By Andrew Gray LUXEMBOURG (Reuters) – EU foreign policy chief Josep Borrell expressed confidence on Monday that the bloc would finalise a plan within days to buy ammunition for Ukraine after Kyiv expressed frustration at wrangling among EU member states. “Yes, still there is some disagreement. But I am sure everybody will understand that we…
By Aidan Lewis and Khalid Abdelaziz KHARTOUM (Reuters) – Fighting in Sudan since April 15 has killed hundreds of people, sparked a humanitarian crisis with thousands fleeing their homes and prompted foreign countries to evacuate their citizens for fear of an all-out civil war in an already unstable region. WHAT TRIGGERED THE VIOLENCE? Tension had…
QUITO (Reuters) – Ecuadorean opposition lawmakers and President Guillermo Lasso – or his lawyer – are scheduled to testify this week in impeachment hearings that could see the conservative former banker censured and removed from office. WHAT IS THE PRESIDENT ACCUSED OF? Lasso, who has an antagonistic relationship with lawmakers, is accused of political responsibility…
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – The Russian central bank is expected to hold rates at 7.5% on Friday, a Reuters poll showed, with the risk of inflationary pressure picking up limiting the bank’s room for manoeuvre on any monetary easing. Last year, the bank gradually reversed a late February emergency rate…
By Libby George LONDON (Reuters) -Brazil’s business and political leaders are pressing the case in Europe for investment in the Latin American oil producer as they seek to quell concerns over leftist President Luiz Inacio Lula da Silva’s high-priced spending wishlist. Rebounding commodity prices and a hawkish, independent central bank made Brazil an emerging market…
JERUSALEM (Reuters) – Israel’s foreign minister called on Monday for the prosecution of a Jordanian lawmaker held on suspicion of trying to smuggle weapons into the occupied West Bank. Sunday’s arrest of Imad al Adwan at an Israeli-controlled border crossing threatened new strains on the neighbours’ almost three-decade-old relations, often tested by Israel’s policies toward…
ISTANBUL (Reuters) – Turkish inflation will dip to 46.4% by end-2023, a Reuters poll showed on Monday, while the policy rate is seen rising to 24% next quarter after upcoming elections that pose the greatest challenge to President Tayyip Erdogan’s 20-year rule. Turkey’s consumer price index surged in the wake of a currency crisis sparked…
By Ernest Scheyder SANTIAGO (Reuters) -Chilean President Gabriel Boric’s plan to nationalize his country’s immense lithium industry is putting the spotlight on an emerging crop of filtration technologies aimed at revolutionizing how the metal is produced for the electric vehicle industry. In a national prime time address, Boric said last Thursday a new state-owned company…
By Marc Jones LONDON (Reuters) – France’s central bank governor François Villeroy de Galhau has pushed back against criticism of central banks’ increasing involvement in the fight against climate change, calling the issue a “must have” focus. “Climate-related risks are clearly among the long-term risks to which financial institutions are exposed: monitoring these risks is…
By Lucila Sigal BUENOS AIRES (Reuters) – In Argentina’s mountainous north, a strong pipeline of lithium projects close to coming online looks set to unlock a wave of production that could see its output of the key electric vehicle battery metal as much as triple within the next two years. The world’s fourth largest producer…
