By Felix Njini and Tiemoko Diallo NAIROBI (Reuters) – Some of Mali’s top gold producers said a new law to allow the military-led government to increase its ownership of mines should not apply to existing operations, but analysts said it was likely to deter future investment. In line with a rise in resource nationalism across …
Miners hope to keep ‘gold shining’ in Mali despite ownership law Read More »
By Kanishka Singh WASHINGTON (Reuters) -The United States on Tuesday called on the Central African Republic to announce a date for local elections and added that Washington held “deep reservations” about a July 30 constitutional referendum in the country. “The United States notes with deep reservations reports of low voter participation and concerns over secrecy …
US calls on Central African Republic to announce date for local elections Read More »
By Laura Sanicola (Reuters) -Oil prices settled lower on Tuesday as investors remained focused on the likelihood that China’s economic malaise will keep hobbling demand from the world’s top crude importer. Brent crude settled down 43 cents, or 0.5% at $84.03 a barrel while the more active U.S. West Texas Intermediate October contract slipped 48 …
Oil prices settle lower on nagging worries about Chinese demand Read More »
By Karin Strohecker and Koh Gui Qing NEW YORK/LONDON (Reuters) -A comeback rally in global stocks fizzled on Tuesday as benchmark Treasury yields hit a near 16-year high on concerns that interest rates could stay higher for longer, which kept the safe-haven dollar firm near 10-week highs. The MSCI All Country stock index gave up …
Global stock rally pauses, U.S. yields touch new peaks Read More »
By Felix Onuah ABUJA (Reuters) – The United Nations children’s agency, UNICEF, plans to commit $270 million to Nigeria’s humanitarian and poverty alleviation efforts and pledged to help set up an emergency operation centre, its executives said on Tuesday. The government of President Bola Tinubu wants to lift 133 million citizens out of poverty, Minister …
UNICEF to commit $270 million to support poverty alleviation in Nigeria Read More »
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar edged higher against a basket of currencies on Tuesday, nearing a two-month peak touched last week, as traders awaited the Jackson Hole Symposium later in the week. The U.S. dollar index – which measures the currency against six major counterparts – was up 0.2% at …
Dollar firmer as traders look to Jackson Hole gathering Read More »
By Bhargav Acharya and Gabriel Araujo JOHANNESBURG (Reuters) -BRICS leaders met on Tuesday to plot the future course of the bloc of developing nations but divisions re-emerged ahead of a critical debate over a potential expansion of the group intended to boost its global clout. Heightened tensions in the wake of the Ukraine war and …
BRICS divisions re-emerge ahead of critical expansion debate Read More »
(Reuters) – United Nations Libya envoy Abdoulaye Bathily said on Tuesday that “a unified government, agreed upon by the major players, is an imperative for leading the country to elections”, an apparent shift from an earlier position that elections should come first. Libya’s internationally recognised Government of National Unity (GNU) in Tripoli has not been …
UN Libya envoy urges ‘unified government’ for election in apparent shift Read More »
N’DJAMENA (Reuters) – A Chadian rebel group on Tuesday threatened to stand up to the country’s military-led government, days after another rebel group announced an end to a 2021 ceasefire that prompted the interim president to move to the frontline. Tensions have flared again on Chad’s northern border with Libya, where fighting between rebels and …
Chad rebel group threatens military-led government Read More »
SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Tuesday he wanted Argentina to join the BRICS group of emerging countries, as Brazil’s neighbor struggles with a lack of foreign reserves. “It is very important for Argentina to be in BRICS,” Lula said in a live broadcast on social media as he …
Brazil’s Lula in favor of Argentina joining BRICS bloc Read More »
