By Fransiska Nangoy JAKARTA (Reuters) – Indonesian President Joko Widodo on Saturday raised some fuel prices by around 30% to contain ballooning spending on energy subsidies in Southeast Asia’s biggest economy. The move risks sparking protests and further fanning price pressures, though analysts saw a need to act to ensure fiscal discipline. WHAT HAS BEEN…
ZAPORIZHZHIA, Ukraine (AP) — The head of the U.N. nuclear watchdog said Saturday that the Russian-controlled Zaporizhzhia nuclear plant in Ukraine was disconnected to its last external power line but was still able to run electricity through a reserve line amid sustained shelling in the area. International Atomic Energy Agency Director-General Rafael Grossi said in…
By Barbara Grzincic (Reuters) – A federal appeals court has revived https://fingfx.thomsonreuters.com/gfx/legaldocs/znvneweoopl/Arrington%20v%20Burger%20King.pdf a potential class action against Burger King over its prior use of a “no-hire” clause that blocked all franchisees from hiring each other’s employees. The 11th U.S. Circuit Court of Appeals Wednesday reversed a ruling by a district court judge in Miami, who…
PRAGUE (AP) — Tens of thousands of protesters from the far right and far left joined forces to rally against the country’s pro-Western Czech government in the capital on Saturday. Police estimated that the crowd at Prague’s central Wenceslas Square numbered around 70,000. Some of the groups represented at the demonstration included the major anti-migrant…
ISTANBUL (AP) — Turkish President Recep Tayyip Erdogan upped his rhetoric against Greece on Saturday, threatening to “come down suddenly one night.” Erdogan has previously used that phrase to hint at looming military operations into Syria and Iraq against Kurdish militants that Turkey deems existential threats. He made good on that threat several times. Speaking…
By Riham Alkousaa BERLIN (Reuters) – As rising energy prices and a new gas levy in Germany are expected to triple fuel bills for consumers from autumn, pressure is mounting on the government to introduce a windfall tax on energy firms to fund further relief measures. Italy and the United Kingdom have implemented similar taxes,…
MOSCOW (AP) — Russians who came for a last look at former Soviet leader Mikhail Gorbachev on Saturday mourned both the man and his policies that gave them hope. President Vladimir Putin claimed to be too busy to attend. Gorbachev, who died Tuesday at age 91, launched drastic reforms that helped end the Cold War….
JAKARTA, Indonesia (AP) — Fuel prices increased by about 30% across Indonesia on Saturday after the government reduced some of the costly subsidies that have kept inflation in Southeast Asia’s largest economy among the world’s lowest. Indonesians have been fretting for weeks about a looming increase in the price of subsidized Pertalite RON-90 gasoline sold…
CERNOBBIO, Italy (Reuters) – Italy wants a stronger national telecoms network, Innovation Minister Vittorio Colao said on Saturday, adding this could be achieved by merging Telecom Italia (TIM) and Open Fiber assets as long as competition in the sector is maintained. “What we’re keen on is a national telecoms infrastructure ensuring great performance and quality”,…
(Reuters) -Russia’s Gazprom said on Saturday Siemens was ready to carry out repairs on the Nord Stream 1 pipeline but there was nowhere available to carry out the work, a suggestion Siemens denied and said it had not been asked to do the job. Gazprom’s statement came a day after it said it would not…
