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Hi folks, it’s Kristen, logging on from our London office. The UK is where the current outbreak of monkeypox in the US and Europe was first identified, and public health experts here are mulling what steps might need to be taken to combat the spread. This wee…
The world's central bank umbrella group called for interest rates to be raised "quickly and decisively."
Stagflation Threat Needs Central Bank Action, BIS Warns Bloomberg
It was while sitting apparently alone in a London hotel basement that Christine Lagarde engineered a fix to the euro zone’s most alarming debt turmoil since the pandemic struck.
After months of teetering on the edge of default, Russia is now just hours away from a dramatic moment in the financial battle that the US and others have waged against the Kremlin over its invasion of Ukraine.
Prices for copper, tin and other metals plummeted last week as recession fears grow.
China’s capital city is offering subsidies for purchases of new-energy vehicles to replace old cars, the latest attempt by local authorities to boost consumption in a slowing economy.
French President Emmanuel Macron, whose party lost its outright majority in the lower house of Parliament a week ago, asked Prime Minister Elisabeth Borne to form a new cabinet by early July and sound out lawmakers from other parties about reforming the count…
Garnik Kazarian, a 31-year-old from Moscow, spent almost three months last year picking strawberries on a farm in Scotland. His hopes to return to the UK this season were dashed when a recruitment firm canceled the sponsorship certificate he needed to get a v…
Four Russian missiles struck residential buildings in the center of Ukraine’s capital early Sunday in what Kyiv Mayor Vitali Klitscho said was an attempt to “intimidate Ukrainians.” The strikes followed widespread bombardments in the north and west on Saturda…
The Chinese city of Dandong, which borders North Korea, warned on Sunday of a persistent risk of new Covid-19 flareups as it gradually opens up from a weekslong lockdown.
The G-7 summit in the Bavarian Alps offers the chancellor a prime opportunity to counter critics who see him as out of his depth.
Putin has already shown that the country’s economy is of secondary importance to his imperialist ambitions.
Australia’s inflation “problem” will get worse in coming months and the situation is expected to improve only in 2023, Treasurer Jim Chalmers said.
New York (AP) -- U.S. Rep. Mary Miller of Illinois, speaking at a rally Saturday night with former President Donald Trump, called the Supreme Court's decision overturning Roe v. Wade a “victory for white life.”
Paetongtarn Shinawatra, daughter of former Thai premier Thaksin Shinawatra, is the top choice of voters to lead the Southeast Asian nation after it holds general elections in less than a year, according to an opinion poll.
Chinese lawmakers approved a change to the law that would allow it to fight back at any perceived insult at international sporting events, underscoring the lengths President Xi Jinping’s government will go to protect China’s reputation abroad.
India’s largest digital assets exchanges are bracing for a drawn-out crypto winter — one with some unwelcome local twists.
California families would get as much as $1,050 to offset rising gas prices and inflation under a tentative agreement between Gov. Gavin Newsom and Democrats in the Legislature.
Group of Seven negotiators agreed that discussions on a potential price cap on Russian oil had progressed enough to send the issue to leaders to discuss at a summit starting Sunday in Germany, according to people familiar with the matter.
Embattled UK leader Boris Johnson said he plans to stick around as prime minister for a third term until the mid-2030s, an act of defiance in the face of mounting political defeats and pressure within his own Conservative Party.
Togo and Gabon officially joined the Commonwealth Saturday, continuing an expansion of the group of nations beyond ex-British colonies as smaller states seek to benefit from an association that could bring $2 trillion in trade by 2030.
Planned Parenthood Association of Utah filed a lawsuit seeking to block Utah’s new law banning all elective abortions that went into effect late Friday.
When the central bank chiefs of the US, the euro zone and the UK exchange views in public on Wednesday, the admonishments of politicians may still be ringing in their ears.
The World Health Organization opted against calling the recent monkeypox outbreak a public health emergency of international concern.
Bond investors are torn about whether the recent pullback in yields -- fueled by increasing fear of recession -- marks an end to the worst Treasury bear market of the modern era, or just a pause.
Greta Thunberg roused the crowd at the popular Glastonbury festival into chants of “climate … justice.”
Providence, R.I. (AP) -- A Rhode Island police officer accused of punching a woman at an abortion protest while he was off-duty was suspended from his job with pay Saturday while the Providence Police Department conducts a criminal investigation into his acti…
Washington Governor Jay Inslee pledged to block hardline anti-abortion jurisdictions such as Texas from learning who travels to the state for the procedure, the latest escalation in the US divide over reproductive rights.
Host June Grasso speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news.
For all the pain that has piled up in the US stock market, one thing has been in surprisingly short supply: Fear.
Dutch Prime Minister Mark Rutte said he opposes reconsidering trade relations with China over its policies toward Hong Kong and its Uyghur minority.
Women-led startup Sesame Solar --- which has Comcast and U.S. Air Force as customers --- says its "nanogrid" emergency power generator is set up in 15 minutes.
The US labor market is stronger today than many thought possible. But cracks are emerging, signaling that it’s not going to last.
US President Joe Biden and fellow Group of Seven leaders will agree to announce a ban on new gold imports from Russia, a person familiar with the plan said, the latest sanction in response to the Russian invasion of Ukraine.
Societe Generale SA Chief Executive Officer Frederic Oudea said the French lender wants to grow organically in Africa amid uncertainties such as the post-pandemic recovery and insecurity.
Eneva SA, the Brazilian power company that counts Banco BTG Pactual SA among its backers, has raised 4.2 billion reais ($801 million) in an equity offering.
Amazon Employees Want Amazon to Ban Books They Deem Anti-Transgenderbloomberg.com
In 2012, the World Bank canceled a $1.2 billion loan to build Bangladesh’s longest bridge citing corruption, which the government said was never proven. Prime Minister Sheikh Hasina said days later her government would build the bridge with its own funds.
Pfizer and BioNTech say in update that changing the COVID-19 vaccine to better target the omicron variant is safe and effective.
The Bloor West Village Women’s Clinic in Toronto has had very few American patients, despite advertising its abortion services internationally. That may be about to change.
Zimbabwe’s central bank plans to more than double the benchmark interest rate -- already the highest in the world -- to 190%, a member of its monetary policymaking committee said, as it seeks to put a brake on soaring inflation.
President Emmanuel Macron’s party will seek to enshrine the right to abortion in the French Constitution after several US states imposed an immediate ban following Friday’s Supreme Court’s ruling.
In 2021, Kimanzi Constable and his wife sold their house in Florida and left the U.S. to travel the world full-time. Now, they're living as digital nomads in cities like Lisbon, Rome and Nice — and cut their monthly spending budget by 50%.
A new House report suggests Robinhood's senior leaders were blindsided by their clearing house's collateral demands.
Crypto is undergoing a historic bout of volatility, but options traders are seeing positive signs within the market in the wake of the ruckus and controversy that overtook digital-asset lenders and others in the sector.
A well-crafted cover letter can open doors that might otherwise have remained closed.
President Joe Biden criticized the US Supreme Court for making “terrible decisions,” a day after it struck down the constitutional right to abortion.
What’s buzzing on social media this morning:
Spain plans to hand out an extra 9 billion euros ($9.5 billion) in new tax breaks and direct aid to soften the impact of soaring prices threatening the euro area’s fourth-largest economy.
Just days after saying Singapore is “brutal and unrelentingly hard” on bad behavior in the crypto industry, Sopnendu Mohanty, chief fintech officer at the city’s regulator, struck a cordial tone.
"The inflation rhetoric is cooling while the recession narrative is gaining headlines," says Bob Schwartz, senior economist at Oxford Economics.
President Joe Biden signed gun-safety legislation into law that he called the most significant of its kind in decades, restricting firearms access for the youngest buyers and offering incentives for states to set up “red flag” laws.
The People’s Bank of China will create a yuan reserve pool with the Bank for International Settlements and five other regulators to provide liquidity to participating economies in periods of market volatility.
You need to establish short-term rewards for yourself to achieve long-term goals, according to Charles Duhigg, author of "The Power of Habit."
The US Supreme Court overturned the 1973 Roe v. Wade decision in a historic ruling that ended the constitutional right to abortion and will likely make the procedure largely illegal in half the country.
Iran has agreed to restart talks with the US, facilitated by the EU to solve outstanding issues in the coming days, EU Vice President Josep Borrell Fontelles says in a series of tweets.
On a US Supreme Court dominated by an ambitious conservative wing, Chief Justice John Roberts has become a man on an island.
When the police of El Puyo, a provincial capital in Ecuador’s Amazon region, were confronted this week by a crowd of protestors enraged by surging fuel prices, they opted to flee.
The hottest electric cars in the US market aren’t coming from Tesla factories. All eyes are on Hyundai’s Ioniq 5 and the Kia EV6.
Hi, it’s Cynthia writing from New York. We wouldn’t normally send you a newsletter on a Saturday but these aren’t normal times: The Supreme Court just voted to overturn the landmark Roe v. Wade decision that grants women the right to abortion. First, let’s lo…
At least one GOP congressman is said to have inquired about a ‘blanket’ pardon a month earlier.
Some of largest U.S. banks are working with the Treasury Department, engaging in cybersecurity simulation exercises, and sharing information they would have guarded closely in the past.
Marlboro maker Philip Morris, which has a stake in the e-cigarette maker, takes a hit, too.
A major “capitulation event” in which Bitcoin miners funnel thousands of tokens to exchanges could signal an approaching bottom for the world’s largest cryptocurrency, if history is any guide.
Effects related to the Covid pandemic in recent months will make it challenging for China to meet its 5.5% annual growth target, a central bank adviser said, adding that pro-economy policies including special bond issuance could be on the way.
Germany Pushes for G-7 Reversal on Fossil Fuels in Climate Blowbloomberg.com
A wave of airline strikes and flight cancellations is deepening Europe’s transport crisis, disrupting travel plans just as the region’s peak summer season gets under way.
Bitcoin miners needing to sell could weigh on the token’s price for some time, according to JPMorgan Chase & Co.
Regent Street, London’s premier shopping thoroughfare, is struggling to shake off the lingering effects of Covid-19.
Russia started the fifth month of its invasion with widespread bombing of Ukrainian military and infrastructure targets, including in far western areas some 800 miles from major fighting in the Donbas. Airstrikes were launched from Belarusian territory for th…
A conversation with Orla O’Connor, co-director of Together For Yes, the civil society campaign that helped overturn Ireland’s abortion ban, on advocacy and how to build lasting support for women’s rights.
The invasion of Ukraine is exposing a fissure over attitudes to Moscow that runs through Italian business, politics and society at large.
There’s no place to hide for Kenya’s battered stock market amid the turmoil that’s weighed on equities globally this year.
Wimbledon’s decision to ban players from Russia and Belarus may not last beyond this year, says All England Lawns Tennis Club CEO Sally Bolton.
Dutch Prime Minister Mark Rutte said Italy should take charge of managing the cost of its government debt in financial markets.
It’s a vicious circle long familiar to those in traditional finance: trades made with borrowed money coming apart when the value of their collateral put up against the loans drops, forcing liquidations that in turn push prices down further. That pattern, driv…
UK is among industrialized countries that closed down huge amounts of oil refining
Deutsche Lufthansa AG doesn’t expect flight operations to return to normal until next year, after cutting 3,100 flights from its summer schedule due to staff shortages.
Singapore imposed mandatory screening for tuberculosis in an apartment block after about 170 people tested positive for the infectious disease.