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☆ Box office hero: Taylor Swift concert film dominates at theaters
▼ + stars: | 2023-10-15 | by ( Lisa Richwine | ) www.reuters.com time to read: +4 min

LOS ANGELES, Oct 15 (Reuters) - Pop singer Taylor Swift ruled movie box offices over the weekend as her concert film transformed darkened theaters into dance floors and hauled in an estimated $126 million-plus around the world. Moviegoers dressed in concert T-shirts and sequins for screenings of "Taylor Swift: The Eras Tour." That would surpass the $73 million that Justin Bieber's 2011 release "Never Say Never," the current record holder for a concert film, collected over its entire run. "This is a superstar debut," Jeff Bock, senior box office analyst at Exhibitor Relations Co., said of Swift's film. Fans pass by an image of Taylor Swift as they enter a cinema to watch Taylor Swift's Eras Tour concert movie in Mexico City, Mexico October 13, 2023.

Persons: Taylor Swift, Justin Bieber's, Jeff Bock, Taylor, Alexandre Meneghini, Swift, Stephanie Gaudette, CinemaScore, Beyonce, Lisa Richwine, Bill Berkrot, Lisa Shumaker, Deepa Babington Organizations: Hollywood, AMC, Relations, REUTERS, Ticketmaster, Theatre, SoFi, Rotten, National Association of Theatre Owners, Thomson Locations: Brazil, South Korea, Malaysia, Mexico City, Mexico, Hollywood, Los Angeles

☆ President Abbas says Hamas' actions do not represent Palestinians
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: 1 min

Palestinian President Mahmoud Abbas addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 21, 2023. REUTERS/Brendan McDermid Acquire Licensing RightsOct 15 (Reuters) - Palestinian Authority President Mahmoud Abbas said the actions and policies of Islamist group Hamas do not represent Palestinian people, according to official news agency WAFA. In a phone call with Venezuelan President Nicolas Maduro, Abbas also called the Palestine Liberation Organization the "sole legitimate representative of the Palestinian people," WAFA said. "The president affirmed his rejection of the killing of civilians on both sides and called for the release of civilians, prisoners and detainees on both sides," added the news agency. Reporting by Hatem Maher and Ahmed Tolba; Editing by Deepa Babington and Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

Persons: Mahmoud Abbas, Brendan McDermid, Nicolas Maduro, Abbas, WAFA, Hatem Maher, Ahmed Tolba, Deepa Babington, Lisa Shumaker Organizations: General Assembly, REUTERS, Palestinian, WAFA, Venezuelan, Palestine Liberation Organization, Thomson Locations: New York City, U.S, Palestine

QUITO/GUAYAQUIL, Oct 15 (Reuters) - Business heir Daniel Noboa on Sunday won Ecuador's presidential election, vowing to rebuild the South American country, which is struggling with a weak economy and rising crime and violence. "From tomorrow Daniel Noboa starts work as your new president," he added. "Daniel Noboa, our profound congratulations, because this is democracy," Gonzalez told supporters in Quito, calling on Noboa to fulfill his promises to students and the elderly. [1/16]Ecuadorian presidential candidate Daniel Noboa and his wife Lavinia Valbonesi celebrate his win in the presidential election, in Santa Elena, Ecuador. Analysts have said a Noboa victory initially could be perceived as positive by investors, but longer-term outlook will depend on his cabinet appointments.

Persons: Daniel Noboa, Noboa, Fernando Villavicencio, Alvaro, Luisa Gonzalez, Gonzalez, Rafael Correa, Lavinia Valbonesi, Santiago Arcos, Eduardo Chavez, Diana Atamaint, Correa, Guillermo Lasso, Alexandra Valencia, Yury Garcia, Tito Correa, Rodrigo Campos, Julia Symmes Cobb, Diane Craft, Bill Berkrot, Deepa Babington, Gerry Doyle Organizations: Sunday, Ecuadorian, Santiago, National Democratic, Thomson Locations: QUITO, GUAYAQUIL, American, Ecuador, Olon, Quito, Santa Elena, Guayaquil, Sucumbios, Nicaragua, Russia, Belarus, Israel, Canuto, New York

☆ Big Tech Struggles to Turn AI Hype Into Profits
▼ + stars: | 2023-10-11 | by ( Tom Dotan | Deepa Seetharaman | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Bond yields ease, stocks near flat ahead of Fed minutes
▼ + stars: | 2023-10-11 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +2 min

[1/3] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. The Fed minutes are due later Wednesday, and investors will assess them for further hints about the economic outlook and where U.S. rates are heading. The pan-European STOXX 600 index (.STOXX) rose 0.15% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 0.19%. Global stocks have edged higher in recent sessions with U.S. bond yields - which underpin borrowing costs around the world - easing as Fed officials have suggested interest rate hikes may be over for now. U.S. crude fell 2.68% to $83.67 per barrel and Brent was at $85.73, down 2.19% on the day.

Persons: Brendan McDermid, Edward Moya, Brent, Herbert Lash, Harry Robertson, Tom Westbrook, Sam Holmes, Alex Richardson, Deepa Babington Organizations: New York Stock Exchange, REUTERS, Companies, Treasury, Reserve, Palestinian, Dow Jones, Nasdaq, Thomson Locations: New York City, U.S, Israel, Gaza, New York, London, Singapore

[1/3] Rep. Steve Scalise (R-LA) and Rep. Jim Jordan (R-OH) speak to reporters on Capitol Hill in Washington, U.S., October 29, 2019. Buck said Jordan and Scalise provided unsatisfactory answers on the question of reining in spending on Tuesday night. Scalise and Jordan have both racked up several dozen endorsements, but neither has a clear path to success. Some moderates, for example, have warned that Jordan becoming speaker would give Democrats plenty of ammunition for next year's congressional elections. "I think Jim Jordan will end up getting it, and if not, Scalise would be fine," said Representative Ralph Norman, who supports Jordan.

Persons: Steve Scalise, Jim Jordan, Erin Scott, Kevin McCarthy, McCarthy, Patrick McHenry, Tom Cole, Scalise, Jordan, Ben Cline, Ken Buck, Buck, Ralph Norman, David Morgan, Moira Warburton, Richard Cowan, Andy Sullivan, Scott Malone, Gerry Doyle, Jonathan Oatis, Deepa Babington Organizations: Capitol, REUTERS, Rights, U.S . House, Republicans, Republican, Reuters, Jordan, Thomson Locations: Washington , U.S, U.S, Jordan, Israel, Ukraine, Wednesday's, Washington

WASHINGTON, Oct 10 (Reuters) - The Biden administration is expected to announce on Friday the winners of $7 billion in federal grants to build out regional hydrogen hubs, three sources familiar with the matter told Reuters. The 2021 bipartisan infrastructure bill allocated up to $7 billion to launch the initiative, called the Regional Clean Hydrogen Hubs program, which will help fund six to 10 regional clean hydrogen hubs across the United States. The hubs have many private and public sector partners and the federal grants are expected to unleash a wave of new state and private sector investment. The administration has also earmarked billions of dollars more in subsidies for hydrogen producers in last year's Inflation Reduction Act. The Philadelphia region is one of the locations vying for a share of the $7 billion in grants.

Persons: Biden, Joe Biden, Jarrett Renshaw, Valerie Volcovici, Richard Valdmanis, Deepa Babington Organizations: Reuters, Energy Department, DOE, Department of Energy, Thomson Locations: California, Pennsylvania, Michigan, United States, Philadelphia

A senior Russian official accused the United States of deploying unmatched efforts to ensure Russia remained out of the Human Rights Council. The empty seat for the representative of Russia is pictured during the Human Rights Council special session on the human rights situation in Ukraine, at the United Nations in Geneva, Switzerland, May 12, 2022. China and Cuba were also among the winners of Tuesday's vote, drawing objections from human rights defenders. "Crimes against humanity and genocide apparently (are) not disqualifying actions for UN's top human rights body," the Uyghur Human Rights Project, which advocates against what rights campaigners say are China's grave human rights abuses against the mainly Muslim ethnic minority, wrote on messaging platform X.Juan Pappier, deputy director for the Americas at Human Rights Watch, wrote on X in the run-up to the vote that Cuba was unfit to be a member of the Council. "Its record of systematic human rights violations speaks for itself," he wrote.

Persons: doesn't, Louis Charbonneau, Vladimir Putin, Maria Lvova, Denis Balibouse, Maria Zabolotskaya, Richard Gowan, Juan Pappier, Emma Farge, Gabrielle Tétrault, Farber, Deepa Babington Organizations: Russia, GENEVA, United Nations, General Assembly, Rights Council, UN, United, Human Rights Watch, Children's, Kremlin, Human Rights, Human, REUTERS, Representative, Crisis, Thomson Locations: Bulgaria, Albania, Russia, Ukraine, Cuba, China, Moscow, Europe, Geneva, United Nations, U.S, Russian, United States, Switzerland, Russia's

REGULATORY SCRUTINYWhile disinformation has spread on all major social media platforms including Facebook and TikTok, X appeared to be the most recent to draw scrutiny from regulators. On Tuesday, European Union Commissioner Thierry Breton warned Musk that X was spreading "illegal content and disinformation," according to a letter Breton posted on X. Musk himself recommended that X users follow two accounts that had previously spread false claims for "real-time" updates on the conflict, the Washington Post reported. False information has also spread on messaging app Telegram and short-form video app TikTok, said DFRLab's Trad. Like other online platforms, YouTube has moderation employees and technology to remove content that violates its rules.

Persons: Dado Ruvic, Ruslan Trad, X, Bruno Mars miscaptioned, Thierry Breton, Breton, Musk, Renee DiResta, Jack Brewster, Brewster, Tamara Kharroub, DFRLab's Trad, TikTok, Solomon Messing, there's, Messing, Kharroub, Sheila Dang, Riniki Sanyal, Deepa Babington Organizations: Twitter, REUTERS, Elon, European Union, Reuters, Atlantic, Forensic Research, Hamas, Meta, Facebook, European, EU, Stanford Internet Observatory, Washington Post, Washington, Arab Center Washington DC, New York University's Center for Social Media, YouTube, Thomson Locations: Israel, American, New, Dallas, Bangalore

☆ AI’s Costly Buildup Could Make Early Products a Hard Sell
▼ + stars: | 2023-10-09 | by ( Tom Dotan | Deepa Seetharaman | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. Birkenstock is the latest high-profile listing to put investor focus on the initial public offering (IPO) market, which is gradually reopening after two relatively quiet years and a burst of activity in September. Due to recent price hikes, worldwide footwear sales are expected to rise just 2.9% over 2022, according to market research firm Euromonitor International. AllBirds (BIRD.O), Dr Martens (DOCS.L), and On Running (ONON.N) have all seen their market value fall since their IPOs in 2021. "When you look at the trend of other shoe companies that have IPO-ed, it doesn't give a great outlook for Birkenstock," Valechha said.

Persons: Fabrizio Bensch, Birkenstock, Kellogg, Mamta, Cheviot, Valechha, Johann Adam Birkenstock, Barbie, Margot Robbie, Jessica Ramirez, Jane Hali, Siobhan Gehin, Roland Berger, Thomas Hayes, sneaker, Dr Martens, Allbirds, Alexandre Arnault, LVMH, Bernard Arnault, Matt Oguz, Iris, L, Ananya Mariam Rajesh, Helen Reid, Emma, Victoria Farr, Echo Wang, Abigail Summerville, Deepa Babington Organizations: REUTERS, LVMH, New York Stock Exchange, Euromonitor, Associates, Dick's Sporting, Reuters, Partners, Norges Bank Investment Management, Thomson Locations: Berlin, Germany, New York, London, Neustadt, United States, U.S, Cannes, Silicon Valley

☆ Jet engine maker CFM says suspect parts reached its own repair shops
▼ + stars: | 2023-10-05 | by ( Tim Hepher | ) www.reuters.com time to read: +4 min

"CFM is reviewing the documentation turned over by AOG Technics as part of our effort to determine the full extent of their sale of parts with fraudulent documentation," CFM said. AOG Technics could not be reached for comment. The CFM56 is the most sold jet engine in history and was developed by a transatlantic venture that turns 50 next year. The findings cover thousands of parts for the CFM56 engine as well as hundreds of parts for GE's CF6 engines, used mainly on commercial freighters. CFM56 engines entered service in 1982 and power the previous generation of Boeing (BA.N) 737s and about half the previous generation of Airbus (AIR.PA) A320s.

Persons: Philippe Wojazer, France's Safran, AOG Technics, Jose Zamora Yrala, CFM's, Tim Hepher, Bill Berkrot, Deepa Babington Organizations: REUTERS, Rights, Jet, CFM, GE Aerospace, AOG, CFM Materials, Boeing, Airbus, Thomson Locations: Reau, Paris, France, London

[1/2] Starbucks workers attend a rally as they go on a one-day strike outside a store in Buffalo, New York, U.S., November 17, 2022. Federal law only allows NLRB members, who are appointed by the president and confirmed by the Senate, to be removed for "neglect of duty or malfeasance in office." The Buffalo store is one of more than 360 Starbucks locations in the U.S. to unionize since 2021. The labor board is currently considering more than 100 cases accusing Starbucks of unlawful conduct, including firing union supporters, barring organizing in stores and refusing to bargain with unions. An NLRB official dismissed Cortes' petition in May, saying no election could be held until cases accusing Starbucks of unfair labor practices at the Buffalo store were resolved.

Persons: Lindsay DeDario, Ariana Cortes, Cortes, Kayla Blado, Daniel Wiessner, Alexia Garamfalvi, Deepa Babington Organizations: REUTERS, Starbucks Corp, U.S . National Labor Relations Board, Work Foundation, U.S . Constitution, Starbucks, NLRB, Senate, Democratic, Democrat, Buffalo, Thomson Locations: Buffalo , New York, U.S, New York, Washington ,, U.S ., Buffalo, unionize, Albany , New York

☆ Toronto home prices rebound in September, sales hit 8-month low
▼ + stars: | 2023-10-04 | by ( Fergal Smith | ) www.reuters.com time to read: +1 min

REUTERS/Chris Helgren/File photo Acquire Licensing RightsTORONTO, Oct 4 (Reuters) - Greater Toronto Area (GTA) home prices rose in September for the first time in four months, as the Bank of Canada paused its interest rate hiking campaign, but the level of sales fell to the lowest since January. On a year-over-year basis, home prices were up 3%. "GTA home selling prices remain above the trough experienced early in the first quarter of 2023," Jason Mercer, TRREB chief market analyst, said in a statement. "However, we did experience a more balanced market in the summer and early fall, with listings increasing noticeably relative to sales. New listings jumped 44.1% year-over-year, while home sales were down 7.1%.

Persons: Chris Helgren, Jason Mercer, Fergal Smith, Deepa Babington Organizations: REUTERS, Rights, Toronto Area, Bank of Canada, Toronto Regional Real Estate Board, Thomson Locations: Toronto , Ontario, Canada, Canadian

[1/3] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. "It has all the hallmarks of intervention in all honesty," said Michael Brown, market analyst at Trader X in London. The dollar fell 0.71% to 149.165 yen hovered near break-even against the euro . The yen is a particular casualty of the dollar's march to 10-month highs and the rise in Treasury yields, given a yawning gap between U.S. and Japanese interest rates. Gold prices languished near a seven-month low, weighed down by a robust dollar and elevated bond yields as the likelihood of U.S. rates staying higher for longer dominated sentiment.

Persons: Brendan McDermid, Michael Brown, Ronald Temple, Raphael Bostic, Bostic, Shunichi Suzuki, Suzuki, Brent, Ankur Banerjee, Jamie Freed, Susan Fenton, Jan Harvey, Deepa Babington, Cynthia Osterman Organizations: New York Stock Exchange, REUTERS, Global, Federal Reserve, Trader, Labor, Survey, Lazard, U.S, Dow Jones, Nasdaq, Atlanta Fed, Thomson Locations: New York City, U.S, London, New York, Japan, Singapore

☆ Canada to pick new House speaker after fiasco involving former Nazi soldier
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +2 min

[1/4] Canada's Prime Minister Justin Trudeau casts his vote during the election of a new Speaker in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada October 3, 2023. Former speaker Anthony Rota, a member of the governing Liberal party, resigned last week. The members of the 338-seat House will then vote by secret ballot, ranking the candidates in order of preference. The House speaker is meant to be an impartial arbitrator of parliamentary procedure, seeking to maintain order and decorum during debates. Among the candidates are Liberal Greg Fergus, who if elected would be the first person of color to become speaker.

Persons: Justin Trudeau, Blair Gable, Volodymyr Zelenskiy, Anthony Rota, Yaroslav Hunka, Adolf Hitler's Waffen, Zelenskiy, Rota, Liberal Greg Fergus, Liberal Sean Casey, Prince Edward Island, Chris d'Entremont, Elizabeth May, Steve Scherer, Deepa Babington 私たち Organizations: Canada's, REUTERS, Rights OTTAWA, Liberal, Adolf Hitler's Waffen SS, Liberals, Green Party Locations: Ottawa , Ontario, Canada, Nazi, Polish, Ukrainian, Ukraine, Quebec's Gatineau Hills

☆ Treasury's Yellen says US overdependent on China for critical supply chains
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +1 min

U.S. Treasury Secretary Janet Yellen addresses a news conference during a G20 finance ministers' and Central Bank governors' meeting at Gandhinagar, India, July 16, 2023. REUTERS/Amit Dave/File Photo Acquire Licensing RightsWASHINGTON, Oct 3 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Tuesday the United States has become overly dependent on China for critical supply chains, particularly in clean energy products and needs to broaden out sources of supply. Yellen, speaking at a Fortune CEO event in Washington, repeated her longstanding view that the United States does not want to decouple economically from China. "We're fooling ourselves if we think that abandoning, for all practical purposes, semiconductor manufacturing, is a smart strategy for the United States," Yellen said. Reporting by David Lawder and Kanishka Singh in Washington; editing by Jonathan Oatis and Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

Persons: Janet Yellen, Amit Dave, Yellen, David Lawder, Kanishka Singh, Jonathan Oatis, Deepa Babington Organizations: Treasury, Central Bank governors, REUTERS, Rights, . Treasury, United, Thomson Locations: Gandhinagar, India, United States, China, Washington, U.S

☆ Canada wants private talks with India to resolve diplomatic spat
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Adnan Abidi/File Photo Acquire Licensing RightsOct 3 (Reuters) - Canada wants private talks with India to resolve a diplomatic dispute over the murder of a Sikh separatist leader, Foreign Minister Melanie Joly said on Tuesday, after a report said India had asked the country to withdraw 41 diplomats. India has told Canada that it must repatriate the diplomats by Oct. 10, according to the Financial Times. We take Canadian diplomats' safety very seriously and we will continue to engage privately because we think diplomatic conversations are best when they remain private," Joly told reporters. The Financial Times said India had threatened to revoke the diplomatic immunity of the 41 diplomats told to leave if they remained after Oct. 10. India suspended new visas for Canadians on Sept 22 and asked Ottawa to reduce its diplomatic presence in the country.

Persons: Narendra Modi, Justin Trudeau, Adnan Abidi, Melanie Joly, Joly, Hardeep Singh Nijjar, Trudeau, Subrahmanyam Jaishankar, Jahnavi, David Ljunggren, Steve Scherer, Christian Schmollinger, Robert Birsel, Ed Osmond, Deepa Babington Organizations: Indian, Canadian, REUTERS, Financial Times, Indian High Commission, Thomson Locations: Hyderabad, New Delhi, India, Canada, Ottawa, Bengaluru

A Tesla Model 3 vehicle drives on autopilot along the 405 highway in Westminster, California, U.S., March 16, 2022. REUTERS/Mike Blake/File Photo Acquire Licensing RightsCompanies Tesla Inc FollowOct 2 (Reuters) - In a victory for Tesla (TSLA.O), a judge has ruled that a group of vehicle owners must pursue claims that the company misled about its Autopilot features in individual arbitration rather than court. The ruling means Tesla will not have to face class action claims on behalf of much larger groups of vehicle owners. A fifth plaintiff who did not sign an arbitration agreement waited too long to sue, Gilliam ruled in dismissing that plaintiffs' claims. The company moved to send the claims to arbitration, citing the plaintiffs' acceptance of the arbitration agreement.

Persons: Mike Blake, Tesla, District Judge Haywood Gilliam, Gilliam, Andrew Kirtley, Kirtley, Daniel Wiessner, Alexia Garamfalvi, Deepa Babington Organizations: Tesla, REUTERS, U.S, District, Thomson Locations: Westminster , California, U.S, Oakland , California, California, Los Angeles, Albany , New York

[1/2] The Microsoft logo is seen at the Microsoft store in New York City, July 28, 2015. REBUFFED BY APPLENadella also testified that Microsoft had sought to make its Bing search engine the default on Apple (AAPL.O) smartphones but was rebuffed. On laptops, most of which use Microsoft operating systems, Bing is the default search engine and has a market share below 20%, Nadella acknowledged. Nadella became CEO of Microsoft in 2014, long after the tech giant faced its own federal antitrust lawsuit. As Google, which was founded in 1998, became an industry leading search engine, the two became bitter rivals.

Persons: Mike Segar, Satya Nadella, Nadella, U.S . Justice Department's, APPLE Nadella, John Schmidtlein, Google's, Schmidtlein, Bing, Amit Mehta, Diane Bartz, Christina Fincher, Deepa Babington Organizations: Microsoft, REUTERS, Google, U.S . Justice, Apple, APPLE, Bing, Verizon, BlackBerry, Nokia, District of Columbia, Thomson Locations: New York City, WASHINGTON, U.S, Bing, OpenAI

A Tesla Model 3 vehicle drives on autopilot along the 405 highway in Westminster, California, U.S., March 16, 2022. The ruling marks a significant victory for Tesla, as it means the company will not have to face class action claims on behalf of much larger groups of vehicle owners. A fifth plaintiff who did not sign an arbitration agreement waited too long to sue, Gilliam ruled in dismissing that plaintiff's claims. The company moved to send the claims to arbitration, citing the plaintiffs' acceptance of the arbitration agreement. Gilliam on Saturday rejected claims by the plaintiffs that the agreements signed by four of the plaintiffs were unenforceable.

Persons: Mike Blake, Tesla, District Judge Haywood Gilliam, Gilliam, plaintiff's, Daniel Wiessner, Alexia Garamfalvi, Deepa Babington Organizations: Tesla, REUTERS, Tesla Inc, U.S, District, Thomson Locations: Westminster , California, U.S, California, Los Angeles, Albany , New York

Nadella was dismissing an argument that Google has made - that it is easy to change defaults on devices. He said that Microsoft, itself a tech powerhouse, had sought to make its Bing search engine the default on Apple (AAPL.O) smartphones but was rebuffed. The clout in search makes Google a heavy hitter in the lucrative advertising market, boosting its profits. "You get up in the morning and you brush your teeth and you search on Google," he added in a reference to Google's dominance in search. As Google, which was founded in 1998, became an industry leading search engine, the two became bitter rivals.

Persons: Mike Segar, Satya Nadella, U.S . Justice Department's, Nadella, Amit Mehta, Bing, Diane Bartz, Christina Fincher, Deepa Babington Organizations: Microsoft, REUTERS, U.S ., Google, Apple, District of Columbia, Thomson Locations: New York City, WASHINGTON, U.S, OpenAI

Oct 3 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Investors in Asia are also awaiting the Reserve Bank of Australia's latest policy decision and guidance on Tuesday. But it is the relentless rise in U.S. Treasury yields and the dollar that will set the tone across the region. But the yen continues to slide, suggesting it is still being driven by U.S. yields and the dollar side of the equation. All but two of 32 economists in a Sept. 27-28 poll expected the RBA to hold its official cash rate steady.

Persons: Jamie McGeever, Deepa Babington Organizations: Treasury, Investors, Reserve Bank, Australia's, Bank of Japan, Aussie, ., Reserve Bank of Australia, PMI, Thomson, Reuters Locations: Asia, U.S, Japan, Tokyo, Australia, PMIs, South Korea

☆ Mexico President Slams US Spending on Ukraine as 'Irrational'
▼ + stars: | 2023-10-02 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador on Monday panned U.S. military spending on Ukraine as "irrational," stepping up criticism of the war effort as he urged Washington to devote more resources to helping Latin American countries. Lopez Obrador has long called on the United States to devote more funds to helping economic development in Central America and the Caribbean in order to ease migratory pressures. "I was just looking at how now they're not authorizing aid for the war in Ukraine," he said. "But how much have they destined for the Ukraine war? The leftist Lopez Obrador has sought to keep Mexico neutral in the war, and criticized western military aid for Kyiv.

Persons: Andres Manuel Lopez Obrador, Lopez Obrador, Russia's, Dave Graham, Deepa Babington Organizations: MEXICO CITY, U.S, Congress, Ukraine, Kyiv Locations: MEXICO, Ukraine, Washington, United States, Central America, Caribbean, Mexico, Russia, Russian

☆ Mexico president slams US spending on Ukraine as 'irrational'
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +2 min

Mexico's President Andres Manuel Lopez Obrador and Chile's President Gabriel Boric (not pictured) deliver a statement to the media at La Moneda government palace in Santiago, Chile, September 10, 2023. Lopez Obrador has long called on the United States to devote more funds to helping economic development in Central America and the Caribbean in order to ease migratory pressures. "I was just looking at how now they're not authorizing aid for the war in Ukraine," he said. "But how much have they destined for the Ukraine war? The leftist Lopez Obrador has sought to keep Mexico neutral in the war, and criticized western military aid for Kyiv.

Persons: Andres Manuel Lopez Obrador, Gabriel Boric, Ivan Alvarado, Lopez Obrador, Russia's, Dave Graham, Deepa Babington Organizations: La, REUTERS, MEXICO CITY, U.S, Congress, Ukraine, Kyiv, Thomson Locations: Santiago , Chile, MEXICO, Ukraine, Washington, United States, Central America, Caribbean, Mexico, Russia, Russian

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