Asia Stocks Set For Losses as US Volatility Rises: Markets Wrap
Asian stocks are set to fall in early trading as the rout in US stocks and Treasuries deepened
2023-10-23 08:27
Switzerland’s Right-Wing Party Soars on Immigration Concerns
Switzerland’s right-wing People’s Party scored one of its best results ever in national elections, reaping the rewards of
2023-10-23 06:17
Six killed and 16 injured in Russian missile strike on Kharkiv mail depot
A missile strike on a mail depot in the eastern Ukrainian city of Kharkiv has killed six people and injured 16 others, officials said on Sunday. The blast was caused by a Russian S-300 rocket, Kharkiv governor Oleh Syniehubov said in a post on the Telegram messaging app. All of the victims were employees of private Ukrainian postal and courier service Nova Poshta. In a statement, the company said the air raid siren had sounded just moments before the attack, leaving those inside the depot with no time to reach shelter. It announced that Sunday would be a day of mourning for the firm. Ukrainian president Volodymyr Zelensky posted a video showing the building with destroyed windows and construction materials strewn across the floor. He described the strike as an attack on an “ordinary civilian object”. “We need to respond to Russian terror every day with results on the front line. And, even more so, we need to strengthen global unity in order to fight against this terror,” he wrote on social media. “Russia will not be able to achieve anything through terror and murder. The end result for all terrorists is the same: the need to face responsibility for what they have done.” Elsewhere in the Kharkiv region, three people were injured in Russian shelling on the city of Kupiansk, Mr Syniehubov said. The Ukrainian-held frontline city has been at the heart of fierce fighting as both Moscow and Kyiv push for battlefield breakthroughs amid the looming onset of wintry conditions. Officials in southern Ukraine said on Sunday that the Russian military had used a record number of aerial bombs over the country’s Kherson region in the past 24 hours. Natalia Humeniuk, a spokeswoman for the Ukrainian military’s Operational Command South, said 36 missiles had been recorded over the area, with some villages being hit by several strikes. It comes as further south in the east, Ukraine has been trying to stop a new push by Russian forces to gain more territory there, amid Kyiv’s gruelling counteroffensive that has continued for months. Moscow’s drive to capture the town of Avdiivka encountered fierce resistance on Saturday, Ukraine’s military said, with defences bolstered by fortifications erected nearly a decade ago. “The enemy is becoming more active, but is incurring heavy losses,” General Oleksandr Tarnavskyi, commander of Ukraine’s troops in the south, said on Telegram. Russia’s Defence Ministry, in its evening report, made no mention of Avdiivka, but reported strikes on areas outside Bakhmut, a town seized by Moscow’s forces in May after months of battles. Both towns are in the eastern Donetsk region. Avdiivka has withstood enemy attacks for months. Video footage shows buildings in ruins and streets barely distinguishable. The town was briefly captured in 2014 by Russian-backed separatists who seized large swathes of eastern Ukraine, but was retaken by Ukrainian forces who built solid fortifications. The Institute for the Study of War, a US think-tank, said Russian troops had “marginally advanced” near Avdiivka. Additional reporting by agencies Read More Aftermath of Russian missile strike on Ukraine mail depot that killed six Ukrainian officials say civilians were killed and wounded in Russian overnight attacks Russian attacks kill six in Ukraine as Kyiv ramps up drone counterstrikes NATO member Romania finds more drone fragments on its soil after Russian again hits southern Ukraine Russia claims `neo-Nazis' were at wake for Ukrainian soldier in village struck by missile killing 52 ‘Six killed in Kharkiv strike’ as Kherson sees ‘record’ bomb attacks - live
2023-10-23 03:45
Republicans Unveil Nine Candidates to End House Speaker Deadlock
House Republicans set up a nine-man contest for the speaker’s post on Sunday, signaling what may be a
2023-10-23 02:25
Central Banks Search for Lessons From the Great Inflation Outbreak
After the most aggressive monetary-tightening campaign in four decades, academics and economic practitioners are running autopsies on what
2023-10-22 21:50
Watch live: Hundreds gather in Berlin for Israel solidarity demo at Brandenburg Gate
Watch live as hundreds of Israel supporters are expected to participate in a rally at Berlin’s Brandenburg Gate on Sunday 22 October. The protest, entitled “Standing up against terror, hatred and antisemitism - in solidarity and compassion with Israel,” has been organised by Germany’s Central Council of Jews, political parties, unions and civil society. Demonstrations are continuing across Europe, a day after 100,000 people marched in a pro-Palestine rally in London. The British government on Sunday said it will speak to the Metropolitan Police about its decision not to act over a video showing protesters chanting “Jihad” on the streets of the capital, a Cabinet minister has said. No offences were identified in a video of a Hizb ut-Tahrir protest showing a man chanting “Jihad”. Immigration minister Robert Jenrick said “a lot of people” will find the Met’s analysis “surprising”, adding: “That’s something that we intend to raise with them and to discuss this incident with them.” A video posted on social media shows a man speaking into a microphone in front of a banner reading “Muslim Armies! Rescue the People of Palestine”, with the name of the group “Hizb ut-Tahrir Britain” on it. Read More Chancellor Scholz voices outrage at antisemitic agitation in Germany 'of all places' Rabbi who lost family in West Bank shooting ‘feels safer in Israel than the UK’ A jury is deliberating the case of a man accused of killing a New Hampshire couple on a hiking trail
2023-10-22 20:15
UK records a fourth death linked to a storm that battered northern Europe
Police said Sunday that a fourth person has died in Britain during a storm that pounded the U.K. and northern Europe with gale-force winds and torrential rain. Derbyshire Police said a woman in her 80s was found dead at a home in Chesterfield, central England. Her death was being linked to flooding in the area. In nearby Derby, the River Derwent reached its highest-ever recorded level on Saturday during a storm that brought 8 inches (200 mm) of rain to parts of Britain. Since Thursday, at least five people have died in the storm -- named Babet by the U.K. Meteorological Office -- that battered Britain, northern Germany and southern Scandinavia with powerful winds, heavy rain and sea surges. In Britain, a man and a woman were killed after being swept away by floodwaters, and another man died when a tree fell on his vehicle. In Germany, a 33-year-old woman was killed when a tree fell on her car on the Baltic Sea island of Fehmarn on Friday. A search was continuing for a man reported trapped in a vehicle in floodwater in Scotland. Some of the worst flooding was in eastern Scotland, where more than 300 homes were evacuated in the town of Brechin and residents told to leave before the River South Esk breached its banks Friday, surging almost 4 meters (13 feet) above its usual level and sending water pouring into the streets. Coast guard helicopters lifted more than half the staff off a North Sea oil platform almost 150 miles (240 kilometers) east of Scotland, after four of its eight anchors came loose during the storm on Saturday. Operator Stena Drilling said the Stena Spey platform was stable. The weather calmed Sunday but flooding continued to cause disruption to road and rail travel across a large swath of central and northern Britain. The Environment Agency issued more than 200 flood warnings for parts of England and said major rivers could remain flooded until Tuesday. Read More Pacific and Atlantic hurricanes Norma and Tammy make landfall on Saturday in Mexico and Barbuda A Detroit synagogue president was fatally stabbed outside her home. Police don't have a motive Iowa woman who made fake cancer claims on social media must pay restitution but stays out of prison
2023-10-22 19:20
Ukraine-Russia war - live: Putin’s ‘air strike on Kharkiv postal centre kills six and injures 14’
Six people have been killed and at least 14 injured in a Russian missile attack that hit a postal distribution centre in the war-devastated northeastern Ukrainian city of Kharkiv, Ukrainian officials have said. Oleh Synehubov, the region’s governor said on Telegram that several of the wounded were in serious condition in hospital, adding that all those killed and injured were postal workers. “Russian missiles hit the Nova Poshta centre - an ordinary civilian object,” President Volodymyr Zelenksiy said on the Telegram messaging app. It comes as Ukrainian forces damaged and destroyed almost 50 Russian tanks in just 24 hours as Vladimir Putin’s troops launched a fresh offensive in the Donetsk region, according to a US war think tank. The Insitute for the Study of War (ISW) said Russian forces launched a renewed attack near Adviika on Friday and “marginally advanced”, indicating Moscow’s commitment to offensive operations in the area “despite heavy materiel and personnel losses”. This includes the damage and destruction of almost 50 Russian tanks and over 100 armored vehicles by Ukrainian forces during the past day of fighting, reported the Ukrainian General Staff on Friday, according to the ISW. Read More Russian fighters ‘scrambled over Black Sea to prevent British warplanes approaching Russian airspace’ Biden calls to maintain ‘American leadership’ with aid package for Ukraine and Israel Ukraine's parliament advances bill seen as targeting Orthodox church with historic ties to Moscow Putin says Russia ‘will be able to repel’ Ukraine’s new weapons used to damage Kremlin’s air assets
2023-10-22 15:57
Europe’s Biggest Money Managers Bet ECB Rates Haven’t Hit a Peak
Some of the biggest money managers in Europe say traders are wrong to bet the European Central Bank
2023-10-22 15:49
Israel Latest: Israel Warns Hezbollah and Steps Up Gaza Strikes
Israel’s military warned Iran-backed Hezbollah risked dragging neighboring Lebanon into war, as the Lebanese militia kept firing rockets
2023-10-22 15:45
Diesel Cars Moved From London to the North After Ulez Expansion
Diesel cars are being moved out of London and into the north of England and Scotland after a
2023-10-22 14:18
British Rice Industry Fears India Pact Will Kill Off Local Mills
A £1 billion ($1.2 billion) corner of the UK economy is fearing for its future as Britain and
2023-10-22 13:49