By Mike Dolan LONDON (Reuters) -Hype or hope, this year’s boom in artificial intelligence along with other productivity-enhancing tech developments may be one of few ways to sustain an increasingly fragile “global balance sheet” over coming decades. There is little doubt about the market heat, corporate alarm and social anxieties created in the mere six…
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…
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…
WARSAW (Reuters) – Polish Defence Minister Mariusz Blaszczak said on Wednesday that Poland plans to launch a submarine purchase programme in 2023. Poland has increased military spending since Russia’s invasion of neighbouring Ukraine in February last year, with the government pledging to double the size of the army and spend 4% of GDP on defence…
A look at the day ahead in European and global markets from Kevin Buckland Britain gets a read on how much inflation is receding under the weight of 450 basis points of hikes since December 2021, when rates were near zero. The consensus call is for a retreat to 8.2% for April, ostensibly much less…
By Pavel Polityuk KYIV (Reuters) -Ukraine accused Russia on Tuesday of effectively cutting the Ukrainian port of Pivdennyi out of a deal allowing safe Black Sea grain exports as Russia complained that it had been unable to export ammonia via a pipeline to Pivdennyi under the pact. The Black Sea deal – brokered last July…
By Andrew Osborn (Reuters) -The Russian military said on Tuesday it had routed militants who attacked a Russian border region with armoured vehicles the previous day, killing more than 70 “Ukrainian nationalists” and pushing the remainder back into Ukraine. In what appeared to be one of the biggest incursions from Ukraine since the war began…
(Reuters) -UBS Group AG said on Tuesday it was in negotiations with Swiss authorities about loss protections related to its takeover of Credit Suisse Group AG and its regulatory capital requirements. The disclosure underscores how some aspects of the tie-up between the two banks, arranged hastily over a weekend in mid-March by the Swiss government…
By Guy Faulconbridge MOSCOW (Reuters) – Yevgeny Prigozhin on Saturday delivered Vladimir Putin one of the few battlefield victories of the president’s 15-month war in Ukraine. Even then, Russia’s most powerful mercenary could not resist breaking the taboos of Putin’s tightly controlled political system. Holding a Russian flag and with an automatic weapon slung over…
