List of All Articles with Tag 'world'

Hungary’s inflation rate, the highest in the European Union, dipped below 10% for the first time in 18

The UK’s largest banks and asset managers will be tested against a hypothetical shock worse than last year’s

After a major default, investor attention usually turns to the potential payout from credit default swaps, a type

Arini, the hedge fund founded by former Credit Suisse debt trader Hamza Lemssouguer, is among the largest bondholders

Japan’s cabinet approved a ¥13.2 trillion ($87.2 billion) extra budget to support Prime Minister Fumio Kishida’s latest economic

Swiss police sent a tip-sheet to several banks and asset managers on how to spot suspicious payments directed

Thailand unveiled a $14 billion cash handout to jumpstart its economy, trimming the size of the planned stimulus

The secretary general of South Africa’s ruling African National Congress blamed apartheid for the country’s manifold problems and

Hong Kong lowered its economic growth forecast for this year in a sign that tough times are still

Ukraine’s global “peace summit” is likely to take place next year, amid concerns over diplomatic rallying for the end of war in Europe with a simultaneous war raging in Gaza. The war-hit country is arranging a fourth meeting of national security advisers in late November or early December, said Ihor Zhovka, president Volodymyr Zelensky’s top diplomatic adviser. “And the Global Summit might take place in February 2024,” he said in a statement. He added that the summit will “definitely” take place “as it will mark both the symbolic beginning of the practical implementation of the Ukraine ‘peace formula’ and summarise all the results that have already been achieved on this track”. Kyiv is looking to build a global coalition to come together and endorse a 10-point “formula” for peace in the region drafted by Volodymyr Zelensky. Under this plan, Mr Zelensky is calling for the restoration of Ukraine’s territorial integrity, complete ejection of Russian troops, protection of food and energy supplies, nuclear safety and release of all prisoners of war. After Russia launched its full-scale invasion of Ukraine, the Zelensky administration sought to build bilateral ties with several governments in Africa, Asia and Latin America. However, some officials in the West have flagged their concerns that the fierce war in the middle east will affect Ukraine’s push to broaden its support and also take away the attention from Kyiv’s cause. But Mr Zhovkva said that Kyiv is carefully considering the factors affecting its peace plan, adding that even if the middle east conflict was affecting agenda priorities for some countries in the region, the talks in Malta last month saw attendance from Saudi Arabia, Bahrain and Qatar. "We don’t need the summit for the sake of the summit. We are talking about the widest possible involvement of the leaders of the Global South. Therefore, we must carefully consider the time and place of the Summit," he said. Mr Zelensky has said he discussed preparations for the summit with his counterparts from Indonesia and Paraguay, urging them to join the bid. Ukraine has counted on its allies across the world for its peace formula talks and does not involve Russia. Vladimir Putin and his allies have repeatedly rejected the peace “formula”, stating that it will be impossible to implement. Read More Russia-Ukraine war: Russian army ‘overextended’ as Kyiv warns peace talks are ‘traps’ Analysis: Ukraine’s current frontline stalemate with Russia is hurting Kyiv Ramaswamy walks back moment he calls Zelensky ‘Nazi’ at GOP debate

Good morning from London, where it looks like the country has once again managed to dodge a policy-induced

Norway’s underlying inflation accelerated for the first time in four months, cementing the prospect of another rate hike