Taliban vow to be accountable, probe reports of Afghanistan reprisals

KABUL (Reuters) -The Taliban will be accountable for its actions and will investigate reports of reprisals and atrocities carried out by members, an official of the Islamist militant group told Reuters on Saturday.Taliban forces stand guard inside Kabul, Afghanistan August 16, 2021. REUTERS/StringerThe official, who spoke on condition of anonymity, added that the group planned to ready a new model […]

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‘Flash recession' could hit markets by the fall

How to boost your portfolio as markets fall Toews Asset Management CEO Phil Toews shares insight on investing amid moving markets. Markets are acting like the global economy is headed for a slowdown, according to Bank of America.  Unprecedented amounts of fiscal and monetary stimulus have been unleashed into the global economy, yet reopening trades and other trades indicating increased […]

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Norway wealth fund should push firms to cut emissions to nil by 2050, says panel

OSLO (Reuters) – Norway’s $1.4 trillion sovereign wealth fund, the world’s largest, should push firms it invests in to eventually cut their greenhouse gas emissions to nil by 2050, in line with the Paris Agreement, a government-appointed commission said on Friday.FILE PHOTO: A general view of the Norwegian central bank, where Norway’s sovereign wealth fund is situated, in Oslo, Norway, […]

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Sri Lanka announces lockdown as coronavirus cases surge; president to address nation

COLOMBO (Reuters) – Sri Lanka announced a 10-day lockdown starting on Friday night in an effort to curb the spread of the coronavirus, as surging infections and deaths overwhelm the island’s health system.A medical official carries a body of a coronavirus disease (COVID-19) victim from a freezer storage inside a container to a trolley at the Judicial Medical Officer’s premises […]

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Stock futures trade lower to end the week

New investment opportunities as vaccination rates soar Girard CIO Timothy Chubb shares his market picks for capitalizing on COVID vaccine. U.S. equity futures are trading lower ahead of the final trading session of the week. The major futures indexes suggest a decline of 0.5% when the opening bell rings on Wall Street. GET FOX BUSINESS ON THE GO BY CLICKING […]

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European stocks set for worst week in 6 months on virus, growth worries

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany August 19, 2021. REUTERS/Staff(Reuters) – A slide in European shares halted on Friday, although the index was still on course for its worst week since February on signs of slowing growth, rising COVID-19 cases and fears of a sooner-than-expected tapering in monetary stimulus. The […]

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Contrary to intent, Biden's Afghan pullout could undermine Asia shift

WASHINGTON (Reuters) – Kurt Campbell, the White House’s top Asia adviser, declared last month that a historic change in U.S. foreign policy was afoot, one that would shift U.S. focus away from the Middle East to Asia, where China’s growing might has cast shadows over Washington’s allies.U.S. President Joe Biden delivers remarks on the crisis in Afghanistan during a speech […]

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Gold Futures Settle Lower For 3rd Straight Day

Gold futures settled lower on Thursday, extending losses to a third straight session as demand for the safe-haven commodity dropped due to a firm dollar and some buoyant economic data. Minutes from the Federal Reserve’s July meeting that suggested the central bank will likely start tapering its bond buying program later this year also contributed to the yellow metal’s decline. […]

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