Clashes in Sudan’s capital shatter lull brought by ceasefire deal

By Khalid Abdelaziz and Nafisa Eltahir DUBAI (Reuters) -Clashes between rival military factions broke out on Wednesday in Sudan’s capital Khartoum, residents said, threatening to shatter a fragile ceasefire designed to allow for the delivery of aid and create conditions for a more lasting truce. The ceasefire deal, which is being monitored by Saudi Arabia…

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Exclusive: Fast-fashion giant Shein plans Mexico factory – sources

By Krystal Hu and Arriana McLymore (Reuters) – Online fashion giant Shein is exploring plans to build a factory in Mexico as one of its manufacturing hubs outside China, sources familiar with the matter told Reuters, as the company faces increased scrutiny from U.S. lawmakers and looks to expand its Latin America footprint. The factory,…

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Montenegro court scraps bail for crypto entrepreneur Do Kwon

SARAJEVO (Reuters) – A higher court in Montenegro on Wednesday scrapped bail of 800,000 euros ($880,640) previously granted to Do Kwon, a cryptocurrency entrepreneur charged in the U.S. with a multibillion-dollar fraud, and his ally pending a trial. Do Kwon, a South Korean national, is the former CEO of South Korea-based Terraform Labs, the company…

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UN rights chief asks Sudan’s generals to stop ‘senseless violence’

By Emma Farge GENEVA (Reuters) – The United Nations human rights chief on Wednesday described the situation in Sudan as “heartbreaking” and made a direct call to the two warring generals to stop sexual violence and spare the lives of civilians. Fighting in Sudan that broke out more than a month ago has killed hundreds…

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IMF Managing Director says she does not expect a rapid shift in US dollar reserves

DOHA (Reuters) – The International Monetary Fund’s managing director said on Wednesday she does not expect there to be a rapid shift in reserves of the US dollar. Asked about de-dollarisation of the world, Kristalina Georgieva said: “We don’t expect a rapid shift in reserves because the reason the dollar is a reserve currency is…

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US lawmakers view Afghanistan ‘dissent’ cable, dispute continues

By Patricia Zengerle and Simon Lewis WASHINGTON (Reuters) -The leaders of the U.S. House of Representatives Foreign Affairs Committee on Tuesday privately viewed a classified cable related to the August 2021 U.S. withdrawal from Afghanistan, as the panel’s Republican chairperson and State Department grapple over providing access to the document. Representatives Michael McCaul, the panel’s…

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