Full force of central banks siphoning world liquidity
Coordinated or not ahead of this month’s G7 summit, global central banks are accelerating interest rate hikes but also actively draining the giant pool of cash swilling around world ...
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Russian economy may need a decade to return to pre-sanctions levels
Russia’s economy may need a decade to return to the pre-sanctions levels of 2021, the chief executive of the country’s top bank Sberbank SBER.MM said on Friday, as ...
Support for refugees rises amid Ukraine war exodus
The world has become more compassionate towards refugees, according to a survey by pollster Ipsos published on Friday, a finding it said suggested the war in Ukraine had increased public ...
Russian gas flows to Europe below demand, threaten storage buildup
Russian gas flows to Europe fell short of demand again on Friday, coinciding with an early heat wave gripping its south and boosting benchmark prices on concerns the continent may ...
Brussels proposes Ukraine become EU membership candidate
The European Commission recommended on Friday that the European Union designate Ukraine as a candidate for membership, a milestone in its path from a former Soviet republic towards a developed ...
UK gives go-ahead to U.S. extradition of WikiLeaks’ founder Julian Assange
British interior minister Priti Patel on Friday approved the extradition of WikiLeaks’ founder Julian Assange to the United States to face criminal charges, bringing his long-running legal saga closer to ...
Elon Musk sued for $258 billion over alleged Dogecoin pyramid scheme
Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency.
In a complaint filed in federal ...
France’s Macron sceptical on Russia Odesa grain deal, sees Romania option
France’s president said on Friday he saw little chance of an agreement with Russia, for now, to get grain out the Ukrainian port of Odesa, but said there were ...
WTO strikes global trade deals after ‘roller coaster’ talks
The World Trade Organization agreed the first change to global trading rules in years on Friday as well as a deal to boost the supply of COVID-19 vaccines in a ...
Gas flows from Germany to France have halted due to reduced Russian deliveries
Gas flows to France from Germany have been at a halt since June 15, France’s pipeline operator GRTgaz said on Friday, citing the effects of reduced Russian deliveries.
“GRTgaz remains ...
2026 World Cup ‘invasion’ will develop North American love for football
North America’s historical ambivalence to football is no match for the spectacle of the 2026 World Cup, FIFA president Gianni Infantino said on Thursday, as he bids to make the ...
McIlroy trails US Open leader Hadwin by one, Mickelson struggles
Tournament favourite Rory McIlroy was among the five-man pack sitting one shot back of Canada’s Adam Hadwin after the first round of the U.S. Open on Thursday while ...
London’s Gatwick caps summer flight numbers over staff shortages
London’s Gatwick airport said on Friday it will limit the number of flights during the summer travel season in light of continuing labour shortages, a move that will force ...
Warriors crush Celtics for fourth NBA Championship in eight years
The Golden State Warriors beat the Celtics 103-90 in Game Six of the NBA Finals in Boston on Thursday to win the Championship trophy for the fourth time in eight ...
Republican walks out on U.S. gun legislation talks, Democrat remains hopeful
The lead Republican negotiator in U.S. Senate efforts to craft a bipartisan gun safety bill walked out of the talks while the lead Democrat remained optimistic that lawmakers could ...
Israeli forces kill 3 Palestinian gunmen in West Bank -Israeli army
Israeli troops killed three Palestinian gunmen during a fire fight in the occupied West Bank on Friday, Israel’s military said.
The military said soldiers operating in the area of ...
Europe steps up support for Ukraine as Russia presses offensive
Britain will host talks on rebuilding key infrastructure in Kyiv on Friday, a day after the leaders of Germany, France and Italy visited Ukraine and offered it the hope of ...
Netherlands says Russian spy caught seeking war crimes court internship
The Dutch intelligence service said it had uncovered a Russian military agent attempting to use a false identity to infiltrate the International Criminal Court (ICC) which is investigating accusations of ...
European leaders talk up EU prospects for Ukraine in first visit since war began
President Volodymyr Zelenskiy on Thursday won backing from the leaders of France, Germany, Italy and Romania to give Ukraine European Union candidate status, while urging them to send more weapons ...
UK-EU trade war? Sefcovic says all options are on the table
The European Union will keep all options on the table in terms of its response to Britain’s move to override some post-Brexit rules for Northern Ireland, Maros Sefcovic said ...
U.S. has not asked Russia about two missing Americans, reports of third
The United States said on Thursday it has not asked Russia about two U.S. citizens reported missing after traveling to Ukraine to fight against Russian forces and said there ...
Prior infection plus 3 vaccine doses proves best vs Omicron
The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to be certified by ...
In call with Twitter staff, Elon Musk muses on space aliens, company’s future
Elon Musk addressed Twitter TWTR.N employees for the first time on Thursday, expressing his view that Twitter would need to cut its headcount, but offering few other new details ...
Russia says it is assisting exports of Ukrainian foodstuffs via Azov Sea
Russia said on Thursday it was facilitating the export of grain and oilseeds from Ukraine through Russian-held transit points on the Azov Sea, without explaining who was providing the foodstuffs ...