Russian lawmaker introduces bill pushing back conscription age
A senior Russian lawmaker on Monday introduced a bill to push back the age of conscription to compulsory military service to 21-30 years from the current 18-27 years.
The bill ...
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Sunak rules out law change for return of Parthenon marbles
British Prime Minister Rishi Sunak ruled out changing a law which prohibits the British Museum handing the Parthenon marbles permanently back to Greece.
Sunak said there are no plans to ...
Signature Bank becomes next casualty of banking turmoil after SVB
State regulators closed New York-based Signature Bank SBNY.O on Sunday, the third largest failure in U.S. banking history, two days after authorities shuttered Silicon Valley Bank SIVB.O ...
Turkey’s quake toll tops 48,000 as govt races to build container cities
The death toll in Turkey from last month’s major earthquakes has risen to 48,448, Interior Minister Suleyman Soylu said on Monday, as authorities rush to set up container cities to ...
Pope Francis marks 10th anniversary with Mass and podcast
Pope Francis marks 10 years as head of the Roman Catholic Church on Monday celebrating Mass with cardinals in the chapel of the Vatican’s Santa Marta hotel where he has ...
As banks break, markets hear the sound of peaking rates
Investors scrambled to pull down global rate expectations on Monday and abandoned wagers on steep US hikes next week, reckoning the biggest American bank failure since the financial crisis will ...
European bank stocks plunge again as SVB market turmoil continues
Bank shares in Europe and Asia plunged on Monday as the collapse of startup-focused Silicon Valley Bank continued to batter markets, while US large banks failed to hold onto a ...
Experts flag moral hazard risk as US intervenes in SVB crisis
US regulators may have stemmed a banking crisis by guaranteeing deposits of collapsed Silicon Valley Bank (SVB), but some experts warn that the move has encouraged bad investor behaviour.
Following ...
BBC seeks to end crisis by reinstating Gary Lineker
Britain’s BBC reinstated its highest-paid presenter Gary Lineker on Monday after its suspension of the former England football captain for criticising state immigration policy brought a public backlash and ...
Bank rescue buys stability at a high price
The biggest US banks are so tied up in regulatory red tape that they couldn’t cause a crisis if they tried. The 16th largest, though? That’s a different ...
UK doctors begin strike likely to be ‘most disruptive’ for health service
Thousands of junior doctors in Britain walked out on Monday in a three-day strike that will disrupt patient care, as they protest over pay they say can work out at ...
North Korea launches missiles from submarine as U.S.-South Korean drills begin
Nuclear-armed North Korea test-fired two strategic cruise missiles from a submarine on Sunday, state news agency KCNA said on Monday, just as U.S.-South Korea military drills were due ...
Scheffler romps to Players Championship win, reclaims top ranking
Scottie Scheffler ran away with the Players Championship title on Sunday and along with it took the number one world ranking and the PGA Tour’s richest purse of $4.5 million.
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England far behind the best teams – Borthwick
England coach Steve Borthwick admitted his team were a long way behind the world’s best sides after France inflicted a record 53-10 drubbing on their hosts at Twickenham in ...
Two decades after Saddam’s fall, Iraqis still haunted by disappearances
When he first heard that U.S. troops had toppled Saddam Hussein, Iraqi engineer Hazem Mohammed
File photo: Saddam Hussein testifies during his trial at the fortified Green Zone in ...
Planes at Berlin, Hamburg and Bremen airports grounded due to strike
Berlin, Bremen and Hamburg airports said no commercial flights would take off on Monday due to a strike by trade union Verdi over pay.
“Due to the warning strike by ...
Tech execs race to save startups from ‘extinction’ after SVB collapse
Technology executives, prominent venture capitalists and founders including OpenAI CEO Sam Altman raced this weekend to keep alive companies caught up in the collapse of Silicon Valley Bank (SIVB.O).
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Ukraine, Russia locked in brutal battle in Bakhmut, casualties mount
Ukrainian forces faced relentless Russian attacks on Bakhmut in its eastern Donetsk region on Monday, with both sides reporting mounting enemy casualties as they battled across a small river that ...
Silicon Valley Bank’s fall widens systemic cracks as cheap money vanishes
Cracks are appearing in the global financial system as the decade-long era of cheap money ends, with some investors worrying the shock collapse of Silicon Valley Bank signals world markets ...
Explainer: What caused Silicon Valley Bank’s failure?
SVB Financial Group Inc’s (SIVB.O) shutdown and takeover by banking regulators on Friday can be traced to the US Federal Reserve raising interest rates and souring the risk ...
Offbeat multiverse movie ‘Everything Everywhere’ dominates the Oscars
“Everything Everywhere All at Once” won the coveted best picture trophy at the Academy Awards on Sunday as Hollywood embraced an off-kilter story about a Chinese-American family working out their ...
US weighs new fund to backstop deposits if more banks fail
The US Federal Reserve and the Federal Deposit Insurance Corp are weighing the creation of a fund that would allow regulators to backstop more deposits at banks that run into ...
Eight dead after two boats capsize near San Diego
At least eight people have died after two fishing boats capsized off the coast of San Diego, California, emergency officials said on Sunday.
San Diego Fire-Rescue said in a statement ...
West Ham out of relegation zone with 1-1 draw v Villa
West Ham United drew 1-1 with Aston Villa in the Premier League on Sunday, with Said Benrahma scoring from the penalty spot to cancel out Ollie Watkins’s early opener, ...