BELGRADE (Reuters) -Kosovo must give greater autonomy to Serb-majority municipalities in the north of the country if it wants to move closer to joining NATO and the European Union, the U.S. envoy to the Western Balkans said on Wednesday. Violence has flared since Kosovo authorities installed ethnic Albanian mayors in offices in the municipalities after…
(Reuters) -Australia’s trade minister Don Farrell has warned the European Union that he will not sign on a trade deal unless the bloc opens its market to more Australian farm products, the Financial Times reported on Wednesday. Farrell said an agreement with the bloc was possible only if the EU backed down on its demands…
By Yoruk Bahceli (Reuters) -The European Union launched a survey on Wednesday to identify ways to boost the trading and appeal of bonds it sells, the latest effort to get investors to treat the EU as a government borrower. The bloc is surveying market participants to help identify ways to increase liquidity in its bonds…
By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) – Japan’s negative interest rate policy is likely to be in place for the next year, as the central bank is committed to keeping borrowing costs low to grease the wheels of the economy, Nomura Asset Management told Reuters. The Bank of Japan is the only major…
A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. stock market volatility back at pre-pandemic lows, you’d be forgiven for wondering where the market angst had gone. Wall St’s ‘fear index’, the VIX gauge of implied S&P500 equity volatility, closed below 14 on Tuesday for the first time…
By Mike Dolan LONDON (Reuters) -Even if some yearn for pre-pandemic familiarity after three years of global economic disruption, the euro zone may not want or need to go back there. One of the biggest questions in world markets is just how durable the changes wrought by COVID-19 – and the compounding energy shock that…
BERLIN (Reuters) – The largest air deployment exercise in NATO’s history, involving 25 nations and 250 aircraft in June, will only cause minor disruptions to civilian air traffic in Europe, Germany and the U.S. said on Wednesday. “We anticipate minimal interruptions in the flow of civilian airlines,” Michael Loh, director of the U.S. Air National…
By William Schomberg LONDON (Reuters) -The government of British Prime Minister Rishi Sunak has little room to cut taxes ahead of the next national election expected in 2024, the Organisation for Economic Co-operation and Development (OECD) said on Wednesday. The OECD raised its growth projections for Britain’s economy in its latest set of forecasts for…
(Reuters) – A state of emergency has been imposed in Russian-controlled parts of Ukraine’s Kherson region following the destruction of the Nova Kakhovka dam and the flooding of large area, Russia’s TASS state news agency reported on Wednesday. The agency, citing emergency services, said about 2,700 houses were flooded after the destruction of the dam…
NEW YORK (Reuters) – The venture units of oil firms Saudi Aramco and Italy’s ENI have joined the world’s largest passenger carrier United Airlines to invest in British start-up OXCCU’s efforts to slash the prohibitively high cost of lower-carbon aviation fuel, the companies said on Wednesday. Aviation produces around 2% of the world’s planet-warming emissions…
