BOE Newcomer Greene Warns Inflation Won’t Automatically Fall
The Bank of England’s incoming rate setter Megan Greene cautioned against complacency in the fight against inflation. “It
2023-07-03 21:45
Israeli Anti-Government Protests Escalate Amid West Bank Assault
Israel’s anti-government protest movement launched a series of major disruptions on Monday, including an attempt to sow chaos
2023-07-03 21:24
Turkish State Banks Resume Supporting Lira as Rout Deepens
Turkey’s state-run banks re-entered the foreign-currency market on Monday, selling as much as $1 billion by midday to
2023-07-03 20:47
ECB’s Rate-Hiking Campaign Has ‘Some Way to Go,’ Nagel Says
The European Central Bank’s historic series of interest-rate increases isn’t finished yet as upside risks to the inflation
2023-07-03 20:29
Thames Water Bonds Edge Higher on Bets Selloff Overdone
The bonds of the UK’s biggest water provider climbed on Monday as investors bet a selloff driven by
2023-07-03 20:22
Germany’s Industry Shows Lasting Weakness as Global Orders Drop
German machinery companies aren’t seeing any sign of improvement in business prospects amid persisting global weakness, according to
2023-07-03 19:30
Saudis and Russia Extend Oil Supply Cuts, Bolstering Prices
Saudi Arabia will prolong its unilateral oil production cut by one month, keeping a lid on supply amid
2023-07-03 19:24
Body recovered at Slieve League in County Donegal
The sea cliffs were closed for most of last week as police investigated an alleged assault.
2023-07-03 18:49
China Says It Wants More Cooperation With Russia’s Military
China said it wants closer ties with Russia’s military, a sign Moscow still has Beijing’s support after the
2023-07-03 18:20
Pope Francis condemns Swedish authorities’ decision to allow Quran burning: ‘Angry and disgusted’
Pope Francis said he is “angry and disgusted” at the burning of the Quran, days after a man tore up and burned a copy of the scripture outside a mosque in Sweden. Iraqi national Salwan Momika was charged with “agitation against an ethnic or national group” after he tore up pages of a copy of the holy book of Islam, wiped them on his shoe and eventually set the book on fire on Wednesday – the first day of Eid – last week. “Any book considered holy should be respected to respect those who believe in it,” the Pope told the United Arab Emirates newspaper Al Ittihad, in an interview published on Monday. “I feel angry and disgusted at these actions.” “Freedom of speech should never be used as a means to despise others and allowing that is rejected and condemned,” the pontiff said. Mr Momika called his act a move to highlight the importance of freedom of speech in a democracy. “It is in danger if they tell us we can’t do this.” Nearly 200 onlookers in the Swedish capital Stockholm witnessed the act at an anti-Quran demonstration. The protest has risked sparking a fresh diplomatic row with Turkey, which has been holding up Sweden’s bid to join Nato. Some of those present at the site of the demonstration shouted “God is great” in Arabic to protest the burning. One man was detained by police after he attempted to throw a rock. Representatives of the mosque were disappointed by the police decision to grant permission for the latest protest on the Muslim holiday of Eid al-Adha, mosque director and imam Mahmoud Khalfi said on Wednesday. “The mosque suggested to the police to at least divert the demonstration to another location, which is possible by law, but they chose not to do so,” Mr Khalfi said in a statement. The Swedish police had cleared the anti-Quran demonstration despite rejecting several such applications recently. The country’s court has overruled those earlier police orders, calling them an infringement on freedom of speech. Swedish prime minister Ulf Kristersson said the protest was “legal but not appropriate” and said it was up to the police to permit it or not. On Sunday, a group of 57 Islamic countries called for collective measures to prevent acts of desecration of the Quran, and sought an international law to bring an end to religious hatred. Read More Biden will host Sweden's prime minister at the White House as the Nordic nation seeks to join NATO Thousands protest in Iraq for a second day over burning of Quran in Sweden Protesters briefly storm the Swedish Embassy in Baghdad in protest over Quran burning Man tears up and burns Quran in protest approved by Swedish police Ruins of Turkish city of Antakya tell story of a rich past
2023-07-03 18:18
Casino Shares Drop After Warning of Looming Default
Casino Guichard Perrachon SA’s shares dropped to a new record low on Monday after the French grocer warned
2023-07-03 18:16
Russia Pledges to Reduce Oil Exports in August After Saudi Extends Voluntary Cut
Russia plans to cut crude export flows next month in an effort to keep the global market balanced,
2023-07-03 17:58