By Andy Bruce and William Schomberg LONDON (Reuters) -Britain’s stubbornly high inflation rate fell by less than expected last month and a closely watched measure of core price rises surged to a 31-year high, according to official data that raised the chances of more interest rate hikes. Consumer prices rose by 8.7% in annual terms…
By Lewis Jackson SYDNEY (Reuters) – The Australian Treasury has referred a confidential document leak scandal involving professional services firm PricewaterhouseCoopers (PwC) to police, Secretary to the Treasury Steven Kennedy said on Wednesday. The government, a PwC Australia client, has accused the firm of using confidential information about new anti-tax avoidance measures to win more…
By Eduardo Baptista BEIJING (Reuters) – In the years before China declared U.S. firm Micron Technology’s products a national security risk, authorities were already scaling back purchases of its chips, opting instead for domestic or South Korean options, documents showed. A Reuters review of over a hundred public government tenders found that while previously Chinese…
DOHA (Reuters) – The International Monetary Fund’s managing director said on Wednesday she does not expect there to be a rapid shift in reserves of the US dollar. Asked about de-dollarisation of the world, Kristalina Georgieva said: “We don’t expect a rapid shift in reserves because the reason the dollar is a reserve currency is…
By Guy Faulconbridge MOSCOW (Reuters) – Yevgeny Prigozhin, the founder of the Wagner mercenary group, warned that Russia could face a revolution similar to those of 1917 and lose the conflict in Ukraine unless the elite got serious about fighting the war. Russia’s most powerful mercenary said his political outlook was dominated by love for…
By Emma Farge GENEVA (Reuters) – Older people have suffered and died at a disproportionately high rate since Russia’s invasion of Ukraine, a U.N. report showed on Wednesday, with some perishing because they were barred from fetching medicines or leaving basements. The report compiled by U.N. human rights monitors showed that about a third of…
By Kantaro Komiya and Satoshi Sugiyama TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida said on Wednesday the country had no plans to become a NATO member but acknowledged the security alliance’s plan to open a liaison office in Japan. Kishida’s comments came after the Japanese ambassador to the United States said earlier this month that…
SHANGHAI (Reuters) – A U.S. lawmaker’s demand for trade curbs on a Chinese memory chipmaker in response to China calling products from Micron Technology a national security risk is the latest escalation of tension between the big powers. The United States and China have been tussling over a range of issues, from Taiwan to technology,…
OSLO (Reuters) – Russia has informed neighbouring Finland that it will terminate a bilateral agreement on mutual visits to military installations, the Finnish defence ministry said late on Tuesday. The bilateral agreement, signed in 2000, provided for one annual Russian assessment visit to Finland and a similar visit by Finland to the Leningrad Military District…
(Reuters) – Lawyers for Donald Trump on Tuesday asked to meet U.S. Attorney General Merrick Garland over the work of a special counsel who is handling two investigations into the former president. “No President of the United States has ever, in the history of our country, been baselessly investigated in such an outrageous and unlawful…
