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…
By Joseph Ax and Eric Beech (Reuters) -Former New Jersey Governor Chris Christie on Tuesday launched his 2024 presidential campaign with a withering attack on the Republican front-runner, Donald Trump, calling him a “self-serving mirror hog” and faulting other rivals for avoiding direct confrontation. Christie, 60, was an adviser to Trump’s successful 2016 White House…
(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…
By Sarah Marsh BERLIN (Reuters) – The far-right Alternative for Germany (AfD) is riding high in the polls to the alarm of mainstream parties and is on track to win three state votes in the east of the country with calls to stop migration and curb what it sees as a costly green agenda. AfD…
By Maria Martinez BERLIN (Reuters) -German industrial output rose less than expected in April, darkening the outlook for the euro zone’s largest economy following weak new orders data earlier this week. Production increased by 0.3% on the previous month, the federal statistical office said on Wednesday. In a Reuters poll, analysts had pointed to an…
(Reuters) -Britain’s Payment Systems Regulator (PSR) said on Wednesday it has made it mandatory for banks and payment firms to reimburse victims of online bank fraud within five days, in cases where users at a business send money to a bank account controlled by fraudsters. Thousands of people have seen their savings swept away in…
By Elena Fabrichnaya MOSCOW (Reuters) – Russia’s No. 2 lender VTB expects to raise 94 billion roubles ($1.15 billion) in its secondary public offering (SPO), CFO Dmitry Pyanov said, in a capital top-up that will see an undisclosed investor acquire a chunk of the state’s share in the bank. VTB purchased rival Otkritie for 340…
By Jack Queen (Reuters) – Cuba Gooding Jr. reached a settlement on Tuesday with a woman who sued him for $6 million on an accusation that he raped her a decade ago, with the agreement coming minutes before jury selection was set to being in Manhattan federal court. The eleventh-hour deal means the Oscar winning…
By Trevor Hunnicutt and Matt Spetalnick WASHINGTON (Reuters) -U.S. Vice President Kamala Harris said on Tuesday that Israel’s democracy requires “an independent judiciary,” wading into the controversy over Prime Minister Benjamin Netanyahu’s proposed judicial overhaul that has drawn mass protests in Israel. “America will continue to stand for the values that have been the bedrock…
