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LONDON, June 1 (Reuters) - Even if the U.S. dollar's singular dominance as global currency of choice is in fact ebbing, it may not automatically lead to a weaker dollar exchange rate - and could periodically mean the opposite. The big advantage of large dollar reserve holdings alongside wide commercial usage and trade in dollars overseas was clear. But the issue is typically read in markets as a reason to bet on a weakening dollar exchange rate - or even to pump alternatives such as gold or crypto tokens. Of course, that was a global economy riven with fixed dollar exchange rate pegs that supercharged the transmission of Fed policy, most of which have since been dismantled. That may be a world many countries prefer if they are sure of viable alternatives - but may not mean a weaker dollar.

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The case stems from the estate of Gianni Agnelli, the celebrated Fiat boss who was a symbol of Italy's post-war economic boom and died two decades ago. The second pact covered what would happen to the estate of Margherita's mother Marella, who died only in 2019 aged 91. Italian law prohibits such inheritance pacts. Dicembre is at the heart of a web of companies spanning the vast Agnelli family investments. Giovanni Agnelli BV in turn has a 53% controlling stake in listed Exor, which owns stakes in Stellantis, Ferrari and Juventus.

[1/5] A plane carrying British nationals, who were evacuated from Sudan, arrives at the Larnaca International Airport, in Larnaca, Cyprus, April 27, 2023. REUTERS/Yiannis KourtoglouLARNACA, Cyprus, April 27 (Reuters) - Britain had evacuated around 900 of its citizens from Sudan through Cyprus as of early afternoon Thursday and urged those remaining in the conflict-riven country to grasp an opportunity to leave during the final hours of a cease fire. The airlift of British nationals began on Tuesday. By early afternoon, around 900 people had arrived at the Cypriot airport of Larnaca on British Royal Air Force flights, sources at the airport said. She said she had to leave her husband Ghassan, a non British passport holder, and other members of her family behind.

☆ Trump, other 2024 hopefuls seek NRA's blessing amid spate of shootings
▼ + stars: | 2023-04-14 | by ( Alexandra Ulmer | Thomson Reuters | U.S. National Affairs Correspondent Who Spent Four Years In Venezuela Covering President Maduro'S Administration | ) www.reuters.com time to read: +4 min

A number of hopefuls, including Trump's closest rival, Florida Governor Ron DeSantis, are deliberating if and when to jump into the 2024 race to challenge the former president for the nomination. Trump, whom the NRA enthusiastically backed in 2016 before he was even officially declared the Republican presidential candidate, will address gun aficionados in person on Friday. DeSantis, and other White House hopefuls, Nikki Haley and Senator Tim Scott, will do so by video message. Trump's campaign website says he will "always defend your Second Amendment right to keep and bear arms," but does not provide detailed policy proposals. For some fervent NRA members, however, neither Trump nor DeSantis are committed enough to the cause.

☆ DeSantis to travel to Israel ahead of likely 2024 White House bid
▼ + stars: | 2023-03-28 | by ( James Oliphant | ) www.reuters.com time to read: +2 min

The trip, which is being billed by DeSantis’ office as a trade mission, follows a longstanding tradition for Republicans seeking the White House but comes at a particularly volatile moment. “At a time of unnecessarily strained relations between Jerusalem and Washington, Florida serves as a bridge between the American and Israeli people,” DeSantis said in the release. As Florida's governor, DeSantis has vowed to be a staunch ally of Israel and led a trade delegation there in 2019. The White House said it had no comment on DeSantis’ plans, while maintaining administration officials have been regularly in touch with the Israeli government during the crisis. DeSantis is widely expected to enter the 2024 race once the Florida Legislature concludes its current session in early May.

☆ Cyclone in Peru causes major flooding, at least six dead
▼ + stars: | 2023-03-12 | by ( ) www.reuters.com time to read: +1 min

The government has declared a state of emergency as it seeks to bring relief to regions of Peru hard hit by the cyclone known as Yaku, which include Lambayeque, Piura and Tumbes. Early on Friday, the National Institute of Civil Defense (INDECI) said flooding caused by Yaku had claimed six lives. [1/5] Machinery is used to repair a bridge destroyed by rains and floods caused by direct influence of Cyclone Yaku, in Piura, Peru March 11, 2023. Peru has been riven by instability and anti-government protests over the past few months since Congress removed former President Pedro Castillo from power in December. His replacement, President Dina Boluarte, visited parts of northern Peru on Saturday as the government delivered humanitarian aid to areas badly hit by the cyclone.

☆ Beaten and divided, Italy's centre-left seeks new leader
▼ + stars: | 2023-02-24 | by ( Crispian Balmer | ) www.reuters.com time to read: +3 min

[1/3] Centre-left Democratic Party (PD) supporters gather during the electoral campaign closing event of Enrico Letta, secretary of PD, in Piazza del Popolo, ahead of the general election, in Rome, Italy, September 23, 2022. REUTERS/Guglielmo MangiapaneSummary Italy's PD looking to recover after 2022 election defeatParty seeks ninth leader in just 16 yearsModerate regional president faces young left-wingerROME, Feb 24 (Reuters) - Italy's centre-left Democratic Party (PD) will chose a new leader this weekend who it hopes can pull the group out of a tail spin and provide a credible challenge to the nationalist prime minister, Giorgia Meloni. PD supporters will have to pick between two starkly different candidates who offer opposing views on how to revive the party after a string of crushing election defeats. He promotes himself as a sound administrator and proven vote winner, who would seek cross-party alliances to defeat the ruling right-wing coalition. Makeshift voting booths are being set up across the country and PD officials hope at least a million people take part.

"This result consolidates the centre-right and strengthens the work of the government," Meloni wrote on Twitter. However, fears inside the coalition that support might crumble for Meloni's two main partners proved unfounded. The result offered no comfort to the centre-left camp, comprising the Democratic Party (PD), the 5-Star Movement and so-called Third Pole, which is riven by mutual loathing. Italy's electoral laws at both a national and regional level favour parties that combine forces meaning Meloni's opponents face years in the wilderness unless they learn to work together. Reporting by Crispian Balmer and Angelo Amante; Editing by Gavin Jones and Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

☆ Five killed in gun attack on Cameroon farm workers
▼ + stars: | 2023-02-10 | by ( Amindeh Blaise Atabong | ) www.reuters.com time to read: +2 min

YAOUNDE, Feb 10 (Reuters) - At least five banana plantation workers were killed and several wounded on Friday in Cameroon’s Southwest region that is riven by separatist violence, a union leader said. The unidentified assailants shot at a truck carrying employees of Cameroon Development Corporation (CDC) - the country's largest state-owned agro-industrial firm whose workers have previously been targeted by Anglophone armed separatists fighting for an independent state. The ambush took place at around 5:30 p.m. local time near the town of Tiko after the labourers finished their work, said Gabriel Mbene Vefonge, president of the Cameroon Agricultural and Allied Workers Trade Union (CAAWOTU). They killed three other workers who were sitting in front before shooting sporadically," Vefonge told Reuters by phone, confirming that five were killed in total. Since then, thousands have been killed in the central African state, and rebels and government troops have taken turns to commit grievous atrocities.

☆ Cracks begin to show in India's Himalayan building spree
▼ + stars: | 2023-02-02 | by ( Krishn Kaushik | ) www.reuters.com time to read: +12 min

"Modern connectivity is also a guarantee of national security," Modi said at an election rally at a border village in October, where he said the new transport links would bring development to remote regions. India's ministries of highways and railway, which own the state-run companies building the road and rail projects, also did not respond. Hundreds of homes have sunk and cracked in an Indian tourist town close to the Himalayan border with China. Eight of the families neighbouring Butola have now left the village, their homes riven with cracks, villagers told Reuters. Officials halted road construction work near the town, fearful of a bigger collapse.

☆ Factbox: Who is Russia's new war commander Gerasimov and why was he appointed?
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +5 min

Gerasimov's deputies will be Army General Sergei Surovikin, the previous theatre commander, appointed three months ago and nicknamed "General Armageddon"; Army General Oleg Salyukov; and Deputy Chief of the General Staff Colonel-General Alexei Kim. "Now the General Staff is directly and uncompromisingly responsible for absolutely everything," said Semyon Pegov, a Russian military blogger who uses the name Wargonzo. Gerasimov was appointed chief of the general staff and deputy defence minister by Putin on Nov. 9, 2012, three days after Putin's long-time ally Sergei Shoigu was made defence minister. Gerasimov played key roles in Russia's seizure of Crimea from Ukraine in 2014 and in Russia's game-changing military support for President Bashar al-Assad in the Syrian Civil War. Gerasimov was born on Sept. 8, 1955, in Kazan, rising through the ranks from Russia's tank forces to graduate in 1997 from the Military Academy of the General Staff.

☆ Sean Hannity confronts Lauren Boebert for opposing McCarthy as speaker, asking: 'Is this a game show?'
▼ + stars: | 2023-01-05 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Fox News host Sean Hannity challenged Rep. Lauren Boebert on Wednesday. He criticised her refusal to back Rep. Kevin McCarthy's House speaker bid. The GOP's failure to elect a House speaker has tipped the party into uncertainty. Like we're gonna pick Jim Jordan one day, Trump the other day?" The battle over the House speaker position has turned usually staunch political allies against each other.

Jailed for graft in 2018 - the year right-wing former President Jair Bolsonaro was elected - Lula's convictions were overturned in 2019, allowing him to oust Bolsonaro in October's election. The more ideological Lula who emerged from jail in 2019 should not be a cause for concern, friends and allies said. Lula's spokesman Jose Chrispiniano said the president supported fiscal responsibility and believes that strengthening the economy is the best way to combat poverty. "Good morning, President Lula," his devotees would chant as the day began, followed by "Good night, President Lula," as he went to bed. From his 15-square-meter cell on the third floor of the Federal Police headquarters in Curitiba, Lula set about reorganizing the PT and managing his legal defense.

☆ Pioneering U.S. television journalist Barbara Walters dead at 93
▼ + stars: | 2022-12-31 | by ( Bill Trott | ) www.reuters.com time to read: +6 min

[1/2] Television personality Barbara Walters arrives for the premiere of the film "Wall Street: Money Never Sleeps" in New York September 20, 2010. "I asked Yeltsin if he drank too much, and I asked Putin if he killed anybody," Walters told the New York Times in 2013. "These two men were really quite brutal to me and it was not pleasant," Walters told the San Francisco Examiner. The New York Times called her "arguably America's best-known television personality" but also observed that "what we remember most about a Barbara Walters interview is Barbara Walters." Walters' three marriages - to businessman Robert Katz, theatrical producer Lee Guber and television executive Merv Adelson - ended in divorce.

☆ The Biggest Debates and Opinions in 2022 - The New York Times
▼ + stars: | 2022-12-20 | by ( ) www.nytimes.com time to read: +30 min

Opinion The 22 Debates That Made Us Rage, Roll Our Eyes, and Change Our Minds in 2022Debating is what we do here at Times Opinion. To many, she was an icon: She ruled for 70 years, presided over the transition from empire to commonwealth and served as a living link to the generation that won World War II. (Though Ben Bernanke, a former Fed chairman himself, wrote in The Times that that wasn’t going to happen.) The United States and its European allies poured weapons and aid into Ukraine, but how was this going to end? As 2022 draws to a close, the fighting continues and peace talks look as distant as ever — which probably means that the debates will continue.

☆ Elon Musk has divided Silicon Valley friendships in the same way Donald Trump divided American families, according to former Facebook executive
▼ + stars: | 2022-12-14 | by ( Tom Dotan | ) www.businessinsider.com time to read: +3 min

Musk's fans and critics in Silicon Valley find it increasingly hard to get along, according to Alex Stamos, Facebook's former CISO. Stamos, who helped oversee content moderation at Facebook during the turbulent post-2016 election period, compared the situation to Donald Trump's divisiveness. "There's a scary impulse in the valley right now [to defend Musk]," Stamos said. "The fact that he has become this pied piper for otherwise serious people...it feels in Silicon Valley like after Trump was elected and families got a little riven." Stamos also predicted that as the Musk-Twitter experiment continues to unravel, Musk's Silicon Valley supporters will recant their position if his free-for-all approach results in real-world consequences.

Sinema herself, however, said she would not caucus with the Republican Party, according to an interview Politico published on Friday. It will be up to Senate Democrats to foil Republican initiatives. Sinema and Democratic Senator Joe Manchin have kept Washington in suspense over the last two years as they repeatedly withheld needed votes for legislation sought by Biden. Senator Kyrsten Sinema (D-AZ) walks from her hideaway office to the Senate floor at the U.S. Capitol in Washington, U.S. August 2, 2022. Just this week, Sinema and Republican Senator Thom Tillis unveiled an immigration reform plan that is getting bipartisan attention in the Senate.

☆ China’s Xi Jinping to Meet Arab Leaders in Milestone for Middle East Ties
▼ + stars: | 2022-12-09 | by ( Stephen Kalin | ) www.wsj.com time to read: 1 min

RIYADH, Saudi Arabia—Chinese leader Xi Jinping on Friday will attend a summit of Arab leaders billed as a milestone for relations with the Middle East, an energy-rich region riven by conflict that is witnessing growing competition between Beijing and Washington—long the region’s dominant security force. After meeting Saudi leaders on Thursday and elevating bilateral relations to the highest level, Mr. Xi will now gather with the six Gulf Cooperation Council countries and the broader 22-member League of Arab States. The meetings are expected to produce broad agreements but few big policy shifts. A free-trade agreement with the Gulf, talked about for years, could make progress.

☆ Sen. Sinema leaves Democratic Party to become independent
▼ + stars: | 2022-12-09 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsSen. Sinema leaves Democratic Party to become independentPostedMaverick U.S. Senator Kyrsten Sinema of Arizona is leaving the Democratic Party to become an independent, she said on Friday, adding drama to the 100-member chamber riven by deep political divisions. This report produced by Chris Dignam.

[1/4] Peru's new President Dina Boluarte arrives to speak to the media at the Government Palace, in Lima, Peru December 8, 2022. That's easier said than done," said Jason Marczak, senior director of the Atlantic Council's Adrienne Arsht Latin America Center. "The last Peruvian president to not belong to a political party, Martin Vizcarra, was impeached by Congress in 2020, leading to a wave of protests," said Marczak. But after Wednesday's events, the 60-year-old Boluarte lambasted Castillo for his "attempted coup." "(Peru's new President) Dina Boluarte is not our president," said Sonia Castaneda at a protest on Wednesday in Lima, where some pro-Castillo demonstrators clashed with police.

☆ Jiang Zemin made China richer and more unequal
▼ + stars: | 2022-11-30 | by ( John Foley | ) www.reuters.com time to read: +5 min

NEW YORK, Nov 30 (Reuters Breakingviews) - Jiang Zemin, who died on Wednesday, catapulted China into the modern world. And his death comes at an inconvenient time for the current president, Xi Jinping. Chosen as party chief weeks before the violent 1989 suppression of Tiananmen Square protesters who demanded economic and political reforms, Jiang inherited a system riven by infighting. While numbers can deceive in a state-led economy like China’s, Jiang still notched up some encouraging stats. Follow @johnsfoley on TwitterCONTEXT NEWSJiang Zemin, the former president of China, died on Nov. 30.

☆ Trump and his far-right allies have stoked a dangerous climate that increases the likelihood of violence far beyond midterms, extremism experts warn
▼ + stars: | 2022-11-07 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +9 min

Political violence experts warn that Trump and his allies are fomenting a dangerous climate. "Republican campaign ads have been riven with violent language and imagery," an expert on political violence said. Pelosi is one of the Democrats most vilified by former President Donald Trump and his far-right allies. Experts on extremism and political violence warn that Trump and his MAGA compatriots are fomenting a dangerous climate that increases the likelihood that opponents of the GOP will be targeted with violence, underscoring that the threat extends well beyond midterms. "This form of political violence is here to stay.

☆ Battling cholera, Lebanon gets first vaccines, and sharp words, from France
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +2 min

BEIRUT, Oct 31 (Reuters) - Lebanon took delivery on Monday of its first vaccines to combat a worsening cholera outbreak - together with sharply worded criticism of the crisis-hit country's crumbling public health infrastructure from donor nation France. Lebanon had been cholera-free since 1993, but its public services are suffering under a brutal economic crisis now in its fourth year, while infighting among the country's faction-riven elite has paralysed its political institutions. The vaccines would play "an essential role" in limiting the disease's spread, Health Minister Firass Abiad told reporters in the capital as he announced the first batch. "The origins of this epidemic, in which public health is at stake, must also be treated," Anne Grillo told reporters. The outbreak was "a new and worrying illustration of the critical decline in public provision of access to water and sanitary services in Lebanon."

☆ Factbox: What is Rishi Sunak's solution to Britain's problems?
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +5 min

Although some of the challenges have changed since then, what does that campaign tell us about how he would govern? ECONOMIC CHALLENGESRegister now for FREE unlimited access to Reuters.com RegisterBritain is facing an economically toxic combination of recession and rising interest rates. The Bank of England is trying to tame double-digit inflation while consumers face rising costs and falling real incomes. ECONOMIC POLICIESIn a statement issued on Sunday announcing his candidacy, Sunak said the country faced a "profound economic crisis". He also refused to rule out Britain's withdrawal from the European Court of Human Rights.

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