Europe’s gas supply crisis grows after Russia imposes sanctions

Europe’s gas supply crisis grows after Russia imposes sanctions

Russia imposes sanctions on European Gazprom subsidiaries Polish firm operating Yamal-Europe section also hit Germany to lose 10 mcm / day of gas supply Dutch gas prices close 12% higher BERLIN, May 12 (Reuters) – Pressure on Europe to secure alternative gas supplies increased on Thursday as Moscow imposed sanctions on European subsidiaries of state-owned … Read more

Stocks in a tailspin, dollars soars as hard landing fears grow

Stocks in a tailspin, dollars soars as hard landing fears grow

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 1, 2020. REUTERS / Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register World stocks drop to 1-1 / 2 yr low, down almost 20% YTD Europe opens down 2% US equity futures struggle Dollar … Read more

N.Korea reports first COVID-19 outbreak, orders lockdown in “gravest emergency”

N.Korea reports first COVID-19 outbreak, orders lockdown in “gravest emergency”

North Korea declares ‘gravest national emergency’ Potential for ‘unprecedented crisis’ for Kim Jong Un – expert Isolated state has declined int’l offer of vaccine No North Korean civilians are believed to have been vaccinated SEOUL, May 12 (Reuters) – North Korea confirmed its first COVID-19 outbreak on Thursday, calling it the “gravest national emergency” and … Read more

Exclusive: Top EU official backs multi-trillion plan to rebuild Ukraine

Exclusive: Top EU official backs multi-trillion plan to rebuild Ukraine

Rebuilding Ukraine will cost trillions of euros – top EU banks EIB chief Hoyer calls for Marshall-style Plan for Ukraine Urges West and its banks to underwrite Ukraine finances BRUSSELS, May 11 (Reuters) – A top European official has backed a multi-trillion-euro “Marshall” -style plan to rebuild Ukraine, pledging the firepower of the EU lending … Read more

Al Jazeera journalist killed during Israeli raid in West Bank

Al Jazeera journalist killed during Israeli raid in West Bank

Deadly shooting occurred during Israeli raid Israel says troops exchanged fire with Palestinians Israeli defense chief says unclear who killed reporter JENIN, West Bank, May 11 (Reuters) – A prominent Palestinian-American Al Jazeera reporter was shot dead during an Israeli raid in the occupied West Bank on Wednesday, and Israel said it was launching an … Read more

The underground networks of Russians helping Ukrainian refugees

The underground networks of Russians helping Ukrainian refugees

TBILISI, May 11 (Reuters) – Ukrainian refugees who reluctantly find themselves under Moscow’s rule are receiving help from an unlikely quarter: networks of Russian volunteers helping those displaced by the war to leave Russia. When Bogdan Goncharov, his wife and 7-year-old daughter fled the shelling in their hometown of Mariupol in mid-March, they ended up … Read more

Shares hold up, yields drop before US inflation data

Shares hold up, yields drop before US inflation data

MILAN, May 11 (Reuters) – World shares rose on Wednesday and bond yields slipped further below recent peaks ahead of inflation data in the United States that will offer a guide to how aggressively the Federal Reserve will raise rates. European equities extended their bounce from two-month lows and US futures also gained before the … Read more