Reuters

By Mayela Armas

CARACAS (Reuters) - Transactions paid with foreign credit cards are helping circulate more foreign currency in Venezuela, where the government has locked in an exchange rate as part of efforts to control double-digit inflation, four public sector and finance sources said.

The transactions have been growing steadily since the government of President Nicolas Maduro, who is running for reelection in July, loosened currency... (continue reading...)

By Stephanie van den Berg

THE HAGUE (Reuters) - Russian forces deliberately used starvation of civilians as a military tactic during the 85-day siege of the Ukrainian city of Mariupol, international legal experts said in a report published on Thursday.

Human rights organisation Global Rights Compliance, whose experts also assist Ukraine's Prosecutor General, said Russian forces "systematically attacked objects indispensable to the... (continue reading...)

By Miguel Lo Bianco

BUENOS AIRES (Reuters) - Argentina's monthly inflation rate in May was likely the lowest since 2022 amid a tough austerity drive by libertarian President Javier Milei, but with annual inflation still near 300% many Argentines say they can't yet feel the benefit as food prices outstrip salaries.

Annual inflation is still the highest in the world, even as the monthly rate has slowed, with rising food, utilities, and... (continue reading...)

By Andrew Osborn

(Reuters) - One of Russia's top security officials called on Thursday for Russians to mobilise to inflict "maximum harm" on Western societies and infrastructure as payback for increasingly tough sanctions being imposed on Moscow by the U.S. and its allies.

The statement by Dmitry Medvedev, deputy chairman of Russia's Security Council and Vladimir Putin's predecessor as president, came as the West sharply escalated... (continue reading...)

(Reuters) - 3M said on Thursday it would transfer about $2.5 billion of its U.S. pension payment obligations and related plan assets for nearly 23,000 U.S. retirees and beneficiaries to Metropolitan Tower Life Insurance.

Met Tower Life will begin paying and administering the retirement benefits included in the transfer on Oct. 1.

3M added it expects to recognize an estimated pension settlement charge of between $800 million and $900... (continue reading...)