WORLD

Asian Markets Mostly Up As Traders Eye China Stimulus

The dollar is struggling to bounce back after the Federal Reserve held interest rates
Hopes China will unveil fresh measures to kickstart its ailing economy lifted most markets Friday, while the dollar struggled to bounce from losses fuelled by bets the Federal Reserve is near the end of its tightening cycle.

Macron Seeks To Sway Saudi's MBS On Ukraine In Paris Talks

Macron and Mohammad bin Salman last met in July 2022
French President Emmanuel Macron on Friday hosts Saudi Arabia's Crown Prince Mohammed bin Salman for talks in Paris, seeking to nudge the de-facto leader of the oil-rich kingdom into more full-throated support of Ukraine against the Russian invasion.
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Israeli Prime Minister Benjamin Netanyahu leaves his Likud party faction meeting at the Knesset, Israel's parliament, in Jerusalem

Opposition Member To Sit On Judges Panel In Blow To Netanyahu

Parliament delivered a surprise blow to Prime Minister Benjamin Netanyahu's coalition on Wednesday by electing an opposition member to sit on a committee that appoints judges, a panel at the heart of a political battle over Israel's justice system.
A policeman walks along a road as teargas is fired to disperse supporters of former Pakistani prime minister near the Islamabad High Court on May 12, 2023

Pakistan Pressed Over Charges Against Journalists

Reporters Without Borders on Wednesday demanded that Pakistani prosecutors dismiss accusations against two journalists that could theoretically carry the death penalty, adding to US criticism of a crackdown.
Macron and Mohammad bin Salman last met in July 2022

Saudi's MBS Heads To France, Macron Seeks Shift On Ukraine

Macron's office said the two would speak on Friday over lunch at the president's Elysee Palace, adding that they would discuss "especially the war in Ukraine and its consequences for the rest of the world". The prince's stay in France could last some days, with MBS also due to attend a Paris summit on a New Global Financing Pact hosted by Macron on June 22-23.
Lebanese Parliament Speaker Nabih Berri heads a parliament session in Beirut

Lebanon's Crisis Deepens As Presidential Vote Collapses

The powerful Hezbollah group and its allies thwarted a bid by their rivals to elect a top IMF official as Lebanon's president on Wednesday, sharpening sectarian tensions and further dimming prospects for preventing a collapse of the state.
Erdogan has called high interest rates 'the mother and father of all evil'

Erdogan Hints At Rate Hike After Election Victory

Turkish President Recep Tayyip Erdogan signalled Wednesday that he would let his new economic team hike interest rates to combat inflation and stabilise the lira, reversing an era of unconventional policies.

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