ADDIS ABABA, Feb 8 (Reuters) - Ethiopia's foreign minister has accused neighbouring Eritrea of military aggression and of supporting armed groups inside Ethiopian territory, according to a letter seen by Reuters and verified by the foreign ministry.
The two longstanding foes who waged war against each other between 1998 and 2000, signed a peace deal in 2018 and were allies during Ethiopia's two-year war against regional authorities in the northern... (continue reading...)
TOKYO, Feb 8 (Reuters) - Japan must take a "professional" approach in tapping its huge foreign reserves to fund spending and tax cuts as doing so would not be easy, Finance Minister Satsuki Katayama said on Sunday.
Tapping foreign reserves could be an option given recent yen moves, though doing so could cause problems as the reserves are used to conduct currency intervention, Katayama said in a television programme.
"The prime... (continue reading...)
By Rocky Swift
TOKYO, Feb 8 (Reuters) - Japan's volatile financial markets must now contend with Prime Minister Sanae Takaichi firmly in the driver's seat after her decisive victory on Sunday, which hands her an electoral mandate to reflate the economy.
The question for investors is whether Takaichi's electoral momentum will prompt her to expand her stimulus ambitions or if it lends her the political leeway to proceed more cautiously.
... (continue reading...)WINDHOEK, Feb 8 (Reuters) - Namibia will not recognise the purchase of offshore stakes in the Luderitz Basin announced last week by TotalEnergies and Petrobras until the oil companies follow the proper route for approval, government officials said on Sunday.
Jonas Mbambo, a spokesperson for the presidency, confirmed that until a formal application is submitted and the prescribed statutory process is completed, "no transaction can be recognised or... (continue reading...)
LONDON, Feb 8 (Reuters) - A senior minister faced questions about British Prime Minister Keir Starmer's future on Sunday and the deputy prime minister appeared to break ranks with his boss over his decision to appoint Peter Mandelson as ambassador to the United States.
Starmer is facing what is widely seen as the biggest crisis of his 18 months in power over his decision to make Mandelson Britain's ambassador to Washington in 2024, with a handful of... (continue reading...)
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