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May 5, 2021
(Refiles to restore missing bracket) Alfonso Durazo, former security minister and candidate for governor in Sonora, is pictured during an interview with Reuters in Mexico City, Mexico April 22, 2021. Picture taken April 22, 2021. REUTERS/Edgard Garrido HERMOSILLO, Mexico (Reuters) - Mexican President Andres Manuel Lopez Obrador’s clashes with business elites have helped him to the cusp of mid-term election triumph, but also undermined investment and economic recovery from the coronavirus pand...
May 5, 2021
Political turmoil in Chad has cast doubt over the Central African oil producer's efforts to agree relief on its nearly $3 billion debt burden, widely seen as a test case for a global plan to help the world's most indebted countries.
May 5, 2021
6 Min Read JOHANNESBURG (Reuters) - Political turmoil in Chad has cast doubt over the Central African oil producer’s efforts to agree relief on its nearly $3 billion debt burden, widely seen as a test case for a global plan to help the world’s most indebted countries. Members of the security forces patrol Chads capital NDjamena following the battlefield death of President Idriss Deby in NDjamena, Chad April 26, 2021. REUTERS/Zohra Bensemra/File Photo Six months ago, the Group of 20 (G20) m...
May 4, 2021
Diplomatic moves to ease transatlantic air travel could unleash fierce competition to entice passengers back into near-empty cabins at a time when tottering airlines can ill afford a price war in the world's richest aviation market.
May 3, 2021
7 Min Read WASHINGTON (Reuters) - Within a span of six hours last week, U.S. President Joe Biden and Federal Reserve Chair Jerome Powell embarked on a potentially historic course, pairing massive government spending and ultra-easy monetary policy in an effort not just to rescue the economy from a recession but to reset its trajectory. FILE PHOTO: U.S. President Joe Biden addresses a joint session of Congress as Vice President Kamala Harris and Speaker of the House U.S. Rep. Nancy Pelosi (D-CA) ...
April 29, 2021
6 Min Read BUDAPEST/PRAGUE (Reuters) - Central Europe’s rate setters for the most part look set to weather a looming spike in inflation and let their economies rebound with a vengeance from the COVID-19 shutdown, propelled by strong domestic demand, investments and European Union funds. FILE PHOTO: People enjoy the evening outside a bar after the Hungarian government allowed the reopening of outdoor terraces, as the spread of the coronavirus disease (COVID-19) continues in Budapest, Hungary, ...
April 29, 2021
6 Min Read ANKARA (Reuters) - Despite its fury with the United States for calling the Ottoman massacre of Armenians a genocide, Turkey is for now avoiding a showdown which could hurt its fragile economy and scupper hopes of better ties with U.S.-allied Arab states. FILE PHOTO: Members of the Armenian diaspora rally in front of the Turkish Embassy after U.S. President Joe Biden recognized that the 1915 massacres of Armenians in the Ottoman Empire constituted genocide in Washington, U.S., April 2...
April 28, 2021
share Print Afghan security forces broke up an alleged Chinese espionage ring in December that was operating in Kabul and trying to infiltrate terrorist networks in the country. The Afghan government said little about the issue besides acknowledging the arrests. Beijing publicly denied knowledge of the group’s activities. But Afghan officials later told journalists the spy cell had been operating for up to seven years in the country and had been seeking the help of the Haqqani network -- a Pa...
April 28, 2021
What's a fair price when you are selling something to yourself? On Wall Street, that's not a trick question.
April 26, 2021
5 Min Read (Reuters) - New U.S. bank credit benchmarks are expected to gain traction in the coming months as the deadline to phase out exposure to the discredited Libor approaches, even as regulators continue to push an alternative called the Secured Overnight Financing Rate (SOFR). FILE PHOTO: A U.S. dollar note is seen in front of a stock graph in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo Investors are facing a year-end deadline to stop basing new ...