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Diesel prices are surging putting further pressure on Europe. Ukraine is only part of the story.
Trucks, farms and industry are powered with diesel. Now prices are soaring due to refinery disruptions, supply shortages and geopolitical tensions. A potential US export ban could make Europe’s diesel crunch even worse.
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Switzerland: Referendum to decide on stricter neutrality
Swiss voters will decide whether a stricter application of neutrality is necessary. Swiss neutrality has been enshrined in the constitution since 1848.
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First Germany-Russia talks since Moscow’s Ukraine invasion
Amid worsening ties and fresh security tensions, Germany’s Foreign Minister Johann Wadephul met Sergei Lavrov at the UN. Why is Berlin engaging Moscow now, and what could it mean for Ukraine?
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Dollar hovers near 2-month peak, Swiss Franc falls, Norwegian crown rises
Sept 24 : The dollar steadied near a two-month high on Thursday after a sharp rally fuelled by expectations of additional Federal Reserve interest rate hikes following strong economic data and a hawkish shift in rhetoric.Meanwhile, the Swiss Franc fell against the euro and the dollar after the Swiss National
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Oleshky: Risking their lives to find food and water in Russian-occupied city
The BBC has spoken to residents in the Russian-occupied Ukrainian town of Oleshky who say they now have to eat garden weeds to survive.
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Trading Day: US yields cross 5% threshold
ORLANDO, Florida, Sept 23 : US bond yields soared on Wednesday, in many cases to the highest since 2007, and expectations of an interest rate hike next month surged, after figures showed that US business activity is expanding at its fastest pace in more than five years.The sharp rise in market borrowing costs
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US stocks fall as 10-year Treasury yield hits highest since 2007
NEW YORK, Sept 23 : US shares dropped while benchmark 10-year Treasury yields hit the highest level since 2007 on Wednesday after data showed that US business activity raced to a more than five-year high in September, fueled by a surge in new orders.S&P Global said on Wednesday its flash US Composite PMI Outp
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WEF report: Progress on gender equality remains ‘fragile’
Two decades of progress toward gender parity is at risk as women’s political representation declines, according to a new World Economic Forum report. At the current pace, the remaining gap could take 120 years to close.
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Speculators turn net long on yen for first time since February
TOKYO, Sept 13 : Speculators turned to a net long position on the yen for the first time since February, data showed late on Friday, a display of growing momentum behind Japan’s beleaguered currency.Yen futures data from the Commodity Futures Trading Commission showed net non-commercial positions amounting to
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Ashington MP says government not helping Nepal manhunt
Ian Lavery says there has been a lack of help for a constituent missing in the Nepal floods.
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