By Leigh Thomas and Simon Jessop PARIS (Reuters) – French President Emmanuel Macron hosts a summit on Thursday and Friday to pin down a roadmap for easing the debt burdens of low-income countrie[...]
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Africa
Europe in danger of losing EV battery race – Court of Auditors
By Julia Payne BRUSSELS (Reuters) – Europe is in danger of losing the race to become a global battery powerhouse as access to raw materials remains a major roadblock along with rising costs and[...]
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Binance issues cease and desist notice to “Binance Nigeria Limited”
(Reuters) – Binance has issued a cease and desist order to “Binance Nigeria Limited”, Binance CEO Changpeng Zhao said in a tweet on Sunday, calling the Nigerian company a “scam[...]
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Soft U.S. landing to free investor cash toward EMs -IIF
NEW YORK (Reuters) – The U.S. economy should avoid a recession this year while inflation will fall closer to target, implying “a positive outlook for capital flows to emerging markets,[...]
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Morgan Stanley, JPMorgan turn bullish on emerging market local bonds
LONDON (Reuters) – Morgan Stanley has become the latest Wall Street bank to turn bullish on local emerging market bonds, though its strategists said they remained wary of developing economies[...]
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Factbox-What are governments doing to ease inflation pain?
(Reuters) – Pandemic-related disruptions to global supply chains and the effects of Russia’s war in Ukraine have driven up prices of energy, commodities and other necessities. Here’s[...]
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Investors channel billions into emerging markets, but China drops again-IIF
By Libby George LONDON (Reuters) – Foreign investors piling into Asian fixed income and stocks propelled emerging market portfolio inflows to $10.4 billion in May, offsetting Chinese bonds suffe[...]
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Analysis-Inside OPEC+, Saudi ‘lollipop’ oil cut was a surprise too
By Dmitry Zhdannikov, Ahmad Ghaddar and Alex Lawler LONDON (Reuters) – Saudi Arabia kept under wraps its plan to make a deep cut to its own oil output during a weekend of OPEC+ talks in Vienna,[...]
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Kenya’s parliament approves appointment of new central banker
By Duncan Miriri (Reuters) -Kenya’s national assembly on Wednesday approved President William Ruto’s pick of economist and senior civil servant, Kamau Thugge, as the next central bank gove[...]
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