The deepening energy crisis is hitting British households harder than their peers in other Western European states, UK media reported, citing analysis by the International Monetary Fund (IMF).…
International
French Prime Minister Elisabeth Borne has warned company bosses about the risk of energy rationing this winter and urged them to take steps to reduce their consumption.
The economic impact on Germany of Russia's invasion of Ukraine will last years, influential economist Marcel Fratzscher of the German Institute for Economic Research told Reuters, adding that it…
The United Nations is working with the United States and European Union to overcome obstacles to Russian food and fertilisers reaching world markets, UN Secretary-General Antonio Guterres said…
Turkey's President Tayyip Erdogan said he can never rule out dialogue and diplomacy with Syria, a neighboring country in which it has carried out several incursions in recent years, according to…
German Chancellor Olaf Scholz is set to testify in front of lawmakers on Friday over his role as Hamburg mayor in tackling a multibillion-euro tax fraud in a case that threatens to tarnish him…
The Labour Party has unveiled plans to keep the energy price cap at current levels by increasing taxes on oil and gas firms that have made sizable profits in recent months.
Party…
Liz Truss has defended earnings at energy companies amid soaring price rises, saying profits should not be considered "dirty and evil".
Speaking at a hustings in Cheltenham, Truss said…
Former German chancellor Gerhard Schroeder has offered “the simplest solution” to Europe’s current energy crisis – to switch on the Nord Stream 2 gas pipeline.
Nord Stream 2 "is ready…
The mid-1990s vibe emanating from the federal reserve headquarters in Washington is becoming harder for dollar bulls to dismiss.
Boris Johnson does not want to resign as prime minister and wants to fight the next general election as leader of the Conservative party, according to former party treasurer Lord Cruddas of…
The monkeypox outbreak has been declared a global health emergency by the World Health Organization. The classification is the highest alert that the WHO can issue and follows a worldwide…
A US jury has ruled Donald Trump's former strategist Steve Bannon guilty on two counts of contempt of congress.
Bannon, 68, was indicted last year over his refusal to co-operate with…
Italian Premier Mario Draghi said Wednesday the spontaneous popular support for his government is “unprecedented and impossible to ignore,” as he weighed appeals to rescind his resignation,…
Billionaire Bill Gates has pledged again to give his wealth away, adding that he will eventually "drop off" the world's rich list.
It came as the Microsoft co-founder announced he…
John Bolton, who was national security adviser during the Trump administration, revealed in a TV interview that he has played a role in planning coups in foreign countries.
“As…
The ousting of this prime minister was different.
Unlike Margaret Thatcher, Tony Blair or Theresa May, who were all also removed from office by their parties rather than the electorate…
Pope Francis has dismissed reports that he plans to resign in the near future, saying he is on track to visit Canada this month and hopes to be able to go to Moscow and Kyiv as soon as possible…
German Chancellor Olaf Scholz has urged the public to face the country's economic problems together, as inflation in Europe's leading economy remained stubbornly high.
Scholz published…
Japanese Prime Minister Fumio Kishida is doubling down on a costly battle to protect households from rising food and energy prices as criticism over his government's response…
Boris Johnson is facing a new plot to oust him, as Conservative rebels launched a push to change party rules in order to hold another vote on his leadership.
MPs who want to remove the…
German Chancellor Olaf Scholz has suggested that a major EU reform is needed to make it easier for new countries to join the bloc. He floated the idea in an interview with DPA news agency.…
Former Turkish deputy prime minister Ali Babacan on Saturday reiterated a warning about the country’s economy as he called on the government to take action against the nation’s financial woes.…
Scotland's First Minister Nicola Sturgeon has unveiled her new plan to hold a referendum on independence, comparing Scotland with other European countries and laying out her case that Scotland…
French President Emmanuel Macron may find himself without a ruling majority during his second term and deprived of the ability to push through his economic reform agenda after Sunday’s first…
