By Aidan Lewis and Khalid Abdelaziz CAIRO (Reuters) – Shooting their way through truces, Sudan’s warring factions have shown the limited leverage the United States, Saudi Arabia and other foreign powers have in ending a two-month conflict that is driving the nation deeper into disaster. Neither the army nor the paramilitary Rapid Response Forces (RSF)…
MANAGUA (Reuters) – Iranian President Ebrahim Raisi arrived in Nicaragua on Tuesday, according to state media, marking his second stop on a three-nation Latin American tour. Nicaragua’s Foreign Minister Denis Moncada received Raisi at the airport, state media said, adding the Iranian leader traveled with his wife and a delegation made up of ministers and…
By Zeba Siddiqui (Reuters) – A U.S. surveillance program aimed at countering foreign threats that intelligence officials have used to spy on Americans faced resistance from both Republicans and Democrats at a Senate hearing to discuss its renewal on Tuesday. President Joe Biden’s administration has backed renewal of the program, effected through the 2008 statute…
By Stephanie Kelly NEW YORK (Reuters) -Oil prices climbed over 3% on Tuesday on hopes for growing fuel demand after China’s central bank lowered a short-term lending rate for the first time in 10 months, boosting crude prices after steep losses the previous session. The rate cut is aimed at adding momentum to a hesitant…
NEW YORK (Reuters) – HSBC Holding plc is seeking to become a leading bank for venture capital firms and startups globally after building a large team of technology and healthcare bankers in the United States, Hong Kong and Israel, a senior executive said. The bank is already doing venture-type lending to startup companies in India…
GENEVA (Reuters) – Nearly 3,800 people died on migration routes within and from the Middle East and North Africa last year, the highest number recorded there since 2017, according to data published on Tuesday by the International Organization for Migration (IOM). The United Nations migration agency’s Missing Migrants Project (MMP) recorded 3,789 deaths in 2022…
LONDON (Reuters) – Analysts at leading investment banks expect Turkey’s new economic chiefs to start ramping up interest rates next week as part of a major reset of the country’s economic policies. President Recep Tayyip Erdogan, re-elected last month, has just appointed former U.S. banker Hafize Gaye Erkan as the new central bank governor. She…
By Nayera Abdallah and Nadine Awadalla CAIRO (Reuters) – Egypt is allocating 127.7 billion Egyptian pounds ($4.14 billion) for its sprawling food subsidy programme out of a 3 trillion pound budget for the financial year starting on July 1, a document seen by Reuters on Tuesday showed. Egypt, a nation of 105 million people, is…
By Deisy Buitrago and Vivian Sequera CARACAS (Reuters) -Iran and Venezuela want to increase bilateral trade to $20 billion, up from $3 billion, Iranian President Ebrahim Raisi said on Monday during a visit to Caracas. During the visit the two countries signed a memorandum of understanding to expand cooperation in petrochemicals with a view to…
By Arshad Mohammed (Reuters) – The United States and Iran are not discussing an interim nuclear deal, a U.S. official said on Monday, but Washington has told Tehran of steps that might trigger a crisis and also those that may create a better climate between the long-time antagonists. “There are no talks about an interim…
