Chad’s longtime ruler President Idriss Deby, a Western ally in the fight against Islamist militants in Africa, was killed on the frontline against rebels in the north. read more His main ally, France, has about 5,100 troops based across the region as part of international efforts to fight Islamist militants, including its main base in…
(Reuters) – The U.S. cannabis industry is hoping that the fourth time is a charm for a major banking reform bill that is once again headed to the Senate for approval after a comfortable victory in the U.S. House of Representatives.The House voted 321-101 on Monday to approve a legislation that would allow banks to…
A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/IllustrationA U.S. House panel on Tuesday passed a bill to open the OPEC oil production group and countries working with it to lawsuits for collusion in boosting petroleum prices, but it was uncertain whether…
Concise insights on global finance in the Covid-19 era. ———————————————— INCARCERATION ARBITRAGE. Running prisons for profit raises moral questions. That makes companies like CoreCivic (CXW.N) and GEO (GEO.N) and their financiers fair game for environmental, social and governance activists . Barclays (BARC.L) has discovered that the opprobrium isn’t easily avoided, even when there are a…
FILE PHOTO: A teenager receives a vaccination against the coronavirus disease (COVID-19), in Tel Aviv, Israel, January 24, 2021. REUTERS/Ronen ZvulunJERUSALEM (Reuters) – Israel has registered eight cases of a coronavirus variant first identified in India and believes that the Pfizer/BioNTech vaccine is at least partially effective against it, an Israeli health official said on…
LONDON, April 20 (Reuters) – Deutsche Telekom has invested in Celo, a blockchain payments platform that allows mobile phone access to “decentralised finance” projects that allow users to bypass traditional financial firms, the company said on Tuesday.It did not disclose the size of the investment.Deutsche Telekom has also bought an unspecific amount of the Celo…
LONDON (Reuters) – A British parliamentary committee will summon finance minister Rishi Sunak and former Prime Minister David Cameron to appear before it to answer questions about the ex-leader’s lobbying for the now failed supply-chain finance firm Greensill Capital.A series of inquiries have been launched into what access lobbyists have had to Prime Minister Boris…
The Bank of Japan is set to predict for the first time that inflation will remain well short of its 2% target beyond Governor Haruhiko Kuroda’s term through early 2023, say sources familiar with its thinking.The central bank is also expected to trim this fiscal year’s inflation forecast reflecting cuts in cellphone charges, the sources…
A group of journalists in Japan called on Myanmar’s junta on Tuesday to free a colleague, Yuki Kitazumi, detained in Yangon following a crackdown on media amid ongoing protests against the military overthrow of an elected government.”We want the junta to stop oppressing the citizens of Myanmar, and we seek the swift release of the…
(Adds analyst comment, detail, chart)MELBOURNE, April 20 (Reuters) – Global miner Rio Tinto Ltd reported lower quarterly iron ore output on Tuesday as wet weather and labour shortages impacted its mine and port operations in Western Australia.Above average wet weather in the mines and workforce availability disrupted maintenance during the quarter, Rio said, while Tropical…
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