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Analysis-The 2.5 seconds of security lapses that sealed Shinzo Abe’s fate
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Sri Lanka’s Wickremesinghe to face low-key lawmaker in tight race for president
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Amid COVID shutdowns, Chinese women flock to skateboarding
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Russia considers budget rule to build up reserves, cap rouble strength
Euro zone bond yields jump as ECB may consider 50 bps July rate hike
Date: July 19, 2022
By Dhara Ranasinghe LONDON (Reuters) -Euro zone bond yields shot up on Tuesday, with two-year German borrowing costs hitting over two-week highs, after a source-based report that the European Central Bank would discuss whether to raise rates by 25 or 50 basis points on Thursday. The ECB has flagged that it would raise rates by...
Swiss gold imports from Russia fall in June
Date: July 19, 2022
ZURICH (Reuters) -Switzerland imported 284 kg of gold worth around $16 million from Russia in June, customs data showed on Tuesday, down from more than 3 tonnes worth some $200 million in May. The shipments have raised questions about whether Swiss firms may be helping finance Moscow’s invasion of Ukraine — something Switzerland’s major refineries...
EU to add Sberbank, Russian metals baron to sanctions list
Date: July 19, 2022
By Francesco Guarascio BRUSSELS (Reuters) – The EU is set to add Russia’s top lender Sberbank and the head of giant zinc and copper firm UMMC to its list of individuals and companies banned for supporting Moscow’s invasion of Ukraine, according to draft documents seen by Reuters. The 48 individuals and nine entities to be...
Hungary approves 2023 budget and deficit cuts after pre-poll spending spree
Date: July 19, 2022
By Krisztina Than and Anita Komuves BUDAPEST (Reuters) -Hungary’s parliament on Tuesday approved the 2023 budget, which sets out to reduce the budget deficit next year to 3.5% of economic output from a targeted 4.9% this year as the government tries to put finances back on a sustainable track. Nationalist Prime Minister Viktor Orban, who...
Air pollution surges as heatwave sweeps across Europe
Date: July 19, 2022
By Gloria Dickie LONDON (Reuters) – Air pollution is spiking across Britain, France, and southern Europe amid record-breaking temperatures and scorching wildfires. Scientists with the EU Copernicus Atmosphere Monitoring Service (CAMS) warned https://atmosphere.copernicus.eu/copernicus-scientists-warn-very-high-ozone-pollution-heatwave-continues-across-europe on Tuesday of unhealthy levels of ozone pollution across southern and western Europe which could soon affect northwestern regions. The World Health...
Train maker Alstom’s sales rise but inflation, supply chain woes linger
Date: July 19, 2022
By Valentine Baldassari and Alizee Degorce (Reuters) -French train maker Alstom reported on Tuesday an 8% jump in quarterly sales and confirmed its full-year outlook, but reiterated concerns over inflation and component shortages. Alstom’s shares, which had tumbled 6% by 1008 GMT, have lost a quarter of their value this year as Russia’s invasion of...