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G7 finance leaders to call on Israel to maintain Palestinian bank links May 25, 2024 04:42AM

STRESA, Italy (Reuters) - G7 finance leaders will call on Israel to maintain correspondent banking links between Israeli and Palestinian banks to allow vital transactions, trade and services to continue, according to a draft joint statement seen by Reuters on Saturday.

The statement, to be released at the end of a Group of Seven finance ministers and central bank governors' meeting in northern Italy, also calls for Israel "to release withheld clearance... (continue reading...)


Five killed after informal gold mine collapses in northern Kenya May 25, 2024 04:37AM

ISIOLO, Kenya (Reuters) - At least five people were killed and several others were missing after an informal gold mine collapsed in northern Kenya, officials and local media said.

The bodies of five miners have been recovered from the Hillo artisanal mine, and another three people were unaccounted for, regional commissioner Paul Rotich told Reuters by telephone late on Friday.

"Reports from rescuers, police and our chiefs suggest at... (continue reading...)


G7 will try to use frozen Russian assets to help Ukraine May 25, 2024 04:12AM

STRESA, Italy (Reuters) - The G7 will explore ways of using the future income from frozen Russian assets to help Ukraine, finance chiefs from the Group of Seven industrial democracies said on Saturday, according to a draft statement seen by Reuters.

The G7 froze some $300 billion of Russian assets shortly after Moscow invaded its neighbour in February 2022.

"We are making progress in our discussions on potential avenues to bring forward... (continue reading...)


Italy pledges additional 35 million euros of aid for Palestinians May 25, 2024 03:59AM

ROME (Reuters) - Italy will resume funding for the United Nations' Palestinian relief organisation UNRWA as part of a 35 million euro ($38 million) aid package, Italian Foreign Minister Antonio Tajani said on Saturday.

Tajani made the commitment during a meeting in Rome with Palestinian Prime Minister Mohammad Mustafa.

The Italian minister said five million euros would go to UNRWA projects, with the remainder destined for its "Food for... (continue reading...)


India's massive election faces heatwave challenge in penultimate phase May 24, 2024 11:18PM

By Sakshi Dayal, Chris Thomas and Charlotte Greenfield

NEW DELHI (Reuters) -The world's largest election may become the hottest on Saturday, as Indians participate in the next-to-last phase of voting with temperatures forecast to surge to 47 degrees Celsius (117 degrees Fahrenheit) in the capital New Delhi.

More than 111 million people in 58 constituencies across eight states and federal territories are eligible to vote in the general... (continue reading...)


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