Economic News

By Katharine Jackson WASHINGTON (Reuters) – The standoff over raising the U.S. federal government’s $31.4 trillion debt ceiling illustrates the stakes of U.S. Senator Dianne Feinstein’s lengthy absence from Washington, fellow Democratic Senator Amy Klobuchar said on Sunday.

SANTIAGO (Reuters) – Global copper producers are converging in Chile this week for their largest gathering since 2019, with talks expected to center on the industry’s growing M&A wave amid surging demand and tight supply for the metal anchoring the green energy transition.

CAIRO (Reuters) -The United Nations’ World Food Programme (WFP) said on Sunday it had temporarily halted all operations in Sudan after three of its employees were killed in clashes between the Sudanese army and the paramilitary Rapid Support Forces (RSF) a day earlier.

WARSAW (Reuters) – A Polish ban on imports of Ukrainian grain and other food will also apply to the transit of these products through the country, the development and technology minister said on Sunday.

By Julie Steenhuysen and Michael Erman (Reuters) – An experimental mRNA vaccine developed by Moderna Inc combined with Merck & Co’s blockbuster immunotherapy Keytruda cut the risk of death or recurrence of the most deadly skin cancer by 44% compared Keytruda alone, U.S. researchers reported at

CAIRO (Reuters) – Sudan state television cut its transmission on Sunday afternoon, a move that employees said was aimed at preventing the broadcast of propaganda by a paramilitary force that was battling the army for control of the capital.

By Steven Scheer JERUSALEM (Reuters) – Israeli Finance Minister Bezalel Smotrich on Sunday said Moody’s decision to cut the outlook for Israel’s sovereign credit rating was “not a big drama” and that the government’s plan to overhaul the judiciary would help the economy.

(Reuters) – Russian President Vladimir Putin met Chinese Defence Minister Li Shangfu in Moscow on Sunday and hailed military cooperation between the two nations, which have declared a “no limits” partnership.

(Reuters) – Amazon.com’s voice assistant Alexa was down for thousands of users in the United States on Sunday, according to outage-tracking website Downdetector.com.

By Katharine Jackson WASHINGTON (Reuters) – A fundraising group supporting Florida Governor Ron DeSantis’s potential run for U.S. president on Sunday launched its first attacks of leading main rival, Donald Trump, questioning the former president’s allegiance to his fellow Republicans.

ABU DHABI (Reuters) – Brazilian President Luiz Inacio Lula da Silva on Sunday again proposed establishing a group of countries not involved with the Russia-Ukraine war to broker peace, saying he had discussed the matter with Chinese counterpart Xi Jinping earlier this week.

NAIROBI (Reuters) – Kenya’s President William Ruto asked the opposition on Sunday to give talks with the government a chance while his main opponent urged his followers to protest again over electoral reforms and the high cost of living.

PRAGUE (Reuters) – Thousands of Czechs demonstrated in Prague’s central square on Sunday, calling on the government to quit as they protested over high inflation and energy prices.

By Humeyra Pamuk and Sakura Murakami KARUIZAWA, Japan (Reuters) – Foreign ministers from the Group of Seven nations will likely discuss their “common and concerted” approach to China when they meet from Sunday, reflecting shared concern about Beijing’s actions, a senior U.S. State Department official said.

OUAGADOUGOU (Reuters) – Unidentified assailants killed 40 people and wounded 33 others in an attack on the army and volunteer defence forces in northern Burkina Faso on Saturday, the government said in a statement on Sunday.

By Philip Pullella VATICAN CITY (Reuters) – Pope Francis on Sunday rejected as offensive and unfounded what he called insinuations by the brother of a Vatican schoolgirl who went missing 40 years ago about his predecessor as pontiff, Saint John Paul II.

SHANGHAI (Reuters) – China’s electric vehicle (EV) maker Xpeng unveiled on Sunday a new platform it developed in-house for making vehicles, which it said will reduce the development and manufacturing costs for its company’s upcoming models.

LAGOS (Reuters) – Nigeria’s electoral commission on Sunday halted announcement of results in Adamawa’s state governor election and said the declaration of Aisha Dahiru as the country’s first elected female state governor was null and void.

TOKYO (Reuters) -Japan’s Panasonic Holdings, a battery supplier to electric vehicle maker Tesla Inc, said on Sunday that it is considering building a battery plant in Oklahoma, its third in the United States.

(Reuters) -Spain’s Prime Minister Pedro Sanchez apologised in an interview published on Sunday to victims of sexual abuse over a sexual violence law that included a loophole enabling at least 978 imprisoned offenders to get their sentences reduced or ended early.