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IMF says it is releasing $2.3 billion to Egypt after reforms help to stabilize the economy
CAIRO (AP) — The International Monetary Fund says it allowing Egypt to draw on about $2.3 billion from an earlier approved loan, noting that the country has made progress in restoring economic stability and reducing inflation as part of a reform program.The IMF said in a statement Wednesday that the decision to release the funding followed reviews of the government reforms, which it credited with bringing about “a broad-based economic recovery” in the world's most populous Arab country. It noted that the gross domestic product grew at a rate of 4.4% from 2024 to 2025.
US and Iran are holding a third round of nuclear talks as more American forces deploy to the Mideast
GENEVA (AP) — Iran and the United States began indirect talks Thursday in Geneva over Tehran's nuclear negotiations viewed as a last chance for diplomacy as America has gathered a fleet of aircraft and warships to the Middle East to pressure Tehran into a deal.U.S. President Donald Trump wants a deal to constrain Iran’s nuclear program, and he sees an opportunity while the country is struggling at home with growing dissent following nationwide protests last month. Iran meanwhile has maintained it wants to continue to enrich uranium even as its program sits in ruins, following... Read More
Kenyan police arrest man accused of recruiting fighters for Russia's war in Ukraine
NAIROBI, Kenya (AP) — Police in Kenya have arrested a man named in the alleged scheme that duped Kenyans with promises of skilled work in Russia, only for them to end up on the front lines of the fighting in Ukraine.Festus Omwamba was arrested on suspicion of human trafficking in the northern Kenyan town of Moyale, near the border with Ethiopia, and charged Thursday in an antiterror court in the capital, Nairobi, with specific charges of trafficking 25 Kenyans to Russia last year. Police spokesperson Michael Muchiri said Omwamba was fleeing after returning from Russia.
Ukraine says Russia launched a major aerial attack ahead of Geneva talks with US
KYIV, Ukraine (AP) — Russia launched a barrage of 420 drones and 39 missiles at Ukraine overnight, President Volodymyr Zelenskyy said Thursday, as U.S. and Ukrainian envoys prepared to hold more talks in Geneva on ending the war that is now in its fifth year.The nighttime bombardment, which included 11 ballistic missiles, targeted critical infrastructure and residential areas across eight regions of Ukraine, Zelenskyy said. Dozens of people, including children, were injured, officials said, though authorities did not immediately publish a confirmed total.
Zelenskyy... Read More
World shares are mixed and US futures slip after Nvidia earnings beat expectations
HONG KONG (AP) — U.S. futures fell while global shares were mixed on Thursday after strong-than-expected earnings from chipmaker Nvidia helped ease some investor worries over the artificial intelligence boom.In early European trading, Britain's FTSE 100 gained 0.2% to 10,824.90. France’s CAC 40 rose 0.4% to 8,593.83, while Germany's DAX down 0.2% to 25,133.39.
The future for the S&P 500 fell 0.1%, while that for the Dow Jones Industrial Average was down 0.2%.
Asian shares mostly advanced. Tokyo’s Nikkei 225 crossed the 59,000 mark for the first time,... Read More
Top Stories
- US and Iran are holding a third round of nuclear talks as more American forces deploy to the Mideast
- World shares are mixed and US futures slip after Nvidia earnings beat expectations
- A Hong Kong court quashes fraud conviction of ex-media mogul Jimmy Lai
- Third victim dies from wounds suffered in Rhode Island ice rink attack, police say
- Residents want local governments to end contracts that let ICE train on their gun ranges
- Memorial services for Jesse Jackson begin at Chicago headquarters of his civil rights organization
- Most Americans see Iran as an enemy but doubt Trump's judgment on military force, AP-NORC poll finds
- Cuba says 4 killed in speedboat shooting were attempting to infiltrate the country
- FBI fires agents who worked on Trump classified document investigation, AP sources say
- Justice Department says it's reviewing whether any Epstein-related records were mistakenly withheld
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Entertainment
- Park Chan-wook will lead the Cannes Film Festival jury, will be the 1st Korean in the role
- Singer D4vd is 'target' in investigation of killing of girl whose body was found in car in Hollywood
- AI song generator startups Suno and Udio angered the music industry. Now they're hoping to join it
- Police video shows Vince McMahon's 100 mph car crash in Connecticut
Sports
- Joel Quenneville reaches 1,000 victories, joining Scotty Bowman in an elite club for NHL coaches
- Max Scherzer and Toronto Blue Jays agree to $3 million, 1-year deal, AP source says
- Olympic star Jack Hughes returns to NHL -- missing a few front teeth
- Hilary Knight wants focus on the US women's Olympic success, not Trump's 'distasteful' joke