China’s economy loses momentum as COVID curbs hit factories, consumers

China’s industrial output grows more slowly than expected Retail sales fell for the first time since May Property investment sees the biggest drop since early 2020 Gloomy economic outlook on softening external demand BEIJING, Nov 15 (Reuters) – China’s economy suffered a broad slowdown in October as factory output grew more slowly than expected and … Read more

How a maverick Brazilian lawmaker helped Lula beat Bolsonaro’s propaganda machine

RIO DE JANEIRO, Nov 10 (Reuters) – To bring down far-right Brazilian President Jair Bolsonaro, Andre Janones had to fight fire with fire. The little-known 38-year-old lawmaker was running a longshot presidential campaign until he joined forces in August with President-elect Luiz Inacio Lula da Silva, adding bite to the leftist’s campaign with his raw, … Read more

For China’s women, this week’s Congress is unlikely to mean progress

HONG KONG, Oct 18 (Reuters) – As Xi Jinping consolidates power at China’s 20th Communist Party Congress this week, Chinese women are not holding their breath for progress in gender equality. Xi’s decade as the party’s general secretary has seen the number of women in politics and elite government roles decline and gender gaps in … Read more

Explainer: Why Venezuela’s refugee exodus to the US has been accelerating

Oct 18 (Reuters) – US and Mexican authorities recently announced a new policy that would expel Venezuelans entering the US land border back to Mexico, but allow up to 24,000 people from the country to apply for humanitarian entry into the United States by air. As a result of the new policy, thousands of Venezuelans … Read more

UK finance minister Hunt vows to win back financial market trust

PM Truss remains under intense political pressure Government must account for every penny, says new finmin Promises to make “difficult decisions” on spending, taxes LONDON, Oct 16 (Reuters) – New finance minister Jeremy Hunt promised to win back Britain’s economic credibility by fully accounting for the government’s tax and spending plans, while insisting his boss … Read more

UK’s Truss expected to fire Kwarteng – Times

Kwarteng leaves the IMF meeting early Pressure mounts for a U-turn over tax policy Pound, bond prices recovering PM Truss now faces a political fight LONDON, Oct 14 (Reuters) – British Prime Minister Liz Truss will fire her finance minister Kwasi Kwarteng and scrap parts of her economic package, the Times newspaper reported on Friday, … Read more

Iran protests over woman’s death persist despite crackdown

Protesters are calling for an end to clerical rule Social media show tanks being moved to Kurdish regions Iran blames Iranian Kurdish dissidents for some unrest Protests spread to vital energy sector DUBAI, Oct 11 (Reuters) – Clashes between protesters and security forces persisted across Iran on Tuesday, with social media videos showing tanks being … Read more

Japan reopens to tourists with shuttered souvenir shops, hotel staff shortage

TOKYO, Oct 10 (Reuters) – As Japan opens its doors to visitors this week after more than two years of pandemic isolation, hopes for a tourism boom face tough headwinds amid shuttered shops and a shortage of hospitality workers. From Tuesday, Japan will reinstate visa-free travel to dozens of countries, ending some of the world’s … Read more

Traffic, water shortages, now floods: the slow death of India’s tech hub?

Much of Bengaluru submerged in recent flooding Residents forced to wade through waist-deep water Disruptions raise questions about the city’s future as a tech hub Authorities vow to act, but extreme weather may complicate plans BENGALURU, Sept 15 (Reuters) – Harish Pullanoor spent his weekends in the late 1980s tramping around the marshes and ponds … Read more