SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Thursday the country’s inflation targets were excessively rigid and renewed criticism of the central bank for high interest rates ahead of a meeting that will set its 2026 inflation goals. Lula’s remarks came as financial markets closely watch the National Monetary Council’s…
(Reuters) – Army General Sergei Surovikin, nicknamed “General Armageddon” by the Russian media for his reputed ruthlessness, is among senior generals who have disappeared from public view since Saturday’s failed mutiny aimed at toppling the top brass. The burly, shaven-headed 56-year-old was last seen on Saturday when he appeared in a video, looking uncomfortable and…
ATHENS (Reuters) -Alexis Tsipras, the one-time leftist firebrand who stormed to power on an anti-austerity agenda in Greece in 2015, stepped down from the helm of the Syriza party after 15 years on Thursday, following a heavy election defeat. At the height of Greece’s deep economic crisis, Tsipras, known for sporting his no-tie look, rode…
By Andrew Osborn LONDON (Reuters) -Russia’s most senior generals have dropped out of public view after a failed mercenary mutiny aimed at toppling the top military brass, amid a drive by President Vladimir Putin to reassert his authority. Unconfirmed reports say that at least one person has been detained and is being questioned. Armed forces…
By Tetsushi Kajimoto and Jihoon Lee TOKYO/SEOUL (Reuters) – Japan and South Korea agreed on Thursday to revive a $10-billion currency swap deal, a symbolic but significant step as the countries’ leaders seek to improve long-strained ties amid increasing geopolitical risks. The deal was struck between Japanese Finance Minister Shunichi Suzuki and his South Korean…
A look at the day ahead in U.S. and global markets from Mike Dolan Emboldened by still-punchy U.S. economic activity, the Federal Reserve is gradually gaining market traction with a campaign to flag two more interest rate rises this year – bolstering the dollar, particularly in Asia. And after a mixed week for chip stocks,…
By Steve Scherer OTTAWA (Reuters) – Canada is expected to boost military spending after a government review next month, but the increase is unlikely to comfort allies facing new threats and it could further undermine the country’s international military credibility, policy analysts said. Canada’s lagging military investments are well known, but threats have grown more…
By Tetsushi Kajimoto TOKYO (Reuters) – Japan will not rule out any options in responding to currency market moves that become excessive, Finance Minister Shunichi Suzuki said on Thursday, firing off a fresh warning and adding that one-sided, unstable yen moves were undesirable. The comments come amid market speculation that authorities could intervene again to…
By Kanishka Singh WASHINGTON (Reuters) -Over half of Americans surveyed in the last year reported facing online harassment and hate during their lifetime, including more than 75% of transgender responders, advocacy group Anti-Defamation League (ADL) said on Wednesday. ADL’s fifth such annual survey showed that reports of online hate and harassment over the last 12…
By Jesús Aguado and David Latona MADRID (Reuters) -The U.S. Federal Reserve is still monitoring the situation in the banking industry “very carefully” to address potential vulnerabilities, such as in the commercial real estate sector, Fed Chair Jerome Powell said on Thursday. “We are very reluctant to say” if the sector’s turmoil is over, Powell…
