Day: January 15, 2020

Global News

Australia ‘open for business’ as cool change eases bushfire threat

January 14, 2020 By Kate Lamb SYDNEY (Reuters) – Australia urged foreign tourists on Tuesday to put aside concerns about raging bushfires after the United States downgraded a travel warning, even as thick smoke disrupted preparations for the Australian Open tennis tournament in Melbourne. Australia is experiencing one of its worst bushfire seasons on record, […]

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Global News

Turkey says ready to act against Libyan commander Haftar if attacks continue

January 14, 2020 By Nevzat Devranoglu and Tuvan Gumrukcu ANKARA (Reuters) – Turkey will not refrain from “teaching a lesson” to Khalifa Haftar if his eastern Libyan forces continue attacks against the internationally recognized government in Tripoli, President Tayyip Erdogan said on Tuesday. Turkey and Russia failed to convince Haftar on Monday to sign a […]

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Global News

Brussels warns against ‘veiled discrimination’ of EU citizens after Brexit

January 14, 2020 By Marine Strauss STRASBOURG (Reuters) – European Union chief negotiator Michel Barnier warned Britain on Tuesday not to discriminate against EU citizens seeking permanent residency after Brexit, urging London to set up an independent monitoring authority. He was speaking after members of the European Parliament voiced concern that Britain’s imminent exit from […]

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Global News

As arrivals rise, Cyprus intercepts boat with 101 on board

January 14, 2020 ATHENS (Reuters) – Cyprus intercepted a vessel carrying 101 Syrians off its coast on Tuesday, police said, one of the largest arrivals of refugees from the neighboring country in recent months. The Syrians were loaded at sea onto a coastguard vessel and from there led to a harbor in the south-east of […]

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Finance

U.S. consumer prices rise slightly; underlying inflation muted

January 14, 2020 By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose slightly less than expected in December and monthly underlying inflation pressures retreated, which could allow the Federal Reserve to keep interest rates unchanged at least through this year. The Labor Department said on Tuesday its consumer price index increased 0.2% last month […]

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Finance

Swiss franc hits 33-month high after U.S. adds it to watchlist

January 14, 2020 By Yoruk Bahceli and John Revill LONDON/ZURICH (Reuters) – The Swiss franc hit its strongest against the euro in almost three years on Tuesday after the United States added Switzerland to its watchlist of currency manipulators. Analysts said the inclusion could discourage the Swiss National Bank (SNB) from intervening to try and […]

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Finance

Trump set to return to Davos as Iran’s Zarif cancels

January 14, 2020 By Stephanie Nebehay GENEVA (Reuters) – U.S. President Donald Trump is set to attend the World Economic Forum’s annual meeting in Davos next week, but Iran’s Foreign Minister Mohammad Javad Zarif has canceled, organizers of the gathering of political and business leaders said. The United States killed Iran’s most powerful military commander […]

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Finance

Egypt’s central bank seen making fourth consecutive interest rate cut

January 14, 2020 CAIRO (Reuters) – Egypt’s central bank is likely to cut interest rates for a fourth consecutive time on Thursday, a Reuters poll showed, despite inflation rising in December. Eight out of 11 economists surveyed by Reuters expected the Central Bank of Egypt (CBE) to cut rates. Four saw a 50 basis point […]

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Finance

U.S., EU, Japan agree new subsidy rules with China trade in focus

January 14, 2020 By Philip Blenkinsop BRUSSELS (Reuters) – The United States, the European Union and Japan proposed new global trade rules on Tuesday to curb subsidies they say are distorting the worldwide economy, with China their clear target. A day before Chinese officials are due to sign the first phase of a trade deal […]

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