SEOUL (Reuters) -North Korea’s Kim Yo Jong, sister of leader Kim Jong Un, said on Monday that the United States should avoid any “foolish act” that could put its security at risk and rejected offers of talks as a ploy, state news agency KCNA reported. Kim made her comments after White House national security adviser…
BERLIN (Reuters) – Germany’s economic output may shrink slightly this year due to the energy price shock and tightening financial conditions, the International Monetary Fund (IMF) said on Monday. Gross domestic product is expected to regain momentum gradually in 2024 and 2025, as the lagged effects of monetary tightening gradually dissipate and the economy adjusts…
By Sam Tobin LONDON (Reuters) – Singer Elton John appeared by videolink in a London court on Monday to give evidence at Oscar-winning actor Kevin Spacey’s sexual assault trial. Spacey, 63, has pleaded not guilty at London’s Southwark Crown Court to 12 charges of sexual offences allegedly committed against four men in Britain between 2001…
By Sarita Chaganti Singh and Shivangi Acharya GANDHINAGAR, India (Reuters) – Debt restructuring talks made little progress during the third finance meeting of the G20 countries in India as the bloc was unable to overcome key differences and low attendance due to domestic issues adding to the roadblocks. The finance ministers of the G20 countries…
By Vivian Sequera CARACAS (Reuters) – The families of Venezuelan migrants lost in the Caribbean sea are demanding their government investigate the disappearance of their loved ones after years of stasis. At least 150 people have gone missing in connection with a series of vessels which have sunk between Venezuela’s north coast and islands in…
By Elisha Bala-Gbogbo and Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s inflation rose for the sixth month in a row in June, to 22.79% year-on-year from 22.41% in May, putting pressure on the central bank to tighten policy further when it meets to set interest rates next week. Next week’s meeting will be the first since…
By Adnan Abidi and Gabrielle Fonseca Johnson NEW DELHI (Reuters) – People living near a river running through India’s capital began returning to their homes on Monday as floodwaters receded five days after the Yamuna overflowed into the city. The Yamuna River rose to its highest in 45 years last week following unusually heavy rainfall…
By Aniruddha Ghosh and Roshan Abraham (Reuters) -J.P.Morgan, Morgan Stanley and Citigroup trimmed China’s growth forecast for 2023 after the country’s economy grew at a weaker pace in the second quarter, with its post-COVID momentum unravelling rapidly. Data on Monday showed China’s economy grew 6.3% in the second quarter on a year-on-year basis, accelerating from…
By Dan Williams JERUSALEM (Reuters) – Israeli Prime Minister Benjamin Netanyahu pledged to crack down on Monday against threatened no-shows for military reserve duty by opponents of his judicial overhaul plan, saying such actions were anti-democratic and risked emboldening the country’s foes. With the religious-nationalist coalition set to ratify a key reform before parliament goes…
LONDON (Reuters) – Morgan Stanley revised down its China 2023 economic growth forecast by 0.7 percentage points to 5% on Monday after the country reported a “weak” second quarter GDP reading. Adding that government was also being slow to provide stimulus, Morgan Stanley’s analysts said: “Market scepticism on China’s growth outlook is on the rise”….
