Mexico freezes relations with US, Canadian embassies after judicial reform criticism

By Ana Isabel Martinez and Kylie Madry MEXICO CITY (Reuters) -The Mexican government has paused its relationship with the U.S. and Canadian embassies in the country, President Andres Manuel Lopez…

UBS sees EUR/CHF slipping amid rate cuts

UBS has revised its forecast for the EUR/CHF currency pair, anticipating a slight decline to 0.93 in the second half of 2024. The global economy’s soft landing has been favorable…

UBS sees GBP/CHF range-bound amid central bank moves

UBS’ latest commentary on the GBP/CHF currency pair indicates expectations for range trading in the near term, with its analysis highlighting the contrasting monetary policies of the Swiss National Bank…

UBS sees stable EUR/GBP with slight GBP advantage

UBS, on Tuesday, noted a stable outlook on the EUR/GBP rate with a slight downward bias for the pair, attributing the stability to similar monetary policy cycles between the Bank…

Oil prices fall 2% on economic worries, technical decline

By Paul Carsten LONDON (Reuters) -Oil prices slipped on Tuesday after rebounding more than 7% over the previous three sessions on supply concerns prompted by fears of widening Middle East…

Venezuela’s Maduro prepares executive changes at state oil firm PDVSA, sources say

CARACAS (Reuters) – Venezuela’s President Nicolas Maduro is getting ready to announce executive changes at state-owned oil company PDVSA and the oil ministry, part of key official moves following a…

Mexico to ‘pause’ relationship with US embassy after judicial reform criticism, president says

MEXICO CITY (Reuters) – The Mexican government has paused its relationship with the U.S. embassy in the country, the nation’s president said on Tuesday, after the U.S. ambassador criticized a…

UN watchdog says Russian nuclear plant ‘extremely exposed’ if attacked

KURCHATOV, Russia (Reuters) -A nuclear plant in western Russia, where fighting is raging between Russian and Ukrainian forces, is especially vulnerable to a serious accident because it lacks a protective…

Mexico to ‘pause’ relationship with US embassy after judicial reform comments, president says

MEXICO CITY (Reuters) – The Mexican government has paused its relationship with the U.S. embassy in the country, the nation’s leader said on Tuesday, after the U.S. ambassador criticized a…

US dollar weakens, sterling hits more two-year high

By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Sterling climbed to its highest against the U.S. dollar in more than two years on Tuesday, while the greenback slipped broadly…