(Reuters) – Slovak opposition failed to fire powerful Finance Minister Igor Matovic on Tuesday, but the result spells further instability for the firmly pro-Western and pro-Ukraine government. The row over Matovic, a divisive former prime minister and …
Lula, Bolsonaro seek new allies for tight Brazil runoff
By Anthony Boadle and Ricardo Brito BRASILIA (Reuters) -Brazilian President Jair Bolsonaro and his leftist challenger were hunting endorsements on Tuesday, party officials said, as they fine tuned their campaigns for a runoff in an election that has pr…
Truss faces new challenge over UK welfare payments
By Andrew MacAskill and Kylie MacLellan BIRMINGHAM, England (Reuters) -British Prime Minister Liz Truss triggered a new row in her party on Tuesday by suggesting she could limit increases in benefit payments by less than soaring inflation as she seeks …
Tourism revenues on the mend in Mediterranean countries
(Reuters) – Even if the number of visitors has still not quite recovered to pre-pandemic levels, Mediterranean countries are enjoying a much-needed boost as inflation and a strong sector recovery lift this year’s tourist spending and tax receipts highe…
Monte dei Paschi unions say 4,125 staff ready to exit
FLORENCE, Italy (Reuters) -Unions at Monte dei Paschi di Siena on Tuesday said 4,125 employees of the state-owned bank had come forward to take up an early exit scheme. Monte dei Paschi (MPS) aims to launch a new share issue later this month for up to …
Euro zone banks shouldn’t bet on more state help, Enria says
VIENNA (Reuters) – Euro zone banks shouldn’t bet on governments stabilising the economy once more and must instead watch for loans that go unpaid, the European Central Bank’s top supervisor Andrea Enria said on Tuesday. Enria said the COVID-19 pandemic…
Britain’s tax backdown bounces stocks and sterling
By Tom Westbrook SYDNEY (Reuters) – Asian stocks bounced on Tuesday after Britain scrapped bits of a controversial tax cut plan, tentatively improving global market sentiment and rallying bonds and the pound. In trade thinned by holidays in China and H…
North Korea backs Russia’s proclaimed annexations, criticises U.S. ‘double standards’
By Hyonhee Shin SEOUL (Reuters) – North Korea supports Russia’s proclaimed annexation of parts of Ukraine, its foreign ministry said on Tuesday, accusing the United States of applying “gangster-like double standards” in interfering in other country’s a…
North Korea conducts longest-range missile test yet over Japan
By Hyonhee Shin, Josh Smith and Kantaro Komiya SEOUL/TOKYO (Reuters) -Nuclear-armed North Korea test-fired a ballistic missile farther than ever before on Tuesday, sending it soaring over Japan for the first time in five years and prompting a warning f…
Brazil girds for tight runoff vote after Bolsonaro’s strong showing
By Gram Slattery and Gabriel Stargardter RIO DE JANEIRO (Reuters) -Brazil’s Jair Bolsonaro and his leftist rival Luiz Inacio Lula da Silva on Monday buckled up for four more weeks of intense election campaigning after the president’s unexpectedly stron…