Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Hampers"


25 mentions found


download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUkraine's increasing ammunition struggles have hamstrung its war effort, forcing the country to sacrifice long-term strategy for short-term certainty. Russia has maintained an advantage in artillery ammunition since the war began nearly two years ago. That advantage has only increased in recent months as Ukraine struggles to gain an edge against Russia's growing momentum. Much of the focus on ammunition for both Russia and Ukraine comes from old Soviet war doctrine, which is artillery-centric, Miles said.
Persons: , Mark Cancian, Cancian, Simon Miles, they're, Miles Organizations: Service, for Strategic, International, Business, Duke University's Sanford School of Public, Soviet Union Locations: Russia, Ukraine, North, Washington, DC, Soviet
Because anti-smoking groups aren’t just fighting the tobacco companies these days. They have fractured over tobacco harm reduction — the idea that people who cannot or will not quit smoking should be provided with alternatives, notably e-cigarettes, which deliver nicotine without burning tobacco. They argue that e-cigarettes will lead to a new generation addicted to nicotine, even if they are not smoking. It focuses largely, but not entirely, on reduced-risk nicotine products, a category that includes e-cigarettes, oral tobacco, and “heat not burn” products that warm up tobacco without burning it. There are no safe tobacco products; all fall along what’s called a continuum of risk.
Persons: Cliff Douglas, Philip Morris, Douglas, , ” Douglas, Bloomberg Philanthropies, American Heart Association —, Michael Bloomberg, that’s, General’s, , Charles Gardner, Joanna Cohen, Ellen MacKenzie, Yolonda Richardson, Deborah Arnott, “ I’m, Michael Cummings, they’ve, Marc Gunther Organizations: Foundation, Philip, Philip Morris International, American Cancer Society, American Lung Association, Centers for Disease Control, Bloomberg, Tobacco, American Heart Association, Truth Initiative, Rockefeller, UBS Optimus, Bloomberg School of Public Health, Johns Hopkins University, Campaign, Reuters, FDA, Centers for Disease, Medical University of South, Associated Press, Philanthropy, AP Locations: United States, – California , Massachusetts , New Jersey , New York, Rhode, San Francisco, , British, Medical University of South Carolina, vaping
Officials investigating why a panel on a Boeing 737 Max 9 blew open during an Alaska Airlines flight last week say they are struggling to piece together exactly what happened because the plane’s cockpit voice recorder overwrote itself before it could be retrieved. last month proposed 25-hour recorders on new planes but argued that adding them to the existing fleet of U.S. planes would be too expensive. In addition, a pilots’ union has opposed the move to 25-hour recordings unless Congress puts in place protections that would prohibit their release to the public. The chairwoman of the safety board, Jennifer Homendy, said the agency’s investigators had conducted 10 investigations since 2018 in which the cockpit voice recorder had been written over, with critical recordings lost forever. The voice recorders are among the key pieces of evidence that investigators use in reconstructing the events that led up to accidents as they work to establish a cause.
Persons: overwrote, Jennifer Homendy Organizations: Boeing, Max, Alaska Airlines, National Transportation Safety Board, Federal Aviation Administration Locations: U.S
Toyota, Toyota Industries and Aisin will sell Denso shares worth a total of about 700 billion yen ($4.7 billion) at current market prices, the two sources said. In a statement, Denso said it was considering a share sale, a buyback and other capital measures, but that nothing had yet been decided. At $4.7 billion, it would be the second-biggest such share offering in Japan this year, after the more than $9 billion sale of shares in Japan Post Bank (7182.T) in March, according to LSEG data. Denso shares, which were down almost 4% before the news, extended losses after the Reuters report and fell as much as 6.8% on the day, closing 4.9% lower. Toyota shares finished little changed, as did the benchmark Nikkei 225 (.N225).
Persons: Denso, Miho Uranaka, Daniel Leussink, Maki Shiraki, Nobuhiro Kubo, David Dolan, Jamie Freed, Miral Fahmy, Louise Heavens Organizations: Companies, Toyota, Toyota Industries, Aisin, Japan Post Bank, Tokyo Stock Exchange, Buyers, KDDI Corp, Reuters, Nikkei, Thomson Locations: TOKYO, Denso, Japan
[1/3] NATO Secretary General Jens Stoltenberg shakes hands with Bosnian Prime Minister Borjana Kristo during his visit to Sarajevo, Bosnia and Herzegovina, November 20, 2023. Bosnia emerged from a 1992-1995 war with a federal structure uniting a Serb-dominated republic with a federation of Croats and Bosniak Muslims. "We are concerned by secessionist and divisive rhetoric as well as .. foreign interference including Russia," Stoltenberg told reporters in Sarajevo, his first stop during a tour of the Western Balkans region. NATO has warned about risks for Bosnia from foreign interference, particularly from Russia, and agreed to help to shore up its ability to defend itself. Every country has the right to choose its security arrangements without foreign interference," Stoltenberg said after meeting the chairwoman of Bosnia's Council of Ministers, Borjana Kristo.
Persons: Jens Stoltenberg, Borjana Kristo, Amel, Milorad Dodik, Stoltenberg, Christian Schmidt, " Stoltenberg, Borjana, Daria Sito, Toby Chopra, Peter Graff Organizations: NATO, Bosnian, REUTERS, Rights, Representative, UN Security Council, Bosnia's, Ministers, Thomson Locations: Sarajevo, Bosnia, Herzegovina, Rights SARAJEVO, Serbia, Russia, Western Balkans, Yugoslavia, masse, EU, Ukraine, Balkans, Bosnian, Russian Bosnian Serbs
CHARLESTON, W.Va. (AP) — Democratic Sen. Joe Manchin of West Virginia announced Thursday that he won’t seek reelection in 2024, giving Republicans a prime opportunity to pick up a seat in the heavily GOP state. “I believe in my heart of hearts that I have accomplished what I set out to do for West Virginia," he said. Political Cartoons View All 1237 ImagesAlready, 2024 was shaping up to be a tough election cycle for Senate Democrats. He won reelection in both 2012 and 2018, with the latter campaign his toughest in his three-plus decades in West Virginia politics. During Manchin’s first two terms in the Senate, West Virginia lost thousands of coal jobs as companies and utilities explored using other energy sources such as natural gas, solar and wind.
Persons: — Democratic Sen, Joe Manchin, won’t, , , Manchin, clamoring, Alex Mooney, Donald Trump, Joe Biden’s, Kamala Harris ’, Sen, Kyrsten, midterms, Biden, — zapping, Sinema, Robert C, Byrd, Morrisey, Manchin’s, Bernie Sanders, White, Mitch McConnell of, Brett Kavanaugh, Neil Gorsuch, Barack Obama Organizations: — Democratic, West Virginia, United States Senate, Democratic, Republican, GOP, Senate Democrats, Democrat, Republicans, Trump, Senate, Biden Locations: CHARLESTON, W.Va, West, West Virginia, Arizona, Pennsylvania, Mitch McConnell of Kentucky
King's Fine FoodLaura King has run a caviar business for almost 20 years — even supplying Britain's royal family with the coveted foodstuff. Now, she's known as the "caviar queen," and her firm King's Fine Food imports hundreds of kilos of caviar into the U.K. every two to three weeks. Oscietra caviar is the most popular product sold by King's Fine Food. Laura King (left), founder of King's Fine Food, with her daughter Holly King, the company's sales director. "We're two women in business, probably the only two women in the caviar business almost in the world.
Persons: Laura King, King, John King, Holly —, , Conran, Melba, Terence Conran, retails, , You've, you'll, I've, King's, Holly King, Mason, Queen Elizabeth II, Holly, We've Organizations: King's, CNBC, Fine Food, Harrods, Cathay Pacific, Emirates . British Airways, Foods, John King Brain, Royal Locations: London, Dorchester, British, Iran, Russia, Belgium, China
AdvertisementAdvertisementUkraine doubled down on claims on Friday that it had damaged a Russian patrol ship near Sevastopol with "Sea Baby" drones. If confirmed, the strike could add to long-term pressure on Russia's ability to maintain and repair its Black Sea Fleet, experts say. Russia is already barred from bringing reinforcements to its Black Sea Fleet. AdvertisementAdvertisement"Consequently, the Black Sea Fleet will have to be increasingly prudent with its remaining assets," he added. AdvertisementAdvertisementThis squeeze on the Black Sea Fleet ultimately hampers some of its ability to project power over those waters, Germond said.
Persons: , Basil Germond, Pavel Derzhavin, Pavel, Sutton, rove, ake Organizations: Service, Fleet, Lancaster University, Crimean Telegram, Crimean, Russian Telegram, Black, Russia's Ministry of Defense Locations: Ukraine, Russian, Sevastopol, Russia, Russia's, Ukrainian
But no one could foresee just how quickly the paralysis in Washington would test the country’s reaction to a major global crisis. A situation this dangerous requires a calm, united and thoughtful US response, supported across the political spectrum. This means, at best, the United States will spend the coming months preoccupied by its own political plight. As president, I will once again stand with Israel,” Trump said. A growing sense abroad that America’s political problems are limiting its ability to lead globally could also have a devastating effect on its power.
Persons: , Kevin McCarthy, Donald Trump, Joe Biden, “ Joe Biden, Israel, ” Trump, Biden, autocrats, doesn’t, Michael McCaul, Xi, Michael Lawler, , ” Lawler, CNN’s Dana Bash, McCarthy, Jim Jordan, Trump, Steve Scalise, Ukraine –, America’s, Russia –, Antony Blinken, , Nikki Haley, Blinken, ” Haley, GOP Sen, Tim Scott of, Biden – Organizations: CNN, Republicans, Israel, Republican, Trump, Hamas, House Foreign Affairs, Texas Republican, GOP, Senate, Democratic, White, Russia, Republican Party, US Treasury Department, Union, United Nations, Press, Washington Locations: Israel, United States, Washington, Ukraine, Iran, Russia, China, “ State, Texas, New York, Kyiv, Beijing, Moscow, Tehran, Gaza, Islamic Republic, Saudi Arabia, Tim Scott of South Carolina
CNN —NATO Secretary General Jens Stoltenberg has warned that the war in Ukraine could be long, as Kyiv’s counteroffensive against Russia continues to make only marginal gains. Therefore, we must prepare ourselves for a long war in Ukraine,” Stoltenberg said in an interview with German newspaper Berliner Morgenpost published Sunday. If President Putin and Russia laid down their weapons, we would have peace,” the NATO chief said. On the possibility of Putin using nuclear weapons in Ukraine, Stoltenberg said: “Putin’s nuclear rhetoric is dangerous and ruthless, but NATO is prepared for every threat and challenge. “The point of NATO is to prevent war – not least nuclear war.
Persons: Jens Stoltenberg, ” Stoltenberg, , Zelensky, Putin, Stoltenberg, Sofiia Gatilova, Stepanov, , Mark Milley, Budanov Organizations: CNN, NATO, Berliner, Reuters, Getty, Russia, United, United States ’, Joint Chiefs, Staff, BBC Locations: Ukraine, Russia, Bakhmut, Reuters Ukrainian, Chernihiv, AFP, Moscow, Andriivka, United States
And to this day it is the victim of an illegal economic embargo," Lula said in a speech opening the G77 Summit of developing nations in the capital, Havana. The comments were made just hours before Lula left for New York, where he will attend the United Nations General Assembly and have bilateral talks with Biden. Earlier, Cuba expressed concerns over the label and Washington’s decades-old Cold War-era economic embargo against the island governed by the Communist Party of Cuba. Cuba and critics of the economic sanctions say the embargo prevents and hampers access to food, medicine and other critical development supplies. In 2019, during the first year of right-wing Jair Bolsonaro's administration, Brazil voted against the motion along with the United States and Israel.
Persons: Luiz Inacio Lula da Silva, Donald Trump, Biden, Lula, Lisandra Paraguassu, Steven Grattan, Aurora Ellis Organizations: Reuters, Former U.S, Trump, United Nations General Assembly, Communist Party of Cuba, European Union, U.S . State Department, United Nations Locations: BRASILIA, Cuba, United States, Havana, Brazil, New York, Israel, Paris
And to this day it is the victim of an illegal economic embargo," Lula said in a speech opening the G77 Summit of developing nations in the capital, Havana. The comments were made just hours before Lula left for New York, where he will attend the United Nations General Assembly and have bilateral talks with Biden. Earlier, Cuba expressed concerns over the label and Washington’s decades-old Cold War-era economic embargo against the island governed by the Communist Party of Cuba. Cuba and critics of the economic sanctions say the embargo prevents and hampers access to food, medicine and other critical development supplies. In 2019, during the first year of right-wing Jair Bolsonaro's administration, Brazil voted against the motion along with the United States and Israel.
Persons: Luiz Inacio Lula da Silva, Donald Trump, Biden, Lula, Lisandra Paraguassu, Steven Grattan, Aurora Ellis Organizations: Former U.S, Trump, United Nations General Assembly, Communist Party of Cuba, European Union, U.S . State Department, United Nations, Thomson Locations: BRASILIA, Cuba, United States, Havana, Brazil, New York, Israel, Paris
Aid was trickling into eastern Libya on Wednesday, where more than 5,000 people have died in recent days from catastrophic flooding. But with roads and bridges damaged and cut off, access to the hardest-hit city of Derna on the Mediterranean coast remained a major hurdle to bringing in help, according to international aid groups. Thousands of people are believed to still be missing, meaning the death toll was likely to rise further in the hours and days ahead. The flooding hit after heavy rains burst through two dams near Derna, a city of nearly 100,000 people. The Derna City Council has called for the opening of a maritime passageway to the city and for urgent international intervention.
Locations: Libya, Derna, Libyan
China’s growth is buried under great wall of debt
  + stars: | 2023-09-13 | by ( Yawen Chen | ) www.reuters.com   time to read: +8 min
Most of these 3,000-plus entities were created by local governments during the 2008 crisis to skirt a central government ban on direct state borrowing. These vehicles had already accumulated 80 trillion yuan of liabilities at the end of 2022, according to analysts at Guosheng Securities. At a more optimistic 30% discount, the proceeds would jump to 55 trillion yuan, which would cover all outstanding interest-bearing debt. S&P analysts calculate that about 20 trillion yuan of LGFVs’ loans may be at risk of restructuring. If Xi won't boost property wholeheartedly and is not able to count on consumers, his efforts to revive China’s growth have to focus on smashing the great wall of local debt.
Persons: Wen Jiabao, Xi Jinping, Wen, Xi, Peter Thal Larsen, Sharon Lam, Aditya Sriwatsav Organizations: Reuters, HK, Guosheng Securities, Citi, Finance, Reuters Graphics, Financial Times, Investment, Oxford Economics, Thomson Locations: Beijing, China, Shanghai, New York, China's Southwestern Guizhou, United States
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/china/xis-tight-control-hampers-stronger-response-to-chinas-slowdown-868ab454
Persons: Dow Jones
Kyiv CNN —The United States’ top general has warned Ukraine has just six weeks left before changing weather hampers its counteroffensive, even as Kyiv is signaling it could fight on into the winter. Meanwhile, an online update from the southern ‘Tavria’ command said: “we continue to make small advances in the area of Robotyne. One of Zelensky’s senior security officials, speaking at the same event the following day, indicated Ukraine’s forces might be set to keep attacking well into the coming winter. Kyrylo Budanov, head of military intelligence, acknowledged the counteroffensive was moving more slowly than he would like. Ukraine’s counteroffensive in the south then ran for a further six weeks, only ending around November 10 with the liberation of Kherson.
Persons: Mark Milley, Milley, , aren’t, haven’t, It’s, , Volodymyr Zelensky, Budanov, David Petraeus, Kyiv’s Organizations: CNN, United, United States ’, Joint Chiefs, Staff, BBC, Biden, Russian Locations: United States, Ukraine, Robotyne, Zaporizhzhia, Tokmak, Kyiv, Kharkiv, Lyman, Kherson, Russia
New York CNN —Economists added yet another term to their lexicon in recent months: immaculate disinflation. That pain tends to come in the form of a higher unemployment rate, which hampers economic growth. Yet the nation’s unemployment rate actually fell from 3.6% in June 2022 to 3.5% in July 2023. That’s leading some economists to believe that immaculate disinflation may be possible. “I wouldn’t call this disinflation immaculate,” he said in a CNBC interview at last month’s Jackson Hole Fed conference.
Persons: there’s, that’s, aren’t, Jerome Powell, Powell, Alex Wong, Joe Biden’s, Jared Bernstein, , Jackson, , Bernstein, Loretta Mester, ” Mester, it’s, Mester Organizations: New, New York CNN, CNBC, Fed, White, Cleveland Fed Locations: New York, United States
[1/2] Russian service members walk near a burnt car following recent shelling in the course of Russia-Ukraine conflict in Donetsk, Russian-controlled Ukraine, September 1, 2023. REUTERS/Alexander Ermochenko Acquire Licensing RightsKYIV, Sept 1 (Reuters) - Ukraine said on Friday its troops had broken through Russia's first line of defences in several places, though they have then encountered even more heavily-fortified Russian positions. Deputy Defence Minister Hanna Maliar said Kyiv's troops, in a much-vaunted counteroffensive against Russian forces, were advancing in the Zaporizhzhia region. Washington also said on Friday that Kyiv had made notable progress on the southern front in the last 72 hours. "They have achieved some success against that second line of Russian defenses," Kirby said, adding it was up to Ukraine on how to capitalize on that success.
Persons: Alexander Ermochenko, Hanna Maliar, Maliar, John Kirby, Kirby, they've, Mykhailo Podolyak, Tom Balmforth, Trevor Hunnicitt, Susan Heavey, Peter Graff Organizations: REUTERS, Rights, Deputy, Russian, White, National Security, Kyiv, Reuters, Thomson Locations: Russia, Ukraine, Donetsk, Russian, Zaporizhzhia, Washington, United States, Robotyne, Kyiv, Moscow
CNN —South Africa’s former President Jacob Zuma was returned to prison on Friday to comply with a ruling that his release on ill health was unlawful – but was freed after just an hour under a remission process to address overcrowding in jail. In September 2021 the government’s correctional services department said Zuma, then 79, had been released from prison on medical parole due to ill health. The department announced that Zuma had been released from prison in October 2022. But South Africa’s Court of Appeal ruled in November that Zuma should return to prison, saying the decision to release him on medical parole was unlawful. To comply with the ruling, Zuma returned to prison on Friday, but benefited from South African President Cyril Ramaphosa’s policy of granting remission to nonviolent offenders in South Africa, in order to reduce overcrowding in prisons.
Persons: Jacob Zuma, , Makgothi Thobakgale, Zuma, Cyril Ramaphosa’s, Ronald Lamola, Organizations: CNN, Correctional Services, ” Correctional Locations: South Africa, Africa’s
REUTERS/Jonathan ErnstAug 10 (Reuters) - A federal appeals court on Thursday will weigh lifting a Louisiana judge's order limiting the Biden administration's ability to communicate with social media companies to urge them to moderate information it deems harmful or misleading. Circuit Court of Appeals in New Orleans is set to hear arguments in the administration's appeal of the judge's ruling, which found that the government wrongly pushed social media firms to suppress disfavored political views. The Biden administration quickly appealed, and the 5th Circuit temporarily put the judge's ruling on hold while it heard the case. The administration denies forcing social media companies to take down any posts. The panel that will hear the Biden administration's appeal includes three judges who were all appointed by Republican presidents, U.S.
Persons: Joe Biden, Jonathan Ernst, Terry Doughty's, Doughty, Donald Trump, Trump, lockdowns, Biden, Edith Brown Clement, Jennifer Walker Elrod, Don Willett, Brendan Pierson, Nate Raymond, Aurora Ellis Organizations: REUTERS, Biden, Circuit, District, Democratic, Meta, Inc, YouTube, Twitter, X Corp, Trump, Department of Health, Human Services, Federal Bureau of, 5th Circuit, Republican, Thomson Locations: Arcosa, Belen , New Mexico, U.S, Louisiana, New Orleans, Missouri, Monroe, New York
July 31 (Reuters) - A group of Democratic state attorneys general has urged a federal appeals court to lift an order sharply curbing the ability of government officials to push social media companies to moderate content they deem harmful. Circuit Court of Appeals that the order hampers efforts by government officials to stop the spread of false information. They alleged that U.S. government officials, under both Democratic President Joe Biden and his Republican predecessor Donald Trump, effectively coerced social media companies to censor posts over concerns they would fuel vaccine hesitancy during the COVID-19 pandemic or upend elections. The office of Louisiana Attorney General Jeff Landry did not immediately respond to a request for comment. Reporting By Brendan Pierson in New York; editing by Deepa Babington and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
Persons: Letitia James, Terry Doughty, Joe Biden, Donald Trump, Biden, Andrew Bailey, Jeff Landry, Edith Brown Clement, Jennifer Walker Elrod, Don Willett, Brendan Pierson, Deepa Babington, Leslie Adler Organizations: Democratic, District of Columbia, New York, New, Circuit, Appeals, District, Republican, U.S, Facebook, YouTube, Department of Health, Human Services, Federal Bureau of, Missouri, Thomson Locations: New Orleans, U.S, Louisiana, Missouri, New York
July 20 (Reuters) - China's frail growth could weigh on companies with exposure to the world's second-largest economy, including Apple (AAPL.O), big chipmakers and luxury retailers as they report quarterly results in the next few weeks. China accounted for 36% of NXP's revenue last year and half of Texas Instruments' revenue. Analysts estimate NXP reporting a 3.2% drop in quarterly revenue, with Texas Instruments' revenue tumbling 16%, which would be its steepest drop since 2009, according to Refinitiv. The specialty glass maker blamed "anticipated recession-level demand" for weak results in its previous quarterly report last April. Coffee maker Starbucks (SBUX.O) in May reported quarterly results that beat estimates, powered by recovering demand in China.
Persons: Ross Mayfield, Baird, Cartier, Richemont, Bernstein, Tesla, Jonathan Golub, hobble, David Klink, Noel Randewich, Chavi Mehta, Caroline Valetkovitch, Mimosa Spencer, David Gaffen, Nick Zieminski Organizations: Apple, U.S, Shanghai, ABB, HK, NXP Semiconductors, Texas, Texas Instruments, . Credit Suisse Chief, Equity, Corning Inc, Samsung Electronics, Huntington Private Bank, Reuters, Thomson Locations: China, U.S, Swiss, Asia, ., China . U.S, Washington, Beijing, Oakland , California, Bangalore, New York, Paris
While working professionals remain "keenly interested" in remote work, employers have been far less likely to mention "work from home" in postings, said Indeed Singapore. In May 2023, 6.6% of job postings explicitly mentioned phrases such as "work from home" or "remote work" in their job descriptions. Callam Pickering APAC senior economist, IndeedBy contrast, jobseeker interest in remote work "remains elevated" with 3.5% of searches, Indeed added. Terms such as "full-time," "remote work" and similar phrases are also consistently among Singapore's most popular search terms. Job postings in declineSingapore job postings on the portal are on a decline, with numbers hitting lowest levels since September 2021.
Persons: Samantha, It'll, jobseekers, Callam Pickering APAC, Jobseekers, Callam, Guy Berger, LinkedIn's, there's Organizations: CNBC, LinkedIn's Locations: Singapore, Callam Pickering, Asia, Pacific, APAC
UN food aid deliveries by AI robots could begin next year
  + stars: | 2023-07-07 | by ( Emma Farge | ) www.reuters.com   time to read: +2 min
GENEVA, July 7 (Reuters) - AI-powered robotic vehicles could deliver food parcels to conflict and disaster zones by as early as next year in a move aimed to spare the lives of humanitarian workers, a World Food Programme (WFP) official told Reuters. Attacks against aid workers have intensified in recent years amid the highest number of violent conflicts since World War Two, according to the United Nations. WFP, the U.N.'s food aid agency, alone lost three workers earlier this year in Sudan's conflict. They were first conceived during the battle for Syria's Aleppo, between 2012 and 2016, when humanitarian workers struggled to get aid to besieged parts of the city, Kowatsch said. AI is used to combine data gleaned from various sources including satellite and sensors, allowing remote drivers to steer the vehicles.
Persons: Bernhard Kowatsch, Kowatsch, Emma Farge, Frank Jack Daniel Our Organizations: Food Programme, Reuters, United Nations, WFP, International Telecommunication Union, Air, Emergency, German Aerospace Center, Thomson Locations: GENEVA, Geneva, Aleppo, Syria, Sudan, South Sudan
Kenyan shipments of tea - its major export - have fallen by a fifth over the last year, according to the local regulator. The spike in global interest rates has already tipped Sri Lanka and Ghana into defaulting. Reuters GraphicsBLACK MARKETAlthough the dollar's share as a global reserve currency has dropped to 59% from 70% over a decade, it continues to dominate global trade. Nigeria has long had a web of multiple exchange rates which it is now trying to untangle, having also devalued its naira currency again last week. A plunge of around 70% in Bolivia's reserves has spawned queues at banks and currency exchange shops as some merchants stopped accepting local currency.
Persons: Wilson Muthaura, KTDA, Charlie Robertson, Muthaura, David Willacy, Ojo, Chaucer, Ronal, Luiz Inacio Lula da Silva, Kristalina Georgieva, William Ruto, Duncan Miriri, Marc Jones, Macdonald Dzirutwe, Monica Machicao, Mayela Armas, David Sherwood, Catherine Evans Organizations: Bank, FIM Partners, Reuters Graphics, Workers, REUTERS, La Paz, West, Reuters, JPMorgan, Monetary Fund, IMF, Fund, Thomson Locations: NAIROBI, LONDON, Pakistan, COVID, Russia, Ukraine, London, Islamabad, Egypt, Sri Lanka, Ghana, Tunisia, teetering, Nigeria, Kenya, StoneX, Nigeria's, Lagos, British, Cuba, Venezuela, Githunguri, Kiambu County, United States, Lebanon, Turkey, Ethiopia, China, India, Johannesburg, Saudi Arabia, Africa, Argentina, Nairobi, La Paz, Caracas, Havana
Total: 25