Bloomberg Vladimir Putin vowed his annexation of four occupied regions in Ukraine is irreversible, as the Russian president formalized Europe’s biggest land grab since World War II and accused the West of trying to subjugate his country. “They will become our citizens forever,†he told officials in a Kremlin ceremony Friday before he and Moscow-installed leaders signed annexation documents. He ...
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Suicide bomber kills 19 Afghan teenagers
Bloomberg A suicide bomber attacked an educational center in Afghanistan on Friday, killing at least 19 students who were appearing in a mock university entrance examination. The death toll could rise in Dasht-e-Barchi as the attacker, disguised as a student, has also injured 27 teenagers, Khalid Zadran, a spokesman for the Kabul police, said by phone. The victims were aged ...
Read More »Russia and Belarus opposition heads top Nobel Prize shortlist
Bloomberg Belarus opposition leader Sviatlana Tsikhanouskaya and Russia’s jailed opposition leader Alexey Navalny top the shortlist for potential winners of this year’s Nobel Peace prize, the Peace Research Institute Oslo said in annual predictions. “Both Tsikhanouskaya and Navalny are vocal critics of the Russian invasion of Ukraine,†according to a statement in Oslo on Friday. “A shared Nobel Peace ...
Read More »Bolsonaro, Lula go on attack in debate on eve of Brazil vote
Bloomberg Brazilian President Jair Bolsonaro and leftist challenger Luiz Inacio Lula da Silva traded insults in a televised debate that marked their final face off before Sunday’s election, with polls giving the opposition leader a wide lead. The men went on the attack from the get-go, with Bolsonaro calling Lula a “liar,†“ex-convict†and “gang leader.†The comments drew a ...
Read More »Thai PM Prayuth can continue in office: Court
Bloomberg Thailand’s Prime Minister Prayuth Chan-Ocha will remain in office after the highest court ruled he hadn’t breached a constitutional term limit, handing him a victory as political jockeying increases ahead of elections that must be called by March. The nine-member Constitutional Court said Friday the eight-year term limit can’t be imposed retroactively on Prayuth, who first took office ...
Read More »Polish prime minister loses chief aide after email leaks
Bloomberg Polish Prime Minister Mateusz Morawiecki’s chief aide resigned after becoming embroiled in an email-hacking scandal that has plagued the government for more than a year. Leaks of emails allegedly stolen from aide Michal Dworczyk’s private inbox exposed sensitive correspondence with administration officials including Morawiecki and became frequent media fodder. Dworczyk, who stepped down Friday, said the account was ...
Read More »German inflation hits double digits for first time in euro area
Bloomberg German inflation reached double digits for the first time since the euro was introduced more than 20 years ago, surging more than anticipated after temporary government-relief measures ended and Europe’s energy crisis worsened. Consumer prices jumped 10.9% from a year ago in September, topping August’s 8.8% advance, the Federal Statistics Office said. That’s more than the 10.2% economists ...
Read More »US jobless claims fall to lowest since late April
Bloomberg Applications for US unemployment insurance dropped unexpectedly to a five-month low, led by a sizable decline in Michigan, suggesting robust demand for workers amid economic uncertainty. Initial unemployment claims decreased by 16,000 to 193,000 in the week ended September 24, after downward revision in the prior week, Labour Department data showed. The median estimate in a Bloomberg survey ...
Read More »Canadian economy sputters into lower gear as interest rates bite
Bloomberg Canadian economic activity remained weak through the summer and job vacancies fall, a clear sign growth has begun to sharply slow down. Gross domestic product was flat in August, preliminary data from Statistics Canada show, after gaining just 0.1% in July and June. Since April, growth has averaged just 0.1% on a monthly basis. In a separate report, ...
Read More »Porsche rises in landmark IPO
Bloomberg Porsche AG gained during its trading debut after parent Volkswagen AG set the final listing price for the sports-car company at the upper limit in defiance of market upheaval. The maker of the 911 rises as much as 2.9% to €84.88 in Frankfurt, against a decline of as much as 2% in Germany’s leading DAX index. The offer ...
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