By Herbert Lash NEW YORK (Reuters) -The dollar rose on Friday but a gauge of global stocks retreated on a report that showed U.S. consumer sentiment slumped to a six-month low in May, reinforcing bearish investor sentiment over talks to raise the U.S. government’s debt ceiling. The dollar strengthened against the euro, yen and other …
Stocks slip as US consumer confidence slumps, dollar gains Read More »
KHARTOUM (Reuters) -Air strikes and artillery pounded Khartoum on Friday after Sudan’s warring army and Rapid Support Forces paramilitary failed to agree to a ceasefire despite committing to protect civilians and allow humanitarian access. A so-called declaration of principles was signed in Saudi Arabia late on Thursday after nearly a week of talks between the …
Warring Sudanese factions fight on after failing to agree truce Read More »
By Laura Matthews NEW YORK (Reuters) – The U.S. dollar rose against the euro and sterling on Friday, and was on track for its biggest weekly gain since February, as investors shifted to safe havens after consumer sentiment data fueled concern about the U.S. debt ceiling and monetary policy. A University of Michigan survey on …
Dollar on pace for biggest weekly rise since February Read More »
By Crispin Kyala BUSHUSHU, Democratic Republic of Congo (Reuters) – With shovels, sticks and bare hands, Red Cross volunteers struggled to clear caked mud from around a body half buried in a landslide in Bushushu village in eastern Democratic Republic of Congo. A week after torrential rains triggered deadly floods, the workers said they were …
A week after Congo floods, volunteers dig through debris for bodies Read More »
By Christian Akorlie, Jorgelina do Rosario and Rachel Savage ACCRA (Reuters) -Ghana’s official sector creditors have formed a committee co-chaired by China and France for debt restructurings talks, the Paris Club said on Friday, paving the way for a sign-off on a $3 billion International Monetary Fund loan for the country. The West African nation …
Ghana’s official creditors pave way for IMF sign-off on $3 billion loan Read More »
SHAKAHOLA FOREST, Kenya (Reuters) -Kenyan investigators unearthed 29 more bodies on Friday in a continuing search for victims of a doomsday cult in the country’s southeast. The death toll now stands at 179. Authorities this week have searched for remains in shallow graves scattered throughout the Shakahola forest and for any survivors as hundreds of …
Kenya unearths more bodies in search for death cult followers Read More »
NIAMEY (Reuters) – French nuclear group Orano has evacuated 18 expatriate workers from a uranium mining site in Arlit, northern Niger, to the capital Niamey on Friday, following a security threat, a spokesperson for the company said in statement to Reuters. Orano ceased exploiting uranium at the mine in 2021 due to the depletion of …
MOSCOW (Reuters) – Russian President Vladimir Putin said on Friday that Moscow had never refused the “diplomatic track” to resolving the conflict in Ukraine in a phone call with his South African counterpart, the Kremlin said. Putin said he supported South African President Cyril Ramaphosa’s proposal to involve African leaders in talks regarding a peace …
Putin, S.Africa’s Ramaphosa discussed Ukraine in phone call-Kremlin Read More »
TUNIS (Reuters) – Tunisia raised the purchase price of durum wheat from local farmers, the agriculture minister Abdelmonem Belati said on Friday, amid expectations of a disastrous grain season due to severe drought. The purchase price of durum wheat will increase from 130 dinars to 140 dinars ($45.95) per 100 kg. Tunisia’s grain harvest will …
Tunisia raises purchase price of durum wheat from local farmers Read More »
JOHANNESBURG (Reuters) – South Africa’s competition watchdog on Friday recommended the approval of a proposed deal for the Takatso Consortium to buy a majority stake in state-owned airline South African Airways (SAA), provided certain conditions are met. The Takatso Consortium was formed when the government announced the deal to sell a controlling stake in SAA …
Competition watchdog backs South African Airways sale, with conditions Read More »
