Central banks raise rates again as Fed drives global inflation fight

Rates raised from Britain to Indonesia after the Fed moved Investors price in bigger hikes from ECB Japan steps in as yen plummets Emerging market currencies under pressure FRANKFURT/WASHINGTON, Sept 22 (Reuters) – Global central banks continued raising interest rates on Thursday, following the US Federal Reserve in a fight against inflation that is sending … Read more

Russia, West step up energy war as risk of nuclear disaster haunts Ukraine

Russia delays pipeline reopening in blow to Europe G7 finance chiefs agree on Russian oil price cap Ukraine, Russia trade blame over nuclear plant ZAPORIZHZHIA, Ukraine, Sept 3 (Reuters) – As UN inspectors sought to avert a nuclear disaster on Ukraine’s frontline, the West and Russia wounded each other’s economies, with Moscow keeping its main … Read more

Cataclysmic floods in Pakistan kill 1,100, including 380 children

The deluge has killed at least 1,100, impacted 33 million One-third of the country is under water – climate minister Climate catastrophe in Pakistan needs world’s focus – Guterres The devastation is ‘internationally driven’- UN’s Harneis CHARSADDA, Pakistan, Aug 30 (Reuters) – Torrential rains and flooding have submerged a third of Pakistan and killed more … Read more

Kenya’s Odinga says presidential election result a ‘travesty’

Odinga urges supporters to remain peaceful Calm returns to the streets of Kibera slum and Kisumu city Election result disowned by majority of election officials NAIROBI/KISUMU, Aug 16 (Reuters) – Kenyan politician Raila Odinga rejected as a “travesty” the result of the Aug. 9 presidential election he was declared to have lost to Deputy President … Read more

Ukraine calls on the world to ‘show strength’ after shelling near nuclear plant

Zelensky seeks new sanctions on Russia’s nuclear sector Ukraine and Russia trade blame on shelling near the plant IAEA has warned of disaster at the plant unless fighting stops KYIV, Aug 16 (Reuters) – Ukraine called for new sanctions on Russia and highlighted the risks and consequences of a catastrophe at Europe’s biggest nuclear plant, … Read more

Palestinian militants fire rockets at Israel after Gaza air strikes

Israeli airstrikes kill at least 10, wound dozens Islamic Jihad says will hit Tel Aviv, other cities in response Israel says strikes aimed against ‘concrete threat’ Sirens sound in Israeli cities as authorities warn of rockets GAZA, Aug 5 (Reuters) – Palestinian militants in Gaza fired dozens of rockets into Israel on Friday in response … Read more

US calls China’s military action over Taiwan unjustified, Beijing sanctions Pelosi

Taiwan plays down concerns China is staging unprecedented military drills around Taiwan Follows visit by US House Speaker Pelosi to Taipei China says it will sanction Pelosi over ‘vicious’ actions Pelosi, in Japan, joins PM Kishida in condemning China TAIPEI, Aug 5 (Reuters) – China’s firing of missiles during military drills around Taiwan was an … Read more

Sri Lankan president flees to Maldives, protesters storm prime minister’s office

President Rajapaksa flees hours before planned resignation Protesters demand ouster of Prime Minister Ranil Wickremesinghe Wickremesinghe declares emergency, rolls back soon after COLOMBO, July 13 (Reuters) – 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 … Read more

Exclusive: US weighs possible resumption of offensive arms sales to Saudis

WASHINGTON/RIYADH, July 11 (Reuters) – The Biden administration is discussing the possible lifting of its ban on US sales of offensive weapons to Saudi Arabia, but any final decision is expected to hinge on whether Riyadh makes progress toward ending the war in neighboring Yemen, according to four people familiar with the matter. Senior Saudi … Read more

‘No safe place’ from Russian artillery as offensive underway in Ukraine’s Donetsk

Heavy shelling in Luhansk and Donetsk regions Residents remain in basements of ruined Lysychansk Russians pillage Lysychansk, Sievierodonetsk, says Ukraine Moscow says Ukraine a ‘terrorist state’ KYIV/SLOVIANSK, Ukraine, July 6 (Reuters) – Ukrainian defenders fought desperately to withstand a major Russian offensive in the Donetsk region, with the enemy laying down heavy artillery fire to … Read more