(Reuters) – Haiti has made “significant progress” on governance issues such as transparency, the International Monetary Fund (IMF) said on Thursday, as its management wrapped up a final review of an informal agreement to monitor its economic program. In a second and final review of its Staff-Monitored Program (SMP), approved in June last year, the…
PARIS (Reuters) – The French economy will grow 0.1% in the second quarter of the year, the INSEE statistics agency said, revising down an earlier forecast of 0.2% due to weak household spending and investment. Further out, the euro zone’s second biggest economy is projected to expand by 0.1% in the third quarter and 0.2%…
By Nicolás Misculin BUENOS AIRES (Reuters) – The Clooney Foundation for Justice has accused Venezuelan security forces of crimes against humanity against government opponents since 2014 in a legal complaint filed in Argentina on Wednesday. The foundation said that for lack of a response from Venezuelan authorities, it filed the complaint in Argentina where universal…
By Stanley Widianto JAKARTA (Reuters) -Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security. Southeast Asia, a region with a collective population of 630…
WASHINGTON (Reuters) – The United States targeted North Korea’s missile development in fresh sanctions, issuing the punitive action after South Korea earlier on Thursday said its neighbor fired two short-range missiles. The South Korean military said North Korea fired two short-range missiles off its east coast on Thursday, less than an hour after Pyongyang warned…
FRANKFURT, June 15 (Reuters) – The European Central Bank raised its key interest by 25 basis points on Thursday to 3.5% and left the door open to more hikes, extending its fight against high inflation even as the euro zone economy flags. Following are highlights of ECB President Christine Lagarde’s comments at a news conference…
By Mayela Armas, Corina Pons and Rodrigo Campos CARACAS/MADRID/NEW YORK (Reuters) – Small funds and investors outside the United States are looking to increase their exposure to Venezuelan bonds, on the expectation of debt renegotiations or of legal action tied to a looming expiry of repayment rights, investors and four financial sector sources said. Many…
By Hyonhee Shin SEOUL (Reuters) -Several thousand South Korean and U.S. troops took part in joint live-fire exercises on Thursday, in a show of force after North Korea’s failed attempt last month to launch a spy satellite ratcheted up tensions in the region. The drills, overseen by South Korean President Yoon Suk Yeol, are also…
By David Lawder MANDEVILLE, Jamaica (Reuters) -World Bank President Ajay Banga wants to focus on improving the development lender so that he can earn the right to press member countries for more capital, as the new chief looks to expand its role in fighting climate change, pandemics and other crises. Banga said in an interview…
SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Thursday his country’s economy will grow at least 2% this year, “maybe even more,” echoing upbeat forecasts from his economic team after a better-than-expected performance in the first quarter. Lula, speaking in an interview with a pool of radios from Goias state,…
