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Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. The BOJ held interest rates at -0.1% on Friday and reiterated its pledge to keep supporting the economy until it's confident inflation will stay at the 2% target. "We have yet to foresee inflation stably and sustainably achieve our price target," BOJ Governor Kazuo Ueda said in a press conference. The yen dropped as low as 148.42 to the dollar, nearing the 150-mark at which analysts have said government intervention to prop up the currency is likely. It was on track to eke out a weekly increase of around 0.2%, its 10th rise in as many weeks.

Persons: Florence Lo, Kazuo Ueda, we've, Alvin Tan, Shunichi Suzuki, RBC's Tan, Treasuries, Ray Sharma, Ong, Sterling, BoE, Harry Robertson, Rae Wee, Christopher Cushing, Sonali Paul, Christina Fincher Organizations: U.S, REUTERS, Bank of Japan, Federal Reserve, Asia FX, RBC Capital Markets, Japan's Finance, Ministry, Finance, Bank of England, Thomson Locations: SINGAPORE, France, Asia, Tokyo, London, Singapore

☆ British retail sales grow in August after washout in July
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Phil Noble/File Photo Acquire Licensing RightsLONDON, Sept 22 (Reuters) - British retail sales partially recovered in August after a rainy July washout, official figures showed on Friday, adding to signs that the country's consumers were mostly coping with the cost-of-living squeeze. Sales volumes rose by 0.4% on a month-on-month basis after a sharp 1.1% fall in July, the Office for National Statistics said. "These were partially offset by internet sales, which dropped slightly as some people returned to shopping in person following a very wet July. However, August's data represented the sixth time so far in 2023 that sales volumes rose on a month-to-month basis, suggesting resilience in consumer demand. Retail sales volumes were 1.4% lower than a year earlier, the ONS said, compared with economists' forecasts for a 1.2% decline.

Persons: Phil Noble, Heather Bovill, GfK, BoE, William Schomberg, James Davey, William James, Christina Fincher Organizations: REUTERS, National Statistics, Reuters, Office, Bank of England, British Foods, Thomson Locations: Altrincham, Britain

☆ US Treasury launches US-China economic, financial working groups
▼ + stars: | 2023-09-22 | by ( David Lawder | ) www.reuters.com time to read: +2 min

WASHINGTON, Sept 22 (Reuters) - The U.S. Treasury Department on Friday said it was formally launching two new U.S.-China working groups on economic and financial issues aimed at providing a regular policy communications forum between the world's two largest economies. In a statement, the Treasury said the two groups would "meet on a regular cadence" and report to Yellen and Chinese Vice Premier He Lifeng. China's Ministry of Finance will be Treasury's counterpart for the Economic Working Group, while the People's Bank of China will be its counterpart for the Financial Working Group. China's Finance Ministry and central bank both issued statements confirming the establishment of the economic and financial working groups but gave few details beyond saying they were aimed at strengthening communication and collaboration on these issues. Establishment of the two working groups also follows Commerce Secretary Gina Raimondo's agreement with Chinese officials in August to establish a working group on U.S. export controls aimed at explaining U.S. policies.

Persons: Yellen, Gina Raimondo's, Donald Trump, David Lawder, Christina Fincher Organizations: U.S . Treasury Department, Treasury, China's Ministry, Finance, Economic, People's Bank of, Financial, China's Finance Ministry, State, Thomson Locations: China, China's, People's Bank of China, Beijing, U.S, Washington

☆ Israeli Forces Kill Palestinian Fighter in Northern West Bank Raid
▼ + stars: | 2023-09-22 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +2 min

RAMALLAH, West Bank (Reuters) - Israeli forces shot dead a Palestinian militant during a raid in the occupied West Bank on Friday, the seventh person killed this week as President Mahmoud Abbas sought to revive statehood talks amid efforts to further integrate Israel into the Middle East. In a statement, they said he was shot while confronting Israeli soldiers who raided the village of Kafr Dan near the northern West Bank city of Jenin. The Israeli military said soldiers opened fire at suspects who shot at and hurled an explosive device at its forces during a weapons search operation in Kafr Dan. Violence in the West Bank violence has surged for over a year, with stepped up Israeli military raids, increased settler assaults on Palestinian villages and a spate of Palestinian attacks targeting Israelis. Israel occupied the West Bank, which Palestinians want as the core of an independent state, in a 1967 Middle East war.

Persons: Mahmoud Abbas, Kafr Dan, Benjamin Netanyahu's, Joe Biden, Netanyahu, Abbas, Ali Sawafta, Henriette Chacar, James Mackenzie, Christina Fincher Organizations: West Bank, Reuters, Islamic, Defense, Children International, U.S, United Nations General Assembly, UN Locations: RAMALLAH, West, Palestinian, Israel, Kafr, West Bank, Jenin, Kafr Dan, Palestine, New York, Saudi Arabia

☆ Poland issues environmental permit for first nuclear power plant
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +1 min

FILE PHOTO-Polish Minister of Climate an Environment Anna Moskwa, speaks during an interview with Reuters at Enviroment Ministry headquarter in Warsaw, Poland, June 15, 2023. REUTERS/Kuba Stezycki/File Photo Acquire Licensing RightsWARSAW, Sept 22 (Reuters) - Poland has issued an environmental permit for the country's first nuclear power plant, state run news agency PAP reported on Friday, citing Climate Minister Anna Moskwa. According to Poland's General Directorate for Environmental Protection (GDOS), the building and operation of the plant will not adversely affect the environment, and its impact will be monitored, PAP reported. Warsaw plans to build its first nuclear power plant on the Baltic coast by 2033. The U.S. consortium and Polish utility Polskie Elektrownie Jądrowe are expected to sign an engineering services contract next week, according to Bechtel.

Persons: Anna Moskwa, Kuba, Moskwa, Bechtel, Marek Strzelecki, Christina Fincher Organizations: Reuters, Enviroment Ministry, REUTERS, Rights, Environmental Protection, Westinghouse Electric Co, U.S ., Polskie, Bechtel, Thomson Locations: Polish, Warsaw, Poland, Baltic

☆ Fringes and slime at Prada Milan Fashion Week show
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +2 min

[1/5] A model presents a creation from the Prada Spring/Summer 2024 collection during Fashion Week in Milan, Italy, September 21, 2023. REUTERS/Alessandro Garofalo Acquire Licensing RightsMILAN, Sept 21 (Reuters) - Models walked amid slime falling from the ceiling at Prada's catwalk show on Thursday, as the Italian luxury label presented its latest womenswear collection at Milan Fashion Week. Designers Miuccia Prada and Raf Simons opened the Spring/Summer 2024 show with an all-grey shirt and shorts look, worn with a patterned scarf on top. Milan, which will host shows by other fashion heavyweights including Giorgio Armani, Gucci, Dolce & Gabbana and Versace, is the third leg of the month-long Spring/Summer 2024 catwalk calendar that began in New York in early September. Milan Fashion Week runs until Monday.

Persons: Alessandro Garofalo, Miuccia Prada, Raf Simons, Miu Miu, Scarlett Johansson, Emma Watson, Benedict Cumberbatch, Vincent Cassel, Simons, Fabio Zambernardi, Giorgio Armani, Gucci, Versace, Marie, Louise Gumuchian, Elisa Anzolin, Christina Fincher Organizations: Prada, REUTERS, Milan Fashion, Dolce, Milan, Thomson Locations: Milan, Italy, Hong Kong, New York, London, Paris

☆ Analysis: Amid Israel turmoil, markets want continuity at central bank helm
▼ + stars: | 2023-09-21 | by ( Steven Scheer | ) www.reuters.com time to read: +6 min

[1/2] The Bank of Israel building is seen in Jerusalem June 16, 2020. "Therefore, markets and credit rating agencies are reading more into the question of 'yes' or 'no' to a second term. "Who will be governor is a major concern for investors abroad," said Leader Capital Markets Chief Economist Jonathan Katz. A few years earlier in 2010, Stanley Fischer accepted a second term and helped Israel weather the global financial crisis. Reporting by Steven Scheer Additional reporting by Maayan Lubell Editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Ronen, Amir Yaron's, Benjamin Netanyahu, Amir Yaron, Yaron, Netanyahu, Flug, Fitch, Jonathan Katz, Katz, Nadine Baudot, Jacob Frenkel, Frenkel, Netanyahu's, Stanley Fischer, Fischer, Efraim Benmelech, Benmelech, Andrew Abir, Steven Scheer, Maayan, Christina Fincher Organizations: Bank of, REUTERS, Bank, Israel, Netanyahu's, Wharton School, University of Pennsylvania, Reuters, Capital Markets, Bank of Israel, Israel Democracy Institute, U.S . Federal Reserve, Kellogg School of Management, Northwestern University, Thomson Locations: Bank of Israel, Jerusalem, JERUSALEM, Israeli, United States, Ukraine, Russia, Israel

☆ Morning Bid: Fed leaves shoe dangling in policy parade
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +5 min

At least eight major central banks are meeting on Thursday. Central banks in South Africa and Turkey are also meeting. Futures now show the implied Fed policy rate for the end of next year at a new cycle high of 4.85% - up a whopping 35 basis points in just over a week. Key developments that should provide more direction to U.S. markets later on Thursday:* Bank of England policy decision; South Africa Reserve Bank policy decision, Central Bank of Turkey policy decision. European Central Bank President Christine Lagarde speaks* Philadelphia Fed's September business survey, U.S. weekly jobless claims, U.S. Aug existing home sales, U.S. Q2 current account estimate.

Persons: Sarah Silbiger, Mike Dolan, Jerome Powell, Goldman Sachs, Goldman, Jan Hatzius, Robin Brooks, Brooks, BoE, Christine Lagarde, Darden, Christina Fincher Organizations: Eccles Federal Reserve, Washington , D.C, REUTERS, Swiss National Bank, Bank of, Fed, for International Finance, Treasury, Swiss, Africa Reserve Bank, Central Bank of, European Central Bank, Factset, Reuters, Thomson Locations: Washington ,, U.S, Norwegian, Bank of England, South Africa, Turkey, Central Bank of Turkey, Philadelphia

The European Central Bank last week lifted rates to a record 4% and upgraded its inflation forecast for 2024, but the euro fell and has lost almost 2% against the dollar this month. Overall, Europe's central banks "would like to portray this idea of higher for longer (rates)," said Ed Hutchings, head of rates at Aviva Investors. The currency, which the central bank labeled "unjustifiably weak," barely caught a break and remains near a record low against the euro . He expected one the of big European central banks to be the first to cut rates. European central banks were "in a bind," Fiotakis added, as higher oil prices also threatened to push inflation higher.

Persons: Dado Ruvic, Sterling, Kit Juckes, BoE, SocGen's Juckes, Ed Hutchings, Nathan Thooft, Bjoern, Fiotakis, Orla Garvey, Naomi Rovnick, Christina Fincher Organizations: REUTERS, Sterling, LONDON, Bank of, Swiss, greenback, Societe Generale, European Central Bank, ECB, U.S . Federal Reserve, Fed, Aviva Investors, Investment Management, Reuters, DWS Group, Nomura, ING, Barclays, Federated, Thomson Locations: Swiss, Bank of England, Switzerland, Sweden, Europe, U.S, Western Europe, United States, Britain, Swedish, Japan, European

☆ China pledges to accelerate introduction of more economic policies
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

People stand at a shopping mall near the CCTV headquarters and China Zun skyscraper, in Beijing's central business district (CBD), China September 7, 2023. China will stick to deepening reforms and further opening up and will fully mobilize the enthusiasm of businesses, CCTV said. "China will accelerate the introduction of relevant policies and work implementation, as well as further consolidate the economy's upward trend," CCTV said. Feedback from an inspection and survey of the country's economic recovery was presented at the meeting, according to state media. Responding to the advice gathered during the survey, relevant government departments should make plans and carry out in-depth research considering 2024's economic work, the state media said.

Persons: Tingshu Wang, Premier Li Qiang, Yi Gang, Ellen Zhang, Liz Lee, Christina Fincher, William Maclean Organizations: REUTERS, Rights, Premier, People's Bank of China, Asian Development Bank, Thomson Locations: China, Beijing's, Rights BEIJING

☆ India, US collaborate on project to deploy 10,000 e-buses in India
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: 1 min

NEW DELHI, Sept 20 (Reuters) - The United States and India will collaborate on a project to deploy 10,000 made-in-India electric buses in Indian cities, the U.S. embassy said in a statement on Wednesday. A key component of the project will be a new payment security mechanism that will "accelerate new and more sustainable investments by lowering financial risks," the embassy said. "The partnership announced today will mobilize financing for a fleet of 10,000 electric buses throughout India, expanding options for electric public transportation in India, creating cleaner cities and healthier communities," U.S. Ambassador to India Eric Garcetti said. Reporting by Shivam Patel; editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: India Eric Garcetti, Shivam Patel, Christina Fincher Organizations: U.S, Thomson Locations: DELHI, United States, India, U.S

☆ Poland summons Ukrainian ambassador over Zelenskiy comments
▼ + stars: | 2023-09-20 | by ( Alan Charlish | ) www.reuters.com time to read: +4 min

REUTERS/Viacheslav Ratynskyi/File Photo Acquire Licensing RightsWARSAW, Sept 20 (Reuters) - Poland summoned Kyiv's envoy to the foreign ministry on Wednesday, after comments by Ukraine's president on a ban on grain imports angered the government in Warsaw, which is toughening its stance ahead of October elections. It said Jablonski also told Ambassador Vasyl Zvarych that "putting pressure on Poland in multilateral forums or sending complaints to international tribunals are not appropriate methods of resolving disputes between our countries". He did not name the countries although Kyiv has previously said the complaint targeted Poland, Slovakia and Hungary. Polish Agriculture Minister Robert Telus told state-run news agency PAP that he took Kachka's comments as a way of "calming down a certain atmosphere that had been building for two or three days". Reporting by Alan Charlish and Pawel Florkiewicz; editing by Christina Fincher, Tomasz Janowski and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

Persons: Viacheslav, Kyiv's, Ukraine's, Volodymyr Zelenskiy, Pawel Jablonski, V, Zelenskiy, Jablonski, Vasyl Zvarych, Florin Barbu, Mateusz Morawiecki, Morawiecki, Facebook Morawiecki, Taras Kachka, Robert Telus, Alan Charlish, Christina Fincher, Tomasz Janowski, Mark Heinrich Our Organizations: Russian, REUTERS, Rights, United Nations General Assembly Kyiv, General, European Commission, Romanian, Trade Organization, Poland's, Polsat, Facebook, Trade, RMF, Thomson Locations: Ukraine, Velykomykhailivka, Dnipropetrovsk region, Poland, Warsaw, Russia, Hungary, Slovakia, Moscow, Romania, Bulgaria, Kyiv, Republic of Poland

However, that was still nearly twice as much as the 5.5 billion euros invested in 2019, before the coronavirus pandemic hit. Reuters GraphicsOverall German direct investment flows dropped more sharply, to 63 billion euros from 104 billion euros last year, as Europe's largest economy battled recession. "Although the German economy is overall investing much less abroad, new direct investments in China remain nearly as high as before." Matthes pointed out that investments in the rest of Asia as a share of Germany's overall investments was also rising. "It is notable that nearly a quarter of German direct investment flows recently went to Asia," he said.

Persons: Thomas Peter, Juergen Matthes, Matthes, Sarah Marsh, Friederike Heine, Christina Fincher Organizations: REUTERS, Rights, Investment, Reuters, Reuters Graphics, Volkswagen, BASF, Thomson Locations: Beijing, China, Asia

☆ OECD raises 2023 global growth outlook, cuts 2024
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +2 min

While that was an upgrade from 2.7% in the OECD's June outlook, global growth was expected to slow to 2.7% in 2024 - down from its estimate of 2.9% in June. Reuters GraphicsThe improved U.S. outlook for this year helped offset weakness in China and the euro zone, dragged down by Germany - the only major economy expected to be in recession. In June, the OECD had forecast 5.4% growth this year and 5.1% next year. The OECD cut the euro zone's growth outlook this year to just 0.6% from 0.9% in June, but forecast it would pick up next year to 1.1% - down from 1.5% in June - as Germany returned to growth. Though the growth outlook for next year would mostly be weak, the OECD said central banks should keep interest rates high until clear signs inflationary pressures have subsided.

Persons: Leigh Thomas, Christina Fincher Organizations: OECD, Organisation for Economic Development, Reuters, Thomson Locations: U.S, Paris, China, Germany

☆ Nigeria frees on bail 69 arrested over alleged gay wedding
▼ + stars: | 2023-09-19 | by ( Tife Owolabi | ) www.reuters.com time to read: +1 min

Some of the men charged with public displays of affection with members of the same sex are seen gathered outside a court in Lagos, Nigeria October 27, 2020. REUTERS/Temilade Adelaja/File Photo Acquire Licensing RightsYENAGOA, Nigeria, Sept 19 (Reuters) - A court in Nigeria has released on bail 69 people who were arrested last month in connection with an alleged gay wedding, which is illegal in the country, their lawyer said on Tuesday. So, the 69 suspects have been granted bail and I am processing their paperwork," Ohimor said. State prosecutors had opposed bail but the court ruled that the suspects should be released because they were not facing a capital offence, said Ohimor. The anti-gay law in Africa's most populous nation includes a prison term of up to 14 years for those convicted, and bans gay marriage, same-sex relationships, and membership of gay rights groups.

Persons: Temilade, Ochuko Ohimor, Ohimor, Tife Owolabi, MacDonald Dzirutwe, Jon Boyle, Hugh Lawson, Christina Fincher Organizations: REUTERS, Thomson Locations: Lagos, Nigeria, Africa, Warri, Africa's

Chinese President Xi Jinping and Russian President Vladimir Putin attend a presentation of a Haval F7 SUV produced at the Haval car plant located in Russian Tula region, at the Kremlin in Moscow, Russia, June 5, 2019. Nikolai Patrushev, a close Putin ally and the secretary of Russia's Security Council, said Russia and China should deepen cooperation in the face of the West's attempt to contain them both. Putin will attend the third Belt and Road Forum after an invitation by Xi during a high-profile visit to Moscow in March. Putin has pivoted towards China, and Xi has stood by him. Putin last visited Beijing in February 2022, days before the invasion, where he and Xi announced a 'no limits' partnership.

Persons: Xi Jinping, Vladimir Putin, Maxim Shipenkov, Putin, China's Xi Jinping, Putin's, Nikolai Patrushev, Wang Yi, Xi, Maxim Reshetnikov, Reshetnikov, William Burns, Guy Faulconbridge, Kevin Liffey, Christina Fincher Organizations: Kremlin, ICC, Security, Criminal Court, Cuban Missile Crisis, CIA, Reuters, Thomson Locations: Russian Tula, Moscow, Russia, China, MOSCOW, Beijing, Ukraine, CHINA, RUSSIA, Russian, United States

☆ Governments race to regulate AI tools
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +7 min

ITALY* Investigating possible breachesItaly's data protection authority plans to review artificial intelligence platforms and hire AI experts, a top official said in May. ChatGPT became available to users in Italy in April after being temporarily banned over concerns by the national data protection authority in March. The country's privacy watchdog said in June it had warned OpenAI not to collect sensitive data without people's permission. SPAIN* Investigating possible breachesSpain's data protection agency said in April it was launching a preliminary investigation into potential data breaches by ChatGPT. It has also asked the EU's privacy watchdog to evaluate privacy concerns surrounding ChatGPT.

Persons: Dado Ruvic, Ursula von der Leyen, CNIL, Ziv Katzir, Israel, ChatGPT, OpenAI, Antonio Guterres, Guterres, Mark Zuckerberg, Elon Musk, Lawmakers, Joe Biden's, Beryl Howell, Alessandro Parodi, Amir Orusov, Kirsten Donovan, Mark Potter, Christina Fincher, Milla Nissi Organizations: REUTERS, Baidu, Microsoft, Markets Authority, Big Tech, Britain, HK, SenseTime, Israel Innovation Authority, EU, UNITED, . Security, International Atomic Energy Agency, United Nations, U.S, IBM, Nvidia, Washington D.C, U.S . Federal Trade Commission, Thomson Locations: AUSTRALIA, Australia, BRITAIN, CHINA, China, FRANCE, Italy, Hiroshima, Japan, IRELAND, ISRAEL, Israel, ITALY, JAPAN, U.S, SPAIN, New York, Washington, Gdansk

☆ Morning Bid: Messy market mood as oil irks
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +5 min

Model of Oil barrels are seen in front of rising stock graph in this illustration, July 24, 2022. The crude spur is more supply than demand related and most fingers point to the latest output cuts from Saudi Arabia and Russia. Headline inflation rates are already backing up as a result of the energy price rebound and U.S. gas pump prices rose last week to $3.88 per gallon - the highest since October 2022. Stock markets around the world were mixed to positive and U.S. futures were up a fraction ahead of Wall St's open. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Dado Ruvic, Mike Dolan, Claudio Borio, Mehmet Simsek, Goldman Sachs, Christina Fincher Organizations: REUTERS, U.S . Energy, Administration, Federal Reserve, Bank for International, U.S, Economic, American Chamber of Commerce, Stock, Kingfisher, . Federal Reserve, Treasury, Turkey's, Goldman, Reuters Graphics, Reuters Graphics Reuters, Reuters, Thomson Locations: U.S, Saudi Arabia, Russia, Treasuries, China, Shanghai, Europe, Canada, New York

The benchmark 10-year Treasury yield hit 4.399% overnight in Asia, its highest rate since early November 2007, and the two-year yield rose further above 5%. MSCI's gauge of stocks across the globe (.MIWD00000PUS) shed 0.27%, while the pan-European STOXX 600 index (.STOXX) lost 1.05%, hit by lowered growth outlooks. CENTRAL BANKSGlobal central banks take stage, with five of those overseeing the 10 most-heavily traded currencies holding rate-setting meetings this week. A swathe of emerging market central banks including Turkey and South Africa will also meet. The Swedish crown sank to a record low against the euro on Monday, days before the Riksbank is expected to raise interest rates again.

Persons: Brendan McDermid, BOE, Brent, Marc Chandler, Chandler, Saira Malik, France's, Stocks, Xi, Kazuo Ueda, Herbert Lash, Nell Mackenzie, Dhara, Stella Qiu, Philippa Fletcher, Alexander Smith, Christina Fincher Organizations: New York Stock Exchange, REUTERS, Treasury, Global, Federal, United Auto Workers, Detroit Three, Bannockburn Global, U.S, Societe Generale, Dow Jones, Nasdaq, China Evergrande, HK, CENTRAL, Bank of England, Bank of Japan, European Central Bank, Thomson Locations: New York City, U.S, China, Bannockburn, New York, Asia, Turkey, South Africa, Swedish, London, Sydney

☆ Italy to pass tougher measures to deter migrant arrivals
▼ + stars: | 2023-09-18 | by ( Angelo Amante | ) www.reuters.com time to read: +3 min

[1/2] A man disembarked from Guardia di Finanza vessel is taken away on a stretcher after being rescued at sea, on the Sicilian island of Lampedusa, Italy, September 18, 2023. Under Italian law, migrants facing repatriation can be held if they cannot be immediately expelled. More than 127,000 migrants have arrived in Italy so far this year, according to government data, almost double the figure for the same period of 2022. Officials say a majority of migrants head to Italy for economic reasons and are therefore not eligible for asylum. ($1 = 0.9379 euros)Reporting by Angelo Amante; Editing by Crispian Balmer and Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Yara, Giorgia Meloni, Meloni, Ursula von der Leyen, Von der Leyen, Angelo Amante, Crispian Balmer, Christina Fincher Organizations: Guardia, REUTERS, Rights, European, Thomson Locations: Guardia di, Lampedusa, Italy, Rome, Brussels

ORLANDO, Florida, Sept 17 (Reuters) - Hedge funds cut their net short dollar position by nearly $5 billion last week, according to the latest U.S. futures markets data, the biggest swing towards a more bullish dollar stance since May last year. Less than two months ago, funds' were net short of dollars to the tune of $21.3 billion, the biggest bet against the greenback since June 2021. Speculators' net short dollar position against just the G10 currencies, which was worth $18 billion as recently as July, has now completely evaporated. A short position is essentially a wager an asset's price will fall, and a long position is a bet it will rise. Funds cut their net long holdings by 23,151 contracts to 113,080 contracts, the smallest net long since November and the biggest week-on-week reduction since June last year.

Persons: hasn't, Jamie McGeever, Christina Fincher, Lincoln Organizations: Futures, Bank of Japan, U.S . Federal, Reuters, Thomson Locations: ORLANDO, Florida, Brazilian, U.S

☆ Italy to Pass Tougher Measures to Deter Migrant Arrivals
▼ + stars: | 2023-09-18 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +2 min

By Angelo AmanteROME (Reuters) - The Italian government, struggling with a surge in migrant arrivals, will pass measures on Monday to lengthen the time migrants can be held and to ensure more people who have no right to stay are repatriated, officials said. Under Italian law, migrants facing repatriation can be held if they cannot be immediately expelled. More than 127,000 migrants have arrived in Italy so far this year, according to government data, almost double the figure for the same period of 2022. Officials say a majority of migrants head to Italy for economic reasons and are therefore not eligible for asylum. As part of the package, it set aside around 20 million euros ($21.32 million) over two years.

Persons: Angelo Amante ROME, Giorgia Meloni, Meloni, Ursula von der Leyen, Von der Leyen, Angelo Amante, Crispian Balmer, Christina Fincher Organizations: European Locations: Lampedusa, Italy, Rome, Brussels

CALGARY, Alberta, Sept 18 (Reuters) - The CEOs of top Saudi Arabian and U.S. oil producers Aramco (2222.SE) and Exxon Mobil (XOM.N) on Monday pushed back against forecasts that oil demand will peak, and said the transition to cleaner energy to fight climate change would require continuing investment in conventional oil and gas. Speaking at the World Petroleum Congress in Calgary, Aramco CEO Amin Nasser said talk of peak oil demand had come up often before. Current demand is around 100 million bpd. The Organization of the Petroleum Exporting Countries, which has also dismissed the IEA peak oil estimate, is more upbeat about demand, expecting growth of 2.44 million bpd this year to 102.1 million bpd, compared with the IEA's forecast of 2.2 million bpd of growth. This year's conference theme is the energy transition.

Persons: Amin Nasser, Nasser, Prince Abdulaziz bin Salman, Prince Abdulaziz, Julia Levin, Darren Woods, Woods, Nia Williams, Rod Nickel, Christina Fincher, Marguerita Choy Organizations: Saudi Arabian, Aramco, Exxon Mobil, Monday, International Energy Agency, World Petroleum Congress, of, Petroleum, Congress, Saudi Arabia's Energy, IEA, Environmental Defence, Exxon, Thomson Locations: CALGARY, Alberta, Saudi, U.S, Calgary, Environmental Defence Canada

☆ Libya Says Four Members of Greek Rescue Team Killed in Road Accident
▼ + stars: | 2023-09-17 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +1 min

CAIRO (Reuters) - Four members of a Greek rescue team en route to the flood-ravaged city of Derna and three members of a Libyan family were killed in a road accident on Sunday, the health minister for the Libyan eastern government said. Fifteen of the Greek rescue team were injured, including seven in a critical condition, Othman Abduljaleel told a televised news conference. Two of the Libyan family were also critical, he said. The Greek foreign ministry was not immediately available to comment on Abduljaleel's statement regarding the killing of four Greeks. According to a diplomatic source, the Greek rescue team had 16 members plus three interpreters.

Persons: Othman Abduljaleel, Hatem Maher, Muhammad Al Gebaly, Karolina Tagaris, Christina Fincher, Conor Humphries Organizations: Greek Armed Forces Locations: CAIRO, Derna, Libyan, Benghazi

☆ Ukraine general says Klishchiivka village near Bakhmut recaptured
▼ + stars: | 2023-09-17 | by ( ) www.reuters.com time to read: +2 min

A sniper of Ukraine's 3rd Separate Assault Brigade takes a position during a reconnaissance mission, amid Russia's attack on Ukraine, near Bakhmut, Ukraine September 7, 2023. REUTERS/Stringer/File Photo Acquire Licensing RightsSept 17 (Reuters) - The general in command of Ukraine's ground forces said on Sunday that Ukrainian forces had recaptured the eastern village of Klishchiivka on the southern flank of Bakhmut, which the Russians claimed control of in January. Interior Minister Ihor Klymenko also confirmed on Telegram that the village was recaptured in heavy fighting by the "Liut" national police united assault brigade, the 80th airborne assault brigade and the 5th assault brigade. The Ukrainian military said earlier on Sunday that Kyiv's troops "achieved success in the Klishchiivka district of the Donetsk region, forcing the enemy out of their positions." Ukrainian military analysts said this week the liberation of settlements near Bakhmut would allow the military to advance from the southern flank in the Bakhmut area, gaining control of the heights.

Persons: Stringer, Klishchiivka, Alexander Syrskyi, Ihor Klymenko, Andriy Yermak, Yermak, Bakhmut, Pavel Polityuk, Elaine Monaghan, Louise Heavens, Christina Fincher Organizations: Assault Brigade, REUTERS, Reuters, Bakhmut, Ukrainian, Thomson Locations: Ukraine, Bakhmut, Klishchiivka, Andriivka, Ukrainian, Donetsk

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