Reality destroys some of the Qataris’ dreams of renting out the World Cup

The agency says the Qatari hotel group has requested new payments Some prices have been lowered, but many properties are empty The broker says some landlords have sought unrealistic rents DOHA (Reuters) – Qatar has found itself with an unexpected glut of rooms in the packed World Cup group stage, with online portals listing rooms … Read more

“Call call” in bombing near a front-line nuclear reactor in Ukraine

The Secretary General of the International Atomic Energy Agency warns of the great dangers of fighting at the plant Russia and Ukraine blame each other for the bombing President Zelensky says the eastern region was hit by heavy artillery “The fiercest battles” are in the Donetsk region, says Zelensky Kyiv (Reuters) – Ukraine narrowly escaped … Read more

Global stocks are advancing on the hope that recession warns of the Fed’s hand

The US yield curve has been more inverted since 1981 MSCI Global shares rose 0.2%, losing Al Ain weekly NEW YORK/LONDON (Reuters) – Global stocks rose and a key part of the Treasury yield curve inverted further on Friday, in a sign that the US economy will falter next year and investors hope will lead … Read more

Exclusive: Germany is stepping up its emergency monetary plans to tackle power outages

FRANKFURT (Reuters) – German authorities are stepping up preparations to hand over emergency funds in the event of a power outage to keep the economy running as the nation prepares for a possible blackout caused by the war in Ukraine, four people involved said. One of the people said plans include the Bundesbank, Germany’s central … Read more

Biden and Xi prepare to meet ahead of Ukraine-overwhelmed G20 summit

NUSA DUA, Indonesia (Reuters) – Chinese leader Xi Jinping arrived on the Indonesian island of Bali on Monday for a long-awaited meeting with U.S. President Joe Biden ahead of a set to be perilous summit of the Group of 20 nations. With tension due to the Russian invasion of Ukraine. The two leaders are expected … Read more

COVID public health emergency in the US to stay in place

Two Biden administration officials said Friday that the United States will maintain a public health emergency for the COVID-19 pandemic, allowing millions of Americans to get free tests, vaccines and treatments. One of the officials said the possibility of an increase in coronavirus cases in the winter and the need for more time to transition … Read more

Britain froze Russian assets worth 18 billion pounds

Russia bypasses Libya and Iran as prime target of UK sanctions The UK says sanctions are hurting Russia’s military Russia uses chips in kitchen utensils for cabinets The UK government has reported 236 sanctions violations LONDON (Reuters) – The British government said on Thursday it had frozen more than 18 billion pounds ($20.5 billion) in … Read more

Last year’s deforestation pledge slowly started

São Paulo (Reuters) – A year after more than 140 countries pledged to halt all deforestation by 2030, little has been done to fund protection measures or pass new conservation laws, experts say. This pledge was widely praised at last year’s COP26 climate summit, especially after the signings by Brazil, Indonesia and Congo. The three … Read more

Booming Wall Street boosts global and European stocks; oil slices

WASHINGTON/LONDON (Reuters) – Global and European stocks rose on Friday as Wall Street extended gains on hopes that some central banks will slow down in raising interest rates. Commodity prices took a hit from the strength of the US dollar. Oil prices fell after China, the largest importer of crude, expanded its restrictions on the … Read more

Sunak would prefer to be UK Prime Minister after Johnson refused to try to come back

Johnson withdraws from the competition Sunak has officially announced that he will run as a candidate The first poll will take place on Monday It is clear that Sunak is leading the other opponent Mordaunt LONDON (Reuters) – Rishi Sunak looked set to become Britain’s next prime minister after Boris Johnson pulled out of the … Read more