WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen reaffirmed the strength and soundness of the country’s banking system in a meeting with bank CEOs on Thursday, a Treasury Department statement said. During the meeting with more than two dozen CEOs and executives convened by the Bank Policy Institute, Yellen also discussed the “urgent need” for…
By Patricia Zengerle WASHINGTON (Reuters) – The chairman of the U.S. House of Representatives Foreign Affairs Committee said on Thursday he accepted the State Department’s invitation to view a classified cable related to the August 2021 withdrawal from Afghanistan and would “pause” attempts to enforce a subpoena to obtain it. “In light of this invitation,…
By Libby George LONDON (Reuters) – Turkey’s lira weakened to a record low against the dollar on Thursday, after incumbent Tayyip Erdogan’s lead in presidential elections surprised markets, while the nation’s sovereign dollar bonds steadied after a three-day post-election rout. The cost of insuring the country’s debt against default fell slightly, but equity markets and…
WASHINGTON (Reuters) -The U.S. Air Force intends to award a contract in 2024 for its sixth-generation fighter jet as it races to retain its edge against rapid advances in Chinese military technology, the service said on Thursday. Lockheed Martin Corp, Boeing Co and Northrop Grumman Corp are expected to compete for the Next Generation Air…
KHARTOUM (Reuters) -Heavy air strikes pounded southern areas of Sudan’s capital on Thursday as clashes flared near a military camp, witnesses said, in fighting that has displaced nearly 1 million people and left residents of Khartoum struggling to survive. Air strikes by the army targeting the paramilitary Rapid Support Forces (RSF) were heard across several…
WASHINGTON (Reuters) – U.S. Senate Majority Leader Chuck Schumer said on Thursday that lawmakers from his chamber should be ready to return to Washington on 24-hours notice during next week’s recess, as debt ceiling talks make progress toward a possible deal to avoid default. (Reporting by David Morgan; Editing by Chris Reese)
MEXICO CITY (Reuters) -Chile’s lithium miner SQM is set to start talks about lithium projects with state miner Codelco in the coming weeks, the firm’s Chief Executive Officer Ricardo Ramos told analysts in a quarterly earnings call on Thursday. Ramos said the exact dates would soon be shared with the market. The Chilean government had…
By Kirstin Ridley and Stefania Spezzati LONDON (Reuters) – Credit Suisse came close to falling below minimum levels of cash held at the Swiss central bank days before its forced takeover by UBS, a regulatory document shows. As of mid-March 2023, Credit Suisse barely reached its internal cash limit at the Swiss National Bank. A…
By Helen Coster NEW YORK (Reuters) – CNN is getting more Republicans on the air as it seeks political diversity, the chief executive of parent company Warner Bros Discovery said on Thursday, adding he and CNN chief Chris Licht have told Republicans “they’re not going to get one more vote on Fox News.” “Our view…
By Mai ShamsElDin and El Tayeb Siddig CAIRO (Reuters) – After surviving weeks of fighting in Khartoum, Sanaa Mahmoud has finally got her family to safety in Cairo but says her daughter still wakes up at night screaming because of the gunfire and airstrikes that rocked her neighbourhood. “They saw everything, the gunfire was falling…
