Mexican Economy Minister Resigns, Dealing Blow To Trade Team Amid U.S. Talks
Mexican Economy Minister Tatiana Clouthier stepped down on Thursday, depriving Mexico of one of its key trade negotiators as her government scrambles to head off a major dispute over energy with the United States and Canada.
COVID Wave Looms In Europe As Booster Campaign Makes Slow Start
A new COVID-19 wave appears to be brewing in Europe as cooler weather arrives, with public health experts warning that vaccine fatigue and confusion over types of available vaccines will likely limit booster uptake.
Bank Of Canada's Hawkish Message Bolsters Case For Another Large Rate Hike
The Bank of Canada made clear on Thursday it will not yet be pivoting away from its current rapid pace of interest rate increases, with Governor Tiff Macklem saying there is no sign underlying inflation is easing.
Eurex Clearing Says Collateral Cushion Rises To Record High
The collateral against potential losses posted on derivatives trades at Eurex has risen to a record high of around 130 billion euros ($128 billion) in the face of highly volatile markets and stubborn inflation, Erik Mueller, CEO of Eurex Clearing, told Reuters on Thursday.
More Than 2.5 Million U.S. Teens Vaped In 2022, A 'Concerning' Health Risk, Officials Say
An estimated 2.55 million U.S. middle and high school students reported using e-cigarettes during the early part of this year, health officials said on Thursday, a level they described as concerning.
Fed's Cook Supports "preemptive" Rate Hikes Against "stubbornly" High Inflation
U.S. inflation remains "stubbornly and unacceptably high," requiring continued interest rate increases to be sure it begins falling, Fed governor Lisa Cook said in her first public remarks on monetary policy since joining the central bank's Washington-based board.
Yellen To Announce First $1 Billion Treasury Loan For Multilateral Clean Technology Fund
U.S. Treasury Secretary Janet Yellen announced a $950 million loan to the Clean Technology Fund (CTF), a multilateral trust that helps developing countries accelerate their transition from fossil fuels to clean energy.
Tunisian Journalists Fear Erosion Of Press Freedom
Since taking a lead role in criticizing Tunisia's increasingly powerful president, prominent journalist Mohamed Boughalleb has been out of work, part of what he and press rights activists believe is a quiet policy to chill dissent.
European Shares Fall As Investors Fret About Inflation, Aggressive Interest Rates
European shares tumbled on Thursday as minutes from the central bank's last meeting fanned fears about the state of inflation in the euro zone and aggressive policy moves to tame it, while weak retail sales data added to jitters around an economic slowdown.
Analysis-Braced To Crush Unrest, Iran's Rulers Heed Lessons Of Shah's Fall - Analysts
Iran's clerical rulers will likely contain the country's eruption of unrest for now, and prospects of the imminent dawn of a new political order are slim if history is any guide, four analysts said.
Bolsonaro Eyes Dividend Tax, Debt Pardon As Brazil Campaign Turns To Economy
Brazil's right-wing President Jair Bolsonaro on Thursday announced a debt pardon for some consumers and a tax on dividends to pay for welfare spending, shifting the focus of a his re-election campaign to the economy as polls tightened.
'Zombie Killer' Axes Part Of U.S. Capitol Rioters' Planning, FBI Agent Says
"Zombie Killer" tomahawk axes were among the weapons that Donald Trump supporters recommended bringing to the Jan.
Explainer-Why Are U.S. Fuel Prices Rising Again? Will They Keep Going Up?
U.S. gasoline prices have been rising again, and many worry that costs at the pump will go up further after OPEC and its allies said Wednesday the group known as OPEC+ would cut its production target.
Soccer-U.S. Players 'Angry, Exhausted' After Report On Abuse, Says Rapinoe
Megan Rapinoe said on Thursday she and her fellow U.S.
France Lambasts Iran After Spying 'Confession' Aired
France lashed out at Iran for "dictatorial practices" and taking two of its citizens hostage after a video aired on Thursday in which they appeared to confess to spying, amid weeks of unrest that Tehran has tied to foreign foes.
U.S. Weekly Jobless Claims Surge Partly Because Of Hurricane Fiona
The number of Americans filing new claims for unemployment benefits increased by the most in four months last week, but the labor market remains tight even as demand for labor is cooling amid higher interest rates.
Nord Stream Investigation Finds Evidence Of Detonations, Swedish Police Say
A crime scene investigation of the Nord Stream 1 and 2 gas pipelines from Russia to Europe has strengthened suspicions of "gross sabotage" involving detonations, Sweden's Security Service said on Thursday.
Canada's Trudeau Under Pressure From Conservative Rival To Back New LNG
Canada's new Conservative leader Pierre Poilievre is putting pressure on Liberal Prime Minister Justin Trudeau's government to back new liquefied natural gas (LNG) projects as European countries reach out in a bid to plug energy shortfalls.
Futures Pare Losses As Jobless Claims Data Calms Rate-hike Fears
U.S. stock indexes futures pared losses on Thursday, with Nasdaq futures briefly turning positive after data showing an increase in weekly jobless claims suggested the Federal Reserve may need to ease its aggressive monetary tightening cycle.
IMF's Georgieva Sees 'Darkening' Outlook For Global Economy, Rising Recession Risks
The International Monetary Fund will next week downgrade its forecast for 2.9% global growth in 2023, Managing Director Kristalina Georgieva said on Thursday, citing rising risks of recession and financial instability.
Brazil Real Set For Bumpy Ride Ahead Of Presidential Vote Runoff: Reuters Poll
Brazil's real is set for a bumpy ride ahead of the country's election runoff later this month, as political tensions simmer following a surprisingly good performance by President Jair Bolsonaro in the first round, a Reuters poll showed.
Russian-installed Ukraine Official Pours Scorn On Putin's Generals, Defence Minister
A Russian-installed official in Ukraine poured scorn on Moscow's generals on Thursday and suggested its defence minister should shoot himself because of failures in the Ukraine conflict, in a highly rare public rebuke of the Kremlin's top brass.
Thailand Attack: Ex-cop Kills 22 Children At Daycare Centre
A former policeman killed 38 people, including 22 children, in a knife and gun rampage at a daycare centre in Thailand on Thursday, later shooting dead his wife and child at their home before turning his weapon on himself, police said.
Russians Fleeing War Call-up Face New Stresses On Arrival In Kazakhstan
Russians opposed to the war in Ukraine or fearful of being sent to fight there have fled to Kazakhstan in their hundreds of thousands, but many are finding new problems on arrival.
French Author Annie Ernaux Wins 2022 Nobel Prize For Literature
French author Annie Ernaux won the 2022 Nobel Prize in Literature on Thursday for "the courage and clinical acuity" in her largely autobiographical books examining personal memory and social inequality.
Baghdad's Historic Homes Crumble As Real Estate Booms
Overlooking the Tigris river in Baghdad, a 100-year-old Iraqi mansion stands dilapidated and neglected.
Retailers Staff Up To Prep For Return Of In-store Holiday Shopping
Several major retailers including Walmart are directing the majority of their holiday hires to work on store floors this year as Americans shift to shopping in-person rather than mostly online.
Analysis-World Central Banks Caught In The Fed's Slipstream
The world's central bankers are caught up in a race to curb inflation that only the Federal Reserve can stop.
Explainer-What Do Lula And Bolsonaro Propose For Brazil Fiscal Policy?
Both of Brazil's presidential candidates, President Jair Bolsonaro and former President Luiz Inacio Lula da Silva, have proposed changes to the constitutional spending limit that defined fiscal policy in Latin America's biggest economy for the past six years.
Israel's Central Bank Chief Sees Rates Peaking At "3%-plus" While Avoiding Recession
Israel's aggressive interest rate hiking cycle aimed at lowering inflation was at a "well advanced" stage, Bank of Israel Governor Amir Yaron said, with price pressures starting to ease and inflation hopefully moving back into its target range next year.