Philippines begins new era of Marcos rule, decades after overthrow

“I will get it done,” Marcos says Marcos praises his father’s controversial rule Promises economic reforms, to heal divisions MANILA, June 30 (Reuters) – The son and namesake of late dictator Ferdinand Marcos was sworn in as president of the Philippines on Thursday, completing a stunning comeback for one of Asia’s most famous political dynasties, … Read more

Top three Aussie miners to shed $ 11 bln in market value as commodity route accelerates

Rio Tinto tracks worst month since Aug 2021 BHP, Fortescue risk worst month since Sept 2021 June 20 (Reuters) – Australia’s big three miners were on track to lose more than A $ 16 billion ($ 11.12 billion) in combined market value on Monday at current levels, as a commodities selloff over easing China demand … Read more

Tesla to charge more for cars in United States as inflation bites

June 16 (Reuters) – Tesla Inc (TSLA.O) again raised prices for all its car models in the United States in response to persistent global supply-chain problems and soaring raw material costs. The electric carmaker increased its Model Y long-range price to $ 65,990 from $ 62,990, its website showed on Thursday, after delaying the deliveries … Read more

Hometown looks to aspiring Colombia VP Marquez to deliver on inequality promises

SUAREZ, Colombia June 16 (Reuters) – Former neighbors and colleagues in Colombia’s largely marginalized Cauca province hope vice presidential candidate Francia Marquez, a single mother and former housekeeper, will help areas plagued by violence and poverty if her ticket wins the election on Sunday. But it is unclear how much freedom Marquez, 40, would have … Read more

Top producer Russia thwarts move to redefine ‘conflict diamonds’

JOHANNESBURG, June 16 (Reuters) – Russia, supported by Belarus, Central African Republic, Kyrgyzstan and Mali, has torpedoed a Western-backed proposal to discuss whether its diamonds are funding was ahead of an international conflict diamond meeting in Botswana, letters seen by Reuters show. The rift in the Kimberley Process (KP), which certifies rough diamond exports, risks … Read more

White nationalists accused of planning riot are bailed out of Idaho jail

June 13 (Reuters) – Thirty-one members of white nationalist group Patriot Front, arrested in Idaho over the weekend on suspicion of plotting to violently disrupt an LGBTQ pride event, were released from jail on bond and will make their initial court appearances in the coming weeks, a court official said on Monday. The men, arrested … Read more

US mulls lifting some China tariffs to fight inflation

WASHINGTON, June 5 (Reuters) – US Commerce Secretary Gina Raimondo said on Sunday that President Joe Biden has asked his team to look at the option of lifting some tariffs on China that were put into place by former President Donald Trump, to combat the current high inflation. “We are looking at it. In fact, … Read more

Russia’s Rusal files suit against Rio Tinto over alumina refinery documents

The logo of Russian aluminum producer Rusal is seen on a board at the St. St. Petersburg International Economic Forum 2017 (SPIEF 2017) in St. Petersburg Petersburg, Russia, June 1, 2017. REUTERS / Sergei Karpukhin / File Photo Register now for FREE unlimited access to Register SYDNEY, June 6 (Reuters) – Russian aluminum producer … Read more

Russia limits exports of noble gases, a key ingredient for making chips

June 2 (Reuters) – Sanctions-hit Russia has limited exports of noble gases such as neon, a key ingredient for making chips, until the end of 2022 to strengthen its market position, its trade ministry said on Thursday. Russia’s export curbs could worsen the supply crunch in the global chips market. Ukraine was one of the … Read more

Russia needs huge financial resources for military operation – finance minister

Tanks of pro-Russian troops drive along a street during Ukraine-Russia conflict in the town of Popasna in the Luhansk Region, Ukraine May 26, 2022. REUTERS / Alexander Ermochenko Register now for FREE unlimited access to Register May 27 (Reuters) – Russia needs huge financial resources for its military operation in Ukraine, Finance Minister Anton … Read more