Storm Fiona ravages Canada’s east coast causing ‘terrifying’ destruction

Storm Fiona ravages Canada’s east coast causing ‘terrifying’ destruction

STEPHENVILLE, Newfoundland, Sept 24 (Reuters) – Powerful storm Fiona ripped into eastern Canada on Saturday with hurricane-force winds, forcing evacuations, knocking down trees and powerlines, and reducing many homes on the coast to “just a pile of rubble in the ocean.” The US National Hurricane Center (NHC) said the center of the storm, downgraded to … Read more

Bond sell-off worst since 1949, Bank of America says

Bond sell-off worst since 1949, Bank of America says

A Bank of America logo is pictured in the Manhattan borough of New York City, New York, US, January 30, 2019. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 23 (Reuters) – Global government bond losses are on course for the worst year since 1949 and investor sentiment has plummeted … Read more

Hurricane Fiona pounds Bermuda as Canada braces for major jolt

Hurricane Fiona pounds Bermuda as Canada braces for major jolt

HAMILTON, Bermuda/HALIFAX, Nova Scotia, Sept 23 (Reuters) – Hurricane Fiona pounded the Atlantic island of Bermuda with heavy rain and winds on Friday as it tracked northward toward eastern Canada, where it threatens to become one of the most severe storms in Canadian history. Fiona had already battered a series of Caribbean islands earlier in … Read more

Explainer: When EU embargo comes, where will Russia sell its crude oil?

Explainer: When EU embargo comes, where will Russia sell its crude oil?

Models of oil barrels are seen in front of the displayed sign “stop”, EU and Russia flag colors in this illustration taken March 8, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register MOSCOW, Sept 23 (Reuters) – Russia has ramped up oil shipments to Asia since Europe imposed sweeping sanctions, but … Read more

Facing calls to resign, World Bank’s Malpass changes answer on climate crisis

Facing calls to resign, World Bank’s Malpass changes answer on climate crisis

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 22 (Reuters) – Under pressure to resign for declining to say whether he accepts the scientific consensus on global warming, World Bank President David Malpass said on Thursday it was clear greenhouse emissions are causing climate change and defended his record as bank chief … Read more

Once-bitten markets are ignoring Putin’s warnings again at their own peril

Once-bitten markets are ignoring Putin’s warnings again at their own peril

Russian President Vladimir Putin delivers a speech during an event marking the 100th foundation anniversary of the republics of Adygea, Kabardino-Balkaria and Karachay-Cherkessia in Moscow, Russia, September 20, 2022. Sputnik/Grigory Sysoev/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 21 (Reuters) – Earlier this year, markets were complacent as Russia … Read more

Putin must recognize he cannot win Ukraine war -Scholz at UN

Putin must recognize he cannot win Ukraine war -Scholz at UN

Germany’s Chancellor Olaf Scholz addresses the 77th Session of the United Nations General Assembly at UN Headquarters in New York City, US, September 20, 2022. REUTERS/Eduardo Munoz Register now for FREE unlimited access to Reuters.com Register UNITED NATIONS, Sept 20 (Reuters) – Russian President Vladimir Putin will only give up his “imperial ambitions” that risk … Read more

Taking swipe at Russia, Macron says fence sitters need to wake up

Taking swipe at Russia, Macron says fence sitters need to wake up

France’s President Emmanuel Macron addresses the 77th Session of the United Nations General Assembly at UN Headquarters in New York City, US, September 20, 2022. REUTERS/Amr Alfiky Register now for FREE unlimited access to Reuters.com Register UNITED NATIONS, Sept 20 (Reuters) – French President Emmanuel Macron accused Russia of a modern day imperialism that was … Read more

Hurricane Fiona makes landfall on Puerto Rico, knocking out power to island

Hurricane Fiona makes landfall on Puerto Rico, knocking out power to island

Register now for FREE unlimited access to Reuters.com Register SAN JUAN, Puerto Rico, Sept 18 (Reuters) – The entire island of Puerto Rico was without power on Sunday as Hurricane Fiona made landfall causing severe flooding and landslides before barreling toward the Dominican Republic, a government agency said. The center of the storm made landfall … Read more

Germany, EU race to fix energy crisis

Germany, EU race to fix energy crisis

Register now for FREE unlimited access to Reuters.com Register Germany plans to expand lending to energy firms EU securities watchdog mulling EU-wide measures Commission to announce broader plans on Wednesday BERLIN/FRANKFURT, Sept 13 (Reuters) – Germany will step up lending to energy firms at risk of being crushed by soaring gas prices, it said Tuesday, … Read more