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Russia says it’s captured last major city in Luhansk

Bloomberg Russia’s defense chief told President Vladimir Putin that Moscow’s troops have captured Lysychansk, the last major Ukrainian-held city in Luhansk, state media reported. The move would give Russia a stronger grasp on its goal of controlling Ukraine’s entire Donbas, an important industrial region. A Ukrainian defense official said Lysychansk is not under the “full control” of Russia. The capture ...

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UK Tories set to lose battleground races to Lib Dems, poll shows

  Bloomberg British Prime Minister Boris Johnson’s Conservative Party is projected to lose at least 24 battleground seats to Liberal Democrats, a new poll shows, underscoring the swing seen in last month’s special election. Among 64 Tory constituencies where the Lib Dems won more than 20% of the votes in the 2019 general election, the ruling party is expected to ...

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Sydney orders evacuations as torrential rain causes flooding

  Bloomberg Authorities in Sydney asked thousands of people to evacuate their homes as torrential rain lashes Australia’s largest city, causing widespread flooding. A severe weather warning for heavy rainfall and damaging winds was in place Sunday across Sydney and surrounding areas, with the Bureau of Meteorology saying the downpour is expected to continue and may lead to flash flooding. ...

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Germany, Ireland decry UK for tearing up Brexit deal

Bloomberg Germany’s government made a rare public statement admonishing the British government for plans to break the Brexit deal agreed with the European Union two years ago. German Foreign Minister Annalena Baerbock and Irish Foreign Minister Simon Coveney wrote a letter in the Observer defending the Northern Ireland protocol, arguing that it upholds the Good Friday peace agreement and maintains ...

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Ardern repeats warning of China’s Pacific ambitions

Bloomberg New Zealand Prime Minister Jacinda Ardern has again raised concerns about China’s ambitions in the Pacific, repeating her comment that Beijing “has become increasingly assertive in our region.” “In recent times, there has been growing interest in the Pacific,” Ardern said in a speech at Chatham House in London on Friday. “The foreign policy position of some of the ...

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Jan 6 lawmakers tease new witnesses after ex-aide testifies

  Bloomberg Members of the House committee investigating the US Capitol attack by supporters of Donald Trump promised further revelations, after an ex-White House staffer’s portrayed the former president’s outbursts of rage. “We are following additional leads,” Representative Adam Schiff, a California Democrat, said on CBS’s “Face the Nation” on Sunday. “I think those leads will lead to new testimony.” ...

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US labour demand to show resilience as economy cools

  Bloomberg Employers in the US probably added workers at a more moderate yet still healthy pace last month as the jobless rate held near its lowest level in decades, suggesting resilient labour demand even as the economy cools. The government’s latest payrolls tally is projected to show a 273,000 increase for June, based on the Bloomberg survey median. The ...

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Italy readying plan to extend fuel tax holiday

  Bloomberg Italy’s government plans further measures to cushion the impact of high energy prices, including extending a fuel tax holiday to the beginning of October, Il Messaggero newspaper reported. The package, likely to be approved in the second half of July according to the newspaper, would be worth around 8 billion euros ($8.3 billion). The cost would be covered ...

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Germany’s union head warns of collapse of entire industries

  Bloomberg Top German industries could face collapse because of cuts in the supplies of Russian natural gas, the country’s top union official warned before crisis talks with Chancellor Olaf Scholz starting Monday. “Because of the gas bottlenecks, entire industries are in danger of permanently collapsing: aluminum, glass, the chemical industry,” said Yasmin Fahimi, the head of the German Federation ...

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UK house sales slow in May

  Bloomberg The number of UK house sales fell in May, the latest sign that the red-hot property market is starting to cool. Sales agreed in May were down 13% year-on-year, according to Zoopla’s UK House Price Index report. The average time to agree a sale is also rising — taking 22 days in May, from 20 days in March. ...

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