DUBAI (Reuters) – A vessel was approached by four small boats at the mouth of the Red Sea, 80 nautical miles northeast of Djibouti on Tuesday, according to a report posted by the United Kingdom Maritime Trade Operations (UKMTO). In what the agency described as a reported “suspicious approach”, the closest small boat paralleled the …
Vessel approached by four small boats in Red Sea – UKMTO report Read More »
By Maytaal Angel and Dewi Kurniawati LONDON/JAKARTA (Reuters) – Importers of coffee to the European Union are starting to scale back purchases from small farmers in Africa and beyond as they prepare for a landmark EU law that will ban the sale of goods linked to the destruction of forests, a cause of climate change. …
Coffee firms turning away from Africa as EU deforestation law looms Read More »
NAIROBI (Reuters) – Rwanda’s economy is expected to grow 6.6% in 2024, up from this year’s figure of 6.2%, the finance minister and central bank governor told the International Monetary Fund in a letter. In February, Finance Minister Uzziel Ndagijimana had forecast economic growth of about 7.5% for the East African country in 2024 and …
Rwanda says GDP growth expected to rise in 2024, still below 2022 figure Read More »
By Farah Saafan and Aidan Lewis CAIRO (Reuters) -Abdel Fattah al-Sisi swept on Monday to a third term as Egypt’s president in an election where he faced no serious challengers, calling the vote a rejection of the “inhumane war” in neighbouring Gaza. The election, in which he took 89.6% of the vote according to the …
Egypt’s Sisi sweeps to third term as president with 89.6% of vote Read More »
By Ange Kasongo and Sonia Rolley KINSHASA (Reuters) – Five years after graduating with a diploma in computer network maintenance, Georges Bamue, 27, still navigates the streets of Democratic Republic of Congo’s capital as a motorcycle taxi rider, unable to find a job or raise enough to start a business in his trained field. On …
Cash-strapped Congolese eye deep inequalities ahead of vote Read More »
By Nafisa Eltahir and Khalid Abdelaziz CAIRO/DUBAI (Reuters) – As many as 300,000 people have fled fighting on a new front in Sudan’s war, the International Organization for Migration (IOM) said on Monday, as fighters from a paramilitary force battling the army for eight months advanced into the city of Wad Madani. The takeover of …
Sudan’s RSF enters Wad Madani, aid hub where many were displaced Read More »
(Reuters) – At least 250,000 to 300,000 people have fled Sudan’s El Gezira state since Dec. 15 as a result of clashes between the Rapid Support Forces and Sudan’s army, the International Organization for Migration (IOM) said on Monday. The RSF, at war with the army for the past eight months, has been advancing on …
At least 250,000 flee fighting in Sudan’s El Gezira state -IOM Read More »
By Sinéad Carew NEW YORK (Reuters) -MSCI’s global equity index advanced slightly, oil prices rallied on supply concerns and U.S. Treasury yields rose on Monday as investors digested mixed messages from the Federal Reserve about the prospects for 2024 interest rate cuts. Oil prices climbed after Iranian-backed Houthi militants stepped up attacks on vessels in …
Global shares up with Treasury yields, oil rallies on supply worries Read More »
By Arathy Somasekhar HOUSTON (Reuters) -Oil rose nearly 2% on Monday as investors worried about disruptions to maritime trade and supply costs after the Iran-aligned Yemeni Houthi militant group attacked ships in the Red Sea. A Norwegian-owned vessel was attacked in the Red Sea on Monday and oil major BP said it had temporarily paused …
Oil gains nearly 2% as tankers reroute after Red Sea attacks Read More »
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar slipped against the euro on Monday, extending last week’s fall, as the U.S. currency remains under pressure from the Federal Reserve’s signaling last week the possibility of interest rate cuts next year. The dollar was higher against the yen as the Bank of Japan (BOJ) …
Dollar slips against euro as Fed rate-cut outlook weighs Read More »
