By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar edged higher on Tuesday in choppy trading, with no clear direction, as investors kept an eye on debt ceiling talks to avert a possible default that could reverberate across asset markets and damage confidence in the world’s largest economy. The dollar index, a measure of the …
Dollar drifts higher as US debt ceiling in spotlight Read More »
By Wendell Roelf CAPE TOWN (Reuters) -South African President Cyril Ramaphosa said on Tuesday that Russian President Vladimir Putin and Ukraine’s Volodymyr Zelenskiy had agreed to meet a group of African leaders to discuss a potential peace plan for the conflict. Details of the plan have not been publicly divulged, although Ukraine’s stated position for …
Russia, Ukraine to receive African mission on potential peace plan, Pretoria says Read More »
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed lower on Tuesday and benchmark Treasury yields extended their rise as mixed economic data, weak corporate results and ongoing debt ceiling negotiations in Washington dampened investor risk appetite. While all three major U.S. stock indexes ended down, the tech-heavy Nasdaq’s losses were held in check …
Wall St ends lower, Treasury yields climb as debt ceiling talks in spotlight Read More »
JOHANNESBURG (Reuters) – South Africa’s rand weakened on Tuesday, after data released earlier in the day showed a rise in first-quarter unemployment figures, providing a steer on the health of the local economy after a week of market turbulence. At 1515 GMT the rand traded at 19.0900 against the dollar, about 0.34% weaker than Monday’s …
South African rand dips after unemployment data, turbulent market Read More »
WINDHOEK (Reuters) – Namibia’s Supreme Court ruled on Tuesday that the government must recognise the unions of same-sex couples who married in countries where it was legal for them to do so, even though same-sex marriage remains illegal in Namibia itself. The ruling, which drew mixed reactions in the socially conservative country, was in sharp …
Namibia’s top court recognises same-sex marriages formed elsewhere Read More »
ABIDJAN (Reuters) – It was love at first sight for Viviane Kouame when, as a teenager growing up in Ivory Coast, she first saw cocoa trees with ripe pods on their trunks that reminded her of babies clinging to their mothers’ backs. She decided cocoa would be a part of her life, and in 2021 …
Ivory Coast entrepreneur pours love and patriotism into fine chocolate Read More »
By Karolina Tagaris SALAMINA, Greece (Reuters) – In working-class neighbourhoods on the outskirts of Athens, Spiros Richard Hagabimana is going door-to-door in an election campaign that could see him become Greece’s first Black lawmaker. It is a remarkable journey for Hagabimana, who just eight years ago was jailed in his native Burundi for refusing to …
Burundi-born ex-police officer seeks to be Greece’s first Black lawmaker Read More »
MAIDUGURI, Nigeria (Reuters) – At least 20 people, mostly women and children, were killed and several houses burned by armed attackers in a village in Nigeria’s central Plateau state, residents and a state official said on Tuesday, in the latest communal violence in the region. Plateau is one of several ethnically and religiously diverse hinterland …
Armed attackers in Nigeria kill 20, mostly women and children Read More »
By Sonia Rolley KINSHASA (Reuters) – The World Bank has suspended funding for humanitarian and development projects in Democratic Republic of Congo worth more than $1 billion after the government dissolved the project fund without warning, the lender said. The suspension will affect more than 600,000 beneficiaries, including victims of sexual violence, the World Bank …
World Bank suspends $1 billion worth of project funding in Congo Read More »
BENGHAZI, Libya (Reuters) -Libya’s eastern-based parliament voted on Tuesday to replace Fathi Bashagha as prime minister, its spokesperson said, after he failed to take office in Tripoli where the incumbent Abdulhamid al-Dbeibah has refused to cede power. The parliament assigned Bashagha’s finance minister Osama Hamad to take over his duties, parliament spokesperson Abdullah Belhaiq said, …
Libyan parliament replaces its appointed PM, spokesperson says Read More »
