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Britain bets on historic tax cuts and borrowing, investors fear

Kwarteng cuts top income tax rate in a rush of growth Huge increase in planned British government bond issuance Thrombosis suffers its biggest recession in decades Sterling fell to a new 37-year low against the dollar LONDON (Reuters) – Britain’s new chancellor Kwasi Quarting unleashed historic tax cuts and massive borrowing increases on Friday in … Read more

Finland says traffic is “increasing” at the border with Russia

Register now to get free unlimited access to Reuters.com Register Finnish border guards said that traffic to Finland’s eastern border with Russia “intensified” overnight after President Vladimir Putin ordered a partial military mobilization and remained high on Thursday but was under control. At the Valima border crossing, about a three-hour drive from St Petersburg, Russia’s … Read more

The US dollar advances as markets brace for a significant Fed rate hike

US dollar banknotes are shown in front of the stock graph displayed in this illustration taken on February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now to get free unlimited access to Reuters.com Register Markets in consolidation mode ahead of Fed policy decision Fed Funds futures price has a 21% chance of a 100 basis point … Read more

Traffic, water shortages and now floods: the slow death of India’s tech hub?

A large part of Bengaluru has been submerged in recent floods Forced residents to wade into deep water The unrest raises questions about the city’s future as a technology hub Authorities have vowed to act, but severe weather may complicate plans BENGALURU (Reuters) – Harish Polanor spent weekends in the late 1980s wandering the swamps … Read more

Ukraine’s leader looks at a devastated town on the frontline as Russian troops dig in

Ukraine is now under attack in both the south and east It faces Russian resistance on both fronts Zelensky visits the liberated city Biden says the war looks long-term despite Kyiv’s success White House says new US military aid to Ukraine likely IZUM, Ukraine, Sept 14 (Reuters) – Ukraine said it was trying to extend … Read more

Queen Elizabeth’s sarcophagus travels through Scotland, mourners line the streets

The Queen’s sarcophagus leaves Balmoral Castle where she died The coffin will be taken to Edinburgh, the line of crowds The funeral will be held on September 19 Edinburgh, Scotland (Reuters) – Queen Elizabeth’s coffin was carried from her summer home in the Scottish Highlands to Edinburgh on Sunday after tens of thousands of mourners … Read more

King Charles declared king, the Queen’s funeral on September 19

Charles is officially declared king The Queen’s funeral set for September 19 “We thought she was invincible” – William Queen Elizabeth, 96, died on Thursday LONDON (Reuters) – The state funeral for Queen Elizabeth will take place on Monday, September 19, royal officials said on Saturday, after her son Charles was formally proclaimed Britain’s new … Read more

Russian TV recognized Kiev’s “big victory” after Ukraine’s breakthrough

Zelensky says the troops have retaken towns and villages Blinken visits Kyiv with new US aid package Kyiv (Reuters) – Russian state television broadcast an interview on Friday in which it acknowledged Kyiv had scored a “big victory” after Ukrainian forces stormed the front line in a lightning advance. The Ukrainian breach near Kharkiv was … Read more

Sporting events canceled, tribute paid after Queen Elizabeth’s death

Register now to get free unlimited access to Reuters.com Register (Reuters) – The sports world responded to Queen Elizabeth’s death on Thursday with a series of cancellations across cricket, golf, rugby and cycling, while others paid tribute to standing for a minute’s silence. The Queen, Britain’s longest-reigning monarch, has died peacefully at her home in … Read more