Thailand to launch crypto-to-baht conversion for foreign tourists

BANGKOK (Reuters) -Thailand will launch an 18-month pilot programme to allow foreign visitors to convert cryptocurrencies into baht to make payments locally, officials said on Monday, part of efforts to rejuvenate the country’s critical tourist sector.  Conversions will be capped at 550,000 baht ($16,949.15) to test the system and prevent money laundering, Finance Ministry permanent …

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Explainer-Why cloudbursts have killed hundreds in Pakistan and India this monsoon season

By Saeed Shah, Rajendra Jadhav and Shilpa Jamkhandikar ISLAMABAD/NEW DELHI (Reuters) -Massive, sudden downpours of rain known as cloudbursts have struck Pakistan and India during this monsoon season, killing hundreds of people in the flash floods and landslides they have triggered.  WHAT ARE CLOUDBURSTS AND WHY DO THEY OCCUR? By a widely accepted definition, a …

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La UE, “consternada” tras demoler Israel una escuela financiada por la UE y Francia en Cisjordania

BRUSELAS, 19 ago (Reuters) – La Unión Europea está “consternada” por la demolición por parte de Israel de una escuela en construcción en al-Aqaba, pueblo del norte de Cisjordania, financiada por la UE y Francia, dijo el martes un portavoz de la UE en un comunicado. La escuela estaba destinada a atender a cientos de …

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Bessent se reunirá con los candidatos a presidir la Fed en torno al 1 de septiembre

WASHINGTON, 19 ago (Reuters) – El secretario del Tesoro de Estados Unidos, Scott Bessent, dijo que comenzará a reunirse con once candidatos fuertes para reemplazar al presidente de la Reserva Federal, Jerome Powell, alrededor del festivo del 1 de septiembre, Día del Trabajo en el país, con el objetivo de reducir la lista para presentarla …

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Belgian princess to resume Harvard studies after Trump move to ban foreign students

BRUSSELS (Reuters) -Princess Elisabeth, 23-year-old heir to the Belgian throne, will be able to continue her studies at Harvard University, her spokespeople said, after she was caught up in a U.S. government move to bar the entry of foreign students to study there. “I can confirm that, for now, all the conditions seem to be …

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US-Finanzminister: Zolleinnahmen werden höher als erwartet ausfallen

Washington (Reuters) – US-Finanzminister Scott Bessent rechnet mit deutlich höheren Zolleinnahmen als bislang prognostiziert. “Ich bin davon ausgegangen, dass die Zolleinnahmen in diesem Jahr 300 Milliarden Dollar betragen könnten”, sagte Bessent am Dienstag in einem Interview mit dem Sender CNBC. “Das werde ich deutlich nach oben korrigieren müssen.” Eine neue Prognose nannte Bessent nicht. Die …

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DoorDash’s planned takeover of Deliveroo to be reviewed under EU’s simplified merger procedure

BRUSSELS (Reuters) -The planned $3.9 billion takeover of Deliveroo by U.S. meal delivery firm DoorDash will be reviewed under the European Union’s simplified merger procedure, EU Commission documents showed on Tuesday. The food delivery app companies reached a deal valuing Deliveroo at about 2.9 billion pounds ($3.92 billion) in May. The fact that the EU …

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Cameroon OKs $1.6 billion in fresh borrowing to fund projects, clear arrears

By Amindeh Blaise Atabong YAOUNDE (Reuters) -Cameroon’s finance minister has been authorised to borrow up to 930 billion CFA francs ($1.67 billion) in domestic and external loans to finance development projects and settle arrears, according to a presidential decree. The funding will be raised through a mix of market instruments, including 350 billion CFA francs …

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At least 25 rescued after boat capsizes in Nigeria, dozens presumed dead

By Ahmed Kingimi MAIDUGURI, Nigeria (Reuters) -At least 25 people have been rescued and 25 others are still missing two days after a boat carrying about 50 passengers capsized in Nigeria’s northwestern Sokoto State, emergency services said on Tuesday. The National Emergency Management Agency (NEMA) said 25 people were still unaccounted for and presumed dead. …

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