Oil prices rose on Friday but were headed for their first weekly loss in three weeks as worries about inflation and China’s COVID lockdowns slowing global growth offset concerns about dwindling supplies from Russia. Brent crude futures were up $1.88, or 1.8%, at $109.33 a barrel at 1227 GMT, while …
Read More »Musk says Twitter deal ‘temporarily on hold’ over report about fake accounts
It was not immediately clear based off Musk’s tweet if any official steps had been taken to halt the acquisition. There’s another twist in the Twitter deal.
Read More »Number of Americans applying for jobless aid ticked up last week
Applications for unemployment benefits rose by 1,000 to 203,000 for the week ending May 7, the US Department of Labor reported Thursday.
Read More »No gas supply for entities under Russian sanctions, says Kremlin
Foreign energy companies subject to Moscow’s retaliatory sanctions will no longer be able to receive gas supplies from Russia, a top official has said.
Read More »Scientists unveil image of ‘gentle giant’ black hole at Milky Way’s center
Scientists on Thursday provided the first look at what they called the “gentle giant” lurking at the center of our Milky Way galaxy, unveiling an image of a supermassive black hole that devours any matter wandering within its gargantuan gravitational pull. The black hole – called Sagittarius A*, or Sgr …
Read More »Crypto meltdown deepens as stablecoin Tether drops below dollar peg
The meltdown in TerraUSD, one of the world’s largest stablecoins, sent shockwaves through cryptocurrency markets on Thursday, pushing another stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows. Cryptocurrencies have been swept up in a sell-off across higher risk assets, which has picked up steam this week …
Read More »UK tells EU: Without flexibility, we will act on N.Ireland
Britain warned it might be forced to “act” in a row with the European Union over post-Brexit trade rules for Northern Ireland, raising the risk of commercial strife and deepening a standoff stirring U.S. concerns for peace in the province. Foreign Secretary Liz Truss said on Thursday Britain would have …
Read More »Sanctions hurt US more than Russia – poll
With most Americans focused on economic woes at home, a majority told the survey they were fine with Ukraine losing to Moscow
Read More »Haaland heading to Premier League as blockbuster deal confirmed
Manchester City have agreed a deal with Borussia Dortmund for the Norwegian star
Read More »Iraq records 12 deaths from Congo fever
Iraq has recorded at least 12 deaths from Crimean-Congo hemorrhagic fever since the start of the year, health authorities said Tuesday amid efforts to contain the spread of the virus.
Read More »Spain’s spy chief sacked over phone hacking scandal
Spain’s government on Tuesday sacked the country’s spy chief as part of a widening scandal over the hacking of the mobile phones of the prime minister and Catalan separatist leaders.
Read More »Germany prepares crisis plan for abrupt end to Russian gas: Reuters
German officials are quietly preparing for any sudden halt in Russian gas supplies with an emergency package that could include taking control of critical firms, three people familiar with the matter told Reuters. The preparations being led by the Ministry for Economic Affairs show the heightened state of alert about …
Read More »Bitcoin falls to 22-month low as stock markets tumble
Bitcoin fell to its lowest level since July 2021 on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech stocks. Bitcoin dropped to as low as $32,763.16 shortly before 1100 GMT, in its fifth consecutive session of falling. …
Read More »G7 leaders pledge further economic isolation of Russia
The entire G7 club of rich nations is “committed to phasing out or banning the import of Russian oil,” the White House said Sunday, escalating pressure on President Vladimir Putin over the invasion of Ukraine. “This will hit hard at the main artery of Putin’s economy and deny him the …
Read More »Ronaldo holds talks with Man Utd icon as exit rumors swirl
The Portuguese ace has reportedly been holding talks with Alex Ferguson over his Old Trafford future
Read More »US imposes sanctions on 27 Gazprombank executives, Russian TV stations
The US on Sunday unveiled sanctions against three Russian television stations, banned Americans from providing accounting and consulting services to Russians, and sanctioned executives from Gazprombank to punish Moscow for its invasion of Ukraine.
Read More »‘Suffered far too long’: 12.3 million Syrian children need aid
United Nations warns dwindling funds are affecting much-needed assistance and adding to children’s struggles.
Read More »Rare case of monkeypox confirmed in England
The patient, who is believed to have contracted the infection on a trip to Nigeria, is being treated at a specialist unit in London. Though monkeypox can be spread through close contact, there is a very low risk of transmission to the public.
Read More »World University Games Postponed over COVID Concerns
The 2022 World University Games have been postponed, the organizers said Friday.
Read More »Moon May Have Been Covertly Siphoning Earth’s Water for Billions of Years
The Moon may look like a big dry ball, but there’s more water up there than you might expect.
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