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The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria. Crude oil futures are headed for a second consecutive monthly gain as OPEC+ is expected to extend its production cuts through at least the second quarter. U.S. and Brent have gained about 6% month to date with first month contracts trading at a premium to later months. OPEC+ is considering extending its production cuts through at least the second quarter, three sources told Reuters Wednesday. The cartel could keep the cuts in place for the rest of the year, two of the sources said.
Persons: Brent Organizations: Organization of, Petroleum, West Texas Intermediate, Reuters Locations: Algiers, Algeria, OPEC, U.S, Canada, Guyana, Brazil, Israel, Lebanon, Red, Iran
This black market for foreign currencies is among the signs of the economic woes plaguing Algeria. In the oil-rich North African nation, business owners are rumored to be dumping their assets and scrounging up euros on the black market so their wealth isn't stuck. The government estimates roughly $7 billion worth of foreign currency trades hands on the country's black market. Traders are intimately aware that the gap between the official and black market exchange rate can narrow or widen by the day. The growing chasm between the official and black market rates meant fewer euros are getting into the country, he said.
Persons: isn't, Belamane, Nourdine Sadaoui, Hicham Safar, , , Abdelmajid Tebboune, Karim Allam Organizations: Associated Press, Traders, , Bank of Locations: ALGIERS, Algeria, Algiers, Mecca, Europe's, Lebanon, Nigeria, Bank of Algeria, Ukraine, Europe, Russian
Opinion | The World Has Caught Up to Frantz Fanon
  + stars: | 2024-02-02 | by ( Adam Shatz | ) www.nytimes.com   time to read: +3 min
The shock of the new, in political life, often sends us back to the past, in search of an intellectual compass. ), which he joined while working as a psychiatrist in Blida, on the outskirts of Algiers. He captured, as no other writer of his time did, the fury engendered by colonial humiliation in the hearts of the colonized. Fanon wrote at the height of the Cold War, but, with no less prescience, he regarded the East-West struggle as a passing sideshow, of far less consequence than the divisions between North and South, of the rich world and the poor world. If the colonial world was, in his words, “a world cut in two,” our post-colonial world seems scarcely less so.
Persons: Donald Trump, Viktor Orban, Jair Bolsanaro, Hannah Arendt’s “, , Arendt, Frantz Fanon, Fanon, , haven’t, It’s Organizations: National Liberation, Israel, Black Panthers, Palestinian Locations: East, Africa, Martinique, Blida, Algiers, North, Ukraine, Gaza
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Organizations: U.S . News, U.S News
A deal for a temporary cease fire was inching into view in Israel's war against Hamas, but Prime Minister Benjamin Netanyahu tempered expectations by vowing that the war would continue even if a deal is reached. “We are at war, and we will continue the war,” he said. Israel has vowed to continue the war until it destroys Hamas’ military capabilities and returns all hostages. Turkish President Recep Tayyip Erdogan, whose government maintains ties with Hamas officials, said Turkey’s foreign minister and intelligence chief were working with Qatari officials to negotiate releases. Hamas has released four hostages, Israel has rescued one, and the bodies of two were found near Shifa.
Persons: Benjamin Netanyahu, Netanyahu, Israel, Gaza — Israel, NETANYAHU, , , Mostafa Madbouly, ” Madbouly, Israel —, Hadas Kalderon, Kalderon, John Kirby, Kirby, “ We’ve, ” NETANYAHU, , ” Netanhayu, Khalil al, Hayya, Valdis Dombrovskis, ” BIDEN, WASHINGTON, Joe Biden, ” “, ” Biden, Biden's, Recep Tayyip Erdogan, Erdogan, Abdelmadjid Tebboune, Tebboune, ” Tebboune, ” Erdogan, Israel’s, Asad, Assad, Qassim Abdul, Bassem, Tara Copp, Benjamin Netanyahu’s, Sergey Lavrov, Lavrov, ” Lavrov, Ziad Makary, Farah Omar, Rabih Maamari, Kfar Kila, Laiqa Serhan, Reuters videojournalist, Abduallah, Qatar’s Al, Izzat, Ismail Haniyeh, Goren, Tal Chaimi, ” Netanyahu, Mosab Abu Toha, Hamza Abu Toha, Mosab, Hamza, ” Mosab Abu Toha, Abu, Abu Toha Organizations: Hamas, Senior, Palestinian, Troops, Health Ministry, West Bank, WAR, JERUSALEM, CAIRO —, Israel, White, National Security, Israel —, European Union, ” EU, HIT ISRAEL, Algerian, International Criminal, Hezbollah, Cabinet, MUSLIM, Arab League, Organization of Islamic Cooperation, United Nations Security Council, Lebanese, National News Agency, Reuters, Agence France, Jazeera, SEA DUBAI, United Arab Emirates, Galaxy Leader, U.S . Navy, OFFICIAL, PEN, Yorker Locations: Israel, United States, Qatar, Gaza, Gaza City, Gaza —, Iran, Yemen, Egypt, Cyprus, israel, Israeli, EGYPT, CAIRO, TEL AVIV, HAIFA, Beirut, EU, STRASBOURG, France, TURKEY, ALGERIA, GAZA ALGIERS, Algeria, Turkey, Turkish, BAGHDAD, Iraq, U.S, al, Baghdad, Anbar, Syria, Zahra, Bassem Mroue, Washington, JERUSALEM, , Russian, Moscow, Russia, LEBANON, ISRAEL, BEIRUT, Lebanon, Kibbutz Manara, Kfar, IRAN, YEMEN, United Arab, Tehran, American, Red, Persian, Hormuz, Shifa
CAPE TOWN, Nov 16 (Reuters) - Mohamed Salah scored four times and took his goal tally for Egypt past 50 as they began their World Cup qualifying campaign with an expected victory over tiny Djibouti while Nigeria were held to a shock home draw by Lesotho on Thursday. Nigeria, without injured Napoli striker Victor Osimhen, were held to a 1-1 draw at a rainy Uyo by the small mountain kingdom of Lesotho, who are 113 places below them in the FIFA rankings. Burundi also won in Group F, edging the Gambia 3-2 in their match played in Tanzania because of Burundi’s lack of a suitable stadium. The first two rounds of African qualifiers are played from Wednesday to next Tuesday, and will resume next June. Editing by xxOur Standards: The Thomson Reuters Trust Principles.
Persons: Mohamed Salah, Victor Osimhen, Motlomelo Mkhwanazi, Jose Peserio, Jonathan Muiomo, Riyad, Djamel Belmadi, Denis Bouanga, Kevin Denkey Organizations: Egypt, Lesotho, Qatar, Napoli, FIFA, Africa, Nations, football, Kenya, Major League Soccer, Belgian, U.S, Thomson Locations: CAPE, Djibouti, Nigeria, Cairo, Egypt, Lesotho, London, Kelechi, Mozambique, Botswana, Algeria, Somalia, Algiers, Gabon, Franceville, Burundi, Gambia, Tanzania, Sudan, Togo, Benghazi, Libya, Canada, Mexico
ALGIERS, Algeria (AP) — Algerian President Abdelmadjid Tebboune on Saturday dismissed the country's prime minister and replaced him with the head of his cabinet as the country struggles with inflation and next year's national elections approach. Benabderahmne's sacking comes three years into Tebboune's tenure and is the latest upheaval to shape North African politics. In August, Tunisia's president dismissed his prime minister, while the head of Algeria's powerful state-run oil company and eight of his vice presidents were dismissed several weeks ago. For Tebboune, the changing of the guard takes place at a time of economic anxiety and ahead of next year's presidential elections. Larbaoui, the incoming prime minister, rose from being an athlete on Algeria's national handball team to a member of the country's diplomatic corps, having served as Algeria's ambassador to Egypt and the United Nations.
Persons: Abdelmadjid Tebboune, Aimene, Mohamed Labaoui, Benabderahmne's, Tebboune's, Abdelaziz Bouteflika, Tebboune, , Larbaoui Organizations: Saturday, handball team, United Nations Locations: ALGIERS, Algeria, Tebboune, Ukraine, Europe, East, North Africa, Gaza, Israel, Egypt
REUTERS/Ramzi Boudina//File Photo Acquire Licensing RightsDUBAI, Nov 5 (Reuters) - Top oil exporters Saudi Arabia and Russia confirmed on Sunday they would continue with their additional voluntary oil output cuts until the end of the year as concerns over demand and economic growth continue to weigh on crude markets. Saudi Arabia confirmed it would continue with its additional voluntary cut of 1 million barrels per day (bpd) translating into a production of around 9 million bpd for December, a source at the ministry of energy said in a statement. Following the Saudi statement, Moscow also announced it would continue its additional voluntary supply cut of 300,000 bpd from its crude oil and petroleum product exports until the end of December. Saudi Arabia, OPEC's de-facto leader, first made the voluntary cut for July as an addition to a broad supply-limiting deal first agreed by some members of OPEC+ in April. The kingdom said in September it would extend its additional voluntary cut until the end of the year, and review the decision monthly.
Persons: Ramzi Boudina, OPEC's, Omar Abdel, El, Alexander Smith, Sharon Singleton, David Evans Organizations: Organization of, Petroleum, REUTERS, Rights, OPEC, Saudi, Brent, Analysts, Thomson Locations: OPEC, Algiers, Algeria, Rights DUBAI, Saudi Arabia, Russia, Moscow, East, Vienna
Footage from Algiers, Algeria, showing red flares and fireworks being set off from rooftops is being shared online with the false claim it shows Gaza. Israeli strikes are complemented by local fireworks,” and “This is not Diwali fireworks. But Reuters confirmed the location of the video using satellite imagery to be Algiers, Algeria, not Gaza. The video was taken from a residential building facing south on Rue Lahcen Mimouni, Algiers. The video was filmed in Algiers, Algeria, not Gaza.
Persons: Rue Lahcen Mimouni, Lahcen Mimouni, Mada Mohamed, Rue Mohamed Belouizdad, Read Organizations: Twitter, , Facebook, Reuters, Al, Google, 1er, YouTube, Thomson Locations: Algiers, Algeria, Gaza, Rue, Al Mokrani, Israel
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina//File Photo Acquire Licensing RightsOct 8 (Reuters) - Bahrain, Iraq, Kuwait, Oman, Saudi Arabia and the United Arab Emirates reaffirmed their commitment to "collective and individual voluntary adjustments" to oil production, the Saudi state news agency said on Sunday. The oil ministers of the six countries met on the sidelines of the U.N. MENA climate week event in Riyadh on Sunday. OPEC+ agreed in June to extend voluntary oil cuts first introduced in April until the end of 2024. Additional voluntary cuts by Saudi Arabia and Russia extend to the end of 2023 and are subject to monthly review.
Persons: Ramzi Boudina, Hatem Maher, Ros Russell Organizations: Organization of, Petroleum, REUTERS, United, Emirates, Cooperation, Thomson Locations: Algiers, Algeria, Bahrain, Iraq, Kuwait, Oman, Saudi Arabia, Saudi, Riyadh, OPEC, Russia
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina/File Photo Acquire Licensing RightsLONDON/DUBAI, Oct 6 (Reuters) - OPEC has raised its medium- and long-term oil demand outlook in a forthcoming report, three OPEC sources said, despite the transition toward renewable energy, highlighting the oil exporting group's more bullish view compared to other forecasters. Higher oil demand would be a boost for producers and the 13-nation OPEC and would underscore the need for continued investment. It also highlights OPEC's more bullish view on the oil demand outlook compared to the International Energy Agency (IEA) and other forecasters. The 2022 version of OPEC's report sees oil demand reaching a plateau after 2035.
Persons: Ramzi Boudina, Haitham Al Ghais, Prince Abdulaziz bin Salman, Fatih Birol, Alex Lawler, Maha El, Simon Webb, Sharon Singleton Organizations: Organization of, Petroleum, REUTERS, OPEC, of, International Energy Agency, Saudi Energy, IEA, Financial Times, Thomson Locations: Algiers, Algeria, DUBAI, Riyadh, Saudi Arabia, OPEC, Vienna
Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, known as OPEC+, held an online meeting. The panel, named the Joint Ministerial Monitoring Committee, can call for a full OPEC+ meeting if warranted. Saudi Energy Minister Prince Abdulaziz bin Salman, who chairs the JMMC, last month said OPEC+ cuts were needed to stabilise the market, and prices were not being targeted. Ahead of the meeting, OPEC+ sources had told Reuters that policy was likely to remain steady although with oil rallying, some analysts had cited an increasing probability the Saudi voluntary cuts will be reduced. The next JMMC meeting is on Nov. 26, the statement said, the same day as the next scheduled full meeting of OPEC+ to decide policy.
Persons: Ramzi Boudina, Prince Abdulaziz bin Salman, Ahmad Ghaddar, Olesya Astakhova, El, Alex Lawler, Simon Cameron, Moore, Elaine Hardcastle Organizations: Organization of, Petroleum, REUTERS, LONDON, Oil, Brent, Saudi, Saudi Energy, Reuters, Thomson Locations: Algiers, Algeria, Saudi Arabia, Russia, MOSCOW, DUBAI, OPEC, Saudi
Last month, the Organization of the Petroleum Exporting Countries pumped 27.73 million barrels per day (bpd), the survey found, up 120,000 bpd from August. Iran, which has been boosting supply despite U.S. sanctions, also pumped more, with output hitting the highest level since 2018. The second-largest increase came from Iran, the survey found, which pushed output to 3.15 million bpd. Output from the 10 OPEC members that are subject to OPEC+ supply cut agreements rose by 80,000 bpd, the survey found. Top exporter Saudi Arabia kept August and September output close to 9 million bpd, the survey found, as the country extended a voluntary 1 million bpd output cut to provide extra support for the market.
Persons: Ramzi Boudina, Ahmad Ghaddar, Sharon Singleton Organizations: Organization of, Petroleum, REUTERS, LONDON, Reuters, Analysts, OPEC, Saudi, United Arab, Petro, Logistics, Thomson Locations: Algiers, Algeria, Nigeria, Iran, Saudi Arabia, Washington, OPEC, Iraq, United Arab Emirates, Angola
Saltwater will soon rush into the Mississippi River, which hit its lowest flow rate since 1988. AdvertisementAdvertisementFor the second year in a row, the Mississippi River water level is at an extreme low. AdvertisementAdvertisementThat's because a low flow rate could allow saltwater from the Gulf of Mexico to push into the river and pollute the source of drinking water for thousands. AdvertisementAdvertisementUSACE officials beyond Louisiana are also working to mitigate the effects of low water levels and low flow rates. Ultimately, rain — and a lot of it — is what the Mississippi River will need to reach its average water level and flow rate again, Roe and Dell'Orco both agreed.
Persons: John Bel Edwards, , We're, Matt Roe, Roe, Joe Biden, Edwards, Lou Dell'Orco, Louis District, Dell'Orco Organizations: Gov, Service, New, US Army Corps of Engineers, USACE, Louis Locations: Mississippi, Louisiana, New Orleans, Gulf, Mexico, Algiers, Plaquemines Parish, Missouri
When Will the Saltwater Wedge Reach New Orleans?
  + stars: | 2023-09-29 | by ( Mira Rojanasakul | ) www.nytimes.com   time to read: +11 min
When Will the Saltwater Wedge Reach New Orleans? Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city. Gulf of Mexico Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city. Gulf of Mexico Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city. Gulf of Mexico Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city.
Persons: Biden, Bernard, It’s, , Jeffrey Graschel, hydrologist, doesn’t, CONN, Matthew Roe, “ It’s, ” Mr, Graschel Organizations: New, Jefferson, Salvador Pointe à, Army Corps of Engineers, Copernicus, Midwest, U.S . Drought Monitor, National Weather Service, NEV, ALA, MISS, Oregon State University In, NOAA’s National Centers for Environmental Information, National Weather, Army Corps Locations: Orleans, Mississippi, New Orleans, Louisiana, Pontchartrain, Carrollton, Algiers, Salvador, la, Mexico Lake Pontchartrain, Salvador Pointe à la, Mexico, Gulf, Ohio, Slidell, La, Minnesota, MAINE, MINN, VT, N.H . IDAHO, S.D, N.Y, WIS, R.I, PA, IOWA, NEB . OHIO, UTAH, COLO . CALIF . VA, KAN . MO, KY, N.C, TENN, OKLA, ., MISS . TEXAS LA, FLA, NEV . UTAH, CONN, WYO, NEV . OHIO, Myrtle Grove,
An aerial view of New Orleans can be seen from a drone above the Mississippi River on April 1, 2023 in New Orleans, La. Ricky Carioti | The Washington Post | Getty ImagesPresident Joe Biden on Wednesday declared a federal emergency for a saltwater intrusion in the Mississippi River, which is threatening New Orleans' water infrastructure. The U.S. Army Corps of Engineers projects that two New Orleans water treatment plants will be affected by the end of October: the Algiers Water Treatment Plant on Oct. 22 and the Carrollton Water Treatment Plant on Oct. 28. Solutions under considerationAt a New Orleans City Council meeting on Wednesday, councilmembers, officials from the SWBNO and from the Department of Homeland Security discussed possible response strategies. Some New Orleanians are wondering why the city is always playing defense, despite the warning signs of saltwater intrusion in years past.
Persons: Ricky Carioti, Joe Biden, John Bel Edwards, Biden, Jesse Keenan, Mia Miller, Miller, Joseph Giarrusso, SWBNO, Councilmember Lesli Harris, Councilmember, there's, We're, Bywater, Stephen Murphy, bode, Murphy Organizations: Washington Post, Getty, Wednesday, Louisiana Gov, Federal Emergency Management Agency, Biden's, U.S . Army Corps of Engineers, Board, New, New Orleans City Council, U.S . Army Corps of Engineers New, Water Board, Tulane University, New Orleans City, Department of Homeland Security, FEMA, Tulane University's Disaster Management Locations: New Orleans, Mississippi, La, Plaquemines Parish, Louisiana, U.S . Army Corps of Engineers New Orleans, Algiers, Carrollton, Bywater, councilmembers
France says controversy over Morocco aid misplaced
  + stars: | 2023-09-11 | by ( ) www.reuters.com   time to read: +2 min
Paris and Rabat have had a difficult relationship in recent years notably over the issue of Western Sahara, which Morocco wants France to recognise as Moroccan. "This is a misplaced controversy," Catherine Colonna told BFM television when asked why Morocco had not made an official request to Paris for urgent assistance despite accepting help from Spain, Britain, Qatar and the United Arab Emirates. "We are ready to help Morocco. Paris has made 5 million euros ($5.4 million) available for non-governmental organisations operating in Morocco, Colonna said. Interior Minister Gerald Darmanin told France 2 earlier on Monday that Rabat, a "brotherly" nation, had the capabilities to cope alone with the rescue efforts.
Persons: Catherine Colonna, BFM, Colonna, Emmanuel Macron, Morocco's King Mohammed VI, Gerald Darmanin, John Irish, Nicolas Delame, David Holmes Organizations: United, France, Polisario, Western, Observatory, Immigration, Thomson Locations: Morocco, France, Paris, Rabat, Western Sahara, Moroccan, Spain, Britain, Qatar, United Arab Emirates, It's, Algeria, Algiers
Algeria to allow Morocco flights after quake despite bad ties
  + stars: | 2023-09-09 | by ( ) www.reuters.com   time to read: +2 min
A view shows a damaged building on the road between Amizmiz and Ouirgane, following a powerful earthquake in Morocco, September 9, 2023. REUTERS/Ahmed El Jechtimi Acquire Licensing RightsALGIERS, Sept 9 (Reuters) - Morocco's deadly earthquake prompted Algeria, which cut ties with its neighbour two years ago, to put aside the countries' bad relations and open its air space to aid flights. The border between Algeria and Morocco, the most powerful countries in the region, has been closed since 1994 and Algiers closed its air space to Morocco and suspended diplomatic relations in 2021, accusing Rabat of "hostile acts". During deadly wildfires in Algeria during each of the past three summers, Morocco has made offers of aid that Algiers has publicly ignored. Many Algerians voiced solidarity with Morocco on social media, some saying they hoped the bad political ties would not get in the way of helping their neighbour.
Persons: Ahmed El Jechtimi, Abdelkader Bengrina, Al Bina, Lamine Chikhi, Tarek Amara, Angus McDowall, Mark Heinrich, Frances Kerry Organizations: REUTERS, Rabat, Foreign Ministry, Thomson Locations: Amizmiz, Morocco, ALGIERS, Algeria, Algiers, Western Sahara, North Africa, Europe
The visit was Staffan de Mistura’s first to the Western Sahara since he was appointed in 2021 to oversee U.N. efforts to guide negotiations that date back more than three decades. Morocco annexed Western Sahara, a former Spanish colony in 1975, sparking a conflict with the pro-independence Polisario Front. The region is believed to have considerable offshore oil deposits and mineral resources and is slightly larger than the United Kingdom. The United Nations said in a statement leading up to the trip that he “looked forward to further deepening consultations with all concerned on the prospects of constructively advancing the political process on Western Sahara,” and noted that the visit would precede the publication of a Western Sahara report to the Security Council next month. Morocco referenced its preferred plan to grant the region a form of self-governance that falls short of independence.
Persons: De Mistura, , Joe Biden hasn't, Mistura's, Joshua Harris, Washington's, Harris, Lounès, Organizations: UNITED NATIONS, United Nations, Polisario Front, Security, Trump, U.S, Embassy, APS, , Moroccan Autonomy Initiative Locations: Western, Morocco, Western Sahara, Spanish, Polisario, United Kingdom, United States, Israel, , North Africa, Rabat, Algiers, Algeria, Sahara, “ Morocco, Moroccan
CAIRO, Sept 3 (Reuters) - Algeria's defence ministry said on Sunday its coastguard fired warning shots before firing directly at a man on a jet ski who entered Algerian waters, in an incident that a survivor said left two dead. "After multiple attempts, shots were fired on a jet ski," the ministry said. Another member of their group, Smail Snabi, was detained by the Algerian authorities, Kissi said. "Given that the maritime border area is witnessing intense activity by drug smuggling gangs and organized crime, Coast Guard members fired warning shots," the Algerian statement added. "I did not hear any warning shots.
Persons: Mohamed Kissi, Morocco's, Bilal, Abdelali Mchiouer, Smail Snabi, Kissi, Mchiouer's, Mohamed, Bilal Kissi, Bilal Kissi's, Hatem Maher, Ahmed Eljechtimi, Adam Makary, Ros Russell Organizations: coastguard, Rabat, Coast Guard, Reuters, Sunday, Human Rights, Ministry, Thomson Locations: CAIRO, Moroccan, Saidia, Algeria's, Algerian, Algeria, Morocco, Algiers, Oujda
RABAT, Sept 1 (Reuters) - Algerian authorities shot dead at least one Moroccan tourist after a group of five strayed into Algerian waters on jet skis, according to one of the survivors. Another member of their group was detained by the Algerian authorities, Kissi said. Moroccan authorities said they could not comment on the case, calling it a judicial matter. Mustafa Mechouar, the father of Abdelali Mechouar, told Reuters he believed his son was dead and wanted to bury him. "I appeal to Moroccan and Algerian authorities to reach an agreement to bring my son back to me to observe a proper funeral and burial for him," he said.
Persons: Mohamed Kissi, Morocco's, Kissi, Bilal, Abdelali Mechouar, Mohamed, Bilal Kissi, Bilal Kissi's, Mustafa Mechouar, Ahmed El Jechtimi, Tarek Amara, Geert de Clercq, Angus McDowall, Mike Harrison Organizations: Rabat, Ministry, Reuters, Thomson Locations: RABAT, Moroccan, Saidia, Algeria, Morocco, Algiers, Algerian, Oujda, Rabat, Tunis, Paris
BRICS expansion hopefuls seek to rebalance world order
  + stars: | 2023-08-21 | by ( Joe Bavier | ) www.reuters.com   time to read: +6 min
[1/6] People walk past the Sandton Convention Centre, which will host the upcoming BRICS Summit, in Johannesburg, South Africa August 19, 2023. The wealthy West's domination of international bodies, such as the United Nations, the International Monetary Fund or the World Bank. DEVELOPING WORLD DISCONTENTWhile BRICS has not divulged a full list of expansion candidates, a number of governments have publicly stated their interest. Others want changes at the World Trade Organization, International Monetary Fund and World Bank. Its BRICS trade has indeed increased steadily since it joined, according to an analysis by the country's Industrial Development Corporation.
Persons: James Oatway, Rob Davies, South, bode, Vladimir Putin, Steven Gruzd, BRICS, Ramón Lobo, Gruzd, Lucinda Elliott, Deisy, Yousef Saba, Gustavo Palencia, Lamine Chikhi, Ahmed Eljechtimi, Tomasz Janowski Organizations: Sandton, REUTERS, United Nations, International Monetary Fund, World Bank, BRICS, Observers, South African Institute of International Affairs, U.S ., Reuters, United, Emirates, World Trade Organization, Argentine, New Development Bank, Russia, Industrial Development Corporation, South, Thomson Locations: Johannesburg, South Africa, JOHANNESBURG, Iran, Argentina, Brazil, Russia, India, China, Ukraine, Venezuela, Gulf, Saudi Arabia, Ethiopia, Nigeria, United Nations, United States, Montevideo, Caracas, Dubai, Tegucigalpa, Lamine, Algiers, Rabat
Algeria bans 'Barbie' movie, media and official source say
  + stars: | 2023-08-14 | by ( ) www.reuters.com   time to read: +1 min
Margot Robbie attends the European premiere of "Barbie" in London, Britain July 12, 2023. REUTERS/Maja Smiejkowska/File PhotoALGIERS, Aug 14 (Reuters) - Algeria has banned the movie "Barbie," which had been showing at some cinemas in the country for several weeks, an official source and the local 24H Algerie news site said on Monday. The official source said the film "promotes homosexuality and other Western deviances" and that it "does not comply with Algeria's religious and cultural beliefs." Starring Margot Robbie and Ryan Gosling as Barbie and Ken, the movie sends Mattel Inc's (MAT.O) doll on an adventure into the real world. Reporting by Lamine Chikhi, writing by Angus McDowall, editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.
Persons: Margot Robbie, Maja Smiejkowska, Ryan Gosling, Barbie, Ken, Mattel, Lamine Chikhi, Angus McDowall, Sandra Maler Organizations: REUTERS, Ministry, Thomson Locations: London, Britain, ALGIERS, Algeria, Algerie, Lebanon, Kuwait
OPEC+ ministers keep oil output policy unchanged - sources
  + stars: | 2023-08-04 | by ( ) www.reuters.com   time to read: 1 min
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina//File PhotoLONDON, Aug 4 (Reuters) - A panel meeting of the top ministers of OPEC+ has kept oil output policy unchanged on Friday, two OPEC+ sources said. The panel, called the Joint Ministerial Monitoring Committee, includes ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, known as OPEC+. "Nothing new," one of the sources said. Reporting by Maha El Dahan, Ahmad Ghaddar, Olesya Astakhova and Alex Lawler, editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.
Persons: Ramzi Boudina, Maha El Dahan, Ahmad Ghaddar, Olesya Astakhova, Alex Lawler, Tomasz Janowski Organizations: Organization of, Petroleum, REUTERS, OPEC, Thomson Locations: Algiers, Algeria, Russia, OPEC
REUTERS/Alexander Manzyuk/File PhotoCompanies Kyndryl Holdings Inc FollowLONDON/DUBAI, Aug 4 (Reuters) - An OPEC+ ministerial panel which meets on Friday is unlikely to tweak the group's current oil output policy, five OPEC+ sources told Reuters, after a Saudi decision to extend its voluntary cut into September helped oil prices rally further. The panel, called the Joint Ministerial Monitoring Committee, can call for a full meeting of the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, known as OPEC+, if warranted. Oil prices rose more than 14% in July compared with June, the biggest monthly percentage increase since January last year, as tighter supply and rising demand outweighed concern that interest rate hikes and stubborn inflation could hit economic growth. Oil prices on Friday traded at nearly $86 a barrel, close to their highest since mid-April. Russia will also cut oil exports by 300,000 bpd in September, Deputy Prime Minister Alexander Novak said shortly after the Saudi announcement.
Persons: Alexander Manzyuk, Alexander Novak, Ahmad Ghaddar, Alex Lawler, Maha El, Lamine Chikli, Kirsten Donovan Organizations: REUTERS, Kyndryl Holdings, Organization of, Petroleum, Saudi, Reuters, OPEC, Thomson Locations: Republic of Tatarstan, Russia, DUBAI, OPEC, Saudi, Saudi Arabia, Algeria, London, Maha El Dahan, Dubai, Olesya, Moscow, Algiers
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