By Libby George LONDON (Reuters) – Foreign investors piling into Asian fixed income and stocks propelled emerging market portfolio inflows to $10.4 billion in May, offsetting Chinese bonds suffering a third straight month of outflows, the Institute of International Finance (IIF) found. The fifth consecutive month of positive foreign investor cash flows to emerging markets…
AMSTERDAM (Reuters) – The International Court of Justice (ICJ) will allow 32 states to submit written opinions in a case in which Ukraine accused Russia of falsely applying genocide law to justify its invasion of its neighbour. The U.N.’s top court in a statement released on Friday said countries had until July 5 to give…
By Geert De Clercq PARIS (Reuters) -A modern-day pilgrim on a walking tour of France’s cathedrals told journalists on Friday his Catholic faith gave him the strength to fight a man who stabbed four children in a park in Annecy. Dubbed “the backpack hero” – “le héros au sac a dos” – by media, the…
WASHINGTON (Reuters) – A U.S. official said American spy satellites detected an explosion at Ukraine’s Kakhovka dam just before it collapsed and unleashed a torrent of flood water into surrounding areas this week, the New York Times reported on Friday. The official said that satellites equipped with infrared sensors detected a heat signature consistent with a…
BRUSSELS (Reuters) – NATO allies on Friday condemned Russia’s decision to withdraw from the Treaty on Conventional Armed Forces in Europe (CFE). “Russia’s decision to withdraw from the CFE Treaty is the latest in a series of actions that systematically undermines Euro-Atlantic security,” the alliance said in a statement. “Russia’s decision further demonstrates Moscow’s continued…
(Reuters) – UBS and the Swiss government agreed on Friday on how they will share losses linked to the bank’s emergency takeover of Credit Suisse, clearing the way for the deal to close in the coming days. Here are some of the key points of the agreement: * The guarantee covers a volume of around…
By Jeff Mason WASHINGTON (Reuters) – The United States and five of its allies on Friday condemned the use of trade practices that amount to economic coercion in a joint declaration that did not single out other countries but appeared to be aimed at China. Australia, Britain, Canada, Japan, and New Zealand jointly released the…
HOLA PRYSTAN, Russian-controlled Ukraine (Reuters) – Pensioner Maria Mikhailovna says she was woken by her husband in the middle of the night to find their belongings underwater after the collapse of Ukraine’s giant Nova Kakhovka Dam. “The water in the house was at waist level. At midnight everything had been dry – both inside and…
LONDON (Reuters) – WikiLeaks’ founder Julian Assange has lost his latest attempt to fight extradition from Britain to the United States where he is wanted on criminal charges, though he will renew his appeal next week. Assange, 51, is wanted by U.S. authorities on 18 charges relating to WikiLeaks’ release of vast troves of confidential…
ROME (Reuters) – Pope Francis is progressing with his post-operation recovery, the Vatican said on Friday, adding that he was able to get out of bed and do some work from hospital. In a statement, the Vatican spokesman Matteo Bruni said Francis spent “most of the morning in an armchair. This allowed him to read…
