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ABUJA (Reuters) – Nigeria’s Senate amended a law on Saturday to allow the federal government to borrow more money from the central bank, just days before incoming President Bola Tinubu takes office. The changes, adopted during an emergency session, will allow the government to increase its overdraft at the Central Bank of Nigeria to 15%…
(Reuters) – Russia on Saturday blamed Kosovo, the United States and European Union for escalating tensions in the Balkans and said it was watching with concern after violent clashes between Kosovan police and protesters opposed to ethnic Albanian mayors. The United States and allies on Friday rebuked Kosovo, saying the use of force to install…
(This May 26 story has been corrected to remove the incorrect reference to Fargo as the state capital, in paragraph 2) By Nathan Layne (Reuters) – North Dakota Governor Doug Burgum is planning to enter the 2024 presidential race, joining a growing field of candidates hoping to topple Donald Trump and secure the Republican nomination,…
By James Pomfret and Jessie Pang HONG KONG (Reuters) – One of Hong Kong’s biggest democratic parties said on Saturday it would disband after a vote by its party members, dealing another blow to the city’s already beleaguered democratic opposition under pressure from China. In recent years, Hong Kong’s opposition has been hit by a…
By Brad Brooks and Daniel Trotta LUBBOCK, Texas (Reuters) – Republican Texas Attorney General Ken Paxton lashed out on Friday against his critics trying to impeach him, saying that removing him from office would be a gift for President Joe Biden and his Democratic agenda. Paxton, a conservative firebrand and ally of former President Donald…
By Jacqueline Thomsen WASHINGTON (Reuters) -Two members of the far-right Oath Keepers were sentenced to prison on Friday for their roles in the deadly Jan. 6, 2021, assault on the U.S. Capitol by supporters of Donald Trump who tried to overturn his presidential election defeat. Kenneth Harrelson and Jessica Watkins were convicted in November by…
By Gabriella Borter and Sharon Bernstein (Reuters) – State legislatures are wrestling with how much to restrict or expand abortion access after the U.S. Supreme Court overturned Roe v. Wade last year. Here is a snapshot of pending and passed legislation seeking to restrict or protect access in 2023. RESTRICTIONS FLORIDA: Florida Governor Ron DeSantis…
By Jarrett Renshaw WASHINGTON (Reuters) – U.S. President Joe Biden and House Republican Speaker Kevin McCarthy are nearing a deal to lift the debt ceiling that would trim some U.S. federal spending. While talks are fluid, the general contours of the deal have taken shape. Here’s what we know so far: A CAP ON DISCRETIONARY…
By Marc Jones and Nevzat Devranoglu LONDON/ANKARA (Reuters) – As Turkey’s lira hit a record low ahead of the country’s election decider on Sunday, the currency is looking increasingly dysfunctional with investors concerned about what may be in store if Tayyip Erdogan secures another decade in power. ‘Erdonomics’, as the 69-year old president’s unorthodox, growth-chasing…
By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) -Japan on Friday announced its mid-term economic policy framework, featuring Prime Minister Fumio Kishida’s “new capitalism” priorities, such as efforts to stem a declining birthrate with increases in childcare spending. The outline, which will serve as a backbone for the government’s economic policy set to be finalised…
