Author: REUTERS

Reuters is a British news agency founded in 1851, but owned by Thomson Reuters Corporation, a Canadian conglomerate. As a news agency, Reuters covers a diversity of topics from around the world.

United States and Canada deployed fighter jets as Russian and Chinese nuclear-capable bombers patrolled near Alaska in the North Pacific and Arctic. Russian Tu-95MS “Bear” and Chinese Xi’an H-6 bombers conducted joint patrols over the Chukchi and Bering seas and the North Pacific without violating foreign airspace. While the Russian Defense Ministry highlighted the cooperation between the two countries during the patrols, the U.S. military’s NORAD intercepted the aircraft in the Alaska Air Defense Identification Zone. NORAD assured that the patrols were not a threat and were closely monitored. Chinese Defence Ministry’s spokesperson emphasized that the activity was part of…

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Indian government officials have revealed a new strategy to manage cash positions by adjusting Treasury bill sales instead of altering bond auction schedules. This approach allows for greater flexibility and minimizes market disruptions, according to Finance Secretary T V Somanathan. Following the recent federal budget announcement, the government plans to reduce bond borrowings by 120 billion rupees while cutting Treasury bill issuances. As a result, an estimated 500 billion rupees will flow into the banking system. This move aims to stabilize market conditions and avoid volatility. With expectations of stable bond yields in the near future, investors anticipate a steepening…

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By REUTERS In a tragic turn of events, the death toll from two landslides in southern Ethiopia has now reached 229, with the potential for further increase as rescue operations continue. The landslides, triggered by heavy rain, struck the Gofa zone in the Southern Ethiopia regional state, claiming the lives of both victims and rescuers who rushed to help.Local officials are still grappling with the aftermath, with bodies being uncovered by volunteers using shovels and bare hands. The scale of the disaster prompted Prime Minister Abiy Ahmed to deploy federal resources to support the affected community.As the world mourns the…

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Israeli Prime Minister Benjamin Netanyahu Assures US Lawmakers of Efforts to Release Hostages Held by Hamas During his address to the US Congress, Israeli Prime Minister Benjamin Netanyahu expressed confidence in the ongoing efforts to secure the release of hostages held by Hamas militants in Gaza. Despite facing a boycott from some Democrats concerned about the humanitarian crisis in Israel’s conflict with Hamas, Netanyahu remained steadfast in his commitment to the negotiations. The Prime Minister’s remarks come amidst escalating tensions in the region, with a growing civilian death toll and humanitarian concerns exacerbating the situation. Netanyahu’s assurance of actively seeking…

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New Zealand Prime Minister Christopher Luxon issued a public apology and pledged to implement reforms following a report revealing that around 200,000 children, young people, and vulnerable adults were subjected to abuse in state and religious care over the past 70 years. Nearly one-third of individuals in care experienced some form of abuse during this period, potentially leading to significant compensation claims against the government. Luxon acknowledged the country’s failure and vowed to do better, with an official apology scheduled for November 12. The report detailed various abuses, including rape, sterilization, and electric shocks primarily in the 1970s, with Indigenous…

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India’s Business Activity Accelerates at Fastest Pace in Three Months, Driving Job Creation and Optimism In July, India’s business activity saw a significant uptick, especially in the services sector, leading to the fastest pace of growth in three months. A survey by HSBC revealed that companies hired at the quickest rate in over 18 years, showcasing a robust expansion in the private sector. The flash India composite purchasing managers’ index rose to 61.4, indicating three years of continuous growth. The services industry played a significant role in this expansion, with the PMI reaching a four-month high. Manufacturing also showed strong…

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By REUTERS Scars from the mpox pustules are still visible on seven-year-old Grace Kabuo’s face, as well as on a handful of her playmates at a camp for displaced people near Goma, in the Democratic Republic of Congo. Her mother Denise Kahindo says she is still unsure how her daughter was infected earlier this month.For disease experts, Grace’s case embodies a new concern about a new and more transmissible variant of mpox in Congo. Local doctors have treated 130 suspected cases, mostly in children, highlighting the severity of the outbreak due to increased transmission between individuals.The spread of the new variant, Clade…

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By REUTERS A Ugandan magistrate’s court has charged 42 youths for offences allegedly committed during a banned anti-corruption protest in Kampala on Tuesday, with protesters chanting against corruption by lawmakers. The suspects, represented by the Uganda Law Society, faced charges such as “idle and disorderly” and “common nuisance” and pleaded not guilty. Human Rights Watch criticized the arrests, citing President Museveni’s government’s lack of respect for protest rights. Advertisement Opposition leaders in Uganda have long accused Museveni of failing to prosecute corrupt officials. The government deployed heavy military and police presence to deter the protest. HRW emphasized the importance of…

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India’s business activity surged in July, with the services sector driving growth to a three-month high. The latest data revealed a robust private sector, supported by incentives from the government’s budget. HSBC’s PMI index reached 61.4, showing sustained expansion for three years. Chief India economist Pranjul Bhandari highlighted the strong performance in both manufacturing and services, with job creation at its highest since 2006. Despite rising input costs, firms managed to raise prices, maintaining business confidence. The report also noted potential challenges ahead, such as inflation concerns that could impact the Reserve Bank of India’s rate decisions. However, the overall…

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The Royal Commission of Inquiry in New Zealand has revealed a heartbreaking report detailing the abuse suffered by over 2,300 survivors in state and faith-based care settings. The abuse, which included horrific acts such as rape, sterilisation, and electric shocks, was especially prevalent in the 1970s and disproportionately affected vulnerable groups like the Maori community and individuals with disabilities. Cover-ups by civil and faith leaders further compounded the issue, with many victims never receiving justice before their passing. The report has described the situation as a “national disgrace” and has made 138 recommendations for change, including public apologies from government…

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