By Rodrigo Campos and David Lawder (Reuters) -The International Monetary Fund expects Ukraine to continue to service its foreign debt, an IMF spokesman said on Thursday as speculation grows that Kyiv could default on its debt as its battle against Russia’s invasion rages on. At the moment Ukraine is servicing its debt in an orderly …
IMF says it expects Ukraine to keep paying debt despite default speculation Read More »
KHIMKI, Russia (Reuters) – A Russian basketball club director gave evidence in support of U.S. Women’s National Basketball Association (WNBA) star Brittney Griner on Thursday in her third appearance in a Russian court on drugs charges carrying a possible jail sentence of up to 10 years. Griner, the two-time Olympic gold medalist who has played …
Russian basketball boss defends Brittney Griner in drugs trial Read More »
CAIRO (Reuters) – The Iranian foreign ministry summoned the Swedish chargé d’affaires in Tehran on Thursday and handed him a note of protest over a Swedish court sentence against the former Iranian official Hamid Noury, Iran’s Arabic-language television network Al Alam reported. A Swedish court sentenced Noury to life in prison for his part in …
By Ann Saphir (Reuters) – Two of the Federal Reserve’s most hawkish policymakers on Thursday said they favored another 75-basis-point interest rate increase at the U.S. central bank’s policy meeting this month, not the bigger rate hike traders had raced to price in after a report Wednesday showed inflation was accelerating. The remarks from Fed …
Fed hawks say they want 75 basis point rate hike in July Read More »
By Andrea Shalal NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said Russian President Vladimir Putin’s war against Ukraine was causing a negative spillover around the world and Russian officials had no place at this week’s meeting of the Group of 20 major economies. Speaking at a news conference on the …
Yellen says Russian officials have no place at G20 meeting Read More »
ROME (Reuters) – Prime Minister Mario Draghi’s government is on the brink of collapse after the 5-Star Movement said it won’t take part in a parliamentary confidence vote on a cost-of-living aid package scheduled for Thursday. Here are possible scenarios after the Senate vote, which could unleash political chaos in the country. DUCK THE VOTE, …
Factbox-Possible scenarios as Italy’s government faces collapse Read More »
By Catarina Demony, Miguel Pereira and Rodrigo Antunes OURÉM, Portugal (Reuters) -Several wildfires swept across Portugal’s central region on Tuesday, forcing the evacuation of hundreds of locals as firefighters struggled to put out flames at a time the country is battling a sweltering heatwave. With temperatures above 40 degrees Celsius (104 Fahrenheit) in many parts, …
Firefighters scramble to put out flames in heatwave-hit Portugal, Spain Read More »
By Catarina Demony, Miguel Pereira and Rodrigo Antunes OURÉM, Portugal (Reuters) – Several wildfires swept across Portugal’s central region on Tuesday, forcing the evacuation of hundreds of locals as firefighters struggled to put out flames at a time the country is battling a sweltering heatwave. With temperatures above 40 degrees Celsius (104 Fahrenheit) in many …
Firefighters scramble to put out flames in heatwave-hit Portugal, Spain Read More »
By Tom Hals WILMINGTON, Del. (Reuters) – The first female chief judge on Delaware’s nationally known business court will oversee Twitter Inc’s lawsuit that seeks to hold Elon Musk to his agreement to buy the social media platform for $44 billion, according to court records. Kathaleen McCormick took over the role of chancellor, or chief …
Groundbreaking judge will oversee Twitter’s lawsuit against Musk Read More »
By Nidal al-Mughrabi GAZA (Reuters) – The United States called on Wednesday for accountability over the death of Palestinian-American journalist Shireen Abu Akleh, whose killing during an Israeli West Bank raid is expected to be a major issue during President Joe Biden’s Middle East visit. Washington had concluded she was probably hit by an Israeli …
U.S. calls for ‘accountability’ in Abu Akleh case ahead of Biden West Bank visit Read More »
