By Marc Jones LONDON (Reuters) – An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according to an Invesco survey of central bank and sovereign wealth funds published on Monday. The financial market rout last year caused widespread losses for sovereign money…
TEGUCIGALPA (Reuters) – A UN mission of experts arrived in Honduras to examine the establishment of an international anti-corruption mission in the Central American nation, which is plagued by widespread corruption that exacerbates poverty and immigration, Honduran authorities announced Sunday. Leftist President Xiomara Castro pledged during her campaign to install an anti-corruption commission known as…
By Mai Nguyen HANOI (Reuters) -New electric vehicles from Tesla and rivals are being engineered for efficiency in a way that cuts copper content, changes that could limit demand growth for the metal as the next-generation of EVs hits the road, industry analysts say. The strong ramp-up in sales for EVs, led by growth in…
By Candelaria Grimberg SALLIQUELO, Argentina (Reuters) – Argentina inaugurated on Sunday the first stage of a gas pipeline that will carry natural gas from the Vaca Muerta formation in western Argentina to Santa Fe province by way of Buenos Aires province, an essential work to reverse the country’s significant energy deficit. Vaca Muerta, a massive…
(Reuters) – Colombia’s government has reached an agreement to begin peace talks with a faction of dissident Revolutionary Armed Forces of Colombia (FARC) rebels who rejected a 2016 peace agreement, according to a statement. A temporary ceasefire between the government and the dissident faction of the now-demobilized FARC, which is made up of approximately 3,500…
VATICAN CITY (Reuters) – Pope Francis announced on Sunday that he would induct 21 churchmen to the high rank of cardinal in September. The following are set to become cardinals: Cardinal Electors under 80 1 – Archbishop Robert Prevost, American, Vatican official, head of the Dicastery for Bishops 2 – Archbishop Claudio Gugerotti, Italian, Vatican…
By Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) – French mining group Eramet is in talks with several European carmakers over commercial agreements that would help the company finance its lithium production project in Argentina, Chief Executive Officer Christel Bories said. The race for lithium, a key raw material used to make batteries for electric vehicles, is…
TAIPEI (Reuters) – Paraguay’s president-elect, Santiago Pena, will visit Taiwan this week and meet “great friend” President Tsai Ing-wen, he said on Sunday, shoring up a relationship at a time China is working to entice the island’s dwindling allies. Paraguay is the last South American country with formal relations with Taiwan. The island, claimed by…
MEXICO CITY (Reuters) – Mexican oil company Pemex estimates that a deadly fire on a major offshore platform off the southern edge of the Gulf of Mexico has led to the loss of 700,000 barrels of crude oil production so far, while one person remains missing, the CEO of the state company, Octavio Romero, said…
By Sofia Menchu GUATEMALA CITY (Reuters) – The Organization of American States (OAS) condemned the Guatemalan Constitutional Court’s (CSJ) decision to continue reviewing the results of June 25 elections, where political party challenges have delayed the official results to determine who will compete in an August 20 runoff. According to preliminary results, anti-graft candidate Bernando…
