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Canada investigates fatal embassy explosion in Nigeria, issues travel alert

LAGOS (Reuters) -Canada is investigating an explosion at its embassy in Nigeria that killed two people, Foreign Minister Melanie Joly said on Monday, as Ottawa joined Washington and London in issuing a warning against nonessential travel to the West African nation. “We can confirm there was an explosion at our High Commission in Nigeria. The …

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Bond yields rebound, stocks edge up as last week’s rally fades

By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) – A gauge of global equities rose and Treasury yields rebounded on Monday after last week’s big rally in stocks and bonds on hopes that interest rates will soon be cut faded, with markets assessing an improving but still uncertain outlook for growth and inflation. The …

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South Africa recalls diplomats from Israel to assess its position -minister

By Carien du Plessis and Bhargav Acharya PRETORIA (Reuters) -South Africa is recalling diplomats from Israel to assess its relationship with the country amid a rise in civilian casualties from its war with the Palestinian militant group Hamas, its foreign minister said on Monday. South Africa has long been an advocate for peace in the …

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Blinken urges Congo, Rwanda to de-escalate -State Department

(Reuters) – U.S. Secretary of State Antony Blinken on Monday spoke separately with Democratic Republic of Congo President Félix Tshisekedi and Rwandan President Paul Kagame and urged both to de-escalate tensions, the State Department said. Blinken discussed the volatile situation and worsening humanitarian crisis along the border between the two nations and urged both sides …

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US-Africa program should be extended through 2041, Senate Democrat says

By Makini Brice WASHINGTON (Reuters) -A trade program that grants exports from qualifying African countries duty-free access to the U.S. market should be extended by 16 years, said Democratic Senator Chris Coons, a leading voice on U.S.-Africa policy. Talks are underway for the renewal of the two-decade-old African Growth and Opportunity Act (AGOA), which is …

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Dollar rebounds, Fed officials take center stage

By Karen Brettell NEW YORK (Reuters) – The U.S. dollar edged higher against the euro on Monday, after earlier dipping to an almost 8-week low on growing expectations that the Federal Reserve is done hiking interest rates, with U.S. central bank officials in focus this week for further signals on rate policy. Fed Chairman Jerome …

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Athletics-Semenya case referred to European rights court’s grand chamber

(Reuters) – The European Court of Human Rights (ECHR) announced on Monday that the case involving double 800 metres Olympic champion Caster Semenya will be heard by its Grand Chamber for a final ruling following a referral request from the Swiss government. Semenya, 32, wants to hold the sport’s governing World Athletics body to account …

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Egypt moves to shore up tourism sector in shadow of Gaza war

By Aidan Lewis LONDON (Reuters) – Egypt is offering incentives to shore up its tourism industry in southern Sinai on the Red Sea, with fallout from the conflict in the Gaza Strip so far contained to under 10% of bookings in the country, the Egyptian tourism minister said on Monday. Tourism, a key source of …

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Rafah crossing re-opens for limited evacuations from Gaza

GAZA/CAIRO (Reuters) -Dozens of foreign passport holders and some medical evacuees passed through the Rafah crossing from Gaza into Egypt on Monday after evacuations resumed following a two-day suspension, three Egyptian security sources said. The Gaza border authority had said earlier that Egyptians and foreign citizens already on pre-approved lists issued since last Wednesday would …

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South African rand weakens after week of gains; shares edge higher

JOHANNESBURG (Reuters) -The South African rand slipped on Monday, giving back some of the gains the currency made last week on hopes for the end of the U.S. Fed’s tightening cycle. At 1654 GMT, the rand traded at 18.3025 against the dollar, 0.25% weaker than its previous close. The rand has jumped around 2% against …

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