Euro rises, yen falls to 24-year low

The euro rose on Tuesday, drawing support from the European Central Bank’s plans to raise interest rates to contain inflation, while the yen slumped to a 24-year low as the Bank of Japan’s ultra-loose monetary policy stance continued to weigh.
21 June 2022

Macron rejects PM’s resignation

French President Emmanuel Macron was holding talks yesterday with the opposition on ending the deadlock sparked by his failure to secure a majority in
21 June 2022

Recession looms over German economy amid Russian gas crisis

Germany faces certain recession if already faltering Russian gas supplies completely stop, an industry body warned on Tuesday, as Italy said it would consider offering financial backing to help companies refill gas storage to avoid a deeper crisis in winter.
21 June 2022

France vote upset: Macron seeks to salvage power

French President Emmanuel Macron and his allies were scrambling yesterday for a way out of political deadlock after losing their parliamentary majority in a stunning blow for the president and his reform plans.
20 June 2022

French election: Macron loses absolute majority in parliament

French President Emmanuel Macron lost control of the National Assembly in legislative elections on Sunday, a major setback that could throw the country into political paralysis unless he is able to negotiate alliances with other parties.
20 June 2022

French President Macron on course to lose absolute majority in parliament

President Emmanuel Macron is on course to lose his absolute majority in the National Assembly and control of his reform agenda after the first projections by four pollsters showed Sunday's election delivering a hung parliament.
19 June 2022

Spanish PM faces regional election test in Andalusia

Andalusia votes yesterday in an early regional election that the incumbent conservative Popular Party is expected to win comfortably, dealing a blow to Spain’s Socialist Prime Minister Pedro Sanchez ahead of a national vote expected at the end of 2023.
19 June 2022

Macron battles for control of House as France votes

Voting was underway in France yesterday in a parliamentary election that could deprive newly re-elected centrist President Emmanuel Macron of the absolute majority he needs to govern with a free hand.
19 June 2022

108 migrants rescued off Greece, 4 missing

Greece’s coastguard continued to search for four missing migrants off the island of Mykonos yesterday after rescuing another 108 migrants on a sailboat that sent a distress signal late on Saturday, officials said.
19 June 2022

Europe braces for blistering June weekend heat

France, Spain and other western European nations yesterday braced for a sweltering June weekend that is set to break records and sparked concern about forest fires and the effects of climate change.
18 June 2022

‘Politically motivated’

Britain’s interior minister Priti Patel suggested in an interview published yesterday that a European court’s intervention to stop a deportation flight to Rwanda was politically motivated.
18 June 2022

UK clears Assange extradition to US

Britain yesterday approved a US government request to extradite WikiLeaks founder Julian Assange to face trial over the publication of secret military files, prompting outrage from his supporters.
17 June 2022

UK PM loses 2nd ethics chief

British Prime Minister Boris Johnson’s top ethics advisor said he had quit after the government forced him into an “impossible and odious” position, according to
16 June 2022

Oil prices fall after rate hikes, but tight supply limited losses

Oil prices erased early gains to fall to two-week lows on Thursday on the back of inflation concerns highlighted by interest rate hikes in the United States, Britain and Switzerland, though tight oil supply limited losses.
16 June 2022

Growing numbers avoiding news as ‘too depressing’

The depressing state of the world is leading people to switch off from the news, the Reuters Institute reported yesterday.
15 June 2022

Climate change: Govts’ inaction ‘dangerous’

UN Secretary-General Antonio Guterres on Tuesday warned of a “dangerous disconnect” between what scientists and citizens are demanding to curb climate change, and what governments are actually doing about it.
15 June 2022

Post-Brexit trading rules for N Ireland: EU sues UK

The European Commission launched new legal action against Britain yesterday, accusing London of putting peace in Northern Ireland at risk by trying to overhaul the post-Brexit trade deal.
15 June 2022

Urgent UN appeal to Myanmar junta to halt executions

The UN rights chief said yesterday Myanmar’s junta has likely committed crimes against humanity and urged authorities to stop planned executions, including of prominent democracy activists.
14 June 2022

Countries blame China

Dozens of countries yesterday voiced concern at alleged abuses in China’s Xinjiang region, and demanded that the UN rights chief publish a long-delayed report on the rights situation there.
14 June 2022

UK defends Rwanda deportation policy

The UK government yesterday defended its controversial policy to send asylum seekers to Rwanda, even as the entire senior leadership of the Church of England branded it shameful and immoral.
14 June 2022