Exclusive: US weighs 100 miles by sending strike weapon to Ukraine – sources

WASHINGTON (Reuters) – The Pentagon is considering a proposal from Boeing to supply Ukraine with small, accurate and cheap bombs mounted on plentiful missiles, allowing Kiev to strike far beyond Russian lines as the West struggles to meet demand for more weapons. The military stockpiles of the United States and its allies are shrinking, and … Read more

The Italian government approves the 2023 budget of 35 billion euros to boost the economy

The budget finds more than 21 billion euros to tame energy bills Additional energy company profits are taxed at 35%. Includes amnesty for tax arrears, lowering the retirement age Relaunching a bridge project linking Sicily with the mainland ROME (Reuters) – Italy’s new right-wing government approved its first budget on Tuesday, a package focused on … Read more

Debate over the Ukraine war dominates the summit of the Group of 20 major economies

Draft Declaration: “Most” G20 Members Condemn Ukraine’s War Ukrainian Zelensky pushes his plan to end the conflict Indonesia calls for an end to political polarization US President Biden skips a dinner party in Bali NUSA DUA, Indonesia (Reuters) – A Western-led campaign to condemn Russia’s invasion of Ukraine dominated Tuesday’s G20 summit in Indonesia’s Bali … Read more

Biden and Xi clash over Taiwan in Bali but Cold War concerns are tepid

Biden and Xi meet for 3 hours before the G20 Both leaders stress the need to get relations back on track Indonesia seeks partnerships on the global economy in the G20 Ukraine’s President Zelensky addresses the G20 on Tuesday NUSA DUA, Indonesia, Nov. 14 (Reuters) – U.S. President Joe Biden and Chinese President Xi Jinping … Read more

Marine heat waves in the Mediterranean threaten coastal livelihoods

KIRKANAH ISLANDS, Tunisia, NOV 13 (Reuters) – (This story was corrected on November 13 to show that the sea temperature is 1.2°C higher than it was 30 years ago, not 0.4°C, in paragraph 18) A decade ago, the nets of Tunisian fisherman Ahmed Cheli were bloated with fish and octopus that he sold at the … Read more

Asia stocks pause as Fed warns of glut

https://tmsnrt.rs/2zpUAr4 Federal Reserve Chairman Waller underestimates the CPI as just a single number Beijing offers property support, COVID steps Biden will meet with Xi at the G20 meeting SYDNEY (Reuters) – Asian stock markets took a breather on Monday after a massive rally last week as a major US central bank warned investors not to … Read more

Britain froze Russian assets worth 18 billion pounds

Russia bypasses Libya and Iran as prime target of UK sanctions The UK says sanctions are hurting Russia’s military Russia uses chips in kitchen utensils for cabinets The UK government has reported 236 sanctions violations LONDON (Reuters) – The British government said on Thursday it had frozen more than 18 billion pounds ($20.5 billion) in … Read more

COP27: Polluters must pay for climate change, poor countries say to the rich

Island nations demand global carbon tax “While they win, the planet is burning” Fears grow over hunger striker imprisoned in Egypt SHARM EL-SHEIKH, Egypt (Reuters) – Leaders of poor countries criticized rich governments and oil companies for causing global warming, using their speeches on Tuesday at the COP27 climate summit in Egypt to demand that … Read more

The Bank of England has historically raised interest rates despite ‘extremely tough’ expectations.

By David Milliken and Andy Bruce LONDON (Reuters) – The Bank of England raised interest rates to 3% on Thursday from 2.25%, the largest rate increase since 1989 as it warned of an “extremely tough” outlook for the economy. The central bank expects inflation to reach a 40-year high of around 11% this quarter, but … Read more

European debt market pressures force some governments to rewrite trading rules

Oct 31 (Reuters) – Some euro zone countries have relaxed rules for banks that handle the circulation of their government debt to help them weather some of the toughest market conditions in years, officials told Reuters. Of the 11 major eurozone debt agencies contacted by Reuters, officials in the Netherlands and Belgium told Reuters they … Read more