ANKARA (Reuters) – Turkish President Tayyip Erdogan vowed on Saturday that the central bank would continue to cut its policy interest rates every month for as long as he stayed in power, after it surprised markets by cutting rates twice in the last two months. “As long as this brother of yours is in this…
BERLIN (AP) — Ukraine’s Zaporizhzhia nuclear power plant, the biggest in Europe, has lost its last remaining external power source as a result of renewed shelling and is now relying on emergency diesel generators, the U.N. nuclear watchdog said Saturday. The International Atomic Energy Agency said the plant’s link to a 750-kilovolt line was cut…
LONDON (AP) — Most train services across the U.K. were canceled Saturday as thousands of rail workers staged the latest in a string of strikes over jobs, pay and working conditions. The 24-hour walkout by 40,000 cleaners, signalers, maintenance workers and station staff was the third in a week, and part of a surging wave…
BERLIN (AP) — A train communications system in Germany was targeted by sabotage Saturday, forcing both passenger and cargo trains to halt for nearly three hours across the northwest of the country, authorities said. Operator Deutsche Bahn said early Saturday that no long-distance or regional trains were running in the states of Hamburg, Schleswig-Holstein, Lower…
BEIJING (AP) — China on Saturday criticized the latest U.S. decision to tighten export controls that would make it harder for China to obtain and manufacture advanced computing chips, calling it a violation of international economic and trade rules that will “isolate and backfire” on the U.S. “Out of the need to maintain its sci-tech…
MILAN (Reuters) – The Italian economy will grow more than expected in 2022 but will stagnate in 2023, the country’s main business lobby said on Saturday, warning that tensions between the European Union and Russia over gas supplies made the outlook highly uncertain. In a report Confindustria downgraded its expectation for GDP growth in 2023…
LONDON (AP) — The death toll from a gas station explosion that shattered a small village in northwest Ireland rose to 10 on Saturday, and emergency workers who combed through piles of rubble said they did not expect to find more bodies. Irish police said no one remained missing after Friday’s explosion in Creeslough, County…
TAIPEI (Reuters) – Taiwanese semiconductor companies attach “great importance” to complying with the law, the island’s government said on Saturday, signalling they would comply with new U.S. export controls that aim to hobble China’s chip industry. The rules announced Friday by President Joe Biden’s administration include a measure to cut China off from certain chips…
LYMAN, Ukraine (AP) — Ukrainian authorities are just beginning to sift through the wreckage of the devastated city of Lyman in eastern Ukraine as they assess the humanitarian toll, and possibility of war crimes, from a months-long Russian occupation. Few of the buildings in the city in the Donetsk region — an area which Moscow…
KYIV, Ukraine (AP) — An explosion Saturday caused the partial collapse of a bridge linking the Crimean Peninsula with Russia, damaging an important supply artery for the Kremlin’s faltering war effort in southern Ukraine and hitting a towering symbol of Russian power in the region. Nobody immediately claimed responsibility for the blast, which killed three…
