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Bond investors propose crisis 'pause clauses' for emerging countries

Major bond investors including Amundi and T. Rowe Price have proposed adding clauses to sovereign bonds that would allow emerging countries to pause debt payments for up to a year without defaulting in the event of a crisis.The plan from the Bondholder Working Group, a subgroup of commercial creditors of the British-backed London Coalition on Sustainable Sovereign Debt, aims to help countries grappling with short-term cash crunches, while maintaining market access.The proposal comes amid frustration among developing nations that have faced repeated external shocks, from war‑driven energy sp

German union renews calls for Commerzbank independence after UniCredit's latest push

Slovenia PM Golob's party goes into opposition after coalition talks fail

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US to host further G20 talks on war's impact on food and fertilizer

The U.S. will host further talks in coming weeks for the Group of 20 major economies on the impact of the war in the Middle East on food and fertilizer, as it continues to push for coordinated action.The U.S., current chair of the G20, will make the vow in a chair's statement about a meeting of G20 finance ministers and central bank governors held during the spring meetings of the International Monetary Fund and World Bank on April 16. A copy of the statement, released in lieu of a communique that would have required consensus by all members, was viewed by Reuters ahead of its official releas

What do we know about Anthropic's Mythos amid rising concerns?

US homebuilders brace for another challenging year as war, tariffs hurt margins

Blue Owl agrees to buy healthcare REIT Sila Realty Trust for $2.4 billion

Blue Owl Capital's real assets division has agreed to acquire Sila Realty Trust, a healthcare-focused real estate investment trust, in an all-cash deal valued at about $2.4 billion, the companies said on Monday.Blue Owl will pay $30.38 per share for all the outstanding shares of the Tampa, Florida-based REIT, a 19% premium to Sila's closing price of $25.53 on April 17, the day before the announcement.Sila, headquartered in Florida, owns 137 real estate properties and three undeveloped land parcels across 65 markets in the United States.Shares of Sila Realty Trust rose about 19% in premarket t

Rumen Radev, Russia-friendly ex-fighter pilot, sweeps Bulgaria's election

Wall St opens muted as US-Iran tensions escalate

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Psychedelic drug developers rally as Trump orders FDA to expedite reviews

Shares of psychedelic drug developers rose in premarket trading on Monday after U.S. President Donald Trump signed an executive order directing health regulators to speed up reviews of psychedelic drugs and boosted federal research funding.Shares of Atai Life Sciences jumped 26% before the bell, while Definium Therapeutics rose 14% and Compass Pathways climbed 24%. GH Research gained 17%, Enveric BioSciences added 5% and U.S.‑listed shares of Cybin were up about 15%.The executive order, issued on Saturday, tells the U.S. Food and Drug Administration to fast-track reviews of treatments such

Election|Political|US|World

Pinwheels and the ‘lobster district’: How Virginia Democrats drew up a US House map to all but lock out Republicans

Virginia Democrats hope the new congressional map they’re asking voters to approve Tuesday will flip four Republican House districts, delivering 10 of 11 seats in a state former Vice President Kamala Harris won with just 52% of the vote in 2024.Here’s how they drew it up.The plan dramatically reworks entire sections of the state, slicing up deep blue districts in the Washington, DC, suburbs and around Richmond, and creates a new district running along the Blue Ridge Mountains that connects liberal cities.Virginia’s current map, which was drawn by a pair of court-appointed redistricting e

Michigan attorney general rejects Trump administration ballot request amid broader push to challenge elections

Man kills 7 of his children plus another child in shooting in Louisiana neighborhood

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Police officer shares details about Louisiana mass shooting

A man fatally shot eight children, seven of them his own, across three Shreveport, Louisiana, homes early Sunday, according to police. It marks the nation’s deadliest mass shooting since January 2024.The children killed were three boys and five girls ranging in age from 3 to 11, the Caddo Parish Coroner’s office told CNN. They included seven siblings and a cousin, the coroner’s office said. Police said earlier the ages ranged from 1 to 14.The coroner identified the victims as Jayla Elkins, 3; Shayla Elkins, 5; Kayla Pugh, 6; Layla Pugh, 7; Markaydon Pugh, 10; Sariahh Snow, 11; Khedarrion

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Louisiana gunman killed 8 children, including 7 of his own, police say, in deadliest mass shooting since 2024

3 students, 2 others shot along nightlife district near the University of Iowa, authorities say

Trump to read Bible verse from Oval Office after feud with Pope and deleted AI image

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The tariff refund process is finally kicking off

Tariff refunds are finally happening. Well, sort of.Exactly two months after the Supreme Court struck down President Donald Trump’s most sweeping tariffs, American importers, who are owed $166 billion in refunds plus interest, can begin applying for reimbursement Monday through a new US Customs and Border Protection portal.CBP estimates that refunds will be issued within 60 to 90 days after approval, but it could take longer depending on whether additional reviews of entries are merited.The program, called the Consolidated Administration and Processing of Entries (CAPE), “is designed to co

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What we know about the killing of 8 children in Louisiana, the deadliest US mass shooting since 2024

Eight children, ranging in age from just 3 to 11 years old, were killed early Sunday morning in Shreveport, Louisiana, in a shocking act of violence that marks the nation’s deadliest mass shooting in more than two years.A father, identified as 31-year-old Shamar Elkins, fatally shot his seven children and a cousin, and critically wounded two women, including his wife, in a rampage across at least two locations before sunrise.After the shooting, which authorities described as “domestic in nature,” the gunman fled the area in a carjacked vehicle and was pursued by police, later being shot

Ceasefire at risk after US seizes Iranian ship, Iran shuns peace talks

Even Catholic Trump supporters feel conflicted over the president’s tiff with the pope

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Oil jumps, stocks ease as US-Iran ceasefire hangs in the balance

Oil prices jumped and global equities pulled back on Monday as markets grew increasingly concerned that the ceasefire between the U.S. and Iran might not hold, while tensions over the Strait of Hormuz escalated. Brent crude futures rose about 5% to $94.92 a barrel. MSCI's world share index was last down around 0.26%, with Europe's cross-regional STOXX 600 down 1.1%, after Asia's equity markets shrugged off risks to advance. S&P 500 futures were 0.54% lower.Concerns grew on Monday that the ceasefire between the United States and Iran might falter after the U.S. said it had seized an Irani

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The Latest: Pakistan prepares for upcoming peace talks despite US seizure of Iranian cargo ship

The U.S. Navy's forcible seizure of an Iranian-flagged cargo ship has thrown doubt on President Donald Trump 's announcement that U.S. negotiators would travel to Pakistan on Monday for another round of talks with Iran. Trump's announcement Sunday had raised hopes of extending a fragile ceasefire set to expire by Wednesday, but then U.S. Marines boarded the cargo ship that tried to circumvent a naval blockade near the Strait of Hormuz. Iran’s joint military command said Tehran would respond soon to what it called an act of piracy, and Iran’s Foreign Ministry s