International

Tuesday, August 1st 2023 - 18:46 UTC
Retail prices outlook in the UK improving, but not out of the woods yet

Outlook for retail prices in the United Kingdom improving. New figures suggest food price inflation in the UK has slowed to its lowest level this year as prices of oils, fish, and breakfast cereals fall. According to the British Retail Consortium (BRC) and NielsenIQ retail analysts, food inflation slowed to 13.4% in July. It was 14.6% in June.
Tuesday, August 1st 2023 - 14:47 UTC
The Niger military coup, a new version of the Great Game?

By Gwynne Dyer

If you are a democratically elected leader in one of Africa’s Sahel countries — let’s say, Niger — and you suspect that the army is plotting to overthrow you, what’s the best countermeasure? Should you:
Tuesday, August 1st 2023 - 12:19 UTC
Brazil dominates increasing share of China's soybean market

The world’s soybean market is dominated by one major buyer: China, and for years, Mercosur's leading member Brazil has taken an increasingly bigger share of that trade away from the US. So much so that Brazilian shippers are even starting to dominate during the typical season lull.
Tuesday, August 1st 2023 - 12:10 UTC
UK launches ambitious North Sea oil and gas development licensing to ensure energy security

The United Kingdom is to grant hundreds of new licenses to seek and drill for gas and oil in the North Sea as it tries to bolster its energy security, the government said on Monday.
Monday, July 31st 2023 - 10:00 UTC
Kenya willing to help Haiti

Following an international appeal for help to crisis-torn Haiti, Kenya's Foreign Minister Alfred Mutua said in a statement Saturday that his country was ready to participate in a multinational force to curb the escalating violence in the Caribbean country.
Saturday, July 29th 2023 - 11:15 UTC
Argentina announces new deal with the IMF

The Government of Argentina reached an understanding with the International Monetary Fund (IMF) whereby the global agency will make disbursements worth over US$ 7 billion in August and November, it was announced Friday in Buenos Aires.
Friday, July 28th 2023 - 11:19 UTC
NYC court US$ 300 million bond for British tycoon and Patagonian landowner

A New York City court has imposed sweeping restrictions on British billionaire Joe Lewis as he awaits trial on insider trading charges. Mr Lewis, 86, pleaded not guilty and was granted US$ 300m (£230m) bail.
Friday, July 28th 2023 - 10:39 UTC
Uruguay: Desalination plant arrives from United States to fight the water crisis

Uruguayan authorities Thursday confirmed the arrival in Montevideo of a desalination plant bought in the United States to fight the water crisis hitting the country. The piece of equipment was expected to take about four weeks to be delivered from Houston, but in the end, it was over two months.
Friday, July 28th 2023 - 10:28 UTC
Amnesty International concerned over human rights violations in Peru

Amnesty International (AI) Thursday conveyed its concern to Peruvian President Dina Boluarte regarding human rights violations in the South American country ahead of its July 28 Independence Day celebrations.
Friday, July 28th 2023 - 09:51 UTC
Euro zone raises benchmark interest rate to 4,25% for the ninth time running

The European Central Bank on Thursday increased the key interest rate in the Eurozone by 0.25 percentage points to 4.25%. The decision to hike rates for a ninth straight time is part of the ongoing campaign to bring down inflation, but as inflation pressures show tentative signs of easing, recession worries mount.