By Borja Suarez ARGUINEGUIN, Spain (Reuters) – A total of 227 migrants were rescued on Thursday near Spain’s Canary Islands, emergency services said, one day after migrant charities said they feared more than 30 migrants had died after their inflatable dinghy sank on the same route. The Canary Islands off the coast of West Africa…
PARIS (Reuters) – The International Monetary Fund has reached its target of making $100 billion in special drawing rights available for vulnerable countries, Managing Director Kristalina Georgieva told a summit held in Paris on Thursday. Rich countries agreed in 2021 to rechannel some of their unused IMF special drawing rights, an international reserve currency, to…
PARIS (Reuters) – Following are highlights of what world leaders said at a summit in Paris on Thursday to boost crisis financing for poor countries, reform post-war financial systems and free up funds to tackle climate change. ON REFORM “Even with the capital that the World Bank and the MDBs (multinational development banks) have, there…
By Joe Cash (Reuters) – China’s Premier Li Qiang and dozens of world leaders will meet in Paris on Thursday and Friday to discuss ways to help low-income countries manage their debt burdens and free up funding for climate financing. As the world’s largest bilateral creditor, China is central to talks on making tangible progress…
(Reuters) – U.S. Treasury Secretary Janet Yellen will press world leaders to take concrete actions at a summit this week on easing the debt burdens of low-income nations, a senior Treasury Department official said on Wednesday. Yellen will lead the U.S. delegation to the Paris meeting on Thursday and Friday. French President Emmanuel Macron also…
By Krishna N. Das and Edward McAllister NEW DELHI (Reuters) -Gambia will make it mandatory for all pharmaceutical products from India to be inspected and tested prior to shipment from July 1, according to Gambian government documents reviewed by Reuters, the first known restrictions on national exports following the deaths of dozens of children linked…
By John Irish, Elizabeth Pineau and Bate Felix PARIS/DAKAR (Reuters) – After armed men killed nine Chinese nationals at a gold mine in Central African Republic in March, a video circulated on the internet saying France had secretly ordered the attack and planned to discredit Russian mercenary group Wagner in the country. In the video,…
NEW YORK (Reuters) – The International Monetary Fund is encouraged by the progress in discussions between Zambia and its official creditors, and an agreement could be reached “within a few days,” the fund said in a statement on Tuesday. “We are very encouraged by the significant progress being made in discussions between official creditors and…
By Joanna Plucinska and Valerie Insinna PARIS (Reuters) – India dominated the Paris Airshow for a second day on Tuesday, as Air India finalised a huge order for 470 planes from Airbus and Boeing. The agreement, when sketched out in February, was the largest ever plane deal by number of aircraft. But it was surpassed…
(Repeats fixing typo in last quote) By Libby George LONDON (Reuters) – Cautious optimism in the developing world that wealthier countries and China had finally fixed the tortuous process of sovereign debt restructurings is fizzling again. Debt crisis veterans gave a weary thumbs up in April to plans to galvanize the G20-led “Common Framework” –…
