PARIS (Reuters) – President Macron hosts a summit in Paris starting Thursday to discuss reform of the world’s multilateral finance institutions in the face of climate change and other development challenges. A key topic of discussion will be suggestions from a groupof developing countries, led by Barbados, dubbed the ‘BridgetownInitiative’. The key demands of the…
By Catarina Demony (Reuters) – Brazil’s President Luiz Inacio Lula da Silva said on Thursday the European Union should stop adopting a protectionist stance if it wants to reach a long-delayed trade deal with the Mercosur bloc. The EU and the Mercosur bloc of Argentina, Brazil, Paraguay and Uruguay completed negotiations in 2019 but the…
TAIPEI (Reuters) -A U.S. Coast Guard ship sailed through the Taiwan Strait on Tuesday in a transit that China described as “public hype”, after U.S. Secretary of State Antony Blinken having wrapped up a high-profile, widely watched visit to Beijing a day earlier. The national security cutter Stratton made a “routine” Taiwan Strait transit on…
By Nandita Bose, Jeff Mason and Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden and Indian Prime Minister Narendra Modi are expected to deepen defense and technology cooperation between their countries during Modi’s official visit to the White House, despite lingering concerns about human rights in India. Two days of carefully orchestrated official events had…
By Nandita Bose WASHINGTON (Reuters) -U.S. President Joe Biden and visiting Indian Prime Minister Narendra Modi will deliver remarks and take questions from journalists on Thursday during the Indian leader’s state visit, an event a senior White House official called a “big deal” It is unusual for Modi to take questions from the media, beyond…
TEGUCIGALPA (Reuters) – Honduras will return control of most of the country’s penal system to the military police for the next year, the Central American country’s presidential office said late on Wednesday, a day after a prison riot claimed nearly 50 lives. The measure is part of a fresh crackdown on crime which includes expanding…
By Ali Kucukgocmen ISTANBUL (Reuters) -Turkey’s central bank is expected to raise its policy rate sharply on Thursday in a strong signal that re-elected President Tayyip Erdogan has accepted some steps toward economic orthodoxy to address inflation that has soared under his watch. The expected policy pivot, under new central bank chief Hafize Gaye Erkan,…
By Trevor Hunnicutt and Ted Hesson WASHINGTON (Reuters) – The Biden administration will make it easier for Indians to live and work in the United States, using this week’s state visit by Prime Minister Narendra Modi to help some skilled workers enter or remain in the country, according to three people familiar with the matter….
By Joseph Ax and Steve Gorman (Reuters) -Rescuers searching for a missing submersible near the wreck of the Titanic focused on Wednesday on a remote patch of the North Atlantic where undersea noises were detected, although officials cautioned the sounds may not have originated from the vessel. With the submersible’s air supply expected to run…
By Wayne Cole SYDNEY (Reuters) -The head of Australia’s central bank will find out in July whether he will be reappointed to a second term, as customary, or be passed over for a new leader as part of the biggest shake-up of the institution in decades. Treasurer Jim Chalmers told reporters on Thursday he would…
