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By Elena Fabrichnaya, Alexander Marrow and Vladimir Soldatkin MOSCOW (Reuters) -Russia’s central bank hiked its key interest rate by a greater-than-expected 100 basis points to 8.5% on Friday, raising the cost of borrowing as the weak rouble added to inflation pressure from a tight labour market and strong consumer demand. It was the first time the bank had raised rates in more than a year, having gradually reversed an emergency […]

By Elena Fabrichnaya, Alexander Marrow and Vladimir Soldatkin MOSCOW (Reuters) -Russia’s central bank hiked its key interest rate by a greater-than-expected 100 basis points to 8.5% on Friday, raising the cost of borrowing as the weak rouble added to inflation pressure from a tight labour market and strong consumer demand. It was the first time the bank had raised rates in more than a year, having gradually reversed an emergency […]

TUNIS (Reuters) – At least six migrants died after their boat sank off Morocco, the MAP state news agency said on Friday on its Facebook page. It added that the boat struck rocks and the six people drowned. Forty-eight others survived. Authorities launched search operations. (Reporting by Tarek Amara; Editing by Cynthia Osterman) Brought to you by www.srnnews.com

By Aislinn Laing MADRID (Reuters) -As could be expected of the head of a far-right party that puts nationalism at its core, Vox leader Santiago Abascal drapes himself in Spanish symbols, wearing designer shirts glorifying bullfighting or issuing Vox-branded hand fans to rally attendants. Giving speeches against backdrops of oil paintings and churches and vowing to return to Spaniards “the things that really matter”, Abascal has toured the country in […]

MEXICO CITY (Reuters) – Migrants in Latin America are more likely to work in informal jobs despite having higher qualifications compared to native workers, hindering their integration, a joint report by three international organizations showed on Friday. Over 50% of migrants in the region are likely to find informal work, the study by the Inter-American Development Bank (IDB), the Organization for Economic Cooperation and Development (OECD) and the United Nations […]

By Simon Lewis and David Brunnstrom WASHINGTON (Reuters) – It has never been easy for the United States to secure the return of citizens from North Korea, one of the world’s most isolated nations. The task may be even harder in the case of Private Travis King, with communication between the countries now almost non-existent, say diplomats and negotiators. King, an active-duty U.S. Army soldier serving in South Korea, sprinted […]

(Reuters) – Apollo Global Management Inc co-founder Leon Black paid $62.5 million to the U.S. Virgin Islands to avoid any legal claims tied to a Jeffrey Epstein sex-trafficking investigation, the New York Times reported on Friday. The Times obtained a copy of the settlement agreement from the Virgin Islands government through a public records request. The settlement was reached in January. A spokesperson for Black confirmed in an emailed statement […]

By Marianna Parraga and Gary McWilliams HOUSTON (Reuters) -A U.S. court set Oct. 23 as the start date for a long-expected auction of shares in Venezuela-owned refiner Citgo Petroleum’s parent to pay creditors with judgments against the South American nation. The sale process lays out a schedule that could lead to formal approval of any sale of shares in PDV Holding, a U.S.-based unit of state company Petróleos de Venezuela, […]

(Reuters) – Apollo Global Management Inc co-founder Leon Black paid $62.5 million to the U.S. Virgin Islands to avoid any legal claims tied to a Jeffrey Epstein sex-trafficking investigation, the New York Times reported on Friday. The Times obtained a copy of the settlement agreement from the Virgin Islands government through a public records request. The settlement was reached in January. A spokesperson for Black confirmed in an emailed statement […]