Exclusive-‘China Track’ bank netting system shields Russia-China trade from Western eyes
MOSCOW (Reuters) -Major Russian banks have set up a netting payments system dubbed “The China Track” for transactions with China, aiming to reduce their visibility to Western regulators and mitigate the risk of secondary sanctions, banking sources told...
Trump administration seeks records from Harvard on foreign funding and ties
By Kanishka SinghWASHINGTON (Reuters) -President Donald Trump’s administration said on Friday it sought Harvard University’s records on foreign funding going back a decade and on some foreign ties, in the government’s latest escalation against the...
Gaza’s Christians ‘heartbroken’ for pope who phoned them nightly
By Nidal al-Mughrabi and Maya GebeilyCAIRO/BEIRUT (Reuters) – Members of Gaza’s tiny Christian community said they were “heartbroken” on Monday at the death of Pope Francis, who campaigned for peace for the devastated enclave and spoke to them...
Putin says Easter ceasefire is over, Russia ‘positive’ on peace proposals
MOSCOW (Reuters) – Fighting in Ukraine has resumed after the Easter ceasefire, Russia’s President Vladimir Putin said on Monday, adding that Moscow was open to any peace initiatives and expected similar attitude from Kyiv.Both Ukraine and Russia accused...
Pope Francis gave women Vatican roles, but held back on wider changes
By Joshua McElweeVATICAN CITY (Reuters) – One of the most long-lasting impacts of Pope Francis’ pontificate may be his appointment of more women than ever before to top Vatican positions.From hospital as he was battling double pneumonia in February 2025,...
Reddit back up after outage affecting thousands of users worldwide
(Reuters) -Social media platform Reddit was restored after thousands of users worldwide experienced outages on Monday, according to Downdetector.com.On its status page, Reddit said the incident has been resolved following an investigation into elevated errors across...
Trump warns of economic slowdown unless Fed cuts rates, triggering selloff
By Howard Schneider and Ismail Shakil(Reuters) -The U.S. economy could slow unless interest rates are lowered immediately, President Donald Trump said on Monday, repeating his criticism of Federal Reserve Chair Jerome Powell, who says rates should not be lowered until...
Venezuelan migrants were set for deportation without judicial review, lawyers tell US Supreme Court
By Andrew ChungWASHINGTON (Reuters) – President Donald Trump’s administration was prepared to carry out deportations of dozens of Venezuelan migrants detained in Texas under a 1798 law historically used only during wartime without judicial review and...