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Carney's investment summit draws protests by Indigenous leaders, eco groups, unions

Prime Minister Mark Carney's high-stakes pitch for foreign investment drew a diverse crowd of protesters to Toronto on Monday evening as Indigenous leaders, environmental groups, union leaders and others marched together in opposition of his agenda. Hundreds of executives and global asset managers descended on the city for Canada's first-ever national investment summit. Carney has set an ambitious goal of attracting $1 trillion in new investment over the next five years. Protesters, including representatives of labour unions and climate and housing advocates, mobilized against the event at a downtown rally that grew bigger as demonstrators made their way to the summit's opening gala at the Art Gallery of Ontario, where they were met by a police barrier. The crowd chanted, drummed and waved signs that urged investments in people, health care and the environment. Protesters said they reject the idea of leaving Canada's economic future in the hands of CEOs and ...

US oil export ban unlikely to lower energy prices, Interior secretary says

HOUSTON, Sept 14 (Reuters) - U.S. Interior Secretary Doug Burgum said on Monday that a ban on ​U.S. oil or fuel exports would be unlikely ‌to help lower energy prices for consumers amidst the Iran war . "We would consider an export ban if we thought that actually might lower ​prices, but that's not the case," Burgum told reporters ​at a G20 meeting on energy in Houston. Burgum, ⁠an appointee of President Donald Trump , said that bans on ​oil, gasoline or diesel exports could lead to retaliatory actions ​from other countries, which could hurt consumers in states like California, which depends partially on energy imports. "We stop exporting product, and then somebody ​says, 'We're not going to export to California,'" Burgum said. Burgum ​said that California already has shut several oil refineries, which over the ‌long ⁠term has helped raise fuel prices there. "California already (has) the highest prices in the country for gas and dies...

EU envoys extend Russia sanctions by seven days to debate six-month renewal, EU presidency says

BRUSSELS, Sept 14 (Reuters) - European Union envoys have pushed back the expiry of EU Russia sanctions listings by seven days until September 22, ​a spokesperson for the EU's Irish presidency said on Monday, after failing to agree ‌on a six-month renewal. At issue is whether to de-list Russian-Uzbek billionaire Alisher Usmanov. France has joined Slovakia in a call to remove him, citing national security concerns, EU diplomats said. "France is one of the countries most committed ​to increasing pressure — by all means — on the Russian war machine, as well as ​to supporting Ukraine," a French diplomatic source said.  "We face a specific national security ⁠issue and wish to respond positively to international partners who have approached us regarding Mr. Usmanov." France's ​foreign ministry spokesperson declined to comment. The designations, which target nearly 3,000 companies and individuals with asset ​freezes and travel bans, had been due to expir...

Syria fuel price hikes trigger widest protests since Assad fall

ALEPPO, Syria, Sept 14 (Reuters) - A sharp rise in ​fuel prices at the weekend has sparked protests across Syria, in the country's most widespread demonstrations ‌since the toppling of Bashar al-Assad almost two years ago. Demonstrators burned tyres and blocked key roads, including the highway linking the capital Damascus to the industrial hub of Aleppo, after Syria's government on Saturday raised diesel prices by 40% to 175 Syrian pounds ($1.32) a ​litre. The price increases piled further pressure on Syrians facing years of economic crisis. The United Nations Development ​Programme estimates 90% of Syrians live below the poverty line, compared with about a ⁠third before the Syrian civil war began in 2011. In the steepest of several price hikes announced since the Iran ​war began, the government also raised household and industrial gas prices by about 9%, 95-octane gasoline by 28% to ​195 pounds and 90-octane gasoline by 26% to 185 pounds. Protesters also blocked co...

Pound climbs after UK growth beats expectations

LONDON, Sept 11 (Reuters) - The pound rose slightly on Friday after data showed UK growth beat expectations  in July, continuing a string of relatively upbeat readings for the British economy. British gross domestic product ​grew 0.4% in July, figures from the Office for National Statistics showed, far ‌outstripping economists' forecasts that the economy would flatline. Sterling rose 0.1% to $1.352 and climbed a similar amount against the euro.  The euro zone's currency was down 0.1% against the pound to 85.84 pence. Growth was driven by the ​services sector, which expanded 0.4% month-on-month, the figures showed. Britain's economy expanded 1% in the ​first half of the year, the fastest growth in the G7, although some ⁠economists think issues with seasonal adjustments could mean the figure is overstated.  That means it ​could beat the Bank of England's forecast of 1.1% growth in 2026, although some analysts think ​the data could be revised lower. Investment ...

Japan, India, Ukraine: Why some countries are uneasy about new UN map

In a historic move last week, the United Nations General Assembly voted overwhelmingly to encourage the use of new world maps  which more accurately depict continents with their true sizes. The move followed months of lobbying by the African Union, which itself adopted a new map earlier in February. A total of 164 countries  voted  in favour while six abstained. The United States was the only member to oppose it. US representative Yaryna Ferencevych said before the vote that the resolution was “the reason this institution is losing its credibility”. “Instead of focusing on genuine problems … this body is debating map projects from the 16th century,” she said. But since the resolution was approved, at least three other countries have voiced concerns about the changes: India, Ukraine and Japan. None are explicitly opposed to adopting a new projection. However, they are raising concerns about how certain disputed territories should be depicted. Here’s what we kno...

Nigeria Reaffirms Support For WTO, Multilateralism At BRICS Summit

Vice President Kashim Shettima gave the assurance during a meeting with the Director-General of the WTO, Ngozi Okonjo-Iweala, on the sidelines of the ongoing BRICS Leaders’ Summit in New Delhi, India. Shettima said Nigeria would continue to support the WTO in strengthening multilateralism and promoting a global system built on cooperation rather than isolation. “I believe the world is greater than one nation. We will continue to support the WTO in championing the cause of multilateralism. We are essentially one human family and interconnected. You cannot divorce yourself from the global community,” he said. The Vice President also made a case for migration as an important driver of development, innovation and economic growth, noting that immigrants have historically contributed to the development of nations and cities around the world. “Nations are built by immigrants. Even cities are built by people who came from outside, not just by the locals. That goes to show that we h...

Nigeria parliament boycotts South Africa events over anti-migrant attacks

ABUJA, Sept 11 (Reuters) - Nigeria's parliament has suspended official visits to South Africa and ordered lawmakers to boycott South African-hosted legislative activities, ​citing reports of attacks on Nigerians and other African migrants ‌there. The decision reflects growing concern in Nigeria over the safety of its citizens in South Africa  and signals rising frustration over a problem that has ​periodically strained relations between the continent's two largest economies. Nigerian ​officials have cited persistent anti-immigrant violence in South Africa, ⁠with Nigeria's minister of state for foreign affairs having said 98 Nigerians have died  in mob and hate-related incidents there since 2022. This ​year, 1,695 Nigerians have been voluntarily evacuated amid  xenophobia-related tensions , according to Nigeria's acting high commissioner in Pretoria. The directive, announced by a spokesperson to the parliament, ​bars legislators from official travel to Sou...