Breaking News: Europe
Deutsche Bank beats expectations to post eighth straight quarter of profit
A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany, September 30, 2016. Kai Pfaffenbach | Reuter Deutsche Bank beat market expectations to post an eighth straight quarter of profit on Wednesday, recording a second-quarter net income of 1.046 billion euros ($1.06 billion). The German lender exceeded consensus expectations among […]
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IMF slashes global GDP forecast as economic outlook grows ‘gloomy and more uncertain’
The International Monetary Fund on Tuesday cut its global growth projections for 2022 and 2023, dubbing the world’s economic outlook “gloomy and more uncertain.” The IMF now expects the world economy to grow 3.2% this year, before slowing further to a 2.9% GDP rate in 2023. The revisions mark a downgrade of 0.4 and 0.7 […]
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Germany fears ‘serious’ situation as Russian gas flows are set to dwindle; Ukraine looks to resume grain exports
Ukraine’s economy has seen a sharp decline due to Russia’s war, says top aide A view of damage after market place hit by Russian attacks as Russia-Ukraine War continues in Bakhmut, Donetsk Oblast, Ukraine on July 25, 2022. Metin Atkas| Anadolu Agency | Getty Images Russia’s assault on Ukraine has taken a significant toll on […]
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Wheat prices rise after Odessa attack; Russia says it targeted Ukraine military
Kremlin says Odessa strikes hit military infrastructure A spokesperson for the Kremlin on Monday insisted that the strikes in Odessa at the weekend targeted military infrastructure. Repeating an earlier statement from the defense ministry, Dmitry Peskov told reporters that the strikes wouldn’t influence the gain exports from the region. Ukrainian President Volodymyr Zelenskyy called the […]
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Russia-Ukraine expected to sign grain export deal; U.S. says Moscow deliberately weaponized food
Turkey says Russia and Ukraine are close to signing grain export deal A farm implement harvests grain in the field, as Russian-Ukrainian war continues in Odesa, Ukraine on July 04, 2022. Metin Aktas | Anadolu Agency | Getty Images A U.N.-backed deal to resume exports of Ukrainian grain could be signed on Friday, easing a […]
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No evidence Putin is sick, CIA chief says; Ukraine desperate for air defense systems as forces hold the frontline
CIA director says Putin is wrong on Western resolve in Ukraine CIA Director William Burns in Washington, DC on October 27, 2021. Vladimir Putin’s view that Western resolve in Ukraine will gradually weaken is wrong, said CIA Director William Burns at the Aspen Security Forum on Wednesday. Drew Angerer | Getty Images News | Getty […]
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Ukrainian first lady urges Congress to send more weapons for fight against Russia
Ukrainian First Lady Olena Zelenska speaks to members of the US Congress about Russia’s invasion of Ukraine, in the US Capitol Visitors Center Auditorium on July 20, 2022, in Washington, DC. Saul Loeb | AFP | Getty Images WASHINGTON — Ukraine’s first lady, Olena Zelenska, on Wednesday urged bipartisan lawmakers to send more weapons to her […]
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Putin says Ukraine has no ‘desire’ to pursue peace deal; Russians look to advance on key city Bakhmut
Trade official says 140 Finnish companies have trimmed operations in Russia The logo of Finnish dairy-products exporter Valio seen at the company’s offices in St. Petersburg on August 12, 2014. Over the past few months, 140 Finnish companies have reduced business in Russia to one degree or another, Russian state-owned news agency Ria Novosti reported […]
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Russia is laying the groundwork to annex Ukrainian territory, White House says
Britain’s Ministry of Defense has said that Russian forces, having seized the Luhansk province in the Donbas after weeks of intense shelling, are likely to employ the same tactics to seize Donetsk Scott Olson | Getty Images WASHINGTON – The White House said Tuesday that it has intelligence to indicate Russia is taking steps to […]
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UK shatters record for its hottest day ever with temperatures hitting 104.4 Fahrenheit
U.K. rail services were heavily impacted Monday, with buckled rails reported and overhead wire systems failing in some places. Picture Alliance | Picture Alliance | Getty Images LONDON — Britain recorded its hottest-ever day Tuesday, with temperatures hitting a high of 40.2 degrees Celsius (104.4 degrees Fahrenheit) in south England, according to provisional data from […]
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