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Mexico’s Sheinbaum says country will not renew diplomatic relations with Ecuador

16 Apr 2025

MEXICO CITY (Reuters) – Mexican President Claudia Sheinbaum said Wednesday that Mexico would not renew diplomatic relations with Ecuador as long as Ecuadorean President Daniel Noboa remains in office. The rift is a result of Ecuador’s raid on the Mexican embassy in Quito in April of 2024, after which Mexico recalled its diplomats from the …

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EU issues list of ‘safe countries’ for migrant returns that includes Egypt, Tunisia

16 Apr 2025

By Amina Ismail (Reuters) – The European Commission on Wednesday included countries such as Egypt and Tunisia, where human rights have come under scrutiny, on a list of “safe countries” to which failed asylum seekers could be returned. The EU list, criticised by human rights groups, would allow “member states to process asylum claims of …

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Analysis-Pharma companies expected to absorb any tariff hit in short term

16 Apr 2025

By Deena Beasley (Reuters) -U.S. tariffs on pharmaceuticals could eventually mean higher prices for brand-name medicines, but in the near term the costs would likely be absorbed by drugmakers rather than patients whose payments are often set by health insurance. U.S. health insurers, which pay the bulk of prescription drug costs, act as a buffer …

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Mexico president sends diplomatic memo to US on border security collaboration

16 Apr 2025

MEXICO CITY (Reuters) – Mexican President Claudia Sheinbaum said on Wednesday that she had sent a diplomatic memo to the United States about security collaboration at the two countries’ shared border. A day earlier, the U.S. government announced an emergency transfer of nearly 110,000 acres of federal land along the U.S.-Mexico border to the Army …

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AMD flags $800 million hit from new US curbs on chip exports to China

16 Apr 2025

(Reuters) – Advanced Micro Devices expects charges of up to $800 million due to the latest curbs by the Trump administration on exports of advanced processors to China, the company said on Wednesday. Larger rival Nvidia said on Tuesday it would take $5.5 billion in charges as the export restrictions further shackle chipmakers’ ability to …

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China wants partnership with EU to counter US ‘abuse’, says envoy to Spain

16 Apr 2025

By David Latona MADRID (Reuters) – China wants to deal with the European Union as a partner instead of a rival, its ambassador to Spain said, amid shifting geopolitics and Washington’s new trade policy which he described as unilateral economic abuse. Yao Jing told Reuters the EU’s 2019 strategy that defined China as its “partner …

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Carney’s tough talk, bland competence boost Liberals ahead of Canadian election

16 Apr 2025

By Anna Mehler Paperny, David Ljunggren and Wa Lone HAMILTON, Canada, (Reuters) – For someone trying to win an election, Mark Carney appeared taken aback by the crowd of about 300 chanting his name at a meet-and-greet in this steel town menaced by tariffs. But the Liberal leader and two-time central banker soon warmed to …

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