Oil prices end week in red despite settling higher as Powell boosts rate-cut hopes
Investing.com– Oil prices ended the week in the red despite settling higher Friday, as Federal Reserve chairman Jerome Powell’s signal that rate cuts were coming boosted sentiment on risk assets.…
As drought breeds hunger in Guatemala, farming program aims to help
SAN AGUSTIN ACASAGUASTLAN, Guatemala (Reuters) – Drought and crop failure are a pervasive threat in Guatemala where hunger and malnutrition run rampant, particularly in rural areas – a reality that…
Oil climbs $2/barrel after Fed’s Powell indicates coming US rate cuts
By Erwin Seba HOUSTON (Reuters) -U.S. light crude oil gained more than $2 a barrel on Friday after comments by U.S. Federal Reserve Chair Jerome Powell indicated the central bank…
Fires observed on board Greek-flagged tanker in Red Sea, says maritime agency
CAIRO (Reuters) – Three fires have been observed on board a Greek-flagged oil tanker in the Red Sea, The United Kingdom Maritime Trade Operations (UKMTO) said on Friday, one day after…
South African rand jumps as Fed’s Powell signals lower rates
JOHANNESBURG (Reuters) -The South African rand jumped on Friday, after comments by Federal Reserve Chair Jerome Powell signalled an interest rate cut next month. At 1520 GMT, the rand traded…
Massive blackouts roil Cuba
By Nelson Acosta and Alien Fernandez CARDENAS, Cuba (Reuters) – Power outages totaling 14 hours or more per day were reported on Thursday across much of crisis-racked Cuba, leaving millions…
Oil climbs with U.S. Federal Reserve pivot
By Erwin Seba HOUSTON (Reuters) – Oil prices rose more than 1% on Friday as U.S. Federal Reserve Bank Chair Jerome Powell signalled interest rate cuts would be among the…
Poland reports outbreak of bird flu on poultry farm, WOAH says
PARIS (Reuters) – Poland has reported an outbreak of the highly pathogenic H5N1 strain of avian influenza, or bird flu, on a poultry farm in the west of country, the…
Sterling climbs to highest since March 2022 against dollar
(Reuters) – Sterling rose to a more than two-year high versus the dollar on Friday, as investors took comfort from signs of strength in the British economy at a time…
US imposes sanctions on 400 more targets for aiding Russia’s war effort
By Simon Lewis (Reuters) – The United States on Friday imposed sanctions on more than 400 entities and individuals for supporting Russia’s war effort in Ukraine, the State Department said,…
