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US, partners making progress on ways to use frozen Russian assets, Treasury official says

By Andrea Shalal WASHINGTON (Reuters) -The United States and its G7 partners are making progress on finding ways to provide larger amounts of urgently needed funds to Ukraine by tapping the value of profits earned on frozen Russian assets, a senior U.S. Treasury official said on Tuesday. Brent Neiman, assistant secretary for international finance, said …

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Portugal to use golden visa scheme to help migrants, build affordable homes

By Catarina Demony and Patricia Vicente Rua LISBON (Reuters) – Portugal plans to adapt its golden visa scheme to allow wealthy foreigners seeking residency rights to invest in affordable housing for locals or accommodation for migrants, the cabinet affairs minister told Reuters on Tuesday. Antonio Leitao Amaro said the scheme – called a “solidarity visa” …

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Poland’s Tusk says EU vote crucial for keeping war outside the bloc

WARSAW (Reuters) – Thousands of supporters of Polish Prime Minister Donald Tusk gathered in the capital Warsaw on Tuesday ahead of European elections that the head of government says are crucial for Poland’s security as it faces increased tensions on its eastern border. With war raging in Ukraine and a migrant crisis on the Belarus …

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Spanish court summons PM Sanchez’s wife over corruption allegations

MADRID (Reuters) -A Madrid court has summoned Begona Gomez, wife of Spanish Prime Minister Pedro Sanchez, to appear before a judge on July 5 over allegations of corruption and influence peddling that spurred her husband to consider resigning in April. The request was made as part of a preliminary inquiry into whether she had used …

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EU finance ministers to discuss leveraging Russian assets on Wednesday

By Jan Strupczewski BRUSSELS (Reuters) – European Union finance ministers will hold a videoconference on Wednesday on a G7 proposal to leverage Russian central bank assets immobilised in the West to allow Kyiv swiftly to receive a loan of around $50 billion, senior euro zone officials said. The size of the loan has not yet …

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Kremlin calls Microsoft Paris disinformation allegations ‘absolute slander’

MOSCOW (Reuters) – The Kremlin on Tuesday described allegations by Microsoft that Russia has stepped up an online disinformation campaign taking aim at France and the upcoming Paris Olympics as “absolute slander”. Microsoft said in a blog post published on Sunday that the campaign, which it said included falsified news websites and a feature-length documentary …

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Russian missile attack on Ukraine’s Dnipro injures eight people, including two children

KYIV (Reuters) -A Russian missile attack on Ukraine’s central city Dnipro injured eight people, including two children, and damaged civilian infrastructure in early hours of Tuesday, Ukrainian authorities said. The Ukrainian air force said it shot down two Iskander-K cruise missiles over the region. The missile debris damaged civilian infrastructure, causing a fire and injuring …

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Exclusive-Europeans’ draft IAEA resolution presses Iran on particles, inspectors

By Francois Murphy VIENNA (Reuters) -A draft resolution European powers submitted to the U.N. nuclear watchdog’s Board of Governors on Monday for a vote this week presses Iran again to explain uranium traces found at undeclared sites and also covers issues such as its barring of inspectors. The text seen by Reuters follows a resolution …

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Olympics-French apathy and cost concerns dampen mayors’ bid to stoke Games fervour

By Elizabeth Pineau LA BAULE-ESCOUBLAC, France (Reuters) – When a group of mayors paid tens of thousands of euros each to bring the Olympic torch to their towns along France’s Atlantic coast, a row erupted over whether the cost represented value for money at a time when public spending is under pressure. Franck Louvrier, the …

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German army to boost Rheinmetall artillery shell order by 200,000, document shows

BERLIN (Reuters) -The German army intends to order 200,000 more artillery shells from armsmaker Rheinmetall than it had planned, a letter seen by Reuters on Tuesday from the Defence Ministry to parliament’s budget committee. The army plans to get 200,000 additional 155mm artillery shells worth about 880 million euros ($960 million) within its framework agreement …

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