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- BusinessReuters
Rupee unlikely to benefit from softer US payrolls, upbeat risk
The Indian rupee is likely to open largely unchanged on Monday, despite a drop in U.S. Treasury yields and the dollar after the monthly U.S. jobs report made it more likely that the Federal Reserve will cut interest rates later in the year. Non-deliverable forwards indicate the rupee will open flat from 83.4150 in the previous session. The 10-year U.S. Treasury yield dropped to the lowest in three weeks on Friday after the world's largest economy added fewer jobs than expected.
2-min read - NewsAFP News
Ex-minister Jose Raul Mulino wins Panama presidential race
Jose Raul Mulino, the protege of a graft-convicted former head of state, was declared Panama's president-elect after elections Sunday. Panama's presidency has a one-term limit.
3-min read - NewsAFP News
Panama's president-elect Mulino, from the farm to the hot seat
Jose Raul Mulino left his farm and horses behind with his sights set on becoming Panama's vice president under his former boss, ex-head of state Ricardo Martinelli.- Closing the Darien Gap - Mulino replaced his erstwhile boss as the candidate of the right-wing Realizing Goals party using the slogan: "Mulino is Martinelli."
3-min read - BusinessReuters
Indian rupee to track Asian peers; bonds eye moves in US yields, foreign flows
The Indian rupee is likely to take cues from its Asian peers, while government bonds will eye movement in Treasury yields after U.S. economic data raised investor expectations that the Federal Reserve would cut policy rates twice this year. It logged a slight weekly loss compared to most Asian currencies, which rose week-on-week. The dollar slipped to a near one-month low, while the U.S. bond yields dipped after the data as investors raised bets that the Fed would cut rates twice this year, wi
3-min read - NewsAFP News
Far right seen making gains in EU elections
Surveys predict Europe's far right will surge in EU elections next month, giving it more influence in Brussels politics even if mainstream players will still have greater weight.The political balance resulting from the EU elections will help determine who gets the bloc's top jobs, heading the European Commission, the European Council and the European Parliament. alm/rmb/bc/tym
4-min read - NewsAFP News
Floor by floor search for flood victims in Brazil's Porto Alegre
From top to bottom, rescuers scour buildings in Porto Alegre for inhabitants stuck in apartments or on rooftops as unprecedented flooding turned the streets of the Brazilian metropolis into rivers. According to the mayor's office, the level of the Guaiba River that runs past Porto Alegre reached 5.3 meters (about 17.4 feet) on Sunday -- higher than the previous record of 4.76 meters recorded during historic floods in 1941.
2-min read - NewsAFP News
Exiled Russian historian rallies fellow emigrants in dark times
Russian dissident historian Tamara Eidelman was on vacation in Greece when Moscow's tanks rolled into Ukraine in February 2022 and she realized that she would not be going back to her home country.During her lecture in an auditorium of several hundred Russian speakers titled "The Judgment of History," Eidelman examined the painful questions of countries' and societies' culpability and responsibility for crimes from ancient Greece to Nazi Germany -- with the clear undertone of Russia's war in Ukr
4-min read
