The political establishment that appointed Hassan Diab as Lebanon’s PM only stood to benefit from his failure. Beirut, Lebanon – “They” controlled the state. “They”…
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As dollar slides, some investors fret about its status as world's reserve currency
NEW YORK (Reuters) – Some investors are worried the U.S. response to the coronavirus pandemic is dealing a body blow to the dollar, potentially accelerating…
How strong is too strong? Euro's 10% rally fans fears of side effects
LONDON (Reuters) – After years of gloom, euro bulls will be celebrating the single currency’s brisk rally to two-year highs against the dollar, yet the…
Ahead of U.S. election, China braces for rocky ride, potential change
(Reuters) – With bilateral relations in free-fall, Beijing is bracing for more turbulence in the run-up to the U.S. election in November, and the possibility…
EU fund seen as turning point for eurozone financial assets
LONDON (Reuters) – Investors cheered a key step toward fiscal integration in the European Union via a new recovery fund agreed on Tuesday, seeing it…
Brazil boosts oil exports to Asia as global rivals make record cuts
RIO DE JANEIRO/MEXICO CITY (Reuters) – Brazil increased crude exports to Asia in the first half of the year, stealing a slice of a coveted…
When the U.S. sneezes, the world catches a cold. What happens when it has severe COVID-19?
WASHINGTON (Reuters) – During a blue-sky moment in 2018 near the end of a decade-long economic expansion, it was the United States that helped pull…
France-Turkey tensions mount after NATO naval incident
PARIS/BRUSSELS (Reuters) – For France, it was the final straw. For Turkey, it was a misunderstanding. For NATO, it could be a turning point. The…