By Michael S. Derby (Reuters) – Americans said in June they were expecting the weakest near-term inflation gains in just over two years, while continuing to mark up the expected path of home price increases, a survey from the New York Federal Reserve showed on Monday. The New York Fed reported in its Survey of…
By Max Hunder and Vitalii Hnidyi DONETSK REGION, Ukraine (Reuters) – On the eve of a key NATO summit in Vilnius, Ukrainian soldiers fighting fierce and costly battles called on the alliance to consider Kyiv’s demands for eventual accession, saying it may be the only way to end the war with Russia once and for…
By Asif Shahzad ISLAMABAD (Reuters) – Fitch credit rating agency on Monday upgraded Pakistan’s long-term foreign currency issuer default rating to CCC from CCC-, a positive sign for a country reeling under its worst economic crisis. Fitch said in a statement the upgrade reflected the country’s improved external liquidity and funding conditions following a staff…
DUBAI (Reuters) – An Iranian Revolutionary Guards Commander accused the U.S. Navy on Monday of defending fuel smuggling in the Gulf by trying to interfere when Iran intercepted a ship last week. “On July 6th, Revolutionary Guards’ Navy personnel were inspecting a ship with the name NADA 2 that was involved in smuggling Iranian oil…
By Dawit Endeshaw MEKELLE, Ethiopia (Reuters) – Curled up on a hospital bed in Ethiopia’s northern Tigray region, an emaciated little girl struggles to breathe, as her father softly strokes her gaunt face and her mother sits crying. Tsige Shishay, whose pink sweater reads “beautiful” on the front, is 10 years old but weighs just…
BEIJING (Reuters) – The announcement of a nearly $1 billion fine by Chinese regulators on Ant Group has drawn a line under the fintech giant’s woes and given hope to investors that a regulatory crackdown on China’s broader technology sector is over. Ant’s story so far has been one of a dramatic reversal in fortunes:…
By Andrew Gray VILNIUS (Reuters) – As NATO nations try to agree on Ukraine’s push for membership at a summit in Vilnius this week, an earlier gathering casts a long shadow. At a summit in Bucharest in April 2008, NATO declared that both Ukraine and Georgia would join the U.S.-led defence alliance – but gave…
LONDON (Reuters) – Russia said on Monday that Ukrainian membership of the NATO military alliance would have very negative consequences for Europe’s security architecture and that Moscow would respond firmly to any such step. Kremlin spokesman Dmitry Peskov was speaking on the eve of a NATO summit in Lithuania aimed at showing solidarity with Ukraine…
BRUSSELS (Reuters) -Ukraine stepped up its efforts to join NATO after Russia invaded last year, arguing that the security assurances given by Moscow, Washington and London when it relinquished its nuclear arsenal to Russia in 1994 were clearly worthless. While eastern European countries say some sort of a road map should be offered to Kyiv…
By Michelle Price WASHINGTON (Reuters) – Embattled by a U.S. Securities and Exchange Commission (SEC) crackdown, crypto companies are making a renewed push on Capitol Hill to drum up support for legislation they hope will rein in the agency and provide regulatory clarity for the industry. The Blockchain Association, Chamber of Digital Commerce, Crypto Council…
