Lagarde Says ECB Can Now Observe Impact of Its Rate Hikes
The European Central Bank is now at a point where it can pause and assess the impact of
1970-01-01 08:00
Euro-Area Growth Outlook Faces Downside Risks, ECB’s Guindos Says
European Central Bank Vice President Luis de Guindos said there are risks to the current growth outlook and
1970-01-01 08:00
Russia singer killed in occupied Ukraine after missile strike hits concert hall during her performance
A Russian singer entertaining soldiers in occupied Ukraine has been killed after a missile hit the concert hall in which she was performing, local reports have confirmed. Polina Menshikh was performing at a dancehall in the town of Kumachove, Donetsk Oblast, roughly 37 miles from the frontline when two missiles allegedly struck the area on 19 November. The first missile hit the car park outside and the second struck the hall, according to Russian commentators on Telegram. A video circling among Russian military blogger channels appears to show the moment the first missile hits the car park while Ms Menshikh was singing inside. A few seconds later, the screen then goes black before abruptly cutting out. Ms Menshikh later died in hospital of her injuries. She had been performing for the Russian soldiers to mark Artilleryman's Day. A Ukrainian army spokesperson has confirmed media reporting of the incident. At least 20 Russian soldiers also died as a result of the strike, according to other Ukrainian channels. The attack has caused considerable frustration among the Russian milblogger community on Telegram. Mikhail Zvinchuk, author of the ‘Rybar’ channel on Telegram, one of the most followed war bloggers on the social media site, described the incident as the result of “stupid” local commanders. “The tragedy of the situation lies in the fact that the fighters who were in the recreation centre most likely themselves understood perfectly well how large gatherings of people in a combat zone would end,” he wrote. “And they clearly put their knowledge into practice on the front line, camouflaging positions and avoiding clusters in order to avoid falling under enemy attacks. “But in the end, all previous efforts went to waste because of one stupid decision to gather in a huge crowd in a conspicuous place. “And its price, among other things, was the death of a female singer who, unlike the others, had no combat experience, and who entrusted her life to seemingly experienced people.” Alexander Garmaev, a Russian war journalist, claimed the strike had left many Russian soldiers feeling the need to shelter further away from the frontline when off-duty, which he called “pushing back the safe rear”. Portal, a theatre studio based in St Petersburg associated with Ms Menshikh, said a performance on 9 December will be dedicated to the singer. Read More Russia singer killed in occupied Ukraine after missile hits the concert hall Putin pardons two cannibals who joined Russia’s war in Ukraine – report Russia pauses attacks across Ukraine frontline amid losses in battle for Avdiivka Russia-Ukraine war live: China in ‘secret talks for underwater Crimea tunnel’ Sunak is under pressure to act as the UK's net migration figures for 2022 hit a record high Europe's far-right populists buoyed by Wilders' win in Netherlands, hoping the best is yet to come
1970-01-01 08:00
Trader Error Means Some Finnish Consumers to Get Free Power
An error by a trader caused Finnish power prices to plunge into negative territory on Friday, prompting the
1970-01-01 08:00
Turkey Nears First Bond Sale to Abu Dhabi Fund in Landmark Deal
Turkey is weighing its inaugural bond sale to an Abu Dhabi sovereign wealth fund by the end of
1970-01-01 08:00
Russia-Ukraine war – live: Putin suffers ‘mass casualties’ as China ‘in secret talks over tunnel to Crimea’
Ukraine’s long-range precision strikes are inflicting mass casualties among Vladimir Putin’s forces “well behind the frontline”, the UK’s Ministry of Defence has claimed. The dire lack of rotation among frontline troops is leaving Russia’s commanders with “an acute dilemma” of whether to keep soldiers safely dispersed or gather them in groups to boost morale, the ministry claimed – pointing to two recent strikes which likely caused dozens of casualties in Russian-held territory. Meanwhile, Ukraine’s military claimed to be inflicting major losses as Russia seeks to try and encircle the key strategic city of Avdiivka in the east, with Kyiv insisting its soldiers are “standing their ground” and “steadfastly holding the defence”. It came as the Washington Post reported that Ukraine’s security service had intercepted emails showing Chinese business executives were potentially open to helping Russia construct a vast underwater tunnel linking the mainland to annexed Crimea. While the project would likely take years to complete, retaining the annexed peninsula is a priority for Vladimir Putin, whose prized 11-mile bridge over the Kerch Strait is under sustained Ukrainian attacks. Read More Putin G20 speech: What Russian leader said in virtual address about Ukraine war ‘tragedy’ Ukraine says at least three dead in Russian airstrike on hospital Putin may start sourcing ballistic missiles from Iran, warns White House Finland erects barriers at border with Russia to control influx of migrants. The Kremlin objects
1970-01-01 08:00
UK Videogame Boss’s Wealth Cut by £40 Million Weeks Before Exit
British videogame entrepreneur Debbie Bestwick saw the value of her stake in Team17 Group Plc drop by £40
1970-01-01 08:00
Airbus and Boeing Poised for Major Thai Airways Widebody Order
Thai Airways International Pcl is considering a possible order for as many as 90 mostly widebody aircraft from
1970-01-01 08:00
Nissan Pledges £2 Billion to Expand UK Electric-Vehicle Hub
Nissan Motor Co. will significantly ramp up electric-vehicle production in the UK with a £2 billion ($2.5 billion)
1970-01-01 08:00
BOE Will Not Relent in Inflation Battle, Chief Economist Says
The Bank of England will not relent in its fight against inflation despite signs that the UK economy
1970-01-01 08:00
Germany Must Be Able to Run Budget Deficits, Ifo’s Fuest Says
The German government can’t manage without deficits if it wants to fulfill its investment and climate ambitions, according
1970-01-01 08:00
Dublin stabbings – latest: Workers told to stay away as riots break out across city
People in Dublin have been urged to work from home today after violent riots broke out across Ireland’s capital over a knife attack that left at least five people injured. Police said “significant levels” of public disorder and criminal damage were carried out with trams, buses, cars and other public properties set on fire during the clashes. Labelling them “disgraceful scenes”, Garda Commissioner Drew Harris said a “complete lunatic faction driven by far-right ideology” is behind disorder in the capital. This comes after an attack unfolded shortly after 1.30pm in Parnell Square East, near the Irish-medium primary school Gaelscoil Cholaiste Mhuire, which left five people injured. The casualties include three young children, an adult female and an adult male. Two girls are receiving treatment for serious injuries, while a five-year-old boy has been discharged. Both adults remain in hospital after suffering serious wounds. Police believe the attack was a “standalone” incident and is not terror-related. The scene remains cordoned off, while a man in his 50s has been arrested and named as a “person of interest” in the investigation. Read More 34 arrests made after rioting in Dublin following school knife attack Dublin riots: Looted shops, blockaded roads and burning cars in night of violence Buses and trams burned in Dublin riots after children injured in knife attack
1970-01-01 08:00