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Explainer-Might Russia use nuclear weapons in the Ukraine war?

By Arshad Mohammed and Robin Emmott (Reuters) – At the start of Russia’s invasion of Ukraine, Russian President Vladimir Putin obliquely raised the possibility of a nuclear strike against anyone who intervened in the conflict. Below are some of the key issues surrounding the possibility – viewed as remote by many analysts and Western diplomats …

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Anti-government protest strike in Sri Lanka shuts schools, businesses

By Uditha Jayasinghe and Alasdair Pal COLOMBO (Reuters) – Thousands of shops, schools and businesses closed on Friday as public and private sector workers in Sri Lanka went on strike, demanding the president and the government step down for their mishandling of the island’s worst financial crisis in decades. Hit hard by the pandemic, rising …

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Omicron as severe as other COVID variants -large U.S. study

(Reuters) – The Omicron variant of the SARS-CoV2 virus is intrinsically as severe as previous variants, according to a preprint version of a large U.S. study that counters assumptions in other studies that it was more transmissible but less severe. The findings, which estimated Omicron’s severity after accounting for the impact of vaccines, should reinforce …

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Civilians trapped in Ukrainian plant; U.N. says evacuation efforts under way

By Alessandra Prentice and Natalia Zinets ZAPORIZHZHIA, Ukraine (Reuters) -Scores of Ukrainian civilians including women and children remained trapped on Thursday in a Mariupol steel works that has been rocked by heavy explosions as Russian forces fight for control of Ukraine’s last stronghold in the ruined port city. The United Nations said a new operation …

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Analysis-War a lost opportunity for Turkey’s westward outreach

By Tuvan Gumrukcu and Jonathan Spicer ANKARA (Reuters) – Before travelling to Moscow last week, U.N. Secretary-General Antonio Guterres stopped over in Ankara to meet Tayyip Erdogan and praise the Turkish leader’s diplomatic efforts to end the war in Ukraine.     Less than two hours after the two shook hands, a big part of the …

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Analysis-Rising oil prices buy Iran time in nuclear talks, officials say

By Parisa Hafezi DUBAI (Reuters) – Emboldened by an oil price surge since Russia invaded Ukraine, Iran’s clerical rulers are in no rush to revive a 2015 nuclear pact with world powers to ease sanctions on its energy-reliant economy, three officials familiar with Tehran’s thinking said.     Last year, the Islamic Republic engaged in indirect …

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As scandals overshadow vote, UK PM Johnson faces election test

By Andrew MacAskill and Elizabeth Piper LONDON (Reuters) -Voters in Britain went to the polls in local government elections on Thursday where they are expected to punish Prime Minister Boris Johnson over a cost-of-living crisis and fines for breaking his own COVID-19 lockdown rules. The elections are seen as a test of support for Johnson, …

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Analysis: Battered bulls hope Fed pain in rearview mirror after Powell maps out hikes

By David Randall (Reuters) – Federal Reserve Chair Jerome Powell gave investors a glimmer of hope that the central bank is unlikely to become more hawkish in coming months, though few see reason for long-term optimism in the face of soaring inflation and fears of slowing growth. The Fed delivered an expected 50 basis point …

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Marketmind: The real balancing act

A look at the day ahead in markets from Saikat Chatterjee. Market reaction after the U.S. Federal Reserve’s 50 basis-point interest rate rise was a classic case of “buy the rumour and sell the fact”. The dollar weakened, Treasury yields declined across the board and U.S. stocks jumped by almost 3%, its biggest rise in …

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