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Ethiopia's Amhara militia says resettlement plan 'beats war drum' May 3, 2024 02:51AM

NAIROBI (Reuters) - Leaders of a militia in Ethiopia's Amhara region accused the administration in neighbouring Tigray of "beating a war drum" over plans to return hundreds of thousands of Tigrayans to territories Amhara fighters captured during a civil war.

The future of the disputed territories in northern Ethiopia has remained a flashpoint between Tigray and Amhara since the end of a 2020-2022 civil war, in which Amhara militiamen fought alongside... (continue reading...)


Hungary to tweak price formula imposed on fuel traders, PM Orban says May 3, 2024 02:46AM

BUDAPEST (Reuters) - Hungary's government has decided to tweak a formula imposed on fuel traders to curb prices, excluding some central European countries from the basis of comparison, Prime Minister Viktor Orban told public radio on Friday.

Orban's government said last week it was giving fuel traders two weeks to adjust their prices to the central European average, as part of a wider government price-setting intervention following last year's... (continue reading...)


France's Sciences Po university closed over new Gaza protests May 3, 2024 02:36AM

PARIS (Reuters) - Paris' Sciences Po university was closed for the day on Friday after a debate between the institute's leadership and students on the war in Gaza failed to ease tensions, prompting protesters to occupy it overnight.

The elite political sciences university this week became the centre of a wave of protests at several schools in France over the war and academic ties with Israel, although not on the same scale as seen in the United States.... (continue reading...)


Hungary defence spending to be increased if Ukraine war drags into 2025 -PM Orban May 3, 2024 02:31AM

BUDAPEST (Reuters) - Hungary will need to boost defence spending further next year if the war in neighbouring Ukraine drags into 2025, reducing the amount of funds available for other expenditure, Prime Minister Viktor Orban told public radio on Friday.

Russia's 2022 invasion of Ukraine has triggered a surge in defence spending on NATO's eastern flank led by Poland, which has doubled defence expenditure to 3.9% of economic output by 2023 from 2014... (continue reading...)


Holiday Inn owner IHG reports 2.6% rise in quarterly room revenue May 3, 2024 02:18AM

(Reuters) -Holiday Inn owner Intercontinental Hotels Group (IHG) posted a 2.6% rise in first-quarter room revenue on Friday, helped by its performance in Japan, Australia, Europe and the Middle East.

"There was an impressive performance in EMEAA, which was up nearly 9%," CEO Elie Maalouf said in a statement, referring to Europe, the UK, Australia, the Middle east and Japan.

Room revenue was up 16.9% in Japan, 10.2% in Australia, 7.4% in the... (continue reading...)


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