France is battling a “monstrous” fire as heatwaves burn Europe away

France is battling a “monstrous” fire as heatwaves burn Europe away

HOSTENS, France, August 11 (Reuters) – On Thursday, day three, a “monster” fire raged in southwestern France, ravaging forests and forcing 10,000 people to evacuate their homes. Without a break in the hot temperatures, firefighters supported by water bombers probably fought on many fronts before the weekend, saying that a huge fire could change direction … Read more

US gasoline prices dropped below $ 4 for the first time since March

US gasoline prices dropped below $ 4 for the first time since March

The demand for gasoline declined in the summer Lower-income households spend less when prices fall The US retail price hit a record high in June Aug. 11 (Reuters) – The median retail price of US gasoline fell below $ 4 a gallon on Thursday for the first time in months, giving some relief to drivers … Read more

Stocks rise, dollar falls on falling inflation

Stocks rise, dollar falls on falling inflation

Wall Street blows with the leading Nasdaq rises CPI remained unchanged in July after an increase of 1.3% in June In the 12 months to July, the CPI increased by 8.5% against 9.1% in June NEW YORK, Aug. 10 (Reuters) – Wall Street stocks rose and the dollar plunged on signs of a sharp slowdown … Read more

Like the scene from Parasite: Floods expose social inequalities in South Korea

Like the scene from Parasite: Floods expose social inequalities in South Korea

SEOUL, Aug. 10 (Reuters) – Using a plastic bowl, Ha In-sik poured water from his ground-floor apartment in a low-income residential neighborhood in Sillim in southwestern Seoul, where a flood caused by torrential rain forced his family to sleep in a nearby park. A 50-year-old man, along with his wife and daughter, collected household appliances, … Read more

Fires are raging in France and thousands have been evacuated from their homes

Fires are raging in France and thousands have been evacuated from their homes

HOSTENS, France, August 10 (Reuters) – On Wednesday, fires swept through the Gironde region of southwestern France, destroying homes and forcing 10,000 residents to evacuate, some of whom were climbing onto rooftops as the flames neared. A black and orange sky, darkened by smoke billowing from the forests and lit by the flames, was visible … Read more

Ukraine says 11 killed last night, UK flags new Russian forces

Ukraine says 11 killed last night, UK flags new Russian forces

Ukraine says 11 killed in the central Dnipropetrovsk region “ Britain says it is almost confident in the new Russian ground forces Explosions at a Russian military base in the Crimea Fears of shelling near the Zaporozhye nuclear power plant Victims of mass burial shot, tortured, Ukraine says Aug. 10 (Reuters) – Russian shelling killed … Read more

Oil prices rebound on Russian pipeline restrictions, fears of recession

Oil prices rebound on Russian pipeline restrictions, fears of recession

The sticker shows crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, USA November 22, 2019 REUTERS / Angus Mordant Sign up now for FREE unlimited access to Reuters.com Register Russian oil exports are suspended via the southern branch of the Druzhba pipeline The EU presents … Read more

Record rain kills at least 8 people in the South Korean capital

Record rain kills at least 8 people in the South Korean capital

SEOUL, Aug. 9 (Reuters) – At least eight people died overnight in and around Seoul, South Korean authorities said on Tuesday after heavy rain cut power, caused landslides and flooded roads and subways. The southern part of the nation’s capital received over 100 mm (3.9 inches) of rain per hour on late Monday, and parts … Read more

Ukraine says its troops are approaching Izium as fighting rages in Donbas

Ukraine says its troops are approaching Izium as fighting rages in Donbas

Heavy Russian shelling reported along the Donbas front New Ukrainian attacks destroy the key Kherson bridge Both sides blame each other for the shelling of the nuclear power plant Kyiv, Aug 9 (Reuters) – Ukraine reported intense Russian frontline shelling on Tuesday as both sides blamed a weekend strike at the Zaporozhye nuclear complex that … Read more

Global stocks rebounded after the US job sale was reported

Global stocks rebounded after the US job sale was reported

Euro STOXX gains 0.8% Wall Street wants to gain Markets are narrowing chances for a hike by 75 bp ahead of US CPI The dollar is falling Oil is recovering from previous losses, it is trying to mobilize itself LONDON / SYDNEY, Aug 8 (Reuters) – Shares recovered on Monday, recovering from last week’s strong … Read more