Reuters

NAIROBI (Reuters) - The United Kingdom Maritime Trade Operations (UKMTO) agency said on Thursday that it had received a report of a merchant vessel being boarded 420 nautical miles southeast of Merca, Somalia.

UKMTO said in a statement that an unknown number of unauthorised people from two small craft were reported to have boarded the vessel.

Between 2008 and 2018, Somali pirates caused havoc in the waters off the country's long... (continue reading...)

GENEVA (Reuters) - A United Nations expert called on Israel on Thursday to investigate multiple allegations of cruel, inhuman and degrading treatment of Palestinian detainees in the wake of the Oct. 7 attack by Hamas.

The U.N. Special Rapporteur on Torture, Alice Jill Edwards, said in a statement that she had received allegations of people being beaten, kept in cells blindfolded and handcuffed for long periods.

There was no immediate... (continue reading...)

WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor market that should continue to support the economy.

Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 215,000 for the week ended May 18, the Labor Department said on Thursday. Economists polled by Reuters had forecast 220,000 claims in the latest week.

By Karin Strohecker

LONDON (Reuters) - International investors are ramping up exposure to Turkey, focusing on local bonds and Credit Default Swaps (CDS) as monetary policy normalisation is becoming more deep rooted, investors and analysts said.

Almost a year ago, President Tayyip Erdogan - then fresh from securing an election victory - endorsed big interest rate hikes sought by markets to tackle runaway inflation, marking a shift from... (continue reading...)

MOSCOW (Reuters) -Russia will identify U.S. property, including securities, that could be used as compensation for losses sustained as a result of any seizure of frozen Russian assets in the United States, according to a decree signed by President Vladimir Putin on Thursday.

G7 negotiators have been discussing for weeks how to best exploit some $300 billion worth of Russian financial assets, such as major currencies and government bonds, which were frozen... (continue reading...)