Asking prices for UK homes rise after “mini-budget” shock – Rightmove

By Suban Abdulla LONDON (Reuters) – Asking prices for British homes rose for the first time in two months as the housing market showed signs of calming after the turmoil triggered by former prime minister Liz Truss’s “mini-budget”, property website Rightmove said on Monday. Asking prices for residential properties increased by 0.9%, or 3,301 pounds …

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Analysis-Russian mercenary boss courts Putin with Ukrainian battlefield success

By Andrew Osborn LONDON (Reuters) -In the twilight of the Soviet Union, Yevgeny Prigozhin was languishing in prison for theft. Now as the founder of Russia’s most powerful mercenary group, he is vying for Vladimir Putin’s favour by claiming a rare battlefield win in Ukraine. His aim is to leverage the success that Wagner Group, …

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IMF’s Georgieva confirms Ghana seeking debt treatment under G20 Common Framework

WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva on Sunday confirmed that Ghana has sought debt treatment under the Common Framework platform supported by the Group of 20 major economies. Reuters reported that Ghana requested on Tuesday to restructure its bilateral debt under the Common Framework platform supported by the G20, according to a …

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IMF says fragmentation could cost global economy up to 7% of GDP

WASHINGTON (Reuters) – A severe fragmentation of the global economy after decades of increasing economic integration could reduce global economic output by up to 7%, but the losses could reach 8-12% in some countries, if technology is also decoupled, the International Monetary Fund said in a new staff report. Tne IMF said even limited fragmentation …

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Earthquake of magnitude 6 strikes Northern Sumatra, Indonesia- EMSC

(Reuters) – An earthquake of magnitude 6 struck Northern Sumatra in Indonesia on Monday, the European-Mediterranean Seismological Centre (EMSC) said. The quake was at a depth of 80 km (49.70 miles), EMSC said. (Reporting by Shivani Tanna in Bengaluru; Editing by Daniel Wallis)

Brazil’s BTG Pactual appeals decision protecting billionaire-backed Americanas from creditors

By Tatiana Bautzer SAO PAULO (Reuters) -Brazilian bank Banco BTG Pactual SA has appealed a court injunction that protected billionaire-backed retailer Americanas from creditors on Friday, documents seen by Reuters show. In an appeal filed on Saturday, BTG lawyers argue the court injunction orders illegally the reversal of a payment made by Americanas to BTG. …

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In tribute to rights leader King, Biden invokes ‘battle for the soul of this nation’

By Steve Holland ATLANTA, Ga. (Reuters) -President Joe Biden told Americans to look towards Martin Luther King Jr.’s life for lessons on repairing their divisions, extremism and injustice, as he become the first sitting U.S. president to speak at a Sunday service in the civil rights leader’s church in Atlanta. Marking Monday’s national holiday celebrating …

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