Germany faces recession risk as Russia gas crisis deepens

Pipes at the landing facilities of the “Nord Stream 1” gas pipeline in Lubbmen, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now to get free unlimited access to Reuters.com Register More Europeans activate the first phase of gas crisis plans Rising gas prices add to policy makers’ inflation headaches Slowing flows hamper efforts to … Read more

Oil price rises with strong demand and tight supply

Models of oil drums and a pump lever are shown in front of a stock spiraling graph and the “$100” in this illustration was taken on February 24, 2022. REUTERS/Dado Rovich/Illustration Register now to get free unlimited access to Reuters.com Register Exxon Mobil CEO predicts that the tight oil market will continue in the past … Read more

Biggest rail strike in 30 years brings UK to a standstill

More than 40,000 railway workers began to strike The government is under pressure due to the cost of living crisis Trade unions say strike could start ‘summer of discontent’ LONDON (Reuters) – Britain’s biggest rail strike in 30 years kicked off on Tuesday, with tens of thousands of workers walking out over a dispute over … Read more

China’s oil imports from Russia may rise to a record high, overtaking Saudi Arabia’s largest oil supplier

Oil and gas tanks at an oil depot in the port of Zhuhai, China, October 22, 2018. (Reuters) / Ali Song Register now to get free unlimited access to Reuters.com Register Russia overtakes Saudi Arabia as the largest supplier after a gap of 19 months Russia imports nearly two million barrels per day in May … Read more

Ukraine gets big EU support as war rages in east

Ukraine’s candidacy for the EU signals a major shift in European geopolitics Putin seeks to play down the EU issue The battle continues for Sievierodonetsk Russian media said two Americans were caught fighting for Ukraine BRUSSELS/Kyiv (Kyiv) (Reuters) – As war rages in eastern Ukraine, Kyiv received a major boost on Friday when the European … Read more

Stocks eye biggest drop since 2020 as central banks jitter markets

The Bank of Japan was isolated as central banks raised interest rates Investors fear a recession growing Lagarde comments calm eurozone debt markets NEW YORK (Reuters) – Global stocks tumbled on Friday, approaching their worst week since the pandemic crash of markets in March 2020, as major central banks tightened policy in an attempt to … Read more

Analysis: Market crash exposes Europe’s divisions

Defeat markets focus on Europe’s Achilles heel The European Central Bank’s attempt to restore confidence that has been curbed by high prices Ministers deadlocked over a ten-year plan to support banks LONDON (Reuters) – A sell-off in the markets brought back memories of the euro zone debt crisis more than a decade ago, highlighting the … Read more

Exclusive: FAA urges airlines to act as wireless carriers planning to boost 5G signal

A Southwest commercial airliner flies over a cell phone tower as it approaches landing at John Wayne Airport in Santa Ana, California, United States, Jan. 18, 2022. REUTERS/Mike Blake Register now to get free unlimited access to Reuters.com Register WASHINGTON (Reuters) – The U.S. Federal Aviation Administration (FAA) on Wednesday urged the chief executives of … Read more

Russia asks Ukraine to lay down arms in the Battle of Severodonetsk

Severodonetsk city center to fight for eastern Ukraine Hundreds are trapped at the Azot chemical plant in Severodonetsk NATO defense ministers are scheduled to discuss military aid to Ukraine Kyiv (Reuters) – Russia told Ukrainian forces holed up in a chemical plant in the besieged city of Severodonetsk to lay down their weapons early on … Read more

In the hottest cities on Earth, mothers bear the brunt of climate change

Jacobabad in Pakistan reaches 51 °C (124 °F) Women are especially vulnerable to extreme heat – studies Scientists warn that pregnant women are at greater risk More photo essay: JAKOBABAD, Pakistan (Pakistan) (Reuters) – A pregnant Sunari weighs in under the blazing sun in fields filled with bright yellow watermelons in Jacobabad, which last month … Read more