Turkey, Tunisia banks most at risk from tighter financing conditions – S&P Global

LONDON (Reuters) – Tighter global financing conditions are putting pressure on emerging market banking systems, with those in Turkey and Tunisia most at risk, ratings agency S&P Global said in a report on Monday. S&P said its base-case scenario was that Turkish banks would retain access to external funding, but with a moderate decline in …

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India government calls same-sex marriage appeals ‘urban elitist views’

By Arpan Chaturvedi NEW DELHI (Reuters) – Court appeals in India to legalise same-sex marriage are “urban elitist views”, the government has said in a new court document that seeks the dismissal of the challenge and says that parliament is the right platform to debate the matter. Prime Minister Narendra Modi’s government has already opposed …

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India’s March wholesale inflation eases to 30-month low on easing input prices

NEW DELHI (Reuters) – India’s annual wholesale-price based inflation (WPI) eased to the lowest in nearly 30 months, as input prices continued to moderate, government data showed on Monday. WPI in March was 1.34% year-on-year, lower than 3.85% in the previous month and a Reuters poll of 1.87%. In March, the food index rose 2.32% …

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China condemns US sanctions on those allegedly involved in fentanyl trade

BEIJING (Reuters) -China condemns U.S. sanctions on Chinese firms and individuals over their alleged involvement in fentanyl trade, and has lodged representations with Washington, the Chinese foreign ministry said on Monday. “China, in the spirit of humanitarianism, has been trying to help the U.S. as best it can,” spokesperson Wang Wenbin told a regular news …

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Japan’s Matsuno: Tokyo lodged protest with Russia over military drills near disputed islands

TOKYO (Reuters) – Japan’s Chief Cabinet Secretary Hirokazu Matsuno said on Monday that Tokyo had lodged a protest with Russia over its military exercises around disputed islands near Japan’s Hokkaido. Matsuno also said that Russia informed Tokyo that it would conduct missile exercises around the disputed islands between April 18 and 22. Separately, Russia last …

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Sudan’s army pounds paramilitary bases with air strikes in power struggle

By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) – Sudan’s army appeared to gain the upper hand on Sunday in a bloody power struggle with rival paramilitary forces, pounding their bases with air strikes, said witnesses. At least 97 civilians had been killed and 365 injured since the fighting in Sudan started, said one doctor’s …

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New BOJ head’s message to world: We’re staying the course – for now

(Corrects typographic error in the 20th paragraph) By Leika Kihara WASHINGTON (Reuters) -Japan’s new central bank Governor Kazuo Ueda gave a clear message to policymakers gathered for global finance meetings here over the last week: The country will remain a dovish outlier by keeping interest rates ultra-low – at least for now. Since taking the …

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