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Hungary, Slovakia seek to overcome US sanctions impact on Russian gas payments

11 Dec 2024

BUDAPEST (Reuters) – Hungary and Slovakia are seeking ways to make payments for Russian gas that were thrown into uncertainty by new U.S. sanctions on Russia’s Gazprombank, officials said on Wednesday. Hungarian Foreign Minister Peter Szijjarto said he would hold talks with Russian Deputy Prime Minister Alexander Novak later on Wednesday to work out a …

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Swiss contributions to EU likely to rise under new deal, reports say

11 Dec 2024

ZURICH (Reuters) – Swiss financial contributions towards the European Union are set to rise significantly under a deal to deepen bilateral trade relations Brussels and Bern are negotiating, Swiss national broadcaster SRF reported on Wednesday. Citing sources, SRF said Switzerland would likely end up paying around 350 million Swiss francs ($396 million) a year to …

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Italian prosecutors investigate potential manslaughter in Eni fuel depot blast, sources say

11 Dec 2024

FLORENCE, Italy (Reuters) – Italian prosecutors on Wednesday opened a probe into possible manslaughter following an explosion at a fuel depot facility near Florence owned by Italian energy firm Eni that killed five people, two judicial sources said. The sources added that prosecutors were also looking to see if precautions against workplace accidents were knowingly …

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Syria events show risks for countries relying on Russia, says German minister

11 Dec 2024

By Sabine Siebold BAGHDAD (Reuters) -Developments in Syria show that countries that have a strategic partnership with Russia can rely on Moscow only as long as they are of use to President Vladimir Putin, German Defence Minister Boris Pistorius said on Wednesday. During a short visit to Jordan, Pistorius made a stopover at the Al-Azraq …

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Verdict on Swiss handling of Credit Suisse meltdown to set tone for UBS

11 Dec 2024

By Ariane Luthi and Oliver Hirt ZURICH (Reuters) – A long-awaited report on how Swiss authorities handled the collapse of Credit Suisse is due to be published in the coming days, potentially paving the way for stricter oversight of its new owner UBS. Credit Suisse, which was once a pillar of the financial establishment and …

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Russia says Ukraine fired US-supplied ATACMS missiles at airfield, vows revenge

11 Dec 2024

MOSCOW (Reuters) – Russia’s Defence Ministry said that Ukraine had attacked a military airfield in the southern Russian city of Taganrog on Wednesday morning with six U.S.-supplied ATACMS missiles and promised retaliation. The ministry said in a statement that all six missiles had been shot down or intercepted, but that falling missile debris had caused …

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Russia could launch another new missile in Ukraine soon, US official says

11 Dec 2024

WASHINGTON (Reuters) – Russia could launch another experimental hypersonic ballistic missile in Ukraine in coming days, but Washington does not consider the Oreshnik weapon a game changer in the war, a U.S. official said on Wednesday. “We assess that the Oreshnik is not a game-changer on the battlefield, but rather just another attempt by Russia …

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Friedrich Merz, the veteran politician tipped to be Germany’s next chancellor

11 Dec 2024

By Thomas Escritt BERLIN (Reuters) – Ten weeks away from elections and with a double-digit lead over his closest rival’s party, conservative leader Friedrich Merz is getting used to being feted as Germany’s next Chancellor. The 68-year-old, whose trip to Kyiv this week highlighted his growing stature, faces an ill-tempered country mired in its worst …

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Germany on path for early election after Scholz requests confidence vote

11 Dec 2024

BERLIN (Reuters) – German Chancellor Olaf Scholz sent a request to parliament on Wednesday to hold a vote of confidence on Dec. 16, setting a path to an early federal election next year after the collapse of his coalition. Policymaking in Europe’s biggest economy has largely ground to a halt since Scholz’s fractious coalition of …

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