By Felix Onuah and MacDonald Dzirutwe ABUJA (Reuters) -Nigeria’s new President Bola Tinubu vowed at his swearing-in on Monday to expand the economy by at least 6% a year, lift barriers to investment, create jobs and unify the exchange rate, while also tackling rampant insecurity. Tinubu inherits a struggling economy with record debt, shortages of…
By Karin Strohecker and Libby George LONDON (Reuters) – The top policymaker picks of Turkey’s re-elected president Tayyip Erdogan are taking centre stage as markets try to gauge whether he will change course towards economic orthodoxy or double down on policies widely viewed as unsustainable. Erdogan is widely expected to use his victory in Sunday’s…
By Dave Graham LOS REYES ACAQUILPAN, Mexico (Reuters) – Mexico’s ruling party next month looks likely to seize one of the last major opposition strongholds in a gubernatorial election that could also help determine its candidate to succeed leftist President Andres Manuel Lopez Obrador next year. On June 4, voters must choose between two women…
By Issam Abdallah and Burcu Karakas ANKARA/ISTANBUL (Reuters) – President Tayyip Erdogan’s election victory showed the magnetic hold he still has over millions of Turks after 20 years in power, with many believing he is the man best placed to fix problems which critics say are partly of his own making. Hundreds of thousands of…
By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria’s new president Bola Tinubu faces a litany of problems, including widespread violence, double-digit inflation and industrial-scale oil theft. His victory is being challenged in court by his two main rivals in February’s election, and analysts say he may need to reach out to opponents to help heal a…
By Deniz Uyar ISTANBUL (Reuters) – Merve Dizdar, best actress winner at the Cannes Film Festival, returned to Turkey on Sunday and was met both by cheering fans and sharp criticism, highlighting the extreme polarisation in the country. Dizdar, who delivered an emotional speech on the struggle of women in Turkey upon receiving her prize…
By Can Sezer, Ali Kucukgocmen and Huseyin Hayatsever ANKARA (Reuters) -President Tayyip Erdogan extended his two decades in power in elections on Sunday, winning a mandate to pursue increasingly authoritarian policies which have polarised Turkey and strengthened its position as a regional military power. His challenger, Kemal Kilicdaroglu, called it “the most unfair election in…
By Moira Warburton, Diane Bartz and Idrees Ali WASHINGTON (Reuters) -U.S. President Joe Biden on Sunday finalized a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025, and said the deal was ready to move to Congress for a vote. “This is a deal that’s good…
(Reuters) – (The story saying the Texas Senate on Sunday was set to begin deliberations to permanently remove from office Attorney General Ken Paxton is wrong and withdrawn. The secretary of the Senate’s office said no time has been set for the impeachment trial. There will not be a replacement story.) STORY_NUMBER: L1N37P09K STORY_DATE: 28/05/2023…
WASHINGTON (Reuters) – U.S. House Speaker Kevin McCarthy on Sunday said he expects a debt ceiling deal he struck with the White House to attract support from a majority of House Republicans. McCarthy told Fox News that more than 95% of House Republicans were very excited about the agreement and that it included pay-go restrictions…
