FT says Western governments are alarmed over Turkey’s deepening ties with Russia

FT says Western governments are alarmed over Turkey’s deepening ties with Russia

Turkish President Tayyip Erdogan meets with his Russian counterpart Vladimir Putin in Sochi, Russia August 5, 2022. Turkish Presidential Press Office/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – Western governments are increasingly alarmed about deepening economic ties between Turkey and Russia, warning of the mounting risk that … Read more

Fed officials beat inflation drum; 50-basis-point rate hike ‘reasonable’ next month

Fed officials beat inflation drum;  50-basis-point rate hike ‘reasonable’ next month

Aug 3 (Reuters) – Federal Reserve officials voiced their determination again on Wednesday to rein in high inflation, although one noted a half-percentage-point hike in the US central bank’s key interest rate next month might be enough to march toward that goal. “I start from the idea that 50 (basis points) would be a reasonable … Read more

Explainer: Blood, treasure and chaos: the cost of Russia’s war in Ukraine

Explainer: Blood, treasure and chaos: the cost of Russia’s war in Ukraine

A rescuer walks among debris at a site of a residential area destroyed by a Russian military strike, as Russia’s attack on Ukraine continues, in the town of Toretsk, Donetsk region, Ukraine July 27, 2022. Press service of the State Emergency Service of Ukraine /Handout via REUTERS Register now for FREE unlimited access to Reuters.com … Read more

EU gives Hungary a month to act before moving to suspend funds

EU gives Hungary a month to act before moving to suspend funds

European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium June 17, 2022. REUTERS/Yves Herman/File Photo Register now for FREE unlimited access to Reuters.com Register BRUSSELS, July 22 (Reuters) – The European Commission gave Hungary a final month to address its concerns about the rule of law before asking European Union governments to … Read more

Nowhere to live: Rents in Canada surge as home prices fall

Nowhere to live: Rents in Canada surge as home prices fall

OTTAWA, July 22 (Reuters) – Canadian home prices are dropping fast after surging during the coronavirus pandemic, but that is offering little relief for consumers who face sky-rocketing rents and fading buying power as interest rates rise. Desperate would-be buyers found themselves caught in a frenzy of bidding wars for real estate during the pandemic, … Read more

Ukraine devalues ​​hryvnia currency by 25% against US dollar

Ukraine devalues ​​hryvnia currency by 25% against US dollar

Ukrainian 500 hryvnia banknotes and a US 100 dollar banknote are seen in this picture illustration taken in kyiv, Ukraine, October 31, 2016. REUTERS/Valentyn Ogirenko/Illustration Register now for FREE unlimited access to Reuters.com Register KYIV, July 21 (Reuters) – Ukraine’s central bank devalued the hryvnia currency by 25% against the US dollar on Thursday to … Read more

Fed to stick to 75 bps hike in July; 40% chance of recession

Fed to stick to 75 bps hike in July;  40% chance of recession

The Federal Reserve building in Washington September 1, 2015. REUTERS/Kevin Lamarque/File Photo Register now for FREE unlimited access to Reuters.com Register BENGALURU, July 21 (Reuters) – The US Federal Reserve will opt for another 75 basis point rate hike rather than a larger move at its meeting next week to quell stubbornly-high inflation as the … Read more

Biden approval rating falls to 36%, matching record low: Reuters/Ipsos poll

Biden approval rating falls to 36%, matching record low: Reuters/Ipsos poll

Democratic 2020 US presidential candidate and former Vice President Joe Biden walks past solar panels while touring the Plymouth Area Renewable Energy Initiative in Plymouth, New Hampshire, US, June 4, 2019. REUTERS/Brian Snyder/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, July 19 (Reuters) – US President Joe Biden’s public approval rating … Read more

Putin: West cannot isolate Russia and send it back in time

Putin: West cannot isolate Russia and send it back in time

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, July 18 (Reuters) – Russian President Vladimir Putin said on Monday that it was impossible to cut Russia off from the rest of the world, and that sanctions imposed by Western countries would not turn the clock … Read more

Russia preparing for next stage of offensive, Ukraine says

Russia preparing for next stage of offensive, Ukraine says

Russia shelling ‘along the entire front line’ – Ukraine military Russia regrouping for offensive toward Sloviansk, Kyiv says Moscow orders steps to prevent Ukrainian strikes in east KYIV, July 17 (Reuters) – Russia is preparing for the next stage of its offensive in Ukraine, a Ukrainian military official said, after Moscow said its forces would … Read more