Reuters blog archive
from Reuters FYI:
A group of Massachusetts monks begins brewing Trappist Ale, hoping the beer sales will offset the healthcare costs of its aging members.
A group of thieves steal air conditioners from various rural churches in Tennessee. They (probably) escaped on foot down a road paved with good intentions.
Dogs are capable of feeling jealousy -- particularly when their owners give attention to other pooches.
A Sudanese woman who was sentenced to death for converting from Islam to Christianity, then detained after her conviction was quashed, flew into Rome on an Italian government plane on Thursday and hours later met the Pope.
Tucked off a two-lane highway in a hilly, wooded section of central Massachusetts, a group of Roman Catholic monks has embraced a centuries-old tradition they hope can sustain their aging members in a world of rapidly rising health costs.
A new map is being drawn across the plains of northern Iraq as Sunni militants of the Islamic State purge the rural landscape of religious and ethnic minorities that have co-existed for hundreds of years.
U.N. Secretary-General Ban Ki-moon sought guidance from Iraq's top cleric on Thursday, as he urged Iraqi politicians to form an inclusive government that can confront a Sunni militant insurgency.
Many members of France's Jewish community are living in fear after pro-Palestinian protests in recent weeks were marred by violence and use of anti-Semitic language, the country's foreign minister said on Thursday.
from Global Markets Forum Dashboard:
After all the recent doom and gloom about the strength of the euro zone economic recovery, today’s flash euro zone PMI data for July came as something of a pleasant surprise, helping to lift the euro off 8-month lows. The euro zone's private sector expanded at its fastest rate in three months, the data showed, although the downside was that faster growth in new business was mostly driven by companies cutting prices.
"The latest flash euro area survey was mildly reassuring but France remains in difficulty," our guest Nick Stamenkovic said.
By George Hay
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
Standard Chartered STAN.L is doing a passable impression of HSBC circa 2010. The UK-based emerging markets bank has told investors that it does not accept “media rumours” concerning the future of Chairman John Peace and Chief Executive Peter Sands. The parallels with HSBC’s succession planning four years ago – a crisis that culminated in the dual departures of chairman and CEO amid a boardroom power struggle – are worrying.
from Reihan Salam:
Paul Ryan has long been known as the GOP’s budget guru. With the release of his new report on expanding opportunity in America -- the most ambitious conservative anti-poverty agenda since the mid-1990s -- he is on the cusp of becoming something much more than that.
Loved by the right and loathed by the left, Ryan has been the architect of the most consequential Republican domestic policy initiatives of the Obama era. In spirit if not in name, Ryan spent much of President Obama’s first term as the leader of the opposition, rallying Republicans against Obamacare and in favor of long-term spending reductions. His controversial calls for entitlement and tax reform as chairman of the House Budget Committee were singled out by the president for over-the-top denunciation. In the spring of 2012, well before Ryan was named the Republican vice-presidential nominee, the president went so far as to characterize the Wisconsin congressman’s budget proposal as “thinly-veiled Social Darwinism.”