By Nqobile Dludla JOHANNESBURG (Reuters) – In 2011, U.S. retail giant Walmart Inc made a bet on Africa, buying a majority stake in South African retailer Massmart in what many investors saw as a step toward dominating the continent’s vast untapped market. It didn’t go according to plan. More than a decade later, Massmart’s balance …
Walmart doubles down on Africa despite a decade of frustration Read More »
By Yew Lun Tian BEIJING (Reuters) – Chinese President Xi Jinping is poised to win a third five-year term as General Secretary of the ruling Communist Party, the most powerful job in the country, at the 20th Party Congress that wraps up this weekend. The conclave of roughly 2,300 party representatives held every five years …
By Ricardo Brito and Anthony Boadle BRASILIA (Reuters) – Brazil’s national electoral authority is announcing moves to crack down harder on online disinformation in a fierce presidential campaign between far-right incumbent Jair Bolsonaro and leftist challenger Luiz Inacio Lula da Silva. The Superior Electoral Court (TSE) said the measures are intended to curb the “distribution …
Brazil electoral court cracks down on disinformation ahead of Lula-Bolsonaro runoff Read More »
(Reuters) -Two days before a fire ripped through a section of Iran’s Evin prison and killed at least eight people, a riot police unit arrived at the compound and began to patrol the corridors, shouting “God is Greatest” and banging batons on cell doors, six sources told Reuters. The patrols at the Tehran jail began …
Exclusive-Deadly Iran jail fire erupted as police clashed with inmates, sources say Read More »
SAO PAULO (Reuters) – Brazil’s presidential race has narrowed to a 4-percentage-point gap between leftist front-runner Luiz Inacio Lula da Silva and far-right incumbent President Jair Bolsonaro, and they are now statistically tied, according to a poll published on Wednesday. Datafolha said Lula now has 49% of voter support against 45% for Bolsonaro less than …
Brazil presidential race statistically tied between Lula and Bolsonaro -poll Read More »
By Julia Symmes Cobb BOGOTA (Reuters) – United States senators said on Wednesday they are skeptical of a potential easing of sanctions on Venezuela, amid meetings in Washington between the Biden administration and Venezuelan opposition leaders. Chevron has asked the U.S. Treasury Department to relax sanctions, allowing the company to take operational control and have …
U.S. lawmakers skeptical of potential easing of Venezuela sanctions Read More »
By Luc Cohen and Daphne Psaledakis NEW YORK/WASHINGTON (Reuters) -U.S. prosecutors on Wednesday charged five Russian nationals for sanctions evasion and other charges for shipping military technologies bought from U.S. manufacturers to Russian buyers, some of which ended up on the battlefield in Ukraine. Federal prosecutors in Brooklyn said the electronic components purchased by Russian …
U.S. charges Russians for shipping military equipment, Venezuelan oil Read More »
By Daphne Psaledakis and Humeyra Pamuk WASHINGTON (Reuters) – A senior U.S. Treasury Department official traveled to Turkey this week to discuss sanctions and export controls imposed on Russia following its invasion of Ukraine, the Treasury Department said, as Washington closely monitors growing economic ties between Ankara and Moscow. Assistant Secretary for Terrorist Financing and …
Senior U.S. Treasury official traveled to Turkey to discuss sanctions on Russia Read More »
MEXICO CITY (Reuters) – The U.S. Treasury Department on Wednesday sanctioned individuals linked to Mexico’s powerful Sinaloa drug cartel, days after bilateral security talks aimed at cracking down on trafficking of fentanyl and other contraband. The Treasury said Juan Francisco Valenzuela and his family-run drug organization are accused of transporting “multi-ton quantities of illicit drugs” …
U.S. sanctions logistics allies of Mexico’s Sinaloa Cartel Read More »
CARACAS (Reuters) – Venezuela’s top court has ruled to give the U.S. government 60 days to request the extradition of fugitive Malaysian businessman Leonard Glenn Francis, also known by his alias “Fat Leonard,” who is implicated in a U.S. Navy bribery case. The supreme court ruling was issued last week but only made public on …
Venezuela gives U.S. two months to request ‘Fat Leonard’ extradition Read More »
