Dollar makes soft start to 2026 after biggest annual drop in eight years

Major currencies extend 2025 gains against dollar as markets await US data and Fed leadership signals The US dollar made a feeble start to 2026 on Friday after struggling against most currencies last year, while the yen steadied near a 10 month low as traders awaited economic data to predict how central bankers direct interest rates this year. A narrowing interest … Read more

Brazil Supreme Court rejects Bolsonaro plea

Brazil’s Supreme Court found Bolsonaro guilty of conspiring to stay in power after narrowly losing 2022 elections Brazil’s President Jair Bolsonaro gives a press statement at the Alvorada Palace in Brasilia, Brazil November 1, 2022. REUTERS/Adriano Machado/File Photo BRASILIA: Brazil’s Supreme Court has rejected former president Jair Bolsonaro’s request to convert his prison sentence for … Read more

Embattled Venezuela orders second mass prisoner release

. CARACAS: At least 87 people detained during protests sparked by Venezuelan President Nicolas Maduro’s 2024 election victory claim were released on Thursday after a year-and-a-half behind bars, rights groups said. “On the morning of January 1, mothers and relatives reported new releases of political prisoners from Tocoron prison in Aragua state” in northern Venezuela, … Read more

Disney basks in Zootopia glory

zootopia

With $1.46b worldwide earnings, ‘Zootopia 2’ becomes Disney’s highest-grossing animated film Disney’s ‘Zootopia 2’ has officially crossed the $1 billion milestone at the global box office, cementing its status as the highest-grossing animated film in Disney history. The sequel has now earned approximately $1.46 billion worldwide, surpassing ‘Frozen II’, which previously held the record with … Read more

Swiss authorities begin identifying victims of deadly resort bar fire that killed 40, injured 115

Investigators in Crans-Montana using dental, DNA samples due to heavy burns on the bodies Investigators on Friday set about identifying the burned bodies of a blaze that engulfed a crowded bar, killing around 40 people and injuring 115 at a New Year’s Eve party in the upscale Swiss ski resort of Crans-Montana. The severity of … Read more

DR Congo accuses Rwanda of killing 1,500 civilians in past month

. Rwandan-backed rebels enter Congo’s Goma in major escalation. Photo: Reuters (file) KINSHASA: The Democratic Republic of Congo has accused Rwanda of killing more than 1,500 civilians in the Congolese east since early December, when the Kigali-backed M23 militia launched a fresh offensive. Just days after the Congolese and Rwandan governments signed a US-brokered peace … Read more