By Karen Brettell NEW YORK (Reuters) – The dollar firmed on Monday after Friday’s solid jobs report boosted expectations for a U.S. interest rate hike in May, while the yen weakened as new Bank of Japan Governor Kazuo Ueda signaled no hurry to dial back its massive stimulus. U.S. employers hired at a strong pace …
Dollar gains on Fed rate hike bets, yen dips on Ueda comments Read More »
By Laura Sanicola (Reuters) -Oil prices settled lower on Monday, after rising for three straight weeks, as concern about further interest rate hikes that could curb demand balanced the prospect of a tighter market due to supply cuts from OPEC+ producers. The U.S. dollar rose after U.S. jobs data pointed to a tight labor market, …
Oil settles lower as rate-hike worries balance tighter supplies Read More »
NAIROBI (Reuters) – Two Catholic Relief Services (CRS) workers were shot and killed on Sunday in Ethiopia’s Amhara region, the charity said, amid violent anti-government protests triggered by a federal government decision to disband regional special forces units. CRS director of communications Kim Pozniak said on Monday that the incident occurred in the town of …
Aid group says two employees killed in Ethiopia’s Amhara region Read More »
WASHINGTON (Reuters) – Cameroon is working to boost export revenues to fend off a potential debt crisis and has relaunched talks with the U.S. to rejoin Washington’s flagship trade initiative with Africa, its economy minister said on Monday. The economic fallout from the COVID-19 pandemic and the subsequent global shocks provoked by the war in …
Cameroon aims to boost export revenues, rejoin AGOA – minister Read More »
CAIRO (Reuters) – Egypt’s annual urban consumer inflation rate in March climbed to 32.7% year-on-year, just shy of an all-time record, from 31.9% in February, data from the country’s statistics agency CAPMAS showed on Monday. Month-on-month, urban inflation slowed to 2.7% in March from 6.5% in February and 4.7% in January. Egypt’s surging inflation rate …
Egypt’s headline inflation rate increased to 32.7% in March Read More »
MILAN (Reuters) -A merchant ship has supplied fuel and water to a boat with around 400 migrants on board which is in distress between Greece and Malta but Maltese authorities have ordered it not to conduct a rescue, German NGO Sea-Watch International said on Monday. The vessel, which departed from Tobruk in Libya amid a …
Drifting migrant boat in Mediterranean supplied with fuel but no rescue, NGO says Read More »
By Dawit Endeshaw ADDIS ABABA (Reuters) – Gunfire was heard in at least two towns in Ethiopia’s Amhara region on Sunday as thousands protested against a federal government order to integrate regional special forces into the police or national army, residents said. Members of Amhara’s special forces and allied militias vowed to oppose Thursday’s order, …
Gunfire, protests in Ethiopia’s Amhara over plan to disband regional force Read More »
KINSHASA (Reuters) -Islamic State on Saturday claimed responsibility for an attack on a village in eastern Democratic Republic of Congo that authorities said killed around 20 people. Islamic State claimed responsibility for the attack in a statement on its Telegram channel. The attack, which took place on Friday in Musandaba, a village on the outskirts …
Attack kills around 20 in eastern Congo; Islamic State claims responsibility Read More »
By Tarek Amara TUNIS (Reuters) -At least 23 African migrants were missing and four died on Saturday after their two boats sank off Tunisia as they tried to cross the Mediterranean to Italy, a judicial official said, amidst a sharp rise in migrant boats from the North African country. The coast guard rescued 53 others …
At least 23 missing, four die in migrant shipwrecks off Tunisia Read More »
By Adewale Kolawole MAIDUGURI, Nigeria (Reuters) – At least 74 people were killed in Nigeria’s Benue state in two separate attacks by gunmen this week, local officials and police said on Saturday, the latest clashes in an area where violence between pastoralists and farmers is common. Violence has increased in recent years as population growth …
