(Reuters) - Global equity funds witnessed outflows for the first time in five weeks in the week ended May 29, hit by rising U.S. Treasury yields and investor caution ahead of a crucial U.S. inflation report, which may provide insights into the future direction of U.S. interest rates.
According to Lipper data, global equity funds registered $4.9 billion in outflows, marking their first withdrawal since the week ending April 24.
U.S.... (continue reading...)
By Adriana Barrera
MEXICO CITY (Reuters) - A rags to riches story and a penchant for publicity propelled businesswoman Xochitl Galvez into the limelight as the main opposition candidate for Mexico's presidency, campaigning on a promise to confront drug cartels and improve the economy.
Galvez, 61, who trails ruling party candidate Claudia Sheinbaum in the polls ahead of Sunday's vote, represents a coalition of opposition parties and vows... (continue reading...)
By Diego Oré
MEXICO CITY (Reuters) - When Claudia Sheinbaum - the frontrunner to become Mexico's next president - was just six years old, her parents were active participants in protests during one of the darkest periods of the country's modern history.
It was 1968, the Institutional Revolutionary Party had governed Mexico with an iron fist for decades and the country was swept by large demonstrations pressing for democratic change. In... (continue reading...)
By Farah Saafan
CAIRO (Reuters) - Egypt has detained several students who were trying to promote pro-Palestinian boycotts and solidarity campaigns, the latest sign that it does not want to leave space for activism over the war in Gaza despite growing official criticism of Israel.
The students are among dozens of people held in connection with protests against Israel's military campaign, some of them detained in October when... (continue reading...)
By Anait Miridzhanian
JOHANNESBURG (Reuters) - For the first time in South Africa's democratic era, the African National Congress (ANC) will have to seek a coalition partner to govern with after it was on course to fall well short of a majority in the national election.
Here are scenarios of what could happen next in South Africa and which parties the ANC might partner with:
WILL RAMAPHOSA GET OUSTED?
With... (continue reading...)
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