By Herbert Lash NEW YORK (Reuters) -A gauge of global stock performance slid on Thursday after U.S. jobless claims and a modest rise in producer prices suggested a slowing economy, which also pushed Treasury yields lower as it could allow the Federal Reserve to stop raising interest rates. The number of Americans filing new claims …
Stocks, yields fall after data seen halting more Fed rate hikes Read More »
KHARTOUM (Reuters) – The U.N. on Thursday urged countries with influence in Africa to help end the conflict in Sudan after reported progress in ceasefire talks between the army and the rival paramilitary Rapid Support Forces (RSF). Clashes rocked Halfaya, an entry point to the capital, early on Thursday as residents heard warplanes circling over …
U.N. urges halt to Sudan conflict as fighting rumbles on despite talks Read More »
By Laura Matthews NEW YORK (Reuters) – The U.S. dollar rose against the euro and sterling on Thursday and set a more than one-week high against a basket of its major peers as traders sought safety after a series of economic data prompted a reassessment of their outlook for global monetary policy. The number of …
Dollar stronger as market rethinks monetary policy outlook Read More »
By Carien du Plessis , Nellie Peyton and Bhargav Acharya JOHANNESBURG (Reuters) -The United States envoy to South Africa said on Thursday he was confident that a Russian ship had picked up weapons in South Africa last year, in a possible breach of Pretoria’s declared neutrality in the Ukraine conflict. The rand and South Africa’s …
US envoy says Russian ship picked up weapons in South Africa Read More »
By Jorgelina do Rosario, Christian Akorlie and Rachel Savage LONDON/ACCRA (Reuters) -Ghana’s official creditors are poised to grant financing assurances and form a committee co-chaired by France and China – key steps for the nation to secure a $3 billion International Monetary Fund (IMF) loan, sources told Reuters. The country’s bilateral lenders are expected to …
UPINGTON, South Africa (Reuters) – When she was a girl in South Africa’s Northern Cape, Katrina Esau stopped speaking her mother tongue, N|uu, after being mocked by other people and told it was an “ugly language”. Now at age 90, she is the last known speaker of N|uu, one of a group of indigenous languages …
Last known speaker fights to preserve South African indigenous language Read More »
By Marc Jones LONDON (Reuters) -Tunisia and Egypt are edging closer to major debt crises that could suck in a volatile North Africa region and pose tough choices to wealthy Gulf Arab neighbours, investors and analysts warn. The countries are already being challenged by shortages of essential goods and financial market dysfunction and in Tunisia’s …
Analysis-North Africa backslides toward swirling debt troubles Read More »
WASHINGTON (Reuters) – The International Monetary Fund said on Thursday it has seen “good progress” in delivering bilateral financing assurances to Ghana that are needed for the IMF executive board to consider a three-year, $3 billion loan program for the west African country. IMF spokesperson Julie Kozack told a news briefing that the the Fund …
IMF sees ‘good progress’ in bilateral financing assurances for Ghana loan Read More »
LAGOS (Reuters) – Nigeria’s oil production fell below 1 million barrels per day (bpd) in April, its lowest level in seven months, data from the petroleum regulator showed on Thursday, after a strike at Exxon Mobil’s local units hit the country’s output. Oil production fell to 998,602 bpd after averaging 1.28 million bpd in the …
Nigeria’s April oil production below 1 million bpd – regulator Read More »
DAKAR (Reuters) – The United Nations World Food Programme said on Thursday it urgently requires $162.4 million to support the government of Chad in assisting 2.3 million people in urgent need of food, including over 30,000 who recently fled the conflict in Sudan. The WFP said it was responding to growing food needs in Chad, …
UN’s WFP calls for urgent funding to assist 2.3 million people in need of food in Chad Read More »
