Reuters

U.S. crude production rose to 12.2 million barrels per day last week, its highest level since August, the Energy Information Administration said on Wednesday.

An IMF team is visiting Ghana until Tuesday as the country aims to negotiate a relief package before the end of the year to help relieve its debt distress and overcome its worst economic crisis in a generation.

The Commission formally requested consultations with China at the WTO, the first step in a WTO challenge. Such consultations rarely resolve disputes.

Thomas Barkin, Richmond Federal Reserve President, was poring over the latest inflation-related data one morning this June after breakfast with bank interns when he saw an alarming sign.

Ramaphosa remains the most popular figure in the African National Congress (ANC) and the best placed to reverse last year's municipal polls that saw the party's share of the vote drop below half for the first time.

Oil prices were mixed in early Asian trade on Wednesday after falling to their lowest settlement levels this year as economic uncertainty and the prospect of higher interest rates pressured prices.

The Tutsi-led militia has staged several offenses in east Democratic Republic of Congo (DRC) this year, gaining ground in the vast mineral-rich country despite push back from Congolese forces.

The United States and Russia accused each other on Tuesday of not being interested in Ukraine peace talks as calls grow at the United Nations for a ceasefire and diplomacy to end the war started by Moscow's invasion nine months ago.

The leaders of the six Balkan countries of Albania, Bosnia, Kosovo, Montenegro, North Macedonia and Serbia have long expressed disillusion that negotiations have not started or are stalled, years after being promised eventual EU membership.

North Korea said on Tuesday it had ordered military units to fire more artillery shells into the sea, the North's official KCNA news agency reported, in response to South Korea's ongoing drills across the border.

Britain's defence minister, Ben Wallace, will also attend the first in-person meeting of AUKUS ministers on Wednesday in Washington.

Pakistan's Supreme Court set up a panel of five judges on Tuesday to supervise an investigation into the death of a prominent journalist who was shot and killed in Kenya, the court said.

Goldman is doing due diligence on a number of different crypto firms, he added, without giving details.

Bitcoin's price has dropped 63%, while the overall cryptocurrency market capitalization has lost $1.63 trillion in value.

The European Union agreed on Tuesday on a new law to prevent companies from selling into the EU market soy, beef, coffee and other commodities linked to deforestation around the world.

More than 10,000 participants, including government officials, scientists, and activists, were set to attend the summit starting Wednesday and running through Dec. 19.

The Group of Seven price cap comes as the West tries to limit Moscow's ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production.

Tinubu is the frontrunner for the All Progressives Congress party to succeed President Muhammadu Buhari, who is stepping down.

UK-based crypto lender Nexo said on Monday it would phase out its U.S. products and services over the coming months due to clashes with regulators.

Under the framework deal, the military - in charge since the coup - agreed it would only be represented on a security and defence council headed by a prime minister.

Congo's army and the M23, a Tutsi-led militia, have been locked in fighting for months in the country's east.

A new Russian missile barrage had been anticipated in Ukraine for days and it took place on Monday just as emergency blackouts were due to end, with previous damage repaired.

Ramaphosa asked the country's top court to throw out the independent panel's findings over the "Farmgate" affair, which critics have said should force his resignation.

Troops from Eritrea, to the north, and forces from the neighbouring Ethiopian region of Amhara, to the south, fought alongside Ethiopia's military in Tigray but were not party to the ceasefire.

Labour Party candidate Peter Obi said he would "demand the transparent liberalization of the foreign exchange market" if elected on Feb 25.

After Sunday services, churchgoers in the capital Kinshasa and other major cities heeded a call from the conference of Catholic bishops to march against the conflict with the M23 rebel group, which Congo accuses Rwanda of supporting.

Ramaphosa, who said he would attend an executive committee meeting scheduled for Monday, is fighting for his political survival after a panel of experts found he may have violated his oath of office.

The government is in talks with the International Monetary Fund for a support programme to relieve its debt distress.

Russia, the world's second-largest oil exporter, said on Sunday it would not accept the cap and would not sell oil that is subject to it, even if it has to cut production.