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Cyclone Idai: People starve along the 'road of suffering'

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By John Sparks, Africa correspondent, in Mozambique According to the map, this stretch of highway is called route number six. But the people who live along it call it the road of suffering – because it links dozens of communities in a region devastated by cyclone Idai. Just outside the port city of Beira, in Read More

Stocks tumble, bonds rally as U.S. recession risk flashes 'amber'

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SYDNEY (Reuters) – Investors dumped shares on Monday and fled to the safety of bonds while the Japanese yen hovered near a six-week high as risk assets fell out of favour on growing worries about an impending U.S. recession, sending global yields plunging. Women, dressed in ceremonial kimonos, look at an electronic board showing the Read More

Yen strengthens, shares skid on U.S. recession fears

3 hours ago DieselGasoil Comments Off on Yen strengthens, shares skid on U.S. recession fears
SYDNEY (Reuters) – The Japanese yen hovered near a six-week high on Monday while Asian shares are expected to start lower as risk assets fell out of favor on growing worries about an impending U.S. recession, sending global bond yields plunging. A Japan Yen note is seen in this illustration photo taken June 1, 2017. Read More

Polls close in Thailand's first election since military coup

15 hours ago DieselGasoil Comments Off on Polls close in Thailand's first election since military coup
By Siobhan Robbins, South East Asia correspondent Voting has ended in Thailand’s first election since its military ousted an elected government in a 2014 coup. Around 50 million people voted in the poll which ultimately pitches the military and its supporters against the former ruling Shinawatra family in what some define as a battle between Read More

Flooding impairs drinking water treatment for Kansas City, Missouri

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KANSAS CITY, Mo. (Reuters) – Record flooding along the Missouri River has impaired treatment of drinking supplies in Kansas City, raising Health risks for infants, the elderly and other people with compromised immune systems, the municipal water service warned on Saturday. The Kansas side of the Missouri River is seen in Atchison, Kansas, U.S., March Read More

China war drills: US commandos capture Japanese island to show Beijing they’re ‘not kidding around’

2 days ago DieselGasoil Comments Off on China war drills: US commandos capture Japanese island to show Beijing they’re ‘not kidding around’
US special forces, aided by F-35 stealth fighters and rocket artillery units, have practiced capturing a small Japanese island as part of a new operational concept to counter China in the Indo-Pacific theater. Members of the US Marines, Army and Air Force invaded and secured Japan’s Ie Jima Island as they polished-up their Expeditionary Advance Read More

'Everything is very bad': People left starving by Cyclone Idai

3 days ago DieselGasoil Comments Off on 'Everything is very bad': People left starving by Cyclone Idai
By John Sparks, Africa correspondent A large crowd turned as one as we arrived at the Mango Mascarenha primary school. Then, they began to cheer. I think they thought we were bringing them aid and assistance. But the celebratory shouts soon turned to despair when they realised we were actually journalists. It was understandable. Who Read More

Climate change's fingerprints are on U.S. Midwest floods: scientists

3 days ago DieselGasoil Comments Off on Climate change's fingerprints are on U.S. Midwest floods: scientists
(Reuters) – Climate change played a hand in the deadly floods in the U.S. upper Midwest that have damaged crops and drowned livestock, scientists said on Thursday, while a Trump administration official said more homework was needed before making that link. Flooded areas are seen near Nebraska City, Nebraska, U.S., March 20, 2019 in this Read More

The Fed is prodding Americans to buy more on credit

3 days ago DieselGasoil Comments Off on The Fed is prodding Americans to buy more on credit
WASHINGTON (Reuters) – The Federal Reserve’s decisive statement this week that interest rates are unlikely to rise this year sends a signal to U.S. households: keep buying stuff. FILE PHOTO: A sign advertises homes for sale in a new housing development in Dickinson, North Dakota January 21, 2016. REUTERS/Andrew Cullen The Fed tries to guide Read More

More floodwaters rising in storm-ravaged U.S. Midwest

3 days ago DieselGasoil Comments Off on More floodwaters rising in storm-ravaged U.S. Midwest
VALLEY, Neb. (Reuters) – As icy, lethal floodwaters fed by rains and melting snow recede in Nebraska and Iowa, leaving destroyed homes, drowned cattle and swamped farmland, Midwest states downstream were set on Thursday for a relentless surge of the Missouri River. Flooding from last week’s storm has already caused nearly $1.5 billion in damage Read More