World stock markets rally, treasury yields fall on inflation data

US consumer spending increases, rise in inflation slows Wall Street rallies, snaps weekly losing streak Treasury yields fail Brent oil rises $2 NEW YORK, May 27 (Reuters) – Global markets enjoyed a broad-based rally on Friday, while the yield on benchmark US Treasuries fell after data showed that US consumer spending rose in April and … Read more

Exclusive: How a Russian billionaire shielded assets from European sanctions

Melnichenko ceded ownership of coal, fertilizer firms to wife Cession occurred the day before EU imposed sanctions on him Transfers of assets fuel doubts over sanctions’ effectiveness ISTANBUL/BRUSSELS, May 27 (Reuters) – Russian businessman Andrey Melnichenko ceded ownership of two of the world’s largest coal and fertilizers companies to his wife the day before he … Read more

Russia needs huge financial resources for military operation, finance minister says

Tanks of pro-Russian troops drive along a street during Ukraine-Russia conflict in the town of Popasna in the Luhansk Region, Ukraine May 26, 2022. REUTERS/Alexander Ermochenko Register now for FREE unlimited access to Reuters.com Register May 27 (Reuters) – Russia needs huge financial resources for its military operation in Ukraine, Finance Minister Anton Siluanov said … Read more

Moldova places former President Dodon under house arrest

Moldova’s former President Igor Dodon, detained on corruption charges, is escorted by law enforcement officers before a court hearing in Chisinau, Moldova May 26, 2022. REUTERS/Vladislav Culiomza Register now for FREE unlimited access to Reuters.com Register KYIV, May 26 (Reuters) – A Moldovan court on Thursday placed former president and pro-Russian opposition leader Igor Dodon … Read more

China strategy is about rules-based order, not ‘new Cold War,’ Blinken says

Blinken calls China the most serious challenge to global order In response, China says both stand to gain from cooperation WASHINGTON, May 26 (Reuters) – The United States will not block China from growing its economy, but wants it to adhere to international rules, Secretary of State Antony Blinken said on Thursday in a long-awaited … Read more

Exclusive: US and Ukraine discuss danger of escalation as new arms extend Kyiv’s reach

WASHINGTON, May 26 (Reuters) – As the United States and its allies provide Ukraine with increasingly sophisticated arms, Washington has held discussions with Kyiv about the danger of escalation if it strikes deep inside Russia, US and diplomatic officials tell Reuters. The behind-the-scenes discussions, which are highly sensitive and have not been previously reported, do … Read more

Mastercard focuses on Southeast Asia, LatAm after India ban, Russia exit

A Mastercard logo is seen on a credit card in this picture illustration August 30, 2017. REUTERS/Thomas White/File Photo Register now for FREE unlimited access to Reuters.com Register DAVOS, Switzerland, May 26 (Reuters) – Southeast Asia and Latin America are strong growth regions for Mastercard (MA.N) after its withdrawal from Russia in March and India’s … Read more

Ukraine health emergency sparks rival resolutions at WHO assembly

GENEVA, May 26 (Reuters) – A proposal to condemn the regional health emergency triggered by Russia’s aggression in Ukraine will come before a World Health Organization (WHO) assembly on Thursday, prompting a rival resolution from Moscow that makes no mention of its own role in the crisis. The original proposal, backed by the United States … Read more

Ukraine says Russia shells more than 40 towns in Donbas push

Russian forces shell 40 towns in eastern Ukraine – military Mass graves for civilians killed – Luhansk governor KYIV, May 26 (Reuters) – Russian forces shelled more than 40 towns in Ukraine’s eastern Donbas region, Ukraine’s military said, threatening to shut off the last main escape route for civilians trapped in the path of their … Read more

Ukraine savages idea of ​​concessions to end war, evokes appeasement of Nazis

A dandelion is pictured next to ammunition casings collected at the Mlybor flour mill facility after it was shelled repeatedly, amid Russia’s invasion of Ukraine, in Chernihiv region, Ukraine, May 24, 2022. REUTERS/Edgar Su Register now for FREE unlimited access to Reuters.com Register May 25 (Reuters) – Ukrainian President Volodymyr Zelenskiy on Wednesday savaged suggestions … Read more