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By Mike Collett-White WEST OF SOLEDAR, Ukraine (Reuters) -Ukrainian troops, on the defensive for four months, will launch a long-awaited counterassault “very soon” now that Russia’s huge winter offensive is losing steam without taking Bakhmut, Ukraine’s top ground forces commander said on Thursday. The remarks were the strongest indication yet from Kyiv that it is …

Ukraine says Russia’s Bakhmut assault loses steam, counterstrike coming soon Read More »

By Guy Faulconbridge MOSCOW (Reuters) – Any attempt to arrest President Vladimir Putin after the International Criminal Court (ICC) issued a warrant for the Kremlin chief would amount to a declaration of war against Russia, his ally Dmitry Medvedev said on Thursday. The ICC issued an arrest warrant on Friday, accusing Putin of the war …

Any attempt to arrest Putin would be declaration of war on Russia, ally says Read More »

(Reuters) – Citigroup downgraded Europe’s banking sector, warning the rapid pace of interest rate hikes will further weigh on economic activity and lenders’ profits, and said it expects the region-wide equities index to remain near current levels by the end of the year. The Wall Street brokerage cut its rating on European banks to “neutral” …

Citigroup downgrades European Banks, sees STOXX 600 little changed by year-end Read More »

FRANKFURT/LONDON (Reuters) -The European Central Bank will need to raise interest rates further if inflation develops along the path it forecast last week and it is far too soon to talk about cutting rates, Bundesbank President Joachim Nagel said on Wednesday. The ECB last week raised rates by 50 basis points to 3% but provided …

Stubborn inflation may require more ECB rate hikes: Nagel Read More »

JERUSALEM (Reuters) -Israel tried on Wednesday to calm international concern over its amending of a law that had ordered the 2005 evacuation of settlers from an area of the occupied West Bank, saying it had no intention of building new settlements there. Tuesday’s repeal in parliament of elements of the “disengagement law” would allow Israelis …

Israel says no plan for new settlements in West Bank area evacuated in 2005 Read More »

By Piroschka van de Wouw AMSTERDAM (Reuters) – Badgers have dug out a home underneath a major rail line in the Netherlands, leaving tens of thousands of passengers facing delays. Train traffic has been halted, possibly for weeks, between two major southern cities, Den Bosch and Eindhoven, due to worries that the badgers’ tunnels have …

Burrowing badgers threaten to undermine Dutch rail system Read More »

By John O’Donnell and Alexandra Schwarz-Goerlich VIENNA (Reuters) – Russia will always remain important for Europe, Austria’s foreign minister said, saying that to think otherwise was delusional. Alexander Schallenberg also defended the country’s second-biggest bank, Raiffeisen Bank International, saying it was unreasonable to single out the lender for doing business in Russia while so many …

Austrian minister says Russia will remain important for Europe Read More »