Decision on digital pound over two years away, Bank of England says
No decision will be made for at least a couple of years on whether Britain will go ahead with a central bank digital currency for the general public, the Bank ...
Costa to invite Lebanon President Aoun to Brussels
European Council President Antonio Costa will invite Lebanon’s new President Joseph Aoun to Brussels, Cypriot government spokesman Konstantinos Letymbiotis said on Tuesday.
Letymbiotis said President Nikos Christodoulides had encouraged ...
Spain reaffirms support for Cyprus talks
In accordance with UN resolutions, Spain has reaffirmed its support for attempts to reopen discussions on the Cyprus problem to create a bizonal, bicommunal federation. The promise was made on ...
Spain and Cyprus urge EU cooperation on migration solutions
Francina Armengol, the chairwoman of Spain’s Congress of deputies, the lower of its two legislative chambers, on Tuesday said her country and Cyprus must “join forces” with the European ...
US sanctions cripple Russia’s arctic oil exports
Russia’s vast Arctic oil business is facing major disruption from US sanctions on its tankers and depots, stranding crude supplies previously snapped up by Asian buyers in storage, according ...
Ukraine fired U.S. and British missiles at Russia, Moscow says
Moscow said on Tuesday that Ukraine had fired six U.S.-made ATACMS ballistic missiles, six UK-made Storm Shadow cruise missiles and at least 146 drones into Russia in an attack ...
Poll shows right-wing Reform in close second behind Labour Party
Brexit campaigner Nigel Farage’s right-wing Reform UK is Britain’s second most popular political party and sits just one percentage point behind the governing Labour Party, according to an ...
Fresh term for Turkey’s Erdogan ‘on our agenda’, ruling party spokesman says
Paving the way for Turkish President Tayyip Erdogan to run for a fourth term in office is “on our agenda”, the spokesman for the president’s ruling party said on ...
gaza hostages
Gaza ceasefire deal close after ‘breakthrough’ in Doha
Negotiators were meeting in Qatar on Tuesday hoping to finalise a plan to end the war in Gaza, after U.S. President Joe Biden indicated a ceasefire and hostage release ...
los angeles wildfires
Los Angeles firefighters brace for return of extreme winds
Los Angeles firefighters on Tuesday braced for the return of dry, intense winds that could recharge two monstrous wildfires that have already killed at least 24 people, leveled entire neighborhoods and ...
Greek tourism sector ends 2024 on a high note
The Greek tourism sector concluded 2024 with record-breaking performance, setting an optimistic tone for the future.
Although official data from the Bank of Greece is expected in the coming months, a ...
US bank profits likely boosted by higher deal fees, trading
US banks will probably report stronger earnings this week, fueled by robust dealmaking and trading in the fourth quarter.
The six biggest US lenders have benefited from a resurgence in ...
London financial job vacancies hit 4.5-year low in Q4, says recruiter
The number of job vacancies in London’s financial sector dropped by almost a fifth in the last three months of 2024 compared with the previous quarter, to its lowest level ...
Iraq PM says he will sign security deal with Britain
Iraqi Prime Minister Mohammed Shia al-Sudani said he would sign a bilateral security deal with Britain as well as a strategic partnership accord as he headed to London for an ...
Rutte says NATO must spend smarter on defence or face bill of 3.7 per cent of GDP
NATO chief Mark Rutte said on Monday the alliance’s military capability targets may require members to spend as much as 3.7% of GDP on defence but this figure could be ...
Oscar nominations postponed for second time because of wildfires
The Academy of Motion Picture Arts & Sciences has postponed the announcement of this year’s Oscar nominations for a second time because of the ongoing wildfires in Los Angeles, ...
Southern Japan hit by strong quake near Nankai Trough region
Southern Japan was hit by a strong earthquake on Monday that authorities said did not warrant the kind of megaquake warning that was triggered for the first time last year.
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Biden forgives student loans for 150,000 borrowers, bringing total to 5 million
President Joe Biden said on Monday his administration would cancel student loans for more than 150,000 borrowers, targeting those who attended schools that defrauded students, those with permanent disabilities and public ...
Lebanon’s Salam wins enough support to become PM, angering Hezbollah
Nawaf Salam, the head of the International Court of Justice, won enough support to become Lebanon’s next prime minister after a majority of lawmakers backed him for the post ...
Climate activists deface Darwin’s grave at Westminster Abbey
Climate activists from Just Stop Oil painted over the grave of British naturalist Charles Darwin at London’s Westminster Abbey on Monday.
Two activists entered Westminster Abbey – Britain’s site ...
Los Angeles on high alert with extreme winds due to return
Dangerously high winds were expected to resume on Monday in Los Angeles, potentially hampering efforts to extinguish two stubborn wildfires that have leveled whole neighborhoods and claimed the lives of ...
Israel’s December deficit hits $5.2 billion
Israel posted a budget deficit of 19.2 billion shekels ($5.2 billion) in December, the Finance Ministry said on Monday, citing high expenses to finance the wars with the Palestinian Islamist militant group ...
Starmer plans to make Britain AI ‘superpower’
British Prime Minister Keir Starmer said he wanted to make the UK an artificial intelligence “superpower”, promising to take a pro-innovation approach to regulation, make public data available to researchers ...
Large UK companies plan to cut hiring at fastest pace since pandemic, Deloitte says
Large British businesses plan to cut hiring this year at the fastest pace since the COVID-19 pandemic and scale back investment due to big tax rises announced in the government’...