Gas supply crisis in Europe worsens after Russia imposes sanctions

Russia imposes sanctions on European companies affiliated with Gazprom The Polish operator of the Yamal-Europe division was also affected Germany loses 10 million cubic meters per day of gas supply Dutch gas prices closed 12% higher BERLIN (Reuters) – Pressure on Europe to secure alternative gas supplies increased on Thursday as Moscow imposed sanctions on … Read more

North Korea reports COVID cases, launches 3 ballistic missile tests

SEOUL (Reuters) – South Korea and Japan said North Korea fired three ballistic missiles toward the sea off its east coast on Thursday in its latest tests aimed at advancing its weapons programs even as it reported an outbreak of the COVID-19 disease. for the first time. Three short-range ballistic missiles were launched at about … Read more

Stocks in decline, dollar rises as fears of a hard landing escalate

A broker interacts while trading on his computer at a stockbroking firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas Register now to get free unlimited access to Reuters.com Register Global stocks fell to their lowest level in a year and a half, down nearly 20% year-to-date Europe drops more than 2% struggling US stock … Read more

A closer look: China’s Xiaomi launches investigations into India’s main market

A man walks past the logo of Xiaomi, the Chinese consumer electronics manufacturer, outside a store in Mumbai, India, May 11, 2022. REUTERS/Francis Mascarenhas Register now to get free unlimited access to Reuters.com Register NEW DELHI (Reuters) – Chinese smartphone giant Xiaomi Corp (1810.HK) It faces legal problems in India as a federal financial crime … Read more

NATO welcomes Nordic members as Ukraine pushes Russian forces back

Finland expected to announce its attempt to join NATO Ukraine stops the main route for transporting Russian gas to Europe Russia imposes sanctions on Gazprom units in Europe and the United States Ukrainian forces seek to cut Russian supply lines on the battlefield Kyiv/BRUSSELS (Reuters) – Finland is expected to announce on Thursday its intention … Read more

Stocks churned, they are closed; Yields fall after US inflation data

NEW YORK (Reuters) – Wall Street closed sharply lower and Treasury yields fell in a volatile session on Wednesday, as oil prices soared and investors worried about a possible economic slowdown. US stock indices were swinging up and down during the session as investors chose US inflation data for clues about the path of the … Read more

Stablecoin Terra’s broken dollar peg hits broader crypto markets

A bank of crypto miners work at the Scrubgrass plant in Kennerdale, Pennsylvania, US, March 8, 2022. REUTERS/Alan Fried Register now to get free unlimited access to Reuters.com Register HONG KONG, May 10 (Reuters) – TerraUSD, one of the world’s largest stablecoins, lost a third of its value on Tuesday, spooking crypto investors and partly … Read more

Ukraine halts transport of major Russian gas to Europe, blaming Moscow

Gas pipelines at the Atamanskaya compressor station, a facility of the Gazprom Power of Siberia project outside the far eastern town of Svobodny, in the Amur region, Russia, November 29, 2019. REUTERS/Maxim Shemetov. Register now to get free unlimited access to Reuters.com Register Kyiv/LONDON (Reuters) – Ukraine said on Tuesday it would suspend the flow … Read more

Biden says Fed targets inflation, China tariffs may go down

WASHINGTON (Reuters) – U.S. President Joe Biden, under pressure to tame high inflation, told Americans on Tuesday that he understood what they were grappling with and that he and the U.S. Federal Reserve were working to resolve the major issue affecting his counterpart. Administration. “They are frustrated” about Americans paying more for goods and services … Read more

The US Congress plans about an additional $40 billion to help Ukraine and the COVID-19 wait

WASHINGTON (Reuters) – U.S. Congressional Democrats have agreed to pay $39.8 billion in additional aid to Ukraine, two sources familiar with the proposal said on Monday, easing concerns that a vote delay could disrupt the flow of U.S. weapons to the Kyiv government. The House can pass the plan, which exceeds President Joe Biden’s request … Read more