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Economic pitfalls risk cooling Egypt’s hot money inflows

CAIRO/LONDON/DUBAI (Reuters) – The threat of conflict in Libya, water security worries and a flatlining tourist sector risk upending a nascent rally in Egyptian bonds, bankers and economists say. The North African country has attracted a wave of foreign invest... More »

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Oil dips on surge in COVID-19 infections

LONDON (Reuters) – Oil prices fell on Monday on a record daily rise in global coronavirus cases, with big spikes in infections over the weekend in the United States, while traders await an OPEC meeting expected to recommend an easing of supply cuts. Brent crud... More »

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UK says Reading knife attacker was acting alone

READING, England (Reuters) – The man who went on a stabbing spree in the British town of Reading was acting alone, interior minister Priti Patel said on Monday. “This is a tragic, tragic event,” Patel said. She did not comment on whether the arrested man was L... More »

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Apple expands services business to markets in Africa and beyond

(Reuters) – Apple Inc (AAPL.O) on Tuesday said it would expand its App Store, Apple Music and other services to dozens of new markets in Africa, the Middle East and beyond in the biggest geographical expansion of its services in almost a decade. Apple said it ... More »

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Trump says he will enter Saudi-Russia oil fray at appropriate time

WASHINGTON (Reuters) – U.S. President Donald Trump on Thursday said he would get involved in the oil price war between Saudi Arabia and Russia at the appropriate time, saying low gasoline prices were good for U.S. consumers even as they were hurting the indust... More »

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Switzerland files criminal complaint over Crypto spying scandal

VIENNA (Reuters) – The Swiss government has filed a criminal complaint over the U.S. Central Intelligence Agency’s alleged use of a cryptography company as a front to spy on various governments’ secret communications, the Swiss attorney general’s office said o... More »

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In break with past, Rome lets charity ship head to Italian port

ROME (Reuters) – Italy’s new government allowed a French charity ship to bring ashore 82 migrants on Saturday in an apparent reversal of the uncompromising, closed-door policy of the previous administration. However, Foreign Minister Luigi Di Maio, who heads t... More »

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Germany will do its part to avoid proxy war in Libya, says Merkel

BERLIN (Reuters) – Germany will do its part to avoid a proxy war in Libya, Chancellor Angela Merkel said on Wednesday, warning that the situation in the north African country risked destabilizing the whole of Africa. “In Libya, a situation is developing that c... More »

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Hollywood star Gere visits stranded migrants on Open Arms ship

MADRID (Reuters) – American actor Richard Gere on Friday visited 121 migrants stranded for the past week on a rescue ship in the Mediterranean, as the European Union’s executive urged member countries to show solidarity in finding a solution. Arriving on a boa... More »

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As war rages, Tripoli art gallery opens in rundown old city

TRIPOLI (Reuters) – As a new war reached the Libyan capital, businessman Mustafa Iskandar opened an art gallery and cultural center, hoping to draw attention to a long-neglected old city in need of revival. One of the best preserved in North Africa with monume... More »

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Saudi Arabia to cut crude oil exports in April: Saudi official

DUBAI (Reuters) – Saudi Arabia plans to cut its crude oil exports in April to below 7 million barrels per day (bpd), while keeping its output “well below” 10 million bpd, a Saudi official said on Monday, as the kingdom seeks to drain a supply glut and support ... More »

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Libya’s ancient ruins blighted by theft, shunned by tourists

CYRENE, Libya (Reuters) – Graffiti covers the walls of a Greek amphitheatre in Cyrene, an ancient ruined city in eastern Libya now struggling with neglect, vandals and illegal confiscation of land by locals. The deserted souvenir shops and cafes on the mountai... More »

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Libya arrests suspected al Qaeda leader, source says

TRIPOLI. (Reuters) – Libyan authorities have arrested a suspected al Qaeda leader who fled from the eastern city of Derna, once a jihadist bastion, a source in the attorney general’s office said on Friday. Abdel Qader Azuz was arrested in the western city of M... More »

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Italy stops ship with migrants, turns up pressure on EU allies

ROME (Reuters) – Italy has refused to allow a commercial vessel flying an Italian flag to bring ashore rescued migrants, sticking to a hardline policy on new arrivals as it presses European allies to share the burden of hosting an influx of displaced people. A... More »

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Migrants rescued by Danish cargo ship land in Sicily

ROME (Reuters) – More than 100 rescued migrants from private cargo ship Alexander Maersk, picked up off the coast of southern Italy on Friday, arrived in the southern port of Pozzallo in Sicily on Tuesday. The new Italian government has closed its ports to shi... More »

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Banksy paints Paris with murals about immigration

PARIS (Reuters) – Banksy has painted walls in Paris with murals on the theme of migration – a political act by the “hit-and-run” graffiti artist as governments row over how to treat people fleeing to Europe. The works are believed to have started to appear as ... More »

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Greek gunboat on patrol nudged by Turkish cargo vessel: Navy

ATHENS (Reuters) – A Greek gunboat was nudged by a Turkish cargo vessel early on Friday while on patrol for unauthorized migrant crossings in the Aegean Sea, the Greek navy said. The gunboat “Armatolos” was on patrol off the island of Lesbos as part of a NATO ... More »

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Trump’s travel ban faces U.S. Supreme Court showdown

WASHINGTON (Reuters) – The first big showdown at the U.S. Supreme Court over President Donald Trump’s immigration policies is set for Wednesday when the justices hear a challenge to the lawfulness of his travel ban targeting people from several Muslim-majority... More »

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Russia’s Lavrov: God forbid any Libya style adventure in Syria

MOSCOW (Reuters) – Russian Foreign Minister Sergei Lavrov said on Friday he hoped that there would be no repeat of the experience of Libya and Iraq in the Syria conflict. “God forbid anything adventurous will be done in Syria following the Libyan and Iraqi exp... More »

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Ali Shamekh resigns from CEO post at Libyan sovereign fund

LONDON (Reuters) – Ali Shamekh has resigned from his position as chief executive of Libya’s contested sovereign wealth fund, saying divisions within Libya had made it impossible for him to implement a viable program, according to a statement. The $66 billion L... More »

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U.S. court says Trump travel ban unlawfully discriminates against…

FILE PHOTO: Protesters gather outside the Trump Building at 40 Wall St. to take action against America’s refugee ban in New York City, U.S., March 28, 2017. REUTERS/Lucas Jackson/File Photo WASHINGTON (Reuters) – President Donald Trump’s travel ban targeting p... More »

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Deadly armed group clashes shut airport in Libyan capital

TRIPOLI (Reuters) – Heavy clashes broke out in the Libyan capital Tripoli on Monday, leaving at least nine people dead and forcing the airport to suspend all flights. Heavy gunfire and artillery could be heard from the city center and Mitiga airport said all f... More »

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Federal judge partially lifts Trump’s latest refugee restrictions

International passengers arrive at Washington Dulles International Airport after the U.S. Supreme Court granted parts of the Trump administration’s emergency request to put its travel ban into effect later in the week pending further judicial review, in Dulles... More »

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Oil prices rise after OPEC extends output curbs

A oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017 . REUTERS/Christian Hartmann LONDON (Reuters) – Oil prices rose on Friday, following an agreement by OPEC and other major producers to extend output curbs until the end... More »

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Oil holds gains as producers say market rebalancing

Oil prices came under pressure from a strong dollar, but kept most of their gains from the previous session as major producers meeting in Vienna said the market was well on its way towards rebalancing. More »

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Supreme Court has option to duck travel ban ruling

The Trump administration's announcement on Sunday that it is issuing new travel restrictions on people entering the United States from eight countries could lead to an upcoming Supreme Court case on its previous more controversial ban ending in a whimper rathe... More »

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U.S. appeals court rejects Trump`s bid to bar most refugees

A U.S. appeals court on Thursday rejected the Trump administration's effort to temporarily bar most refugees from entering the country, ruling that those who have relationships with a resettlement agency should be exempt from an executive order banning refugee... More »

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U.S. appeals court questions scope of Trump travel ban

A U.S. appeals court on Monday sharply questioned a lawyer defending President Donald Trump's effort to broadly enforce a temporary refugee ban that the Republican president said was necessary for national security. More »

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France holds migrant summit seeking European unity

Getting Europe's migrant crisis under control will be the main focus of a summit of Europe's 'big four' continental powers hosted on Monday by French President Emmanuel Macron, who has invited three African nations to the talks in Paris. More »

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Oil edges up towards $49, U.S. drilling slowdown supports

FILE PHOTO: A man pumps petrol for his car at a petrol station in Hanoi, Vietnam December 20, 2016. Oil edged up to around $49 a barrel on Monday as a slowdown in the increase of rigs drilling in the United States eased concern that surging shale supplies will... More »

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Oil rises above $48 as API reports drop in U.S. fuel stocks

FILE PHOTO: An employee pumps petrol into a car at a petrol station in Hanoi, Vietnam December 20, 2016. Oil rose above $48 a barrel on Wednesday in response to a fall in U.S. fuel inventories and a cut in the U.S. government’s forecast for crude output next y... More »

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Brent crude stabilizes near $50 a barrel

An oil well pump jack is seen at an oil field supply yard near Denver, Colorado, U.S., February 2, 2015. REUTERS/Rick Wilking/File Photo Oil prices flirted with both positive and negative territory on Tuesday, hovering around $50 a barrel on tentative signs th... More »

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Trump administration defends interpretation of travel ban ruling

U.S. President Donald Trump waves as he boards Air force One at Morristown municipal airport, New Jersey, U.S., en route back to Washington after a weekend at the Trump National Golf Club in Bedminster, July 3, 2017. REUTERS/Yuri Gripas The administration of U... More »

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Oil prices edge up on first drop in U.S. drilling in months

FILE PHOTO: A wellhead is seen at an Occidental Petroleum Corp carbon dioxide enhanced oil recovery project in Hobbs, New Mexico, U.S. on May 3, 2017. REUTERS/Ernest Scheyder Oil prices edged up on Monday, supported by the first fall in U.S. drilling activity ... More »

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Supreme Court gives Trump more time to file travel ban briefs

U.S. Supreme Court is seen in Washington, U.S., October 3, 2016. REUTERS/Yuri Gripas/File Photo The U.S. Supreme Court on Tuesday allowed the Trump administration more time to file papers responding to an appeals court ruling that upheld a block on a proposed ... More »

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Warplanes hit Libya`s Derna again: witness

Warplanes carried out three air strikes on the Libyan city of Derna on Monday, a witness said, days after Egypt launched strikes on militant camps there against those it said were responsible for killing Egyptian Christians. More »

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U.S. might ban laptops on all flights into and out of the country

FILE PHOTO – A TSA worker loads suitcases at the checked luggage security screening station at Los Angeles International Airport in Los Angeles, California, U.S. on September 7, 2011. REUTERS/Jonathan Alcorn/File Photo The United States might ban laptops from ... More »

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Trump travel ban fight heads toward Supreme Court showdown

A picture of the travel advisory page of Qatar Airways advising passengers bound for the United States from seven newly banned majority Muslim countries that they need to have either a U.S. green card or diplomatic visa, January 28, 2017 in London, Britain. Pi... More »

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Profiles of victims of Manchester Arena bomb

An undated photo from the Facebook account of Olivia Campbell, identified in media reports as one of the victims of the blast at the Ariana Grande concert in Manchester May 22, 2017. Olivia Campbell via Facebook/Handout via REUTERS The following are short prof... More »

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UK police hunt Manchester bomber`s network, angered by U.S. leaks

Messages and floral tributes left for the victims of the attack on Manchester Arena lie around the statue in St Ann’s Square in central Manchester, May 24, 2017. REUTERS/Jon Super Police scrambled to close down a network around the Manchester suicide bomber wi... More »

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OPEC extends oil output cut by nine months to fight glut

OPEC President, Saudi Arabia’s Energy Minister Khalid al-Falih, and OPEC Secretary General Mohammad Barkindo talk to journalists before the beginning of a meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria, May 25, 2017.... More »

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Oil up on falling U.S. inventories, Saudi cuts to Asia

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo Oil prices rose on Thursday, with global benchmark Brent crude trading comfortably above $50 a barrel after a fall in U.S. ... More »

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White House accuses Russia of Syria chemical attack `cover up`

Secretary of State Rex Tillerson disembarks from a plane upon his arrival at Vnukovo International Airport in Moscow, Russia April 11, 2017. REUTERS/Maxim Shemetov President Donald Trump’s administration accused Russia on Tuesday of trying to shield Syria’s go... More »

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Skittish investors seek safe harbor in yen, gold, bonds

A woman walks past electronic boards showing stock prices outside a brokerage in Tokyo, Japan, January 20, 2017. REUTERS/Kim Kyung-Hoon Investors ducked for cover on Wednesday as a drumbeat of alarming geopolitical news sent the safe-haven yen and gold to five... More »

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Oil prices fall as U.S. rig count stokes oversupply worries

A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo Oil futures dipped on Monday as a higher U.S. rig count indicated rising shale output and stoked worries about global oversupply, while a stronger d... More »

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U.S. GDP revision, higher oil boost stocks

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 30, 2017. REUTERS/Brendan McDermid Equities in world markets edged higher on Thursday, led by gains on Wall Street after an upward revision to U.S. economic growth, whil... More »

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Asia shares retreat from nearly two-year peak, dollar firms

A woman walks past electronic board showing stock prices and Japanese Yen’s exchange rate outside a brokerage at a business district in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon Asian shares turned lower on Thursday after earlier briefly nudging u... More »

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Trump administration hosting first meeting of anti-ISIS coalition

Islamic State signs are seen on a street during a battle between Iraqi forces and Islamic State militants, in Mosul, Iraq March 16, 2017. REUTERS/Thaier Al-Sudani – Foreign ministers from 68 countries meet in Washington on Wednesday to agree on the next steps ... More »

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Oil prices fall on bloated U.S. crude storage

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford Oil prices dipped on Wednesday as rising crude stocks in the United States underscored an ongoing global fuel supply overhang despite ... More »

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Trump vows appeal up to Supreme Court after loss on travel ban

U.S. President Donald Trump delivers remarks at the American Center for Mobility for American Manufactured Vehicles in Ypsilanti Township, Michigan, U.S. March 15, 2017. REUTERS/Jonathan Ernst A defiant President Donald Trump has pledged to appeal to the U.S. ... More »

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Study shows healthcare in Syria now a target of war

FILE PHOTO: People inspect damage in Omar Bin Abdulaziz hospital, in the rebel-held besieged area of Aleppo, Syria November 19, 2016. REUTERS/Abdalrhman Ismail/File Photo The international community must do more to protect healthcare in Syria as medical servic... More »

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More states seek to halt Trump`s new travel ban in court

Demonstrators rally against the Trump administration’s new ban against travelers from six Muslim-majority nations, outside of the White House. REUTERS/Jonathan Ernst Several states said on Thursday they would move forward with legal challenges to a revised exe... More »

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Hawaii issues first challenge to Trump`s new travel ban

FILE PHOTO: Tourists and locals play on Ko’Olina beach on the island of Oahu, Hawaii, July, 29, 2013. REUTERS/Hugh Gentry/File Photo The state of Hawaii requested emergency court intervention on Wednesday to halt a revised executive order from President Donald... More »

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New Trump travel order will aim to short circuit legal challenges

An international traveler arrives after U.S. President Donald Trump’s executive order travel ban at Logan Airport in Boston, Massachusetts, U.S. January 30, 2017. REUTERS/Brian Snyder In formulating a new executive order limiting travel to the United States, P... More »

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Libya`s PM to visit Russia soon: Interfax

Prime Minister of Libya’s unity government Fayez Seraj addresses the United Nations General Assembly in the Manhattan borough of New York, U.S., September 22, 2016. REUTERS/Eduardo Munoz Fayez Seraj, the Libyan Prime Minister of the U.N.-backed government in T... More »

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Germany says unsure of Trump trade stance, but keen for U.S. talks

U.S. President Donald Trump is interviewed by Reuters in the Oval Office at the White House in Washington, U.S., February 23, 2017. REUTERS/Jonathan Ernst Germany does not yet have a full picture of the approach U.S. President Donald Trump’s administration is ... More »

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EU welcomes Pence assurance of Trump`s support

Vice President Mike Pence gestures during a statement after a meeting at the NATO headquarters in Brussels, Belgium, February 20, 2017. REUTERS/Eric Vidal U.S. Vice President Mike Pence assured the European Union in Brussels on Monday that the Trump administra... More »

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Appeals court suspends proceedings over Trump travel ban

Syrian refugee Baraa Haj Khalaf (L) reacts as her mother Fattoum (C) cries and her father Khaled (R) looks on after arriving at O’Hare International Airport in Chicago, Illinois, U.S. February 7, 2017. REUTERS/Kamil Krzaczynski A U.S. appeals court on Thursday... More »

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Seattle judge set to move forward on Trump immigration case

Tareq Aziz (L) and his brother Ammar Aziz (2nd L), Yemeni nationals who were delayed entry into the U.S. because of the recent travel ban, smile as they are reunited with their family at Washington Dulles International Airport. REUTERS/Jonathan Ernst A U.S. fe... More »

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Virginia judge issues new injunction against Trump travel ban

Syrian refugee Baraa Haj Khalaf (L) kisses her father Khaled as her mother Fattoum (R) cries after arriving at O’Hare International Airport in Chicago, Illinois, February 7, 2017. REUTERS/Kamil Krzaczynski A Virginia federal judge on Monday issued a preliminar... More »

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Oil up on U.S. gasoline stocks, but market bloated

FILE PHOTO: An oil pump jack can be seen in Cisco, Texas, August 23, 2015. REUTERS/Mike Stone/File Photo Oil prices rose on Thursday, supported by an unexpected draw in U.S. gasoline inventories, although bloated crude supplies meant that fuel markets remain u... More »

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Trump`s Supreme Court pick dispirited by president`s tweets

FILE PHOTO: Supreme Court Nominee Judge Neil Gorsuch arrives for a meeting with Senate Majority Leader Mitch McConnell (R-KY) and U.S. Vice President Mike Pence on Capitol Hill in Washington, U.S., February 1, 2017. REUTERS/Joshua Roberts/File Photo Donald Tru... More »

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Appeals court presses Trump administration on travel ban

Shanez Tabarsi (L) is greeted by her daughter Negin after traveling to the U.S. from Iran following a federal court’s temporary stay of U.S. President Donald Trump’s executive order travel ban at Logan Airport in Boston, Massachusetts, U.S. February 6, 2017. R... More »