SAO PAULO (Reuters) -Brazil's inflation remained well above the central bank's target range in its mid-July reading, official data showed on Friday, as policymakers gather next week for a meeting at which they are widely expected to hold interest rates at a two-decade high.
Inflation in Latin America's largest economy hit 5.30% in the 12 months through mid-July, statistics agency IBGE said, up from 5.27% a month earlier and slightly above the 5.26%... (continue reading...)
By Indradip Ghosh and Mumal Rathore
BENGALURU (Reuters) -The Bank of Canada will hold its overnight interest rate steady at 2.75% on July 30 for the third consecutive meeting thanks to a recent rise in inflation and a fall in unemployment, according to a Reuters poll of economists that still found many expect at least two more cuts this year.
The Canadian central bank has cut rates by a total of 225 basis points since June 2024, but has been... (continue reading...)
WASHINGTON (Reuters) -President Donald Trump on Friday did not answer when asked about possible clemency for Ghislaine Maxwell, saying it is an ongoing investigation.
Maxwell is a longtime associate of wealthy financier and convicted sex offender Jeffrey Epstein.
(Reporting by Steve Holland and Nandita Bose in Washington; Editing by Nick Zieminski)
(Reuters) -U.S. Central Command (CENTCOM) forces killed a senior Islamic state leader and his two Islamic state-affiliated sons, the U.S. military said in a post on X on Friday.
(Reporting by Yomna Ehab and Ahmed Tolba, Editing by Timothy Heritage)
By Shoon Naing
SURIN, Thailand (Reuters) -Six-year-old Sunisa Chanprakhon was looking forward to running in her school sports day in their Thai border village on Thursday when explosions shattered the morning calm.
"We didn't get to run," she said in front of a camping tent her mother had set up in a university sports hall now suddenly housing evacuees. "Instead we ran into the bunker."
Sunisa and her mother, Lukkana Namprakhon,... (continue reading...)
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