BERLIN (Reuters) - German Chancellor Olaf Scholz and France's President Emmanuel Macron warned in a joint opinion piece for the Financial Times that the European Union had to make dramatic efforts to improve its competitiveness or risk seeing its way of living undermined.
Among the reforms needed were further efforts to decarbonize the economy, while leaving the precise means of doing so up to member states, they wrote, in what seemed to be a boost for... (continue reading...)
MEXICO CITY (Reuters) - U.S. construction company Vulcan Materials on Monday rejected what it considers the "illegal expropriation" of its investments in Mexico and said it remains open to a negotiated solution with the Mexican government.
The company has been engaged in a years-long conflict with Mexico's government after officials ordered a halt to limestone quarrying at Vulcan's mining unit in the coastal state of Quintana Roo in 2022, alleging... (continue reading...)
JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu said on Monday an air strike in the area of Rafah in southern Gaza that killed dozens of Palestinians was not intended to cause civilian casualties and would be investigated.
"In Rafah, we already evacuated about 1 million non-combatant residents and despite our utmost effort not to harm non-combatants, something unfortunately went tragically wrong," he said in a speech in parliament that... (continue reading...)
By Steven Scheer
JERUSALEM (Reuters) - The Bank of Israel will have a hard time continuing to lower short-term interest rates as long as inflation pressures persist and Israel's war against Hamas remains uncertain and drives up government spending, governor Amir Yaron said on Monday.
The central bank earlier on Monday kept its benchmark rate at 4.5% for a third straight month, as had been widely expected.
Since a 25 basis... (continue reading...)
(Reuters) - Argentina's President Javier Milei is set to meet with top-level executives from Google, Meta and Apple during a trip to the United States this week, his spokesman Manuel Adorni said on Monday.
Libertarian Milei is set to travel to San Francisco late on Monday and stay through Friday, during which time he is set to meet Meta CEO Mark Zuckerberg, Google CEO Sundar Pichai, Apple CEO Timothy Cook and Open AI CEO Sam Altman.
He... (continue reading...)
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