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EU to grant Ukraine candidate status in ‘signal to Moscow’
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Germany triggers gas alarm stage, accuses Russia of ‘economic attack’
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Aid trickles in to Afghan earthquake zone, toll at 1,000 dead
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Musk says Tesla’s new car factories ‘losing billions of dollars’
WHO eyes decision on monkeypox ’emergency’, Africa says it’s long overdue
Date: June 23, 2022
By Jennifer Rigby LONDON (Reuters) -The World Health Organization will decide on Thursday whether to declare monkeypox a global health emergency, stirring criticism from leading African scientists who say it has been a crisis in their region for years. The deliberations and scrutiny of the WHO’s response to the outbreak follows concerns over how the...
Exclusive-Britain, Germany push G7 for halt to biofuel mandates to tame food prices
Date: June 23, 2022
By Sarah McFarlane LONDON (Reuters) -Officials from some G7 countries, including Germany and Britain, will push for temporary waivers on biofuels mandates to combat soaring food prices when leaders from the group of wealthy nations meet on Sunday, three people familiar with the matter told Reuters. The food crisis caused by the war in Ukraine...
Norway central bank makes largest rate hike in two decades
Date: June 23, 2022
By Victoria Klesty OSLO (Reuters) -Norway’s central bank raised its benchmark interest rate by 50 basis points on Thursday, its largest single hike since 2002 and did not rule out making further increases of this size as the country seeks to control inflation. Norges Bank’s monetary policy committee raised the sight deposit rate to 1.25%...
U.S. recession fears darken outlook for global growth
Date: June 23, 2022
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) – Manufacturing growth is slowing from Asia to Europe as China’s COVID-19 curbs and Russia’s invasion of Ukraine disrupt supply chains, while the growing risk of a recession in the United States poses a new threat to the global economy. High prices in the euro zone meant...
UK announces new tranche of trade sanctions against Russia
Date: June 23, 2022
LONDON (Reuters) – Britain introduced a new tranche of trade sanctions against Russia on Thursday, a notice published on the government website said. The ‘Notice to Exporters’ listed new measures including prohibitions on the export to Russia of a range of goods and technology, the export of jet fuel, and the export of sterling or...
Sterling trims some declines after better-than-expected PMI data
Date: June 23, 2022
By Joice Alves LONDON (Reuters) – Sterling trimmed some of its declines versus the euro and the dollar on Thursday after better-than-expected UK PMI numbers for June, but the pound remained vulnerable to political risks and recession fears. The PMI’s preliminary composite index held at 53.1 in June, above the median forecast of 52.6 in...