By Alexander Tanas CHISINAU (Reuters) -Moldova tightened restrictions on electricity exports on Friday to try to ease a shortfall in supplies, and the government faced new pressure to end the country’s dependence on Russian gas. Moldova’s economy has b…
I won’t stop, says Polish abortion activist as court hearing adjourned
By Joanna Plucinska and Anna Koper WARSAW (Reuters) – A court on Friday adjourned a hearing on whether a prominent activist broke Polish law by supplying pills to trigger an abortion, as she pledged to continue helping women terminate unwanted pregnanc…
Oil prices fall more than 3% on recession worries
By Stephanie Kelly NEW YORK (Reuters) -Oil prices plummeted more than 3% on Friday as global recession fears and weak oil demand, especially in China, outweighed support from a large cut to the OPEC+ supply target. Brent crude futures dropped $2.94, or…
Hardline Syria rebels sweep across north, 27 killed in clashes
IDLIB/BEIRUT (Reuters) – Hardline rebel fighters in northern Syria have clawed territory away from their Turkey-backed rivals this week in clashes that have left more than two dozen dead, the factions and a war monitor said on Friday. Tensions erupted …
UK’s Truss U-turns on tax cuts; pound and gilts tumble
LONDON (Reuters) -British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday, replacing him with former foreign minister Jeremy Hunt, and scrapped part of her big unfunded tax cut plans. Truss told a news conference Britain wo…
UK PM Liz Truss’s news conference after finance minister sacked
LONDON (Reuters) – British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday and scrapped parts of their economic package in a bid to stay in power and survive the market and political turmoil gripping the country. Below are …
UK’s Truss sacrifices finance minister, scraps tax plan in fight to survive
By Elizabeth Piper, Kate Holton and Alistair Smout LONDON (Reuters) – British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday and scrapped parts of their economic package in a desperate bid to stay in power and survive the …
Jeremy Hunt appointed UK finance minister
LONDON (Reuters) – Former foreign minister Jeremy Hunt has been appointed Britain’s finance minister, Prime Minister Liz Truss’s office said on Friday, following Kwasi Kwarteng’s resignation from the post. (Reporting by Sachin Ravikumar, Editing by Kyl…
Russian women pay the price in protests against Putin’s war
By Lena Masri and Charlie Szymanski LONDON (Reuters) – Women in Russia make up a rising proportion of those being detained in protests against President Vladimir Putin’s mobilisation for the war in Ukraine, data show, as many Russian men fear being sen…
Sterling holds gains on U-turn hopes
By Alun John LONDON (Reuters) – Sterling on Friday held onto the gains of previous day helped by reports the British government will reverse more of its controversial mini-budget, expectations reinforced by finance minister Kwasi Kwarteng’s early retur…