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December 18, 2025
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EU court says UK residents in EU nations can’t vote there

The Cheap Investor4 years ago4 years ago02 mins

BRUSSELS (AP) — The European Union’s top court ruled Thursday that British citizens living long-term in the 27 EU member countries have no right to vote or stand for office in the bloc unless they have obtained a European nationality. The ruling came in what was seen as a test case for the rights of…

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Turkey’s Erdogan warns Greece to demilitarize Aegean islands

The Cheap Investor4 years ago4 years ago03 mins

ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan on Thursday warned Greece to demilitarize islands in the Aegean Sea, saying he was “not joking” with the admonition. Turkey says Greece has been building a military presence in violation of treaties that guarantee the unarmed status of the Aegean islands. It argues the islands were…

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Europe’s central bank to hike rates in July, 1st in 11 years

The Cheap Investor4 years ago4 years ago04 mins

AMSTERDAM (AP) — The European Central Bank will raise interest rates next month for the first time in 11 years and add another hike in September, catching up with other central banks worldwide as they pivot from supporting the economy during the COVID-19 pandemic to squelching soaring inflation. The surprise move Thursday marks a turning…

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Almost all of Portugal in severe drought after hot, dry May

The Cheap Investor4 years ago4 years ago01 mins

LISBON, Portugal (AP) — Almost the whole of Portugal was in severe drought at the end of May, the country’s weather service said Thursday. The month of May was the hottest in the southern European country for the last 92 years, weather service IPMA said in its monthly climate report. The average temperature of just…

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Major Dubai free zone operator becomes latest to offer IPO

The Cheap Investor4 years ago4 years ago03 mins

DUBAI, United Arab Emirates (AP) — A major free zone operator in Dubai owned by the sheikhdom’s ruler said Thursday it would make an initial public offering on the local stock market, the latest state asset to list in an effort to boost the city-state’s bourse. The TECOM Group, whose 10 holdings include Dubai Internet…

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Asian shares mixed after rate jitters tumble on Wall Street

The Cheap Investor4 years ago4 years ago04 mins

BANGKOK (AP) — Shares were mostly lower in Asia on Friday, with only Shanghai rising, after stocks tumbled on Wall Street on expectations central banks will double down on battling inflation with interest rate hikes. Tokyo’s Nikkei 225 index lost 1.3% to 27,881.78 while the Kospi in Seoul shed 1.2% to 2,593.60. In Australia, the…

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War rap: In Ukraine, an angry voice for a furious generation

The Cheap Investor4 years ago4 years ago05 mins

KYIV, Ukraine (AP) — From the battlefronts of Ukraine comes rap music — filled with the anger and indignation of a young generation that, once the fighting is done, will certainly never forget and may never forgive. Ukrainian rapper-turned-volunteer soldier Otoy is putting the war into words and thumping baselines, tapping out lyrics under Russian…

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China’s trade rebounds in May as anti-virus curbs ease

The Cheap Investor4 years ago4 years ago04 mins

BEIJING (AP) — China’s trade growth rebounded in May after anti-virus restrictions that shut down Shanghai and other industrial centers began to ease. Exports surged 16.9% over a year earlier to $308.3 billion, up from April’s 3.7% growth, a customs agency statement said Thursday. Imports rose gained 4.1% to $229.5 billion, accelerating from the previous…

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PG&E pledges net-zero emissions by 2040, will keep using gas

The Cheap Investor4 years ago4 years ago05 mins

SACRAMENTO, Calif. (AP) — The nation’s largest utility on Wednesday outlined a multi-decade plan that aims to more rapidly reduce to zero its net greenhouse gas emissions while still using natural gas to produce power. Pacific Gas & Electric’s plan is to take as much carbon out of the air as it emits by 2040,…

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Senators urge CNH Industrial to offer striking workers more

The Cheap Investor4 years ago4 years ago03 mins

A group of U.S. senators led by Vermont independent Bernie Sanders is lending its support to workers at two CNH Industrial plants who have been on strike for better pay and benefits for more than a month. The group, which was also led by Wisconsin Sen. Tammy Baldwin and includes three other Democrats, has written…

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