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Factbox-Governments act to ease inflation pain

Factbox-Governments act to ease inflation pain

by Reuters | Oct 31, 2022 | Africa, Asia, Business, Canada, Central America, Economy, Europe, Latin America, Middle East, Politics, UK, US

(Reuters) – Pandemic-related disruptions to global supply chains and the knock-on effects of Russia’s war in Ukraine have driven up prices of energy, commodities and basic necessities. Below is a list of actions taken by governments to try to help hard-hit...
Oil falls by nearly 2% as recession fears outweigh tight supply prospects

Oil falls by nearly 2% as recession fears outweigh tight supply prospects

by Reuters | Oct 10, 2022 | Business, Economy, Europe, Middle East, UK, US

By Laila Kearney NEW YORK (Reuters) – Oil prices sank by nearly 2% on Monday, after five straight sessions of gains, as investors worried that economic storm clouds could foreshadow a global recession and erode fuel demand. Brent crude futures settled at $96.19...
Oil prices slide $2/bbl; settle at 9-month lows on dollar strength

Oil prices slide $2/bbl; settle at 9-month lows on dollar strength

by Reuters | Sep 26, 2022 | Business, Economy, Europe, Middle East, UK, US

By Laura Sanicola (Reuters) – Oil prices fell $2 a barrel on Monday, settling at nine-month lows in choppy trade, pressured by a strengthening dollar as market participants awaited details on new sanctions on Russia. Brent crude futures for November settled down...

Russia releases U.S. citizens Alexander Drueke and Andy Huynh in prisoner exchange -family representative

by Reuters | Sep 21, 2022 | Europe, Middle East, Politics, Top News, US

LONDON (Reuters) -Russia has released U.S. citizens Alexander Drueke, 39, and Andy Huynh, 27, in a prisoner exchange brokered by Saudi Arabia, a family representative told Reuters on Wednesday. The pair, both from Alabama, were captured in June while fighting in...
SolarEdge Technologies faces import ban as U.S. ITC launches probe

SolarEdge Technologies faces import ban as U.S. ITC launches probe

by Reuters | Aug 30, 2022 | Business, Economy, Middle East, Technology, US

(Reuters) – SolarEdge Technologies Inc’s solar power optimizers and inverters could face an import ban, as the U.S. International Trade Commission (ITC) said on Monday it would investigate a few products after a smaller rival alleged patent infringement....
People facing acute food insecurity reach 345 million worldwide – WFP

People facing acute food insecurity reach 345 million worldwide – WFP

by Reuters | Aug 24, 2022 | Africa, Health, Middle East, Top News

By Amina Ismail and Charlotte Bruneau BAGHDAD (Reuters) – The number of people facing acute food insecurity worldwide has more than doubled to 345 million since 2019 due to the COVID-19 pandemic, conflict and climate change, the World Food Programme (WFP) said...
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