Dollar stumbles as markets reassess their interest rate bets, ECB watched

US dollar banknotes are shown in this illustration taken, February 14, 2022. REUTERS / Dado Ruvic Register now to get free unlimited access to Reuters.com Register US bets on a rate hike slow the path of aggressive Fed tightening Investors look forward to the annual European Central Bank Forum in Sintra The US dollar is … Read more

Stocks dampened inflation expectations due to copper bombardment

S&P futures rise 0.9%, European shares rise 1.5% MSCI global shares eye 2.5% weekly gain Copper falls more than 7% in the week, oil is down 2% German 10-year bond yields fell by 4 basis points LONDON (Reuters) – Global stocks are headed for their first weekly gain in a month, and Wall Street is … Read more

US meets with refineries on high pump prices; No plan yet – sources

US Energy Secretary Jennifer Granholm has expressed interest in a possible lifting of gasoline rules to combat smog to combat high pump prices and backed away from a plan to ban fuel exports during a wide-ranging meeting with refiners, two industry sources said. Thursday. With tensions rising between US President Joe Biden and Big Oil, … Read more

Afghanistan earthquake kills at least 1,000 people trapped under rubble

KABUL (Reuters) – The death toll from Wednesday’s earthquake in Afghanistan has reached 1,000, with more than 600 injured, and the death toll is expected to rise as information flows from remote mountain villages, disaster management officials said. Houses were reduced to rubble and bodies were later dumped on the ground 6.1 magnitude earthquakePictures showed … Read more

Thousands walk out in Britain’s biggest rail strike in 30 years as Johnson vows to stay firm

More than 40,000 railway workers have left The government is under pressure due to the cost of living crisis Trade unions say strike could start ‘summer of discontent’ LONDON (Reuters) – Tens of thousands of workers walked out on the first day of Britain’s biggest rail strike in 30 years on Tuesday, as commuters faced … Read more

Europe may return to coal as Russia rejects gas flows

A photo of pipes is taken at the landing facilities of the “Nord Stream 1” gas pipeline in Lubmen, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now to get free unlimited access to Reuters.com Register Germany may take ‘painful’ step to ignite coal power Italy and Austria are also looking to burn more coal … Read more

Russians advance and Zelensky expects escalation as EU prepares to welcome Ukraine

EU takes decision on Ukraine’s membership bid Zelensky says the battle for Donbass will intensify Sievierodonetsk city center of Russian attacks NATO’s Stoltenberg says the war could go on for years Kyiv (Reuters) – Russian forces seized riverside territory along the frontline in eastern Ukraine on Monday and President Volodymyr Zelensky predicted Moscow would step … Read more

Price hike week has stocks on track for biggest drop since 2020

Pedestrians reflect in a window in front of a board displaying stock prices on the Australian Stock Exchange (ASX) in Sydney, Australia, February 9, 2018. REUTERS/David Gray/File Photo Register now to get free unlimited access to Reuters.com Register Everyone except the Bank of Japan is hiking Stocks fall as economic risks grow Yen falls as … Read more

In the hottest cities on Earth, mothers bear the brunt of climate change

Jacobabad in Pakistan reaches 51 °C (124 °F) Women are especially vulnerable to extreme heat – studies Scientists warn that pregnant women are at greater risk More photo essay: JAKOBABAD, Pakistan (Pakistan) (Reuters) – A pregnant Sunari weighs in under the blazing sun in fields filled with bright yellow watermelons in Jacobabad, which last month … Read more

Global stocks near new lows in 2022 amid inflation fears

LONDON (Reuters) – Global stocks plunged towards 2022 lows and the Japanese yen fell to levels not seen in nearly a quarter of a century on Monday as sweltering inflation in the United States fueled fears of a more aggressive policy tightening in a large region. Central Bank Week. The significantly higher-than-expected US CPI reading … Read more