pandemic policy so tested public trust in the institution that the government felt compelled to drop him. If there’s a moral to the tale of Reserve Bank of Australia…
(Reuters) -Demand for power in Texas hit a record high for a second day in a row on Thursday as homes and business kept air conditioners cranked up during a lingering heat wave. The Electric Reliability Council of Texas (ERCOT), which operates the grid for more than 26 million customers representing about 90% of the…
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said Thursday he’s not ready to call an all clear on U.S. inflation and favors more rate rises this year, saying the upcoming July meeting should bring an increase. “The robust strength of the labor market and the solid overall performance of the…
JOHANNESBURG (Reuters) -The International Monetary Fund’s executive board has approved an immediate $189 million disbursement to Zambia following its first review of a $1.3 billion loan programme, the IMF said on Thursday. The IMF board meeting came after Africa’s second-biggest copper producer clinched a deal last month with governments abroad including China to rework about…
SYDNEY (Reuters) – Australia on Friday appointed Michele Bullock as the next central bank governor, replacing Philip Lowe. Reserve Bank of Australia (RBA) Governor Lowe’s current seven-year term is due to finish on Sept. 17, and will now mark the end of his 43-year career at the bank. (Reporting by Stella Qiu; Editing by Alasdair…
By Jonathan Spicer and Huseyin Hayatsever ANKARA (Reuters) -Canada has unfrozen talks with Turkey on lifting export controls on drone parts after Ankara gave its nod for Sweden to join NATO, a person familiar with the talks said, a move seen as one of several concessions won in exchange for the Turkish blessing. President Tayyip…
By Wayne Cole SYDNEY (Reuters) – The head of Australia’s central bank will not be reappointed for a second term as the Labor government seeks a new pair of hands for an institution scarred by criticism over sharply rising interest rates, several media outlets reported on Friday. Australian Prime Minister Anthony Albanese and Treasurer Jim…
