ECB takes small step towards rate cut as inflation falls
The European Central Bank kept borrowing costs at record highs on Thursday but took a first, small step towards lowering them, saying inflation was easing faster than it anticipated only ...
‘Fight for life’ by mothers whose daughters still hostages in Gaza
Simona Steinbrecher holds up two images of her daughter, Doron. One shows a young woman with twinkling eyes and a big smile. The other, from a video distributed by Hamas 107 ...
In State of the Union, Biden to sharpen contrast with Trump
U.S. President Joe Biden will use his fourth State of the Union address on Thursday night to sharpen distinctions between him and Republican opponent Donald Trump, tout the country’...
Von der Leyen wins backing to lead EU for 5 more years
European Commission President Ursula von der Leyen on Thursday won the backing of the EU’s leading political group, the centre-right European People’s Party, to head the bloc’s ...
Egypt secures IMF deal after pound plunge, bumper rate hike
Egypt secured an expanded $8 billion deal on Wednesday with the International Monetary Fund, hours after the central bank unshackled its currency and delivered a 600 basis points rate hike in a ...
Senior Russian officer warns Ukraine conflict could escalate into full-scale war in Europe
A senior Russian military officer has warned that the conflict in Ukraine could escalate into a full-scale war in Europe and said the probability of Moscow’s forces becoming involved ...
Strike wave hits German rail and airports as disputes mount
Germany faced strikes on three fronts on Thursday, as train drivers, airport security workers and Lufthansa LHAG.DE ground staff walked off the job, spelling further headaches for millions of ...
Bridging divides: US and Turkey navigate path through disagreements in high-stakes talks”
The US and Turkey are set to kick off comprehensive talks on Thursday to discuss if the NATO allies can move beyond deep rooted disagreements over issues such as Syria ...
Israel sells record $8 billion in bonds despite Oct 7 attacks, downgrade
Israel raised a record $8 billion in its first international bond sale since the Oct. 7 Hamas attacks, with very high demand even after Moody’s gave Israel its first ever sovereign ...
Starbucks Middle East franchisee AlShaya to cut over 2,000 jobs
Gulf retail giant AlShaya Group, which owns the rights to operate Starbucks in the Middle East, plans to lay off over 2,000 people as the business suffers from consumer boycotts linked ...
South Africa asks World Court for more measures against Israel
South Africa has asked the International Court of Justice (ICJ) to order additional emergency measures against Israel, which it says is breaching the measures already in place, the U.N.’...
Missiles hit Odesa during Zelensky meeting with Greek PM
Greece will continue standing at Ukraine’s side, Prime Minister Kyriakos Mitsotakis said on Wednesday, after meeting Ukrainian President Volodymyr Zelenskiy in the Black Sea port of Odesa where the ...
Navalny’s widow takes up his call for big election day protest
The widow of Russian opposition leader Alexei Navalny said on Wednesday the scale of public support for him since his death was proof that his cause lived on, and called ...
Sunak government bets on tax cuts to revive election chances
Britain’s Conservative government announced a 10-billion-pound cut in labour taxes on Wednesday, paring emergency reserves to pay for it, in what could be the last budget ahead of an ...
Haley ends White House bid, clearing path for Trump-Biden rematch
Nikki Haley ended her long-shot challenge to Republican presidential frontrunner Donald Trump on Wednesday, ensuring the former president will be the party’s candidate in a rematch with Democratic President ...
Gaza ceasefire talks deadlocked
Talks on a ceasefire and hostage exchange between Israel and Hamas were at an impasse on Wednesday, as the humanitarian crisis in Gaza deepened and a merchant vessel was on ...
Houthi attack on ship with Cypriot interests – two sailors dead (Update 2)
No Cypriots were aboard the ship which was hit with a Houthi missile attack, deputy shipping minister Marina Hadjimanolis said on Wednesday evening.
The blast on the Red Sea merchant ...
Russians in north vote in country’s elections (Update)
Russian citizens living in the north are able to vote in the country’s Presidential elections, according to Kibris Postasi.
A ballot box has been opened in the building in ...
Qantas fined for firing worker who raised Covid safety concerns
Australia‘s Qantas Airways has been fined A$250,000 for illegally sacking an employee who told staff not to clean aircraft arriving from China early in the COVID-19 pandemic, adding to ...
Putin’s spy chief scolds Macron for extremely dangerous remark
Russian President Vladimir Putin’s foreign intelligence chief has said French President Emmanuel Macron’s refusal to rule out sending European troops to fight Russian soldiers in Ukraine was extremely ...
Albanian court jails Greek mayor amid long-running tensions with Athens
An Albanian court jailed an elected mayor from the Greek minority for two years for election fraud, a sentence likely to raise tensions with neighbouring Greece that has warned of ...
Turkish oil terminal halts Russian oil business
One of Turkey’s mid-sized Mediterranean oil terminals – the Dortyol terminal – will no longer accept Russian imports after receiving record volumes last year, amid an increase in sanctions pressure by ...
Ukrainian drone strikes major iron ore plant in Russia’s Kursk region
A Ukrainian drone struck a fuel tank at one of Russia’s largest iron ore plants on Wednesday, though no one was injured and the plant was working as normal, ...
US changes tact, now pushes UN to back ‘immediate’ Gaza ceasefire to free hostages
The United States late Tuesday revised language in a draft United Nations Security Council resolution to back “an immediate ceasefire of roughly six-weeks in Gaza together with the release of ...