A Russian naval frigate and a nuclear-powered submarine conducted missile exercises in the Atlantic Ocean while en route to CubaThe Russian Defense Ministry reported on Tuesday. The exercises carried out by the Kazan submarine and the Admiral Gorshkov warship consisted of firing high-precision missiles against simulated enemy targets from a distance of more than 600 ...
Ukraine attacked Russia's most advanced stealth plane for the first time in a drone strike aimed at limiting Moscow's ability to fire missilessaid a person familiar with the matter. The Su-57 fighter jet was hit by Ukrainian-made drones at the Akhtubinsk air base in Astrakhanin southern Russia, about 590 kilometers (366 miles) from the battlefield, ...
Egyptian inflation slowed to the slowest pace in a year and a half, even after a sharp currency devaluation and a historic move to increase the cost of subsidized bread. Consumer prices in urban areas of the North African country grew 28.1% annually in May, compared to 32.5% the previous month, state statistics agency CAPMAS ...
Swiss voters backed a government plan to boost domestic renewable energy, a decision that will facilitate the construction of solar and wind plants in the Alps and ensure the continuity of subsidies. The proposal was approved by 69% of voters, the government said on Sunday. Switzerland's largest political group, the right-wing Swiss People's Party, had ...
The leader of Mexico's ruling party in the lower house said the bloc will be “very cautious.”” in taking advantage of his strong lead in Congress amid concerns that he could rush passage of the legislation before President-elect Claudia Sheinbaum takes office. The party will “respect the legislative process” and wait for the votes to ...
Russia's central bank extended its pause on interest rates, But he noted that monetary tightening remains an option as the country's war in Ukraine continues to overheat the economy and fuel inflation. For the fourth consecutive meeting, authorities kept their benchmark at 16% on Friday. A narrow majority of economists surveyed by Bloomberg had predicted ...
One of the most important economic advisory firms in the world, Oxford Economics Citiespublished its annual “Global Cities” report in which it ranks 1,000 cities in the world in categories such as economic performance, human capital, quality of life, commitment to the environment and governance. The first results reflect that New York is the city ...
Financial Diary – Santiago The Consumer Price Index (CPI) rose 0.3% in May, the National Institute of Statistics (INE) reported on Friday. in an increase that was slightly above expectations and that increased the 12-month variation with respect to the linked series of the index to 4.1%, in line with what analysts expected. “Twelve of ...
The Bank of Canada cut interest rates by a quarter of a percentage point, becoming the first Group of Seven central bank to begin an easing cycle. Monetary policymakers, led by Governor Tiff Macklem, lowered the benchmark interest rate to 4.75% on Wednesday, as markets and economists expected in a Bloomberg survey. The authorities are ...
US President Joe Bidenexpressed on Thursday that would not pardon his son Hunter, who is on trial in Delaware accused of violating a law that prohibits illegal drug users from possessing firearms. In an interview with ABC News, Biden responded “Yes” when asked if I would rule out pardoning Hunter. Also He answered affirmatively when ...
