Town Hall News

By Fergal Smith TORONTO (Reuters) – Signs of recovery in Canada’s housing market after a year-long slump, just as higher borrowing costs are expected to slow much of the rest of the economy, could raise inflation and delay a shift by the central bank to interest rate cuts, analysts said. The housing market’s upturn comes after the Bank of Canada paused its interest rate hiking campaign last month, leaving the […]

By Lewis Krauskopf NEW YORK (Reuters) -A U.S. stocks rally is leaving behind smaller companies, a sign that investors may be bracing for economic turmoil ahead. The small-cap Russell 2000 is down about 1% this year, compared to a rally that has boosted the S&P 500, an index representing the largest U.S. companies, 7% year-to-date. Like the inverted U.S. Treasury yield curve and strength in gold prices, the weakness in […]

By Ezgi Erkoyun and Oriana Boselli ISTANBUL/HATAY, Turkey (Reuters) – Mehmet Ali Fakioglu was made homeless by an earthquake that hit Turkey in February, but made a 15-hour journey back to the disaster zone to vote on Sunday, recalling the fear he felt when the catastrophe struck and his anger that help was slow to come. Fakioglu, who has been staying with his son in Istanbul since leaving his home […]

By Ruma Paul DHAKA (Reuters) -Storm surges whipped up by a powerful cyclone moving inland from the Bay of Bengal inundated the Myanmar port city of Sittwe on Saturday, but largely spared a densely-populated cluster of refugee camps in low-lying neighbouring Bangladesh. Some 400,000 people were evacuated in Myanmar and Bangladesh ahead of Cyclone Mocha making landfall, as authorities and aid agencies scrambled to avert heavy casualties from one of […]

(Reuters) – Ukrainian President Volodymyr Zelenskiy said on Sunday Kyiv and its Western supporters could make a Russian defeat in the war in Ukraine “irreversible” as early as this year and thanked Germany for being a “true friend” during a visit to Berlin. Zelenskiy arrived in Berlin from Rome, where he met separately on Saturday with Italian Prime Minister Giorgia Meloni and Pope Francis. FIGHTING * Russia’s Defence Ministry said […]

By Can Sezer and Orhan Coskun ISTANBUL (Reuters) -Turks voted in a pivotal election on Sunday, poised either to unseat President Tayyip Erdogan and halt his government’s increasingly authoritarian path or usher in a third decade of his rule. The vote will decide not only who leads Turkey, a NATO-member country of 85 million, but also how it is governed, where its economy is headed amid a deep cost of […]

By Can Sezer and Orhan Coskun ISTANBUL (Reuters) -Turks voted in a pivotal election on Sunday, poised either to unseat President Tayyip Erdogan and halt his government’s increasingly authoritarian path or usher in a third decade of his rule. The vote will decide not only who leads Turkey, a NATO-member country of 85 million, but also how it is governed, where its economy is headed amid a deep cost of […]

By Ezgi Erkoyun and Oriana Boselli ISTANBUL/HATAY, Turkey (Reuters) – Mehmet Ali Fakioglu was made homeless by an earthquake that hit Turkey in February, but made a 15-hour journey back to the disaster zone to vote on Sunday, recalling the fear he felt when the catastrophe struck and his anger that help was slow to come. Fakioglu, who has been staying with his son in Istanbul since leaving his home […]

BAMAKO (Reuters) – Mali’s interim military government has rejected a United Nations human rights office report on the alleged execution of at least 500 people by Malian soldiers and unidentified foreign fighters during an operation last year. The ruling junta was responding to a report released on Friday after a months-long investigation into what rights groups described as the worst atrocity in a 10-year conflict between Islamist groups and the […]