By Karin Strohecker WASHINGTON (Reuters) – Pakistan hopes to agree the contours of a new International Monetary Fund loan in May, Finance Minister Muhammad Aurangzeb told Reuters, and has kicked off talks with ratings agencies to lay the groundwork for a return to international debt…
By Gavin Maguire LITTLETON, Colorado (Reuters) – Wholesale power prices coming under pressure from surging solar output is not a new concept in power markets, but looks set to become a potentially divisive issue across Europe as rampant expansions in solar output upend market pricing patterns. Power generated by solar…
Oil prices jumped on Friday while Asian markets tumbled, with global investors worrying about an escalation in conflict in the Middle East after explosions were reported near the Iranian city of Isfahan. US crude futures rose 2.1% to trade at $84.5 per barrel during Asian morning trading hours. Brent crude,…
USD/JPY faces some selling pressure near 154.15 in Friday’s early Asian session. The escalating geopolitical tension in the Middle East and Asia boosts the safe-haven JPY. Investors raise their bets that the US Fed will delay interest rate cuts to September. The USD/JPY pair attracts some sellers around 154.15 on Friday during the early Asian trading…
The ethos of Bitcoin as a decentralized cryptocurrency is under threat, according to Kadan Stadelmann, the CTO of Komodo, who has voiced concerns to BeInCrypto over the increasing centralization within the network. This shift from its foundational principles could redefine Bitcoin’s role in the financial landscape. One Huge Mining Powerhouse…
Late Thursday night, the House Rules Committee passed a series of foreign aid bills out of committee using Democratic support, in a sign that Republicans in the chamber will need to rely on Democrats to pass the legislation. Three Republicans – Reps. Thomas Massie of Kentucky, Ralph Norman of South…
The Australian Dollar loses ground on heightened risk aversion as Israeli missiles…
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By Jamie Freed (Reuters) – Airlines quickly changed flight paths over Iran,…
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Explosions were heard near an Iranian military base, and multiple reports citing…
POLITICS
View MoreThe US risks losing its military presence in another African country as the government of Chad sent a letter threatening to end a critical security agreement, according to four US sources, a move that threatens to cede more US influence in the region to Russia. In a letter sent to the US defense attaché last week, Chadian officials threatened to cancel the Status of Forces Agreement, or SOFA, which determines the rules and conditions under which US military personnel can operate in the country. While the letter did not directly order the US military to leave Chad, the officials told…
Hear what Trump said minutes after jury was seated in hush money trial CNN’s Daniel Dale fact-checks remarks former President Donald Trump made outside court minutes after a full jury…
Former Vice President Mike Pence on Thursday warned that if Russian President Vladimir Putin were to “overrun” Ukraine, he would then attack a NATO nation, forcing the US to become…
Jury selection in Donald Trump’s hush money business fraud case began Thursday looking like the task of finding 12 jurors had run aground. Two of the seven initial jurors who…
Markets
View MoreIndian Rupee weakens on Friday due to geopolitical tension risks, renewed USD demand. The fear of a wider conflict between…
Finance
View MoreGoogle is merging more parts of the company in an effort to move faster in AI.Google’s DeepMind chief has gained more power, while the head of…
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TikTok is again facing an imminent threat from Congress. On Wednesday, House Republicans added a hot-button bill that could lead to a nationwide TikTok ban to a wide-ranging foreign aid package intended to help Israel and Ukraine. House Speaker Mike Johnson aims to hold a vote on the aid package…
Economy
By Andrea Shalal WASHINGTON (Reuters) – The world’s poorest countries are facing…
Fintech
For years, Netflix investors cared about one thing more than anything else:…
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