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Canada and the United States both have something to prove in this Women’s World Cup. Canada faces a different sort of pressure: their so-far-unrealized expectations on the World Cup stage. Philippines vs. Switzerland The Philippines, in its first Women’s World Cup, features a roster with 18 American-born players. It will face Switzerland, a team with only one previous Women’s World Cup appearance, in 2015. Spain vs. Costa Rica Spain, whose roster contains several players from the powerhouse European club Barcelona, has lost only once in the last year.

Persons: Phelan M Organizations: Associated Press, Canada, Canada Soccer, Olympic, Africa, Nations, Spain, Costa Rica Spain, Barcelona, Costa Rica, Costa Ricans, Thailand Locations: Canada, United States, Australia, New Zealand, Spain, Nigeria, Philippines, Switzerland, Costa Rica, Costa, Vietnam Vietnam, it’s, United

ABUJA, July 20 (Reuters) - Nigeria's naira traded at a record low of 860 per dollar on the black market on Thursday, according to traders, weakening below its official rate a month after the country devalued the currency and ahead of a central bank policy meeting next week. The naira has been swinging widely on the official market since the devaluation. It touched a new low of 853 naira per dollar on Wednesday, according to OTC market regulator, FMDQ Exchange. The currency closed at 742 naira against the dollar on the official market on Thursday, Refinitiv data showed. Dollar shortages on the official market have seen customers turning to the black market, helping to widen the gap between the spot rate and the black market, one trader said.

Persons: Nigeria's naira, Bola Tinubu, Elisha Bala, Andrew Cawthorne, John Stonestreet, Tomasz Janowski Organizations: FMDQ Exchange, Thomson Locations: ABUJA, Nigeria

☆ Sam Kerr: Australia’s talisman to miss opening two Women’s World Cup games with calf injury
▼ + stars: | 2023-07-20 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —Australia striker Sam Kerr, who is the face of this Women’s World Cup, will miss the opening two matches of the tournament after sustaining a calf injury in training. One of the world’s best players, Kerr’s absence is a huge blow to the Matildas who played the Republic of Ireland in their opening World Cup game on Thursday. Kerr racked up five goals in four matches at the 2019 World Cup, including four goals against Jamaica in the group stage. The 2023 edition represents her fourth World Cup, having debuted at the showpiece event in Germany in 2011 as a 17-year-old. Manchester City striker Mary Fowler, who scored the winner in a friendly against France last week, started in Kerr’s place.

Persons: Sam Kerr, “, ” Kerr, Kerr, England’s, Mary Fowler, Fowler, Arsenal’s Caitlin Foord Organizations: CNN, Chelsea, Nigeria, Canada, Australia, Jamaica, League, Manchester City, France, Republic of Ireland Locations: Australia, Republic of Ireland, Germany, Kerr’s, Republic of, France

☆ Convicted Nigerian politician Ibori faces huge UK confiscation order
▼ + stars: | 2023-07-20 | by ( Estelle Shirbon | ) www.reuters.com time to read: +2 min

LONDON, July 20 (Reuters) - A London court should order the confiscation of more than 100 million pounds ($129 million) from Nigerian politician James Ibori, a convicted fraudster who spent years in prison in Britain, a state prosecutor told the court on Thursday. A former governor of oil-producing Delta State in southern Nigeria, Ibori was extradited in 2011 from Dubai to London, where he was charged with laundering a corruptly acquired fortune. He told Reuters by text message he planned to appeal against the confiscation order. In 2021, it returned 4.2 million pounds that had been confiscated from Ibori's ex-wife and his sister, who also served jail time for helping him launder money. ($1 = 0.7745 pounds)(This story has been corrected to say the judge made 'factual findings' not a 'confiscation order' after clarification from judge, in paragraph 6)Reporting by Estelle Shirbon; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

Persons: James Ibori, fraudster, Ibori, David Tomlinson, Jonathan Kinnear, Bola Tinubu, Estelle Shirbon, Alex Richardson Organizations: Delta, Southwark Crown, Thomson Locations: Nigerian, Britain, Delta State, Nigeria, Dubai, London, Southwark, Ibori, Ibori's

☆ Canada headlines second day of Women’s World Cup action as Olympic champion faces Nigeria
▼ + stars: | 2023-07-20 | by ( Ben Morse | ) edition.cnn.com time to read: +8 min

CNN —The Women’s World Cup is finally here and the tournament’s second day of action holds plenty of intriguing storylines. Olympic champion Canada kicks off its campaign in the opening game of Friday’s action, before one of the Women’s World Cup debutants – the Philippines – make its bow at the worldwide event. Nigeria vs. CanadaCanada is considered one of the favorites to compete for the Women’s World Cup title in Australia and New Zealand following its recent success. I know being in the World Cup is going to bring a lot of awareness. From 1995 onwards, only three World Cup debutants have won their opening match at a World Cup.

Persons: La Roja, Christine Sinclair, Adriana Leon, Allysha Chapman, Kadeisha Buchanan, Shelina Zadorsky, Ashley Lawrence, Sinclair, Julie Ertz, Jack GruberUSA, Bev Priestman, ” Priestman, ”, Sarina Bolden, Bolden, ” Bolden, “, Jason McCawley, Alisha Lehmann, Inka Grings, ” Lehmann, ’, Alexia Putellas, Jennifer Hermoso, Putellas –, Juan Manuel Serrano Arce, Raquel Rodríguez Cedeño Organizations: CNN, Canada, La, . Canada, Sinclair, Olympic Games, Olympics, FIFA, Super Falcons, Republic of Ireland, Dunedin, –, soccer team, Western Sydney Wanderers, Western United, New, ”, Wellington Regional, Women’s Champions League, Portland Thorns Locations: Philippines, Costa Rica, Qatar, Nigeria, Canada, Melbourne, Switzerland, Dunedin, Wellington, Spain, . Canada Canada, Australia, New Zealand, Tokyo, Sweden, Republic of, Zealand, Norway, Ecuador, ” Spain, Barcelona, Panama

Many investors think that will only happen if interest rates go to levels just too high for investors to pass up. "You wonder whether they have left it too late" said Mikhail Volodchenko at one of Europe's largest fund managers AXA IM. Reuters Graphics4/LOCAL PROBLEMSIn contrast to the dollar bonds, Turkey's 'local' lira-denominated bonds have had a shocker. Even if the lira is taken out of the equation the bonds are still down around 13% since Erdogan's election win. Reuters Graphics($1 = 0.8920 euros)Reporting by Marc Jones and Canan Sevgili Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Persons: Tayyip Erdogan, Erdogan, Mehmet Şimşek, Hafize Gaye Erkan, Mikhail Volodchenko, Enver Erkan, Yatirim, Treasuries, COVID, Wednesday Erdogan, Simon Lue, Fong, Vontobel, Turkey's, Jeff, Michael Metcalfe, Metcalfe, Marc Jones, Shri Navaratnam Organizations: LONDON, AXA, Reuters, JPMorgan EMBI Global, NATO, Investment, Wednesday, United Arab Emirates, JPMorgan GBI, Street Global Markets, Reuters Graphics, Thomson Locations: Central, Turkish, Nigeria, Argentina, Turkey, U.S, Arab, Swiss, Lira

☆ Read Your Way Through Salvador
▼ + stars: | 2023-07-19 | by ( Itamar Vieira Junior | Translated Johnny Lorenz | ) www.nytimes.com time to read: +2 min

Read Your Way Around the World is a series exploring the globe through books. I was born in Salvador, in the Brazilian state of Bahia, and lived in the general vicinity until I reached the age of 15. I already knew something of Amado, not from reading him but because he was an omnipresent figure in the cultural life of Salvador. Salvador was the first capital of Brazil, founded in 1549 as part of the Portuguese colonial project in the Americas. In the Salvador of yesteryear, one would find Europeans, mostly Portuguese and Dutch, as well as Indigenous peoples, especially the Tupinambá.

Persons: Jorge Amado, Amado, Salvador, Rufino, João José Reis, Flávio dos Santos Gomes, Marcus J.M, de Carvalho, Rufino ” Locations: Salvador, Brazilian, Bahia, Brazil, Portuguese, Americas, Salvador of yesteryear, Africa, Nigeria, Benin, Dahomey, Togo, Republic of Congo, Angola, Oyo

☆ Ireland embracing underdog role in Women's World Cup debut
▼ + stars: | 2023-07-19 | by ( Lori Ewing | ) www.reuters.com time to read: +4 min

[1/3] Soccer Football - FIFA Women's World Cup Australia and New Zealand 2023 - Group B - Republic of Ireland Press Conference - Stadium Australia, Sydney, Australia - July 19, 2023 Republic of Ireland's Katie McCabe during the press conference REUTERS/Carl Recine/File PhotoSYDNEY, July 19 (Reuters) - Underdog Republic of Ireland plan to approach their historic Women's World Cup debut as they have every victory in their improbable run to the global women's showcase - by "outbelieving" their opponents. Ireland clinched their World Cup berth with a nerve-jangling victory over Scotland in a playoff at Hampden Park. People in Ireland often reference the men's World Cup debut in Italy in 1990, McCabe said. She hopes people back home will recall the women's debut in similar fashion, that it will be their "Italia '90." "It's the first time that we at this world stage which is massive, the way we've come here is something to be really, really proud of.

Persons: Ireland's Katie McCabe, Carl Recine, Vera Pauw's, Pauw, Amber Barrett, tugging, Denise O'Sullivan, Katie McCabe, McCabe, I'm, Lori Ewing, Angus MacSwan Organizations: Soccer Football, FIFA, of Ireland Press, Republic, Australia, Ireland, Scotland, Hampden, Arsenal, Players, Italia, Sydney Airport, Olympic, Canada, Thomson Locations: New Zealand, Australia, Sydney, Republic, Republic of Ireland, Ireland, Dutch, Donegal, Colombia, Brisbane, Italy, Nigeria

☆ UAE crypto scammer sentenced to 8 years in prison for multimillion dollar fraud scheme
▼ + stars: | 2023-07-19 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

A United Arab Emirates resident and Nigerian citizen was sentenced to 8 years in federal prison for orchestrating a multi-million dollar fraud scheme that victimized businesses across the U.S., Illinois federal prosecutors said. Ponle worked with a network of scammers to masquerade as corporate entities using phishing emails. Ponle will forfeit those items, collectively valued at over $1 million, and pay more than $8 million in restitution to victim companies. Ponle was prosecuted despite the lack of an extradition treaty between the UAE and the United States. Federal officials at the DOJ'S Office of International Affairs worked with their UAE counterparties to secure Ponle's rendition.

Persons: Olaekan Jacob Ponle, Ponle, Royce Cullinan, Lamborghini Organizations: Jumeirah, United, United Arab Emirates, Federal Bureau of Investigation, Justice Department, Royce, UAE, Federal, DOJ'S, International Affairs, UAE counterparties Locations: Dubai, United Arab Emirates, United Arab, U.S, , Illinois, UAE, Nigeria, Nigerian, United States

‘Black Orpheus: Jacob Lawrence and the Mbari Club’ Review: Global OriginsAn exhibition at the Toledo Museum of Art highlights the African-American painter’s trips to Nigeria and the influence of the vibrant postcolonial community he found there, displaying his paintings alongside art by his contemporaries from around the world.

Persons: Orpheus, Jacob Lawrence Organizations: Toledo Museum of Art Locations: American, Nigeria

☆ This high-risk global bond fund isn't for everyone, but it's tempting investors with a 10% yield
▼ + stars: | 2023-07-19 | by ( Ganesh Rao | ) www.cnbc.com time to read: +6 min

For global investors, the Abrdn Frontier Markets Bond Fund is one example of a fund offering substantial returns. What are frontier markets? While there is no formal definition, frontier markets are typically low-income, developing countries with underdeveloped capital markets, according to Daly. Investment director for emerging market debt, Abrdn Kevin Daly The appeal of these frontier markets is twofold, according to Daly. Managing FX risks Managing foreign exchange risk is tricky in frontier markets, where hedging instruments are often inefficient or unavailable.

Persons: Kevin Daly, Daly, Fitch, You've, who's, … Organizations: Markets Bond, CNBC Pro, Monetary Fund, Bank Locations: U.S, Abrdn, Nigeria, Kenya, Iraq, Ecuador, Uzbekistan, Mozambique, Daly, Benin, African, Europe, South Korea, Singapore, Taiwan, stockbrokers

☆ Women’s World Cup 2023: When, how to watch and everything you need to know
▼ + stars: | 2023-07-19 | by ( George Ramsay | ) edition.cnn.com time to read: +8 min

CNN —The ninth edition of the FIFA Women’s World Cup gets underway in Auckland on Thursday as co-host New Zealand takes on Norway. For the first time ever, the Women’s World Cup will be hosted across two countries: Australia and New Zealand. Sydney Football Stadium will host six Women's World Cup games. A record 32 teams will take part in the World Cup, eight more than the previous two editions. Brazilian superstar Marta, 37, is set to end her international career having scored a record 17 Women’s World Cup goals, while the USWNT’s Megan Rapinoe has also announced that she will retire after what will be her fourth and final World Cup.

Persons: Sydney –, Cameron Spencer, Jason McCawley, Alex Morgan, Brad Smith, Sam Kerr, Kerr, Michael Regan, Marta, Megan Rapinoe, Trinity Rodman, Sophia Smith, Alyssa Thompson, Spain’s Alexia Putellas, d’Or, –, Keira Walsh, Asisat Oshoala, Ada Hegerberg, Ballon d’Or, Caroline Graham Hansen, Wendie Renard, Pernille, Alexandra Popp, James Williamson, Vivianne Miedema, Leah Williamson, Beth Mead, Macario, Giulia Gwinn, Iman Beney, Becky Sauerbrunn, Mallory Swanson, Gianni Infantino Organizations: CNN, FIFA, Zealand, US Women’s National, Southern Hemisphere, Australia –, Sydney, Sydney Football, Australia, FOX Sports, Telemundo, Seven Network, Optus Sport, BBC, ITV, Republic of Ireland, Stadium Australia, England, Gracenote, Wales, USSF, Getty, of Ireland Nigeria Canada Group, Spain Costa Rica Zambia, England Haiti Denmark China, France Jamaica Brazil Panama Group, Africa Italy Argentina, Germany Morocco Colombia South Korea Players, Chelsea, Manchester City, Ballon, Japan Locations: Auckland, Norway, Australia, New Zealand, Brisbane, Adelaide, Perth, Melbourne, Dunedin, Hamilton, Wellington, Sydney’s, France, United Kingdom, Republic of, Sydney, United States, Germany, Netherlands, Haiti, Morocco, Panama, Philippines, Portugal, Republic of Ireland, Vietnam, Zambia, Sweden, England, Spain, San Jose , California, New Zealand Norway Philippines Switzerland, Spain Costa Rica, Spain Costa Rica Zambia Japan, England Haiti, United States Vietnam Netherlands Portugal, France Jamaica, Africa, Germany Morocco Colombia, Brazilian, Barcelona, Norwegian, Denmark, Brazil, Swiss, Qatar

☆ Hurdles world record holder Amusan charged with 'whereabouts' violation
▼ + stars: | 2023-07-19 | by ( ) www.reuters.com time to read: +1 min

July 19 (Reuters) - Tobi Amusan, the 100m hurdles world record holder, said on Wednesday she has been charged with missing three doping tests but has denied taking performance enhancing substances and expects to be cleared to compete at the world championships. Under World Athletics Anti-Doping Rules, the applicable sanction for three 'whereabouts' failures is two years' ineligibility, subject to a reduction to a minimum of one year depending on an athlete's degree of fault. She became the first Nigerian world champion and world record holder in an athletics event with her 2022 victory in Eugene, Ore., where she set the world record of 12.12 seconds. Amusan was part of Nigeria's 4x100 relay squad that won gold at the 2022 Commonwealth Games but were then stripped of their medal after anchor runner Grace Nwokocha failed a doping test. The World Athletics Championships run from Aug. 19-27 in Budapest.

Persons: Amusan, Grace Nwokocha, Lori Ewing, Peter Rutherford Organizations: Athletics, Silesia Diamond League, Diamond League, Thomson Locations: Nigerian, Eugene ,, Budapest

☆ Why NASA's Artemis program is the only moon-return mission since Apollo to survive 2 successive US presidents and our best chance of actually returning humans to the lunar surface
▼ + stars: | 2023-07-19 | by ( Mariel Borowitz | The Conversation | ) www.businessinsider.com time to read: +8 min

The Artemis program marks the first time since the Apollo program that an effort to send humans to the moon has been supported by two successive US presidents. Some, like Japan-based iSpace and US-based Astrobotic, are developing commercial lunar landers and have plans to eventually collect lunar resources, such as water or minerals. Just as the United States is leveraging commercial developments, the US is working with international partners, as well. The United States is also seeking international support for the Artemis Accords, a set of principles for responsible lunar exploration and development. It's worth noting that China's lunar program also emphasizes international engagement.

Persons: it's, Artemis, Christina Hammock Koch, Reid Wiseman, Victor Glover, Jeremy Hansen, Wang Yaping, Gene Kim, Bill Nelson Organizations: Service, NASA, European Space Agency, SpaceX, Companies, Canadian Space Agency, United Nations, US Space Force, Air Force Research Laboratory, Oracle, Military, Artemis Accords, United, United Arab Emirates, Lunar Research Locations: China, Wall, Silicon, Japan, United States, Soviet, Europe, Canada, United Kingdom, Rwanda, Nigeria, United Arab, India, Russia, Sweden, France, Italy, Pakistan, United Arab Emirates

☆ Dermot Doran, Priest Who Rallied Aid for Biafran Airlift, Dies at 88
▼ + stars: | 2023-07-19 | by ( Clay Risen | More About Clay Risen | ) www.nytimes.com time to read: +1 min

The cargo plane flew in low over southeastern Nigeria, its lights out, its radio off, its pilot navigating by the glow of refinery flares along the coast. On the ground, a team of boys suddenly ran out of the bush to light rows of kerosene lamps to guide the craft toward the tiny airstrip, just 75 feet wide and 1,200 feet long. Aboard were 26 tons of antibiotics, flour and salted fish, as well as a 34-year-old Irish priest named Dermot Doran. Father Doran was one of 1,000 priests and nuns, mostly from Ireland, who had been working in the area when the fighting broke out. Overnight, they pivoted from their peacetime roles as educators — Father Doran had been a high school principal — to aid workers during one of the 20th century’s worst humanitarian crises.

Persons: Dermot Doran, Father Doran Organizations: Nigerian Army Locations: Nigeria, Biafra, Ireland

☆ Uxbridge by-election: In Boris Johnson's back yard, Britons are desperate for a change
▼ + stars: | 2023-07-18 | by ( Rob Picheta | ) edition.cnn.com time to read: +11 min

A mid-term by-election to replace Johnson is taking place on Thursday, alongside two other by-elections to replace MPs elsewhere in the country. Boris Johnson is seen on a walkabout in Uxbridge in 2020, during his time as prime minister. Inside, the owner told CNN: "They're all the same ... Johnson’s company ran the first major opinion poll ahead of the Uxbridge by-election, which found a solid but assailable eight-point lead for Labour. Labour leader Sir Keir Starmer (far right) and Shadow chancellor Rachel Reeves (right) on a campaign visit with Danny Beales, the local Labour candidate (back center).

Persons: Mike Okoli, ”, Okoli, Boris Johnson –, Johnson, “, ” Okoli, Rob Picheta, CNN Johnson, Manoj Supeda, I’ve, hasn’t, ‘, ’ He’s, Supeda, Johnson’s, ” Supeda, “ It’s, ” Manoj Supeda, Tony Blair, Labour's, Brexit, CNN Okoli, he’s, “ I’ve, Sonia Caetano, Boris Johnson, Stefan Rousseau, there’s, ” Caetano, Danny Beales, We've, Caetano, Keir Starmer, Steve Reed, Piers Corbyn, Jeremy Corbyn, Steve Tuckwell, ” Tuckwell, Reed, ” Reed, They’re, Mick, Starmer, “ We’re, we’re, ” James Johnson, Theresa May’s, Sir Keir Starmer, Rachel Reeves, ” Tracy Peabody Organizations: United Kingdom CNN, European Union, CNN, Labour Party –, Tories, Labour, Conservatives, Britain, Uxbridge, Beales, London’s Labour, Conservative, Hillingdon Hospital, CNN ‘ Labour, “, Press Association Locations: Uxbridge, United Kingdom, Nigeria, Caribbean, London, South Ruislip, Britain, “, Okoli, Portuguese, Yiewsley, Portugal, Covid, Ukraine, Hillingdon, Ruislip Manor

☆ Oil slides more than 1% as Chinese GDP dents demand hopes
▼ + stars: | 2023-07-17 | by ( Alex Lawler | ) www.reuters.com time to read: +2 min

"The GDP came in below expectations, so will do little to ease concerns over the Chinese economy," said Warren Patterson, ING's head of commodities research. "China data was always looked forward to with a degree of hope; well, for bulls anyway," John Evans of oil broker PVM said in a report. Oil briefly rose after a Reuters news alert on Saudi Arabia extending a voluntary output cut. Oil also came under pressure on Monday from the resumption of output at two of the three Libyan fields that were shut last week. Reporting by Alex Lawler Additional reporting by Florence Tan and Mohi Narayan Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.

Persons: Warren Patterson, ING's, Brent, John Evans, PVM, Oil, Alex Lawler, Florence Tan, Mohi Narayan, David Goodman Organizations: . West Texas, Thomson Locations: China, Saudi Arabia, Libya, Nigeria, Moscow

☆ Africa Walk 2023: Africa's creative industry takes center stage
▼ + stars: | 2023-07-17 | by ( Nimi Princewill | ) edition.cnn.com time to read: +7 min

Themed “Unleashing the potential and value of the African Creative Industry,” the continent’s billion-dollar creative industry will be at the center of conversations at the event, which aims to shine a spotlight on the possibilities and untapped value that the industry holds. Courtesy Platform CapitalAs an advocate for the continent’s cultural potential, Akindele is passionate about changing misconceptions surrounding the African creative industry at Africa Walk. “There’s a myth about the creative industry (in Africa) - that it is not structured and that you cannot put money in there,” he said. Similar to the oil industry’s success, the creative industry requires a lot of refineries to produce the finest oil product. The same refining is highly needed for our creative industry now,” said the singer whose real name is Oladapo Daniel Oyebanjo.

Persons: ”, Lehle Balde, Akintoye Akindele, ” Akindele, Lai Mohammed, Renee Yao, “, Nollywood, Party ”, Afrobeats, Kunle Remi, D’banj, creatives, “ I’ve, Daniel Oyebanjo, Oyebanjo, Riyah Abdul, ” Abdul Organizations: Nigeria CNN, Capital, CNN, African Creative Industry, Nigerian Information, Global Healthcare, Nvidia, Party, Africa Locations: Abuja, Nigeria, Africa, Senegal, Dakar, Lagos, Europe, North America, Asia, South Africa, Kenya

☆ How a Vast Demographic Shift Will Reshape the World
▼ + stars: | 2023-07-16 | by ( Lauren Leatherby | ) www.nytimes.com time to read: +18 min

1990 Younger populations Workingage Older populations For decades, the world’s dominant powers have benefited from large working-age populations that help drive economic growth. Russia U.K. France Pakistan Pakistan China China U.S. U.S. Japan U.S. Japan China India India India Nigeria Nigeria Ethiopia D.R.C. Russia U.K. France Pakistan Pakistan China China U.S. U.S. U.S. Japan Japan China India India India Nigeria Nigeria Ethiopia D.R.C. Russia U.K. France Pakistan China U.S. U.S. U.S. Japan Japan China China India India India Nigeria Nigeria Ethiopia D.R.C. Russia U.K. France Pakistan China U.S. U.S. U.S. Japan Japan China China India India India Nigeria Nigeria Ethiopia D.R.C.

Persons: That’s, ”, Mikko Myrskylä, Max Planck, Carolina Cardona, Philip O’Keefe, –, O’Keefe, Myrskylä, “ We’ve, “, aren’t, Mr Organizations: Korea Germany Italy Russia United, France, France Pakistan Pakistan China China U.S ., U.S, China India Nigeria D.R.C, France Pakistan Pakistan China China U.S . U.S, France Pakistan, France Pakistan China U.S . U.S, for Demographic Research, Youth, Niger, Dem, Central African Rep, Herzegovina Bulgaria Croatia Czech Rep, Denmark Estonia Finland France Germany Greece, Denmark Estonia Finland France Germany Greece Hungary Ireland, Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Kosovo, Macedonia Norway Poland Portugal Moldova Romania, Macedonia Norway Poland Portugal Moldova Romania Russia Serbia Slovakia Slovenia, Hong Kong North Korea Japan Mongolia South Korea Taiwan Northern America, New Zealand, New, Benin Botswana Burkina Faso Burundi Cameroon Central African Rep, Chad Comoros, Congo Ivory Coast Dem, Johns Hopkins University, Aging, ARC Center of Excellence, Aging Research, World Bank, Spain Taiwan, Young, Korea, Spain, “ Locations: Japan, Western Europe, South Korea, Britain, Eastern Europe, China, Europe, India, East Asia, Florida, United States, South, Southeast Asia, Africa, Korea Germany Italy, Korea Germany Italy Russia United States France China Thailand United Kingdom, South Korea Brazil Colombia China Thailand Iran Myanmar Vietnam Bangladesh Indonesia, South Africa Myanmar Indonesia Bangladesh Philippines Pakistan Kenya Indonesia Egypt Ethiopia, Russia, France Pakistan Pakistan China China U.S, France Pakistan Pakistan China China U.S . U.S, Japan U.S, Japan China India India India Nigeria Nigeria Ethiopia D.R.C, Indonesia Indonesia Brazil Brazil Brazil, China Japan India Brazil, Pakistan France China U.S, Japan India Nigeria Brazil Indonesia, Pakistan U.S, China India Nigeria, Ethiopia Brazil Indonesia, France Pakistan Pakistan China China U.S . U.S . U.S, Japan Japan China India India India Nigeria Nigeria Ethiopia D.R.C, France Pakistan China, France Pakistan China U.S . U.S . U.S, Japan Japan China China India India India Nigeria Nigeria Ethiopia D.R.C, Congo Somalia, Angola Tanzania Nigeria, Afghanistan Ethiopia Tajikistan Kenya, Asia, Oceania, Kenya, Demographically, South Asia, Singapore, Albania, Austria Belarus Belgium Bosnia, Herzegovina Bulgaria, Denmark Estonia Finland France Germany, Denmark Estonia Finland France Germany Greece Hungary, Denmark Estonia Finland France Germany Greece Hungary Ireland Italy, Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Kosovo Latvia Lithuania Netherlands, Macedonia Norway Poland Portugal, Macedonia Norway Poland Portugal Moldova Romania Russia Serbia Slovakia, Macedonia Norway Poland Portugal Moldova Romania Russia Serbia Slovakia Slovenia Spain Sweden Switzerland Ukraine, Eastern Asia, Hong Kong North Korea Japan Mongolia South Korea Taiwan Northern, Canada, States Australia, New, Australia, New Zealand, Saharan Africa, Angola, Benin Botswana Burkina Faso Burundi Cameroon, Congo, Congo Djibouti, Guinea Eritrea Eswatini Ethiopia Gabon Gambia Ghana Guinea Guinea, Bissau Kenya Lesotho Liberia Madagascar Malawi Mali Mauritania Mauritius Mozambique Namibia Niger Nigeria Rwanda Senegal Sierra Leone Somalia South Africa South Sudan Togo Uganda Tanzania Zambia Zimbabwe, Aging Asia, Pacific, America, “, Hong Kong, Italy, Spain, Spain Taiwan Greece, Singapore Slovenia Thailand Germany, Mainland China Finland Japan Netherlands Canada, Hong Kong South Korea, Singapore Slovenia Japan Thailand Germany, Mainland China Finland Netherlands, U.N, Korea Japan Spain, Korea Japan, France, West, East, Vietnam

Brent crude futures fell $1.31, or 1.7%, to $80.05 a barrel by 11:18 a.m. EDT (1518 GMT). U.S. West Texas Intermediate crude futures fell $1.34, or 1.7%, to $75.55 a barrel. A stronger greenback reduces oil demand, making crude more expensive for investors holding other currencies. Oil prices remained on course for a weekly gain of more than 2%, after supply disruptions in Libya and Nigeria heightened concerns that the markets will tighten in coming months. Separately, Shell suspended loadings of Nigeria's Forcados crude oil owing to a potential leak at a terminal.

Persons: Brent, Dollar, John Kilduff, John Evans, Shariq Khan, Natalie Grover, Sudarshan, Katya Golubkova, David Evans, Mark Potter, Louise Heavens, David Gregorio Our Organizations: Brent, . West Texas, Again, U.S, Shell, Thomson Locations: BENGALURU, Libya, Nigeria, Bengaluru, London, Singapore, Tokyo

As investors bet on a milder inflation outlook, the MSCI World Equity index (.MIWD00000PUS) rose to its highest so far this year. BOND YIELD BOUNCEU.S. government bond yields bounced back slightly on Friday after sharp declines earlier in the week. The two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, was up 10.6 bps at 4.717%. "Getting the 3% (inflation reading) is one thing, getting back to 2% is going to be a much harder task," Villamin said. LOWER DOLLAR HOLDSThe dollar hovered near a 15-month low on Friday and was set for its biggest weekly decline since November after softening U.S. inflation data.

Persons: Brendan McDermid, Germany's DAX, Michele Morganti, Morganti, Norman Villamin, We're, Villamin, Brent, Lawrence Delevingne, Elizabeth Howcroft, Jan Harvey, Nick Macfie Organizations: New York Stock Exchange, REUTERS, U.S . Federal Reserve, Wednesday U.S, JPMorgan Chase, UnitedHealth, Dow Jones, Nasdaq, Generali Investments, Treasury, Brent, Thomson Locations: New York City, U.S, Rome, Libya, Nigeria, Boston, London

☆ Brent oil hovers above $81 after supply disruptions
▼ + stars: | 2023-07-14 | by ( Natalie Grover | ) www.reuters.com time to read: +2 min

On Thursday some oilfields in Libya were shut down because of a local tribe's protest against the kidnapping of a former minister. Separately, Shell suspended loadings of Nigeria's Forcados crude oil owing to a potential leak at a terminal. With the "market in thrall of a ‘tightening’ narrative", any more outages will push the oil price to levels that not even the most ardent bull would have predicted for the second half of the year, Evans added. Both Brent and WTI futures were down slightly at 1207 GMT, with Brent 9 cents lower at $81.27 a barrel and WTI down 11 cents at $76.78. Saudi Arabia and Russia, the world's biggest oil exporters, this month agreed to deepen oil cuts in place since November last year, providing further support to crude prices.

Persons: John Evans, thrall, Evans, Brent, Craig Erlam, Natalie Grover, Sudarshan Varadhan, Katya Golubkova, David Evans, Mark Potter Organizations: Shell, Brent, International Energy Agency, Organization of, Petroleum, National Australia Bank, U.S ., U.S . Federal, OANDA, Thomson Locations: Libya, Nigeria, China, Saudi Arabia, Russia, London, Singapore, Tokyo

Both Brent crude futures and U.S. West Texas Intermediate crude futures , were trading slightly lower. Separately, Shell has suspended loadings of Nigeria's Forcados crude oil due to a potential leak at a terminal. Protests in Libya alone could take away more than 250,000 barrels of oil per day from the market, ANZ Research said. Saudi Arabia and Russia, the world's biggest oil exporters, agreed this month to deepen oil cuts in place since November last year, providing further support to crude prices. The Organization of the Petroleum Exporting Countries (OPEC) on Thursday upgraded its oil demand forecast for 2023, adding it expected demand to grow 2.2% in 2024.

Persons: Brent, Edward Moya, Sudarshan Varadhan, Katya Golubkova, Jamie Freed, Muralikumar Anantharaman, Kim Coghill Organizations: Shell, Brent, . West Texas, ANZ Research, OANDA, of, Petroleum, National Australia Bank, U.S ., U.S . Federal, Thomson Locations: Libya, Nigeria, SINGAPORE, Saudi Arabia, Russia, TOKYO

Separately, Shell has suspended loadings of Nigeria's Forcados crude oil due to a potential leak at a terminal. Protests in Libya alone could take away more than 250,000 barrels of oil per day from the market, ANZ Research said. Saudi Arabia and Russia, the world's biggest oil exporters, agreed this month to deepen oil cuts in place since November last year, providing further support to crude prices. The Organization of the Petroleum Exporting Countries (OPEC) on Thursday upgraded its oil demand forecast for 2023, adding it expected demand to grow 2.2% in 2024. U.S. consumer prices rose modestly in June at the smallest annual increase rate in more than two years as inflation continued to subside.

Persons: Edward Moya, Katya Golubkova, Jamie Freed, Muralikumar Organizations: Shell, Brent, . West Texas, ANZ Research, OANDA, of, Petroleum, National Bank of Australia, U.S ., U.S . Federal, Thomson Locations: Libya, Nigeria, SINGAPORE, Saudi Arabia, Russia, TOKYO

☆ Nearly half the world's population lives in countries where the government spends more on debt than education or healthcare
▼ + stars: | 2023-07-14 | by ( Cork Gaines | ) www.businessinsider.com time to read: +2 min

Almost 40% of the developing world is in serious debt trouble, especially in Africa. In addition to the growing debts, developing countries are also facing higher interest rates. According to UN Secretary-General Antonio Guterres, 3.3 billion people live in countries where the government spends more on debt interest payments than education or health. According to the UN report, countries facing "high levels of debt" more than doubled from 22 in 2011 to 59 in just 11 years. Another issue is that more and more debt in developing countries is held by private lenders who charge much higher interest rates.

Persons: Antonio Guterres, Guterres, Al Organizations: Service, UN Locations: Africa, Wall, Silicon, Al Jazeera, skyrocketing, Nigeria, States, Europe

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