Dollar jumps, euro breaks parity after consumer prices surge
The dollar surged to a 20-year high against a basket of currencies and the euro broke below parity against the greenback after data on Wednesday showed US consumer price inflation ...
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US calls for immediate halt to Russian deportations in Ukraine
The United States called on Russia to immediately release Ukrainians it has forced out of their home country and allow outside observers, citing reports Moscow was putting Ukrainian children up ...
French Senate report criticises security flaws over Champions League disorder
A French Senate report on Wednesday slammed organisational failings that resulted in crowd disorder and crime at May’s Champions League soccer final between Liverpool and Real Madrid, which sparked ...
Sri Lankan president flees to Maldives, protesters storm PM’s office
Sri Lankan President Gotabaya Rajapaksa fled to the Maldives on Wednesday,bringing to an apparent end his family’s near two-decade dominance of the country after a massive popular uprising ...
Biden lands in Israel at start of high-stakes Middle East visit
U.S. President Joe Biden arrived in Israel on Wednesday, kicking off a high-stakes trip to the Middle East dominated by efforts to persuade Gulf allies to pump more oil ...
Eight hopefuls wanting to be next UK PM face first vote to narrow field
Conservative lawmakers will begin voting shortly to narrow the field of eight candidates hoping to succeed Boris Johnson as party leader and prime minister, in an increasingly fractious contest marked ...
Two-thirds of Ukraine refugees plan to stay put for now – UN
Around two-thirds of refugees from Ukraine expect to stay in their host countries until hostilities subside and the security situation improves after Russia’s invasion, a survey by the United ...
Turkey reports deal to restore Ukrainian grain exports, UN says more work needed (update)
Russia, Ukraine, Turkey and the United Nations are due to sign a deal next week aimed at resuming Ukraine’s Black Sea grain exports, but U.N. chief Antonio Guterres ...
Taking charge of DC United not a backward step, says Rooney
Wayne Rooney said taking over as head coach of DC United was not a “backward step” after the Major League Soccer club confirmed the former Manchester United and England forward’...
EU edges closer to ending ‘too-big-to-fail’ banks by 2024
The European Union’s body for dismantling failed banks said on Wednesday it would ratchet up pressure on lenders over the coming months to bolster their defences so that none ...
Russia says EU ban on goods transit to Kaliningrad ‘not resolved’
The Kremlin said on Wednesday it was expecting progress over a possible European Union deal to allow Russia to transit some sanctioned goods to its Kaliningrad exclave via the EU, ...
Trump and Musk poke fun at one another
Donald Trump ratcheted up attacks on Tesla’s CEO Elon Musk, after Musk said Trump was too old to become the next U.S. president and Trump needed to “sail ...
Oil edges higher; market wary of US inflation data
Oil edged up on Wednesday, a day after settling below $100 a barrel for the first time since April, and gains were limited by a US supply report showing rising inventories ...
Heatwaves hammer millions in China’s populated Yangtze River basin
Searing heatwaves swept across China’s vast Yangtze River basin on Wednesday, hammering densely populated megacities from Shanghai on the coast to Chengdu deep in the heartlands.
More than 90 red ...
Euro clings to parity as markets await US inflation data
The euro was hovering just above parity with the US dollar on Wednesday while traders focused on US data due later in the session that is expected to show inflation ...
Gas and nuclear power plants are not climate friendly says Austria, will challenge EU rules
Austria is seeking support from other European Union countries for its legal challenge to the bloc’s rules labelling investments in gas and nuclear power plants as climate-friendly, the climate ...
Egypt raises domestic fuel prices in quarterly review
Egypt’s fuel pricing committee in a quarterly review on Wednesday raised domestic fuel prices by 0.50 Egyptian pounds for 80-octane, 92 octane petrol, and diesel while 95-octane petrol was raised by 1 ...
Turkey, Russia, Ukraine, U.N. set to meet on grain exports
Russian, Ukrainian and Turkish military delegations are set to meet U.N. officials in Istanbul on Wednesday for talks on a possible deal to resume safe exports of Ukraine grain ...
China says it ‘drove’ away U.S. destroyer that sailed near disputed isles
A U.S. destroyer sailed near the disputed Paracel Islands in the South China Sea on Wednesday, drawing an angry reaction from Beijing, which said its military had “driven away” ...
Trump incited Jan. 6 attack after ‘unhinged’ White House meeting, panel told
U.S. lawmakers on Tuesday accused Donald Trump of inciting a mob of followers to attack the U.S. Capitol on Jan. 6, 2021, in a last-ditch bid to remain in power ...
Twitter sues Elon Musk to hold him to $44 billion deal
Twitter Inc TWTR.N sued Elon Musk for violating his $44 billion deal to buy the social media platform and asked a Delaware court to order the world’s richest person ...
G20 watchdog to propose first global crypto rules in October
The Financial Stability Board (FSB) said on Monday it would propose “robust” global rules for cryptocurrencies in October, following recent turmoil in markets that has highlighted the need to regulate ...
Magnitude 6.6 earthquake strikes Easter Island region -EMSC
An earthquake of magnitude 6.6 struck the Easter Island region in the Pacific Ocean near Chile on Tuesday, the European Mediterranean Seismological Centre (EMSC) said.
The quake was at a depth ...
U.S. climate envoy: Europe’s return to coal should be temporary
Moscow’s war in Ukraine must not sideline European Union efforts to cut carbon emissions even as the continent is forced to turn back to coal to cope with reduced ...