WEU

Sunak favorite to be UK PM after Johnson drops comeback bid

Johnson withdraws from the contest Sunak officially declares that he will run The first vote will take place on Monday. Sunak clearly leads another Mordaunt contender LONDON, Oct 23 (Reuters) – Rishi Sunak appeared poised to become Britain’s next prime minister after Boris Johnson dropped out of the race on Sunday, saying that while he …

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Dollar Absorbs Suspected Yen Intervention; mixed data from China

https://tmsnrt.rs/2zpUAr4 The dollar hit against the yen by the alleged intervention of the BOJ Stocks trim early gains as China markets ease China’s GDP beats forecasts, but retail sales disappoint Stg flat as Boris Johnson drops out of the PM race SYDNEY, Oct 24 (Reuters) – The U.S. dollar on Monday weathered another purported flurry …

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Tens of thousands march in Berlin in support of Iran protests

Tens of thousands demonstrate in Berlin in support of the protests in Iran Crowd Koreas ‘Death to Khamenei’ at Berlin rally Protests enter sixth week despite deadly crackdown Revolutionary Guards warn cleric of ‘unrest’ in southeast BERLIN/DUBAI, Oct 22 (Reuters) – Tens of thousands of people marched in Berlin on Saturday in a show of …

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The race to be the next UK prime minister begins as momentum behind Boris Johnson grows

Mordaunt becomes the first to declare his intention to run Candidates must reach the goal of 100 nominations Sunak is the favorite of bookmakers The winner would be the fifth British prime minister in six years. LONDON, Oct 21 (Reuters) – Boris Johnson has been gathering momentum in his audacious bid to return as British …

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EXCLUSIVE In letter, Sweden lists ‘concrete actions’ on Turkey’s concerns over NATO bid

Sweden said it had stepped up efforts against Kurdish militants. Says he will address pending extradition requests Letter intended to demonstrate Sweden’s commitment to the promises Sweden asked to join NATO after Russia’s invasion of Ukraine Turkey initially vetoed, accused Sweden of harboring militants ISTANBUL, Oct 21 (Reuters) – Sweden has taken “concrete steps” to …

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EXCLUSIVE On ‘Line By Line’ Loop, Hezbollah Shows Pragmatic Side In Lebanon-Israel Deal

Pragmatism trumps ideology as Hezbollah approves deal The United States achieved historic compromise between Israel and Lebanon Offshore gas would provide Lebanon with much-needed foreign exchange BEIRUT, Oct 18 (Reuters) – (This story from October 18 has been corrected to clarify that Atallah is the founding director of The Policy Initiative think tank, not the …

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Nord Stream ruptures revealed as Europe grapples with gas plan

Nord Stream leak discovered in late September Newspaper reports what it calls first images of damage The EU proposes energy measures and avoids an immediate cap on the price of gas EU seeks to launch new gas price reference, joint purchases COPENHAGEN/BRUSSELS, Oct 18 (Reuters) – Damage to Russia’s Nord Stream gas pipeline to Europe …

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Credit Suisse pays $495 million to settle US legacy case

Settlement Ends Bank’s Largest Pending RMBS Case Credit Suisse says settlement is fully provisioned The bank still has five cases to resolve He hopes to resolve the pending cases in the next six months. ZURICH, Oct 17 (Reuters) – Credit Suisse (CSGN.S) agreed to pay $495 million to settle a case involving investments linked to …

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Jeremy Hunt Statement: New UK Finance Minister Will Fast Track Fiscal Plan

Hunt will file a statement on taxes and spending plans on Monday. Announcement is two weeks ahead of schedule Hunt is rewriting Truss’ economic plans British pound rises in Asian trade Bond prices rise in early London trading LONDON, Oct 17 (Reuters) – Britain’s new Chancellor of the Exchequer Jeremy Hunt is set to set …

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