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IMF staff, Argentina reach agreement on latest review of $44 billion program May 13, 2024 09:51AM

(Reuters) - Staff of the International Monetary Fund (IMF) and Argentine authorities have reached an agreement on the eighth review of the country's $44 billion extended fund facility arrangement, the Washington-based lender said on Monday.

The IMF said the decision followed better-than-expected first-quarter performance in Argentina.

Argentine President Javier Milei took office in December vowing to tackle triple-digit inflation,... (continue reading...)


Palestinians desperate to flee Rafah as Israelis bear down May 13, 2024 09:47AM

By Mohammed Salem

RAFAH (Reuters) - The Anseir family loaded their meagre belongings on a beat up car hoping to escape before an Israeli ground offensive in Rafah -- where more than a million Gazans who had thought they would be safe are now struggling to find the means to flee again.

Mai Anseir and her extended family of 25 -- who already had to move three times in the face of Israeli bombardment -- say they have run out of options as... (continue reading...)


Big movies, strange mood as Cannes Film Festival prepares for opening night May 13, 2024 09:33AM

By Hanna Rantala

CANNES (Reuters) - The excitement that usually builds to a crescendo ahead of the Cannes Film Festival's opening night has been reined in this year by rumours of potentially explosive #MeToo allegations, and a possible festival workers' strike that could shut down the event.

There is much to be thrilled about, with Francis Ford Coppola's "Megalopolis," and Emma Stone - fresh off "Poor Things" success - teaming up again... (continue reading...)


South Africa's Ramaphosa denies pause in power cuts is linked to election May 13, 2024 09:28AM

By Tannur Anders and Bhargav Acharya

JOHANNESBURG (Reuters) - South African President Cyril Ramaphosa on Monday rejected opposition allegations that a recent pause in the electricity cuts that have plagued the country for years was due to an election coming up on May 29.

Rolling power cuts imposed by state utility Eskom reached record levels in 2023 and continued in the first quarter of this year, but there has now been no load-shedding,... (continue reading...)


Let in our flag, EU encourages Eurovision after ban 'mistake' May 13, 2024 09:18AM

BRUSSELS (Reuters) - The Eurovision Song Contest's ban of the European Union flag was a "completely regrettable" mistake that should be rectified next year, the European Commission said on Monday.

The European Broadcasting Union (EBU), which operates Eurovision, said Swedish host broadcaster SVT chose to limit flags among participants and the audience at the venue in Malmo to those of the participating countries, along with the rainbow flag.

... (continue reading...)

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