Morocco says 18 migrants died during a mass crossing into the Spanish enclave

MADRID (Reuters) – Morocco said on Friday 18 migrants died trying to cross the border into the Spanish North African enclave of Melilla, after a violent two-hour clash between migrants and border officers that also wounded dozens. About 2,000 migrants stormed the high fence that seals off the besieged area. Moroccan and Spanish authorities said … Read more

Global stocks near new lows in 2022 amid inflation fears

LONDON (Reuters) – Global stocks plunged towards 2022 lows and the Japanese yen fell to levels not seen in nearly a quarter of a century on Monday as sweltering inflation in the United States fueled fears of a more aggressive policy tightening in a large region. Central Bank Week. The significantly higher-than-expected US CPI reading … Read more

Biden unveils immigration plan, capping division-ridden Americas summit

LOS ANGELES (Reuters) – U.S. President Joe Biden and his Western Hemisphere colleagues on Friday rolled out a new set of measures to tackle the regional migration crisis in a bid to salvage the divided Summit of the Americas. Biden aides had touted the immigration declaration as a cornerstone of the Summit of the Americas … Read more

Exclusive: US will allow two companies to ship Venezuelan oil to Europe

HOUSTON/WASHINGTON (Reuters) – Italian oil company Eni SpA and Spain’s Repsol may start shipping Venezuelan oil to Europe as soon as next month to replace Russian crude, five people familiar with the matter said. Debt swaps were halted two years ago when Washington intensified sanctions on Venezuela. One person said that Eni and Repsol are … Read more