By Jason Lange and Nathan Layne WASHINGTON (Reuters) – Two groups allied with former President Donald Trump and Florida Governor Ron DeSantis have pumped more than $30 million into the 2024 Republican presidential race, more than five times the spending by all outside groups at the same point in the 2020 campaign, according to a…
A look at the day ahead in U.S. and global markets from Mike Dolan The glass appears half full at half time. The U.S. economy and markets look to be in rude health as they hit the midyear mark on Friday, with both stock prices and interest rates climbing in tandem and the dollar on…
KARACHI, Pakistan (Reuters) – The International Monetary Fund and Pakistan have struck a staff-level agreement for the provision on $3 billion in bailout funds under a stand-by arrangement (SBA). The deal comes under an SBA instead of Pakistan’s Extended Fund Facility (EFF) programme that the country entered in 2019 and which was set to expire…
KYIV (Reuters) – Ukrainian troops are advancing in all directions of their counteroffensive against occupying Russian forces, a senior defence official said on Friday. Since the start of the counteroffensive this month, Ukraine says it has reasserted control over clusters of villages in the southeast although Russia still holds swathes of territory in the east,…
STOCKHOLM (Reuters) – Sweden’s prime minister said on Friday his Hungarian counterpart had assured him that Budapest would not delay the Nordic country’s NATO accession, following reports that Hungary’s parliament would delay a ratification of the membership. Sweden applied last year to join NATO following Russia’s invasion of Ukraine but Turkey and Hungary have so…
KARACHI, Pakistan (Reuters) – Pakistan reached a staff-level agreement with the International Monetary Fund (IMF) to release $3 billion in critical bailout funds following a long drawn-out review process for the cash-strapped economy since November last year. The agreement is under a Stand-By Arrangement (SBA), as the existing Extended Financing Facility (EFF) programme signed in…
KYIV (Reuters) – Russia is gradually reducing the number of personnel at the occupied Zaporizhzhia nuclear power station in southern Ukraine, Ukraine’s military intelligence agency said on Friday. It did not say why some people had left and Reuters could not independently verify the information. Russia, which has occupied the plant since March 2022, did…
By Ariba Shahid (Reuters) -The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion stand-by arrangement, the lender said, a decision long awaited by the South Asian nation which is teetering on the brink of default. The deal, subject to approval by the IMF board in July, comes after…
By Lucy Craymer WELLINGTON (Reuters) – New Zealand is carefully managing its relationship with China and must avoid getting pulled from “pillar and post” amid the strategic rivalry between China and the United States, the Pacific nation’s foreign minister said on Friday. Nanaia Mahuta’s comments come as Chris Hipkins nears the end of a six-day…
By Andrew Gray and Julia Payne BRUSSELS (Reuters) -European Union leaders declared on Thursday they would make long-term commitments to bolster Ukraine’s security as President Volodymyr Zelenskiy urged them to start work on a new round of sanctions against Russia. At a summit in Brussels, the leaders restated their condemnation of Russia’s war against Ukraine…
