OPEC+ weighs large oil cutback to boost sagging prices

The OPEC+ alliance of oil-exporting countries yesterday will debate a potentially large cut in the amount of crude it ships to the global economy — a

White House’s Pacific strategy heralds new engagement in region

The White House yesterday unveiled a Pacific strategy designed to bolster U.S. engagement with more than a dozen island nations on issues including climate change and maritime

Bank of England to buy UK bonds to avert financial risk

The Bank of England said yesterday that it will launch a temporary government bond-buying program to stave off “material risk to U.K. financial stability” after

EU vows to act if energy lines hit as firms ramp up security

The European Union suspects that damage to  The episode underscored the vulnerability of Europe’s energy infrastructure and further heightened tensions in the continent. Seismologists reported that

Vote in Ukraine’s Russia-held areas stokes tension with West

Referendums that are expected to serve as a pretext for Moscow to annex Russian-held regions of Ukraine reached their final day of voting yesterday as the

Italy gets new tranche of EU funds as dust settles from vote

The European Commission signed off yesterday on the next 21-billion-euro ($20.2 billion) tranche of Italy’s pandemic recovery funds, a welcome infusion that comes amid questions about whether  The

A shift to the far-right as voters reward Meloni’s party

A party with neo-fascist roots, the Brothers of Italy, won the most votes in Italy’s national elections, looking set to deliver the country’s first far-right-led government

Iran summons UK and Norway ambassadors amid violent unrest

Iran’s Foreign Ministry said Sunday it summoned Britain’s ambassador to protest what it described as a hostile atmosphere created by London-based Farsi language media outlets. The

Labour conference starts with focus on ‘immoral’ tax cuts

Britain’s opposition Labour Party opened its annual conference Sunday, with leaders attacking the “immoral” tax-cutting of the new Conservative government. The event, this year taking

Police arrest hundreds of protestors; massive exodus in motion

Russian police moved quickly Saturday to disperse peaceful protests against President Vladimir Putin’s military mobilization order, arresting hundreds, including some children, in scores of cities across the

CIA unveils model of al-Qaida leader al-Zawahri’s hideout

The CIA has revealed a model of  Shortly after al-Zawahri’s death, White House officials  The museum is closed to the public and access is generally limited to the agency’s

Russian missile strikes keep hitting Ukraine as POW’s swap underway

Russian and Ukrainian forces exchanged missile and artillery barrages yesterday as both sides refused to concede ground despite recent military setbacks for Moscow and the toll

Prada, Max Mara back to pre-pandemic splendor in Milan

Pre-pandemic fashion delirium is back. After several calm COVID-induced seasons, Milan Fashion Week is back to its pre-pandemic splendor: with crowded seating, gridlocked streets and

Bank of England raises rates but avoids bolder hike like Fed

The Bank of England raised its key interest rate yesterday by another half-percentage point to the highest level in 14 years, but despite facing inflation that outpaces other major

Biden says Russia ‘shamelessly violated’ UN Charter in Ukraine

President Joe Biden declared at the United Nations last night that Russia has “shamelessly violated the core tenets” of the international body with its war in Ukraine

NY attorney general sues Donald Trump and his company

New York’s attorney general sued former President Donald Trump and his company yesterday, alleging business fraud involving some of their most prized assets, including properties in

Russia warns protests against reservists’ draft won’t be tolerated

The Moscow Prosecutor’s Office has said that participation in protests and unsanctioned “mass events” is a punishable offense which can result “imprisonment for up to 15 years,” BBC

French foreign minister urges Iran: Accept nuclear deal

France’s foreign minister on Monday urged Iran to take the last offer on the table to revive the 2015 nuclear deal, saying the window of opportunity

UN chief: World is ‘paralyzed’ and equity is slipping away

In an alarming assessment, the head of the United Nations warned world leaders yesterday that nations are “gridlocked in colossal global dysfunction” and aren’t ready or

Belgian bishops propose prayer for gay couples, not marriage

Belgian bishops yesterday  published a proposed text for a prayer liturgy for same-sex couples that includes prayers, Scriptural readings and expressions of commitment, despite a 2021 Vatican

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