Egypt’s import squeeze hobbles economy as dollars run short
Christeen Aiad from eastern Cairo had been hoping to buy a small automatic car this year, but rules preventing importers trading in scarce dollars put paid to that and she ...
Articles
Apple drops plan to boost iPhone production as demand falters
Apple Inc is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize, Bloomberg News reported on Tuesday, citing people ...
IMF latest to criticise UK economic policy, Bank of England to make big response
The International Monetary Fund openly criticised Britain‘s new economic strategy, following another slide in bond markets that forced the Bank of England to promise a “significant” response to stabilise ...
Millions urged to evacuate as Florida Gulf Coast braces for Hurricane Ian
Florida Gulf Coast residents emptied grocery shelves, boarded up windows and fled to evacuation shelters as Hurricane Ian churned closer on Wednesday, lashing the state’s southern tip hours before ...
Italy’s Meloni tells Ukraine it can count on her
Nationalist leader Giorgia Meloni, set to become Italy’s next prime minister, has pledged her full support for Kyiv after receiving congratulations from Ukrainian President Volodymyr Zelenskiy for her election ...
Cuba entirely without power after Hurricane Ian causes grid to collapse
Cuba‘s electrical grid collapsed late on Tuesday, local officials said, leaving the entire country in the dark shortly after Hurricane Ian plowed through the western end of the island ...
The Dow is in a bear market. What does that mean?
The Dow Jones Industrial Average, the oldest of Wall Street’s three main stock indexes, dropped 1.1 per cent on Monday, extending the decline from its January peak to more than 20 ...
Cryptoverse: Bitcoin miners get stuck in a bear pit
Spare a thought for the beleaguered bitcoin miner.
In late 2021, miners were the toast of the town with a surefire path to profit: hook powerful computers up to cheap power, ...
Iran security forces clash with protesters over Amini’s death
Iranian riot police and security forces clashed with demonstrators in dozens of cities on Tuesday, state media and social media said, as protests raged on over the death of young ...
Europe investigates ‘attacks’ on Russian gas pipelines to Europe
Europe was investigating on Tuesday what Germany and Denmark said were attacks which had caused major leaks into the Baltic Sea from two Russian pipelines at the centre of an ...
Pummelled pound faces long road back as investor confidence shredded
Sterling’s slide to record lows leaves it staring at parity with the dollar. Whether or not it hits the symbolic level, investors say Britain’s new government has dealt ...
Southgate’s loyalty to be tested by Maguire dilemma
Even Gareth Southgate’s unshakeable loyalty to players that have served him well during his England reign will be tested to the limit by the dilemma he faces over Harry ...
Moscow’s proxies in occupied Ukraine regions report big votes to join Russia (Update)
Russian-installed officials in occupied regions of Ukraine reported huge majorities on Tuesday in favour of becoming part of Russia after five days of voting in so-called referendums that Kyiv and ...
Iran security forces clash with protesters over young woman’s death
Iranian riot police and security forces clashed with demonstrators in dozens of cities on Tuesday, state media and social media said, amid continuing protests against the death of young Iranian ...
US state legislative races carry high stakes for abortion access
Maine state Representative Reagan LaRochelle didn’t spend much time discussing abortion with voters when she ran for office last year. But she said the conversation has changed after the ...
Philippines to shut 175 offshore gambling firms
The Philippines will stop operations of 175 offshore gambling firms and deport about 40,000 Chinese workers, a justice ministry official said on Monday, part of a crackdown on the notoriously opaque online ...
Russia issues new nuclear warning as it wraps up contested Ukraine referendums
An ally of President Vladimir Putin issued a stark new nuclear warning to Ukraine and the West on Tuesday as referendums billed by Russia as a prelude to it annexing ...
Oil rises as focus turns to possible supply cuts
Oil prices rose more than 1 per cent on Tuesday, after plunging to nine-month lows a day earlier, amid indications that producer alliance OPEC+ may enact output cuts to avoid a ...
Bitcoin bounces above $20,000 for first time in about a week
Bitcoin broke above $20,000 on Tuesday for the first time in about a week, as cryptocurrencies bounced, along with other risk-sensitive assets, in Asian trade.
The biggest cryptocurrency by market value, ...
Reversing UK confidence crash requires policy U-turn: economists
Rock-bottom investor confidence in Britain will only recover with a U-turn of the economic plan announced last week by finance minister Kwasi Kwarteng, US economist Larry Summers and J.P. ...
Suspected German ‘fans’ attack pub customers before Wembley clash
Scores of suspected German football fans attacked customers at a London pub ahead of England’s 3-3 Nations League draw with Germany on Monday, injuring several people, three seriously, police ...
Fury says Joshua fight is off as no contract signed
WBC world heavyweight champion Tyson Fury has called off his proposed ‘Battle of Britain’ bout with Anthony Joshua, saying his compatriot had not signed the contract before Monday’s deadline.
...
Nationalist Meloni set to smash Italy’s glass ceiling, become premier
Rightist bloc wins Italy vote, Meloni’s party out front
Meloni likely to be Italy’s first female prime minister
Her party has never repudiated post-fascist roots
By Crispian Balmer
...
Putin likely to announce accession of occupied regions of Ukraine on Sept. 30
Russian President Vladimir Putin is likely to announce the accession of occupied regions of Ukraine to the Russian Federation during his address to parliament on Sept. 30, the British Ministry of ...