Migration to the UK Still Near Record Despite Sunak’s Clampdown
A near-record number of long-term migrants came to the UK in the year ending June, laying bare the
2023-11-23 18:51
Rwanda Central Bank Set to Continue Holding Interest Rates
Rwanda’s central bank paused its current monetary tightening cycle as it expects inflation to ease toward the target
2023-11-23 18:48
Deutsche Telekom Suffers EU Setback Over Antitrust Fine Interest
Deutsche Telekom AG suffered a blow at the European Union’s top court in a potentially precedent-setting dispute over
2023-11-23 18:45
Green Bond Sales Surge in UAE Before It Hosts Climate Summit
A record amount of green debt has been raised this year by issuers in the United Arab Emirates
2023-11-23 18:18
Russia-Ukraine war – live: Putin’s forces suffering major losses says Kyiv as fighting rages around key city
Ukraine’s military says it is inflicting major losses on Russian troops as Vladimir Putin’s forces seek to try and encircle the key strategic city of Avdiivka in the east. The general staff of Ukraine’s armed forces said soldiers are “standing their ground, inflicting major losses on the enemy” both around Avdiivka and along other areas of the eastern frontlines. "Our defenders are steadfastly holding the defence in the Avdiivka direction," Commander Oleksandr Tarnavskyi said. It comes as Ukrainian President Volodymyr Zelensky said Ukrainian troops face "difficult" defensive operations on parts of the eastern front with bitter winter cold setting in. Images from the frontline in Donbas, as well as in Kyiv, show that snow has already begun to fall. Russian troops have launched offensives on different sections of the frontline in Ukraine's east this autumn, trying to advance on the devastated town of Avdiivka and in the northeast between the towns of Lyman and Kupiansk. "Difficult weather, difficult defence on the Lyman, Bakhmut, Donetsk and Avdiivka fronts. Offensive actions in the south," Mr Zelensky said. 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
2023-11-23 18:15
Ermotti Urges More Top Banker Accountability After Credit Suisse
UBS Group AG Chief Executive Officer Sergio Ermotti said Switzerland should have broader powers to sanction bank executives
2023-11-23 17:59
Bundesbank Says Too Soon to Declare Finance System All Clear
Germany’s financial system still needs to fully digest higher interest rates so it’s too soon to declare that
2023-11-23 17:56
Iceland volcano – live: Evacuation zone ‘still dangerous’ as eruption could happen with only minutes’ notice
The evacuation zone in Iceland is “still dangerous”, a civil protection official has told The Independent, with current conditions leaving just a few minutes’ warning of a feared volcano eruption. A fortnight since Grindavik was evacuated, after magma-induced seismic activity tore vast chasms through the streets of the town, officials are expected to lower the threat level in the area on Thursday – enabling residents to return for longer periods to collect their valuables. Speaking to The Independent as international media were allowed back into the town for the first time, one civil defence official said: “It is still dangerous here ... I have never seen anything like it before. Usually we will have a few minutes warning to get out but with the weather like it is today we have even less.” In addition to fears of weather hampering monitoring systems, civil protection chief Vídir Reynisson told Fox News: “The challenge that we have is that we will not see any strong evidence that the magma is coming up, we will see some small earthquakes and we can see how they will probably form in one place rather than another.” Read More Could an Icelandic volcano ground flights like in 2010? When will the Iceland volcano erupt and what happens when it does? Is it safe to travel to Iceland? Your rights if you have a holiday booked ‘It’s like a dystopian movie’: Iceland residents describe ‘apocalyptic’ scenes as they flee volcano threat
2023-11-23 17:54
UK Inflation Fears Revived by Unexpected Output Growth, S&P Says
British companies reported an unexpected increase in output in November and evidence of stronger inflation, signs of strength
2023-11-23 17:48
Surging Wind Power Brings Timely Relief to Freezing Europe
Generation from thousands of wind turbines from Germany to the Nordic region rose this week, increasing supply and
2023-11-23 17:23
Euro-Area Business Weakness Increases the Odds of a Recession
A recession in the euro area is looking increasingly likely as the economic downturn persists in the final
2023-11-23 17:19
Inside Viktor Orban’s $1 Billion Academy for Tomorrow’s Nationalists
In a former four-star hotel in Budapest’s leafy 11th district, Mathias Corvinus Collegium invites young people into a
2023-11-23 17:19