U.N. human rights chief urges clamp-down on people smugglers after shipwreck

GENEVA (Reuters) – The United Nations High Commissioner for Human Rights called on Friday for countries to clamp down on people smugglers and human traffickers after at least 78 migrants were killed in a shipwreck off the coast of Greece. Witness accounts suggested between 400 and 750 people had packed a fishing boat that capsized …

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Tunisia tourist revival a rare bright spot for crisis-hit economy

By Tarek Amara TUNIS (Reuters) – Tunisia is set for a strong tourist season with visitor numbers nearing pre-pandemic levels, a government official told Reuters, bringing some badly needed foreign currency into an economy mired in crisis as bankruptcy threatens state finances. Tourism typically accounted for around 7% of Tunisia’s gross domestic product but visitor …

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Analysis-Baba Go-fast? Nigeria’s Tinubu stuns wary investors with quick reforms

By Rachel Savage and Libby George JOHANNESBURG/LONDON (Reuters) -Nigeria’s new president, in office for less than a month, is pushing to put Africa’s largest economy on a reform track that investors have eyed for decades, fuelling excitement that money could flow to a nation that many had deemed uninvestible. President Bola Tinubu’s bold actions, including …

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Volkswagen: battery unit PowerCo will be ‘investor-ready’ early next year

BERLIN (Reuters) – Volkswagen’s battery unit PowerCo will be ready for investors at the beginning of next year, battery chief Thomas Schmall said at a roundtable in Berlin on Friday. Schmall’s statement followed comments made last month by Chief Financial Officer Arno Antlitz that onlookers “shouldn’t be surprised if in 2024 there might be a …

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Russia says it inflicted heavy losses on Ukrainian forces trying to push forward

MOSCOW (Reuters) – Russia’s Defence Ministry said on Friday its forces had repelled numerous attempted counterattacks by the Ukrainian army at different frontline locations in the last 24 hours, inflicting heavy losses on Kyiv’s forces. Ukraine says its forces have recaptured at least seven villages and 100 square km (38 square miles) in the early …

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