By Alex Lawler, Ahmad Ghaddar and Vladimir Soldatkin LONDON (Reuters) – An OPEC+ panel is likely to endorse the producer group’s current oil output policy when it meets next week, five OPEC+ sources said on Tuesday, as hopes of higher Chinese demand driving an oil price rally are balanced by worries over inflation and a …
OPEC+ panel unlikely to tweak oil policy at Feb. 1 meeting, sources say Read More »
By Clyde Russell LAUNCESTON, Australia (Reuters) -The premium of high-grade thermal coal over coking coal in Asia is shrinking as China’s re-opening and ending of a ban on imports from Australia powers a rally for coking coal, a key steelmaking ingredient. Singapore-traded futures linked to the price of Australian coking coal ended at $315.67 a …
Coking coal narrows the gap on thermal as China reopens: Russell Read More »
By Andy Sullivan WASHINGTON (Reuters) – Partisan brinksmanship in the U.S. Congress has made government shutdowns seem a routine part of governing in the past decade, but the current standoff in Washington over raising the $31.4 trillion federal debt ceiling is significantly riskier. WHAT IS A GOVERNMENT SHUTDOWN? Congress is supposed to pass detailed spending …
Explainer-Shutdown? Default? Washington’s risky new debt ceiling standoff Read More »
By Chris Taylor NEW YORK (Reuters) – The holidays are over, but hopefully you took away some lasting memories. Some of them were priceless and others came at a price. For the latter, here is the bad news: it is January and the bill has come due. Some call it the “holiday debt hangover,” and …
SAN SALVADOR (Reuters) – El Salvador has repaid an $800 million bond, Finance Minister Alejandro Zelaya said on Monday, the same day the bond was set to mature, as the Central American country faced pressure to make progress in cutting debt. “We announce that we have today completed payment of the 2023 bond for $800 …
El Salvador says it has repaid $800 million bond maturing January Read More »
By Tim Reid and Rich McKay MONTEREY PARK, Calif. (Reuters) -Investigators collected 42 bullet casings from the scene of one of California’s bloodiest mass shootings as they sought clues on Monday to what drove an elderly gunman to open fire in a dance hall he had frequented, killing 11 people, before taking his own life. …
Police seek motive to Los Angeles-area mass shooting as 11th victim dies Read More »
By Andrea Shalal LUSAKA (Reuters) -U.S. Treasury Secretary Janet Yellen said on Monday during a visit to Zambia that it was critically important to restructure the country’s debt, and she believes progress could be made after her frank talks with key creditor China last week. Yellen added that Zambia’s debt overhang was a drag on …
Yellen urges Zambia debt restructure after talks with China Read More »
MEXICO CITY (Reuters) -The International Monetary Fund’s (IMF) executive board approved $105 million to help Haiti address severe food insecurity, the institution said on Monday, as the Caribbean country faces widespread shortages amid a humanitarian crisis. The payment, under the IMF’s Food Shock Window program, is set to address “urgent balance of payment needs related …
IMF approves $105 million to fight food shortages in Haiti Read More »
By Tim Reid and Rich McKay MONTEREY PARK, Calif. (Reuters) -The 72-year-old suspected gunman in Saturday night’s mass shooting at a Los Angeles-area dance studio had been a regular there, giving informal lessons and even meeting his ex-wife at the venue, according to friends and media reports. Authorities say Huu Can Tran fired 42 rounds …
California shooting suspect was regular at Monterey Park dance studio Read More »
By Lidia Kelly (Reuters) – Russia’s new military reforms respond to possible NATO expansion and the use of Kyiv by the “collective West” to wage a hybrid war against Russia, the newly appointed general in charge of Russia’s military operations in Ukraine said. Valery Gerasimov, in his first public comments since his Jan. 11 appointment …
Russia’s military reforms respond to NATO’s expansion, Ukraine -chief of general staff Read More »
