Reuters Wire
South Africa’s ANC Stops Impeachment Process Against Ramaphosa
South Africa's ruling African National Congress (ANC) on Tuesday stopped an impeachment process from being launched against President Cyril Ramaphosa, as most of its lawmakers followed party instructions to vote against a probe report on...
Fusion Energy Breakthrough Announced By US Scientists
U.S. scientists on Tuesday revealed a scientific advance on fusion energy which, if it can make the leap from labs to commercial generation of electricity in coming decades, could help the fight to curb climate...
Hong Kong Scraps COVID Test Requirement to Visit Mainland China, Macau
Hong Kong announced a further loosening of COVID-19 curbs in the global financial hub starting Wednesday (December 14) when international passengers arriving in the territory would no longer face COVID-19 movement controls or be barred...
Poor Management, Inexperienced Leaders Led to FTX Collapse, New CEO Tells Lawmakers
Shortly after U.S. regulators on Tuesday charged FTX founder Sam Bankman-Fried with defrauding investors, its new chief executive told lawmakers the crypto exchange’s implosion stemmed from poor management practices and inexperienced individuals at the helm....
U.S. Inflation Subsides Further in November
By Lucia Mutikani WASHINGTON - U.S. consumer prices rose less than expected for a second straight month in November, resulting in the smallest annual increase in inflation in nearly a year and giving the Federal...
U.S. Says to Commit $55 Billion to Africa Ahead of Summit
By Trevor Hunnicutt and Nandita Bose WASHINGTON - The United States will commit $55 billion to Africa over the next three years as President Joe Biden prepares to host the U.S.-Africa summit this week and...
Medieval-Inspired Communal Bakery Aims to Help With Cost-of-Living Crisis
Baker Maisie Collins has opened up her industrial oven in east London for locals to use, drawing on the medieval tradition of communal bakehouses to help people at a time when many are struggling to...
China Delays Economic Policy Meeting Due to COVID-19 Surge: Reports
By Brenda Goh and Farah Master SHANGHAI/HONG KONG — Chinese leaders have reportedly delayed a key economic policy meeting amid growing signs that COVID-19 infections are surging nearly a week after Beijing jettisoned some of...
Peru’s Newly Elected President Pledges ‘Early Elections’ as Protests and Casualties Rise
LIMA, Peru — Peru's new president said early on Monday, Dec. 12 that she would submit a bill to Congress to bring general elections forward by two years, after the ouster of her predecessor sparked...
European Union Seeks to Secure World’s First Carbon Border Tariff
BRUSSELS, Belgium — The European Union (EU) is hoping to reach a deal late on Monday, Dec. 12 to impose a carbon dioxide tariff on imports of polluting goods such as steel and cement —...
FTX Founder Bankman-Fried ‘Willing to Testify’ Before US House Panel, Tweet
FTX's Sam Bankman-Fried is willing to testify before the U.S. House Committee on Dec. 13, the cryptocurrency exchange's founder said in a tweet on Friday, as regulators investigate his role in the wake of its...
As China Loosens COVID Restrictions, Protesters Fear Retribution
By Yew Lun Tian and Jessie Pang BEIJING/HONG KONG — Late last month, Shanghai resident Pei was one of many people who came out in support of historic protests against China's COVID-19 curbs, including filming...