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

Ukrainian creditors agree to a two-year freezing of $ 20 billion in foreign debt

Ukrainian creditors agree to a two-year freezing of $ 20 billion in foreign debt

Ukraine says the move will save $ 6 billion over two years Creditors backed a similar move for two state-owned companies Comprehensive debt restructuring after the freeze LONDON / NEW YORK, Aug. 11 (Reuters) – Ukrainian foreign creditors backed a motion for a two-year payment freeze on nearly $ 20 billion in international bonds, regulatory … Read more

North Korea announces victory over COVID, suggests leader Kim had it

North Korea announces victory over COVID, suggests leader Kim had it

North Korean leader Kim Jong Un speaks at a Labor Party Politburo meeting on the response to the country’s coronavirus outbreak (COVID-19) in this undated photo released by the Korean Central Information Agency (KCNA) on May 21, 2022. REUTERS Sign up now for FREE unlimited access to Reuters.com Register SEOUL, Aug. 11 (Reuters) – North … Read more

South Korea and China are clashing over the US anti-missile shield, complicating the conciliation process

South Korea and China are clashing over the US anti-missile shield, complicating the conciliation process

Terminal High Altitude Area Defense (THAAD) interceptor as seen in Seongju, South Korea, June 13, 2017 Photo taken June 13, 2017 REUTERS / Kim Hong-Ji Sign up now for FREE unlimited access to Reuters.com Register SEOUL, Aug. 11 (Reuters) – China and South Korea clashed over the US anti-missile shield on Thursday, threatening to undermine … 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

The Wall Street rally lifts the Nasdaq 20% from its lowest as inflation fears a decline

The Wall Street rally lifts the Nasdaq 20% from its lowest as inflation fears a decline

Traders work on the New York Stock Exchange (NYSE) floor in Manhattan, New York, USA, August 8, 2022. REUTERS / Andrew Kelly Sign up now for FREE unlimited access to Reuters.com Register Fed now saw a 50 bp hike in September US consumer price growth slows down in July Musk sells Tesla shares worth $ … 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

The Fed may slow down rate hikes, but politicians say more is needed

The Fed may slow down rate hikes, but politicians say more is needed

The Federal Reserve Building is pictured in Washington, DC, USA, August 22, 2018. REUTERS / Chris Wattie / File Photo Sign up now for FREE unlimited access to Reuters.com Register Kashkari reiterates its view of the 3.9% federal funds rate at the end of 2022. Evans sees an interest rate of 3.4% this year Both … Read more

The deposed President of Sri Lanka expects to travel to Thailand – sources

The deposed President of Sri Lanka expects to travel to Thailand – sources

More than eight months before the economic crisis and the mass protests that prompted him to flee Sri Lanka, President Gotabaya Rajapaksa made his national statement at the World Leaders Summit at the United Nations Climate Change Conference (COP26) in Glasgow, Scotland, UK November 1, 2021 r. Andy Buchanan / Pool via REUTERS / File … Read more

The Japanese prime minister shakes the cabinet as anger grows over ties to the Unification Church

The Japanese prime minister shakes the cabinet as anger grows over ties to the Unification Church

Voters’ support is declining due to the party’s ties to the church The shocks come earlier than analysts expected The Church defends its right to participate in politics “ Kishida has only selected ministers who will “review” links with the group TOKYO, Aug. 10 (Reuters) – Japanese Prime Minister Fumio Kishida reshuffled his cabinet on … Read more