NAIROBI (Reuters) – Kenya will sign a trade pact with Russia aimed at boosting cooperation between businesses, President William Ruto’s office said on Monday, after hosting Russian Foreign Minister Sergei Lavrov in Nairobi. Russia has stepped up its drive to boost economic ties with Africa to help offset a big chill in relations with the…
By Karin Strohecker and Libby George LONDON (Reuters) – The top policymaker picks of Turkey’s re-elected president Tayyip Erdogan are taking centre stage as markets try to gauge whether he will change course towards economic orthodoxy or double down on policies widely viewed as unsustainable. Erdogan is widely expected to use his victory in Sunday’s…
By Kanishka Singh WASHINGTON (Reuters) -The U.S. House Rules Committee said it will meet on Tuesday afternoon to discuss the debt ceiling bill, which needs to pass a narrowly divided Congress before June 5, when the U.S. Treasury says it would run short of money to cover all its obligations. Democratic President Joe Biden and…
By Jason Lange WASHINGTON (Reuters) – The U.S. is rapidly approaching the deadline for Congress to pass a deal, reached over the weekend by Democratic President Joe Biden and top congressional Republican Kevin McCarthy, to suspend the government’s $31.4 trillion debt ceiling or risk a catastrophic default. WHEN WAS THE DEBT CEILING REACHED? Washington regularly…
By Dave Graham LOS REYES ACAQUILPAN, Mexico (Reuters) – Mexico’s ruling party next month looks likely to seize one of the last major opposition strongholds in a gubernatorial election that could also help determine its candidate to succeed leftist President Andres Manuel Lopez Obrador next year. On June 4, voters must choose between two women…
By Jessie Pang HONG KONG (Reuters) – A Hong Kong Court on Monday rejected an application to terminate a landmark national security trial against media tycoon Jimmy Lai, a case that could see him spend the rest of his life in prison if convicted. Jimmy Lai, 75, is the founder of now shut pro-democracy newspaper…
By Steve Gorman (Reuters) – In the 2015 sci-fi film “The Martian,” Matt Damon stars as an astronaut who survives on a diet of potatoes cultivated in human feces while marooned on the Red Planet. Now a New York company that makes carbon-negative aviation fuel is taking the menu for interplanetary cuisine in a very…
By Issam Abdallah and Burcu Karakas ANKARA/ISTANBUL (Reuters) – President Tayyip Erdogan’s election victory showed the magnetic hold he still has over millions of Turks after 20 years in power, with many believing he is the man best placed to fix problems which critics say are partly of his own making. Hundreds of thousands of…
By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria’s new president Bola Tinubu faces a litany of problems, including widespread violence, double-digit inflation and industrial-scale oil theft. His victory is being challenged in court by his two main rivals in February’s election, and analysts say he may need to reach out to opponents to help heal a…
(Reuters) – Belarusian President Alexander Lukashenko said that if any other country wanted to join a Russia-Belarus union there could be “nuclear weapons for everyone”. Russia moved ahead last week with a plan to deploy tactical nuclear weapons in Belarus, in the Kremlin’s first deployment of such warheads outside Russia since the 1991 fall of…
