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☆ Britain rejoins EU's Horizon science programme in further boost for ties
▼ + stars: | 2023-09-07 | by ( Alistair Smout | ) www.reuters.com time to read: +3 min

Britain's Prime Minister Rishi Sunak during a visit to Kent Scientific Services in West Malling, Kent, Britain, May 30, 2023. The agreement, which excludes the EU's Euratom nuclear research scheme, signals a further improvement in bilateral relations seven months after a row over trade was resolved. Prime Minister Rishi Sunak's office said in a statement he had secured "improved financial terms of association" with the Horizon project. "This is the right deal for the UK, unlocking unparalleled research opportunities, and also the right deal for British taxpayers," Sunak said. Sunak's office said Britain would also associate with the European earth observation programme Copernicus, but not with the EU's Euratom programme, instead choosing to pursue a domestic fusion energy strategy.

Persons: Rishi Sunak, Daniel Leal, Sunak, Copernicus, Rishi Sunak's, Ursula von der Leyen, Alistair Smout, Kylie MacLellan, Elizabeth Piper, John Stonestreet Organizations: Britain's, Kent Scientific Services, REUTERS Acquire, EU, LONDON, Union's, Horizon, Twitter, Northern Ireland, Thomson Locations: West Malling, Kent, Britain, Horizon Europe, Europe, EU

☆ Factbox: Horizon project: Which EU science schemes has Britain joined?
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

Daniel Leal/Pool via REUTERS/File Photo Acquire Licensing RightsLONDON, Sept 7 (Reuters) - Britain on Thursday said it would join the European Union's flagship Horizon science research programme and its Copernicus earth observation programme, but not the Euratom nuclear research initiative. HORIZON EUROPEHorizon Europe is the EU's key funding programme for scientific research and innovation with a budget of 95.5 billion euros ($102.3 billion). It has five main missions: Adapting to climate change, making climate neutral cities, combating cancer, and restoring oceans and soil. COPERNICUSCopernicus, previously known as GMES (Global Monitoring for Environment and Security), is the Earth observation component of the EU'S Space programme. EURATOMThe EU describes the Euratom Research and Training programme as a "complementary funding programme to Horizon Europe" covering nuclear research and innovation, using the same instruments and participation rules.

Persons: Rishi Sunak, Daniel Leal, COPERNICUS Copernicus, Nicolaus Copernicus, Euratom, Alistair Smout, John Stonestreet Organizations: Britain's, Kent Scientific Services, European Union's, Environment, Security, EU, Research, Thomson Locations: West Malling, Kent, Britain, European, Europe

☆ BOJ policymaker sees shift in Japan's deflationary mindset
▼ + stars: | 2023-09-06 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

Policymaker Takata stressed the need to maintain ultra-loose monetary policy for the time being, as slowing global growth was heightening uncertainty on whether the Bank of Japan's (BOJ) 2% inflation target was sustainably achievable. In an earlier speech, he said he believe Japan's economy was "finally seeing early signs" of achieving the 2% target. Two other BOJ board members earlier gave diverging views on how soon the central bank should consider scaling back its radical stimulus. Japan's core inflation hit 3.1% in July, exceeding the BOJ's 2% target for the 16th straight month. BOJ officials have said the central bank must keep interest rates ultra-low until robust domestic demand and sustained wage growth replace rising import costs as key drivers of inflation.

Persons: Androniki, Takata, Hajime Takata, Policymaker Takata, Haruhiko Kuroda, Leika Kihara, Tetsushi Kajimoto, Takahiko Wada, Tom Hogue, Lincoln, John Stonestreet Organizations: REUTERS, Bank of Japan's, CHINA IMPACT, Thomson Locations: Japan, Tokyo, TOKYO, China, CHINA

☆ Oil edges lower as markets shrug off supply jitters
▼ + stars: | 2023-09-06 | by ( Mohi Narayan | Thomson Reuters | Reports On Everything How Asia S Fuel Use Recovers The Fallout Of To Tracking How The Global Energy Transition Impacts Refinery Expansion Plans | ) www.reuters.com time to read: +3 min

NEW DELHI, Sept 6 (Reuters) - Oil prices reversed course on Wednesday after rising over 1% in the previous session, as investors shrugged off jitters arising from supply cuts from Saudi Arabia and Russia and a firm dollar capped the upside. A stronger dollar can weigh on oil demand by making the fuel more expensive for holders of other currencies. "Iran is producing close to 3.1 million barrels per day (bpd) and plans to pump around 3.4 million bpd. Reflecting supply concerns in the near term, the front-month Brent futures traded near 9-month highs at $4.13 a barrel above prices in six months. Sachdeva, however, added that the annual refinery maintenance period in the U.S. from September to October could limit demand for crude and potentially act as a restraining factor on rising oil prices.

Persons: Alexander Novak, Novak, Sachdeva, Mohi Narayan, Arathy Somasekhar, Christopher Cushing, Stephen Coates, John Stonestreet Organizations: Brent, . West Texas, Rystad Energy, ING Economics, ING, REUTERS, U.S, Saudi, Acme Investment Advisors, Thomson Locations: DELHI, Saudi Arabia, Russia, Iran, Volgograd, U.S, New Delhi, Houston

☆ Morning Bid: Restive markets simmer after oil sideswipe
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +4 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2023. That's a moment in the whole disinflation story as it virtually wipes out the negative annual base effect so powerful this year in helping drag headline inflation rates back down. The more complicated inflation picture comes against the week's downbeat business surveys from Europe and Japan. That take was reinforced overnight by a New York Fed study that suggested the theoretical 'neutral' interest rate keeping the economy at equilibrium continued to fall in the second quarter. The energy picture saw Asia and European bourses in the red again, with Japan's Nikkei (.N225) bucking the trend.

Persons: Brendan McDermid, Mike Dolan Roiled, Lorie Logan, Susan Collins, Mike Dolan, John Stonestreet Organizations: New York Stock Exchange, REUTERS, Treasury, Bank of Canada, New, New York Fed, NY, Japan's Nikkei, Dallas Federal, Boston Fed, Reuters Graphics Reuters, Thomson, Reuters Locations: New York City, U.S, Saudi Arabia, Russia, That's, Europe, Japan . U.S, New York, Asia, European, Canada

☆ Jimmy Buffett, American singer-songwriter, dies at 76
▼ + stars: | 2023-09-02 | by ( ) www.reuters.com time to read: +1 min

Sept 2 (Reuters) - American singer-songwriter Jimmy Buffett, best known for his "Margaritaville" escapist tribute to the tropical life, has died at the age of 76, according to his website on Saturday. "Jimmy passed away peacefully on the night of September 1st surrounded by his family, friends, music and dogs. Buffett made 27 studio albums - with four platinum and eight gold albums - in a career that spanned over five decades and included writing and running a business empire. He is survived by his wife Jane Slagsvol, their two daughters, Sarah and Savannah, and son, Cameron. Reporting by Baranjot Kaur in Bengaluru Editing by John Stonestreet and Frances KerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Jimmy Buffett, Jimmy, Margaritaville, Buffett, Jane Slagsvol, Cameron, Baranjot Kaur, John Stonestreet, Frances Kerry Organizations: Thomson Locations: Savannah, Bengaluru

☆ Terry Gou, seeking Taiwan presidency, resigns as Foxconn board member
▼ + stars: | 2023-09-02 | by ( ) www.reuters.com time to read: +3 min

Terry Gou, Foxconn founder announces his bid for the Taiwan presidency during a press event in Taipei, Taiwan August 28, 2023. REUTERS/Ann Wang/File Photo Acquire Licensing RightsTAIPEI, Sept 2 (Reuters) - Terry Gou, the billionaire founder of major Apple (AAPL.O) supplier Foxconn (2317.TW), resigned as a company board member, the Taiwanese company said on Saturday, less than a week after announcing a bid to be the island's next president. In a brief statement, Foxconn said Gou had resigned due to "personal reasons", and noted he had "officially handed over leadership of the group to a professional manager four yearsago". Asked on Monday about the issue of conflict of interest with Gou being a major shareholder of Foxconn, which has massive investment in China, Gou said he's willing to "sacrifice" his personal assets in China in the event of a Chinese attack. The DPP-led government, and Lai, have repeatedly offered talks with China but been rebuffed, as Beijing views them as separatists.

Persons: Terry Gou, Ann Wang, Gou, Foxconn, Democratic Progressive Party's, William Lai, Lai, Ko Wen, Hou Yu, it's, Ben Blanchard, John Stonestreet, Louise Heavens Organizations: REUTERS, Rights, Apple, Democratic Progressive, DPP, Taiwan People's Party, ih, Kuomintang, Formosa TV, Thomson Locations: Taiwan, Taipei, Rights TAIPEI, Foxconn, China, People's Republic of China, Beijing

☆ Britain in talks with Tata Steel over $630 million aid package -Sky News
▼ + stars: | 2023-09-02 | by ( ) www.reuters.com time to read: +1 min

The Tata Steel plant is seen in Port Talbot, south Wales, November 23, 2012. REUTERS/Rebecca Naden/File Photo Acquire Licensing RightsLONDON, Sept 2 (Reuters) - The British government is in advanced talks with Tata Steel, the country's biggest steel producer, to provide 500 million pounds ($629 million) of funding to help secure the long-term future of a key part of its steel industry, Sky News reported on Saturday. But the talks have faced difficulties over potential job losses because the new style furnaces require fewer staff. About 8,000 people are employed by Tata Steel in Britain and Sky News cited industry sources as saying the company had warned that it may need to make as many as 3,000 redundancies in the future. Tata Steel has in the past warned that without government support, it will need to consider closing its sites.

Persons: Rebecca Naden, Sarah Young, John Stonestreet, Ros Russell Organizations: Tata, REUTERS, British, Tata Steel, Sky News, Port, British Steel, government's Department for Business, Trade, Thomson Locations: Port Talbot, Wales, Britain

☆ Italy FM: Belt and Road China deal did not bring expected results
▼ + stars: | 2023-09-02 | by ( ) www.reuters.com time to read: +1 min

Visitors walk past a wall with a map showing the species of peony in Belt and Road Initiative (BRI) countries, at horticultural exhibition Beijing Expo 2019, in Beijing, China April 29, 2019. REUTERS/Stringer/file photo Acquire Licensing RightsCERNOBBIO, Italy, Sept 2 (Reuters) - Trade between Italy and China has not improved as expected since Rome joined Beijing's Belt and Road Initiative four years ago, Italy's Foreign Minister said on Saturday. Under a previous government, Italy in 2019 became the first major Western nation to join China's infrastructure initiative, despite protests from the United States. "The Silk Road did not bring the results we expected," Antonio Tajani said at the European House Ambrosetti economic forum shortly before leaving on a trip to China. Italy's Prime Minister Giorgia Meloni said she was planning to visit China in one of her next trips abroad.

Persons: Stringer, Rome, Antonio Tajani, Tajani, Giorgia Meloni, Francesca Landini, Giselda, John Stonestreet, Tomasz Janowski Organizations: Initiative, REUTERS, House, Italy's, Thomson Locations: Beijing, China, Italy, Beijing's, United States, Rome

☆ City to have Akanji, Foden back versus Fulham
▼ + stars: | 2023-09-01 | by ( Lori Ewing | ) www.reuters.com time to read: +2 min

MANCHESTER, Sept 1 (Reuters) - Manchester City will get a boost with the return of Phil Foden and Manuel Akanji for their home game against Fulham on Saturday, but assistant manager Juanma Lillo was keeping his cards close to his chest over Friday's transfer deadline activity. Foden was on the bench with an illness, but played the final few minutes, and assisted Rodri's winning goal. "When a player wants to go, it is very difficult to go against that. "We have to be proud and satisfied at Manchester City that we have done this. "I speak very regularly with him, not just in footballing terms but professional terms," Lillo said.

Persons: Phil Foden, Manuel Akanji, Juanma Lillo, City, Matheus Nunes, Lillo, Pep Guardiola, Foden, Rodri's, Phil, John Stones, Joao Cancelo, I've, Cole Palmer, Guardiola, Lori Ewing, Toby Davis Organizations: MANCHESTER, Manchester City, Fulham, Wolverhampton Wanderers, Premier League, Sheffield United, Chelsea, Thomson Locations: Manchester, Portugal, Portuguese, Chelsea

☆ Factbox: Scrutiny of iris-scanning crypto project Worldcoin grows
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +3 min

Worldcoin has drawn criticism from privacy campaigners over its data collection. It has said the biometric data is either deleted or stored in encrypted form, and that it is "committed" to working with regulators. CNIL had previously said it was aware of the Worldcoin project and that the legality of its biometric data collection "seems questionable". GERMANYA German data watchdog has been investigating Worldcoin since late last year due to concerns over its large-scale processing of sensitive biometric data, it said. PORTUGALPortugal's data regulator, the CNPD, has inspected Worldcoin's local data collection operation and been in contact with the Bavarian data protection authority in Germany, a spokesperson said.

Persons: Annegret, Sam Altman, Altman, Worldcoin, CNIL, Elizabeth Howcroft, Tom Wilson, John Stonestreet Organizations: REUTERS, Agencia, Informacion Publica, Commissioner's, Communications Authority of, Data, Thomson Locations: cryptocurrency, Berlin, Germany, ARGENTINA, Argentina, Informacion, BRITAIN, FRANCE, Worldcoin's, GERMANY, Handelsblatt, KENYA, Kenya, Communications Authority of Kenya, PORTUGAL

☆ Dortmund sign Bundesliga top scorer Fuellkrug on three-year deal
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

Dortmund, who missed out on the Bundesliga title last season after dramatically slipping up on the final matchday, needed an 88th minute goal by Donyell Malen to beat Cologne 1-0 in their opener. Last week they managed only a 1-1 draw at VfL Bochum with their attack looking toothless for much of the game. Fuellkrug, who passed a medical late on Thursday, topped the scorer list last season with 16 goals, the same number as Christopher Nkunku. "Thanks to strong performances he has become a pillar in attack for the national team," said Dortmund sports director Sebastian Kehl. "I was extremely happy when the offer came because the step to this club was what I was wishing for," Fuellkrug said.

Persons: Niclas Fuellkrug, Patrik Stollarz, Donyell Malen, Christopher Nkunku, Sebastian Kehl, Fuellkrug, Karolos, John Stonestreet Organizations: Soccer Football, Bundesliga, Werder Bremen, FC Cologne, Rights, Borussia Dortmund, Germany, Dortmund, Cologne, VfL Bochum, League, Thomson Locations: Weser, Stadion, Bremen, Germany, Qatar

☆ Take Five: A September to remember?
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +5 min

[1/2] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 29, 2023. 1/ SCARY SEPTEMBERNow the Federal Reserve's Jackson Hole confab is over, investors are strapping in for a potentially volatile month. Reuters Graphics2/ THE SICK MAN OF EUROPEGermany looks likely to be the only major economy to contract this year. No wonder the region's economic powerhouse is once again being called the sick man of Europe. But economists are sceptical, noting that at just 0.2% of GDP, the package is no game-changer and that the sick man will need more medicine.

Persons: Brendan McDermid, Ira Iosebashvili, Kevin Buckland, Dhara Ranasinghe, Libby George, Naomi Rovnick, Jackson, Jerome Powell, Olaf Scholz, Xi Jinping, Philip Lowe, Michele Bullock, BoE, Amanda Cooper, John Stonestreet Organizations: New York Stock Exchange, REUTERS, Federal, Reuters, ECB, Germany's, Reserve Bank of Australia, Traders, Bank of, British Retail Consortium, Reuters Graphics, Thomson Locations: New York City, U.S, Ira, New York, Tokyo, London, Germany, Europe, Pakistan, Sri Lanka, Ghana, Zambia, Delhi, China, Bullock, Bank of England, Halifax

☆ 'Altcoins' central to Hong Kong crypto firm Hashkey’s first liquid fund
▼ + stars: | 2023-08-31 | by ( Summer Zhen | ) www.reuters.com time to read: +2 min

The fund, run by the investment arm of Hong Kong crypto giant Hashkey Group, launches on Friday. Less than 50% of its investments will be in Bitcoin and Ethereum , the two biggest crypto currencies. The asset manager will leverage its crypto venture investment experience to diversify allocations to smaller rivals collectively known as "altcoins", Zheng said. Hashkey Capital, which manages over $1 billion in assets, earlier said it aimed to raise $100 million for the fund over 12 months. Zheng said Hashkey Capital is also developing distribution channels with some offshore Chinese financial institutions, adding that weakness in the Hong Kong stock market has also pushed investors to look for diversified strategies.

Persons: Dado Ruvic, HONG KONG, Bitcoin, Jupiter Zheng, Zheng, Summer Zhen, John Stonestreet Organizations: REUTERS, Hashkey Capital, Reuters, Hashkey, Hong, Thomson Locations: HONG, Hong Kong, Bitcoin

The Ifo institute said on Friday that its business climate index stood at 85.7, down from 87.4 in July. Reuters Graphics"The German economy is not out of the woods yet," Ifo president Clemens Fuest said. The economy then posted zero growth in the second quarter compared to the previous three months, separate data from the statistics office showed on Friday. The Ifo survey showed sentiment among German managers had become more pessimistic across all sectors in August. The Ifo survey chimed with flash PMI data released on Wednesday, which showed that German business activity contracted at the fastest pace for more than three years in August.

Persons: Annegret, Clemens Fuest, Christian Lindner, Klaus Wohlrabe, Claus Niegsch, Niegsch, Andrew Kenningham, Carsten Brzeski, Maria Martinez, Friederike Heine, Mark Potter, John Stonestreet Organizations: REUTERS, Reuters, . Finance, DZ Bank, Reuters Graphics, Capital Economics, Thomson Locations: Berlin, Germany, BERLIN, Europe

☆ German economy stagnates in Q2 after winter recession
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Kai Pfaffenbach Acquire Licensing RightsBERLIN, Aug 25 (Reuters) - The German economy stagnated in the second quarter compared to the previous three months, following a winter recession, data from the statistics office showed on Friday. Year on year, adjusted GDP contracted by 0.2% in the second quarter. Quarter on quarter, economic activity had fallen by 0.4% in the fourth quarter of 2022 and by 0.1% in the first quarter of 2023. Household consumption showed zero growth in the second quarter from the first and government spending rose by 0.1%. Capital investment also grew modestly while exports fell 1.1%, Friday's report showed.

Persons: Kai Pfaffenbach, Maria Martinez, Friederike Heine, John Stonestreet Organizations: REUTERS, Rights, Thomson Locations: Frankfurt, Germany

☆ China approves guidelines to boost affordable housing amid property debt crisis
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +2 min

The Chinese property sector is in a deepening crisis with a rising risk of default among some developers as they struggle to sell apartments and raise funds. Separately, China's central bank announced guidance on relaxing residential housing loan rules, in a move aimed at boosting loan applications and house purchases. The central bank also said it would stick to the principle that houses are for living in and not vehicles for speculation. On Friday, the housing ministry, the central bank and the national financial regulator also jointly issued a notice easing mortgage policies to help revive the sector. China's housing market has over the past two years been grappling with a severe debt crisis - initially triggered by government moves to rein in ballooning debt.

Persons: Thomas Peter, Premier Li Qiang, Ellen Zhang, Ryan Woo, John Stonestreet, Susan Fenton, Hugh Lawson Organizations: REUTERS, Rights, Premier, Xinhua, People's Bank of, Ministry of Housing, Thomson Locations: Beijing, China, Rights BEIJING, People's Bank of China

☆ US House Republicans launch probe of Atlanta DA in Trump election case
▼ + stars: | 2023-08-24 | by ( David Morgan | ) www.reuters.com time to read: +4 min

"The federal government has a substantial interest in the welfare of former presidents," Jordan wrote in a five-page letter to Willis. "And because this former president is a current candidate for that office, the indictment implicates another core federal interest: a presidential election," Jordan said. The House investigation was disclosed three days after Trump accused Willis on his social media platform of "continuing to campaign, and raise money on, this WITCH HUNT. In the case brought by Willis, Trump was accused of unlawfully pressuring Georgia state officials to reverse his 2020 election loss to Biden in the state. House Republicans have sought to defend Trump in the four cases by alleging that the U.S. justice system has been "weaponized" against him by Biden.

Persons: Fani Willis, Donald Trump, Elijah Nouvelage, Jim Jordan, Trump, Willis, Jack Smith, Jordan, Attorney Alvin Bragg, Bragg, Smith, Joe Biden, Biden, HUNT, Joe Biden's, David Morgan, Will Dunham, John Stonestreet Organizations: REUTERS, Rights, . House, U.S . Justice Department, Attorney, Trump, Republican, Democrat, Justice Department, Joe Biden's DOJ, Biden, House Republicans, Thomson Locations: Fulton County, Atlanta , Georgia, U.S, Georgia's Fulton County, Manhattan, Atlanta, Georgia

Despite that, the latest Reuters poll narrowly showed Bank Rate peaking at 5.50%, down from 5.75% predicted in July. All but one of 62 economists in the Aug. 16-23 poll expected Bank Rate to go up 25 basis points to 5.50% next month. The medians showed Bank Rate remaining on hold after September's hike until Q3 next year, though a significant minority - 47% or 29 of 62 economists - estimated a higher peak. That is a flip from a July poll when a slim majority, 51% or 31 of 61 participants, predicted Bank Rate at 5.75% or more by year-end. The wider poll showed inflation averaging 6.8% and 4.7% this quarter and next.

Persons: Luke MacGregor, BoE, James Smith, Simon Wells, Shaloo Shrivastava, Jonathan Cable, Mumal Rathore, Rahul Trivedi, Purujit Arun, Ross Finley, John Stonestreet Organizations: of, REUTERS, Bank of England, Reuters, ING, Reserve, European Central Bank, HSBC, Thomson Locations: of England, London, BRITAIN, BENGALURU, LONDON, Western Europe

☆ Global stock market correction likely before year-end: Reuters poll
▼ + stars: | 2023-08-23 | by ( Hari Kishan | ) www.reuters.com time to read: +4 min

REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsSummary poll dataReuters poll graphic on global stock market outlookBENGALURU, Aug 23 (Reuters) - Global stock markets are heading for a correction in coming months, though overall they should post marginal gains between now and the end of 2023, according to a majority of analysts polled by Reuters. A bad year for stocks in 2022 carried into this year as global central banks battled inflation with interest rate rises that are now largely drawing to an end. A 71% majority of analysts, 55 of 77, who answered an additional question in the Aug. 9-23 poll said a correction by year-end in their local equity market was either likely or very likely. A "fear of missing out" is said to have helped drive much of the equity market rallies of recent years. The year-end forecast in February's Reuters poll was 4,200.

Persons: Brendan McDermid, Jerome Powell, Marko Kolanovic, Morgan, Terry Sandven, Europe's, Hari Kishan, Indradip Ghosh, Ross Finley, John Stonestreet Organizations: New York Stock Exchange, REUTERS, Reuters, Treasury, NIKKEI, February's Reuters, U.S, Bank Wealth Management, Japan's Nikkei, IPC, Thomson Locations: New York City, U.S, BENGALURU, Jackson, February's, Bengaluru, Buenos Aires, London, Mexico City, Milan, New York, San Francisco, Sao Paulo, Tokyo, Toronto

☆ Morning Bid: 'Flash' business funk and AI buzz
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +4 min

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. Euro zone government bond yields and the euro tumbled as traders bet the European Central Bank may soon pause its interest-rate hike campaign, with money markets now pricing less than a 50% chance of further tightening. The dollar (.DXY) hit its highest since early June as both the euro and sterling took a hit. Existing home sales dropped to a six-month low in July, with new home sales numbers due later today. European and Japanese shares were up smartly too, but mainland Chinese stocks (.CSI300) underperformed yet again and dropped another 1%-plus.

Persons: Mike Segar, Mike Dolan, Wednesday's, John Stonestreet Organizations: Wall, New York Stock Exchange, REUTERS, Micron Technology, European Central Bank, Treasury, Federal, Jackson, Nvidia, Apple, Microsoft, Devices, Autodesk, Advance, Thomson, Reuters Locations: Manhattan, New York City , New York, U.S, Europe, Philadelphia, United States, Johannesburg

Delegates walk past the logos of the BRICS summit during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg, South Africa on August 23, 2023. WHY DOES LULA WANT A BRICS CURRENCY? A BRICS currency "increases our payment options and reduces our vulnerabilities," he told the summit's opening plenary session. In July, India's foreign minister said, "there is no idea of a BRICS currency". WHAT ARE THE CHALLENGES OF SETTING UP A BRICS CURRENCY?

Persons: GIANLUIGI, Luiz Inacio Lula da Silva, LULA, doesn't, Vladimir Putin, Xi Jinping, Lesetja Kganyago, you've, Kganyago, Herbert Poenisch, Putin, Rachel Savage, Ethan Wang, Marcela Ayres, Gabriel Stargardter, Naomi Rovnick, Libby George, Marc Jones, John Stonestreet Organizations: REUTERS Acquire, Rights, Mercosur, South, Zhejiang University, Federal Reserve, FX, International Monetary Fund, Bank of International, Thomson Locations: Sandton, Johannesburg, South Africa, Rights JOHANNESBURG, Brazil, Russia, India, China, Russian, videolink, African, Ukraine, Beijing, Brasilia, Rio de Janeiro, London

☆ Niger junta says open to talks as Putin, US stress peace
▼ + stars: | 2023-08-15 | by ( Felix Onuah | ) www.reuters.com time to read: +4 min

REUTERS/Souleymane Ag Anara/File Photo Acquire Licensing RightsAug 15 (Reuters) - Niger's junta on Tuesday said that it was open to talks to resolve a regional crisis caused by last month's military coup, while Russia and the United States called for a peaceful resolution. Singh declined to call the takeover a coup but said it "certainly looks like an attempted coup." Military leaders in Mali and Burkina Faso have kicked out troops from former colonial power France and strengthened ties with Moscow. Putin has called for a return to constitutional order in Niger, while Wagner chief Yevgeny Prigozhin welcomed the army takeover and offered his services. Support for Russia has appeared to surge in Niger since the coup, with junta supporters waving Russian flags at rallies and calling for France to disengage.

Persons: Mohamed Bazoum, Ali Mahamane Lamine Zeine, Mahamat Deby, Vladimir Putin, Putin, Assimi Goita, Sabrina Singh, Joe Biden's, Singh, Bola Tinubu, Russia's Wagner, Wagner, Yevgeny Prigozhin, Felix Onuah, Mahamat Ramadane, Idrees Ali, Nellie Peyton, John Stonestreet, Estelle Shirbon, Alexandra Hudson, Jonathan Oatis Organizations: REUTERS, West, Economic, West African States, ECOWAS, Islamic, Twitter, Military, Thomson Locations: Nigerien, Niamey, Niger, Russia, United States, Ghana, al Qaeda, Islamic State, West, Central Africa, Russian, West Africa's, Central Africa's, West Africa, Mali, Burkina Faso, France, Moscow, Bazoum, Western, U.S, Germany, Italy, Paris, Abuja, Chad, Washington

A general view of the facade of Banco de la Nacion Argentina (Bank of the Argentine Nation), in Buenos Aires, Argentina December 7, 2021. The official FX rate will be fixed at 350 pesos per dollar until the October elections, the central bank said. The country's sovereign dollar bonds fell as much as 2 cents on the dollar, with the 2038 note leading the slide, according to MarketAxess data. Latin America's third-largest economy has been grappling with a severe economic crisis with sky-high inflation and falling central bank reserves. A candidate needs 45% of the Oct. 22 vote to win outright or 40% and a 10-point lead over second place.

Persons: Agustin Marcarian, Javier Milei, William Jackson, overvalued, Sunday's, Goldman Sachs, Patricia Bullrich, Sergio Massa, Ricardo Delgado, Eliana Raszewski, Rodrigo Campos, Jorge Otaola, Medha Singh, Adam Jourdan, Bernadette Baum, John Stonestreet, Andrew Cawthorne Organizations: de la Nacion Argentina, Bank of, Argentine, REUTERS, LONDON, Capital Economics, Investment, JPMorgan, Gross, Milei, Peronist, Economy, Analytica, Reuters Graphics Reuters, International Monetary Fund, IMF, Qatar, Thomson Locations: Buenos Aires, Argentina, Agustin Marcarian BUENOS AIRES, MERV, Argentine, refinance, Washington, Rosario

Latvia's Prime Minister Krisjanis Karins addresses the opening session on the first day of the Ukraine Recovery Conference in London, Britain June 21, 2023. Henry Nicholls/Pool via REUTERSRIGA, Aug 14 (Reuters) - Latvian Prime Minister Krisjanis Karins announced his resignation on Monday, blaming a breakdown in relations with parts of his multi-party governing government. Karins' New Unity party plans to select its candidate for prime minister on Wednesday, he said. President Edgars Rinkevics has responsibility for giving a mandate to a new prime minister to try to form a government. Latvia's next parliamentary election is scheduled for 2026.

Persons: Krisjanis Karins, Henry Nicholls, Karins, Aivars Lembergs, Edgars Rinkevics, Latvia's, Janis Laizans, Andrius, Terje Solsvik, John Stonestreet Organizations: Latvia's, Conference, REUTERS, Latvian, European Union, NATO, Unity, National Alliance, Progressives, Greens, Farmers Union, Thomson Locations: Ukraine, London, Britain, REUTERS RIGA, Lithuania, Estonia, Latvia, Russia, Ventspils

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