Shoppers at delicatessen market stall in Milan, Italy, on Thursday, Dec. 28, 2023. Bloomberg | Bloomberg | Getty Images Headline inflation in the euro zone jumped to 2.9% in December, up from 2.4% the previous month, though core inflation continued to ease, according to data released Friday by Eurostat. The annual print was a little … Read more
Ukraine says it downed 21 Russian drones in overnight attack Ukraine’s air force said Friday that it downed 21 of 29 Shahed drones launched by Russia in an overnight attack. The majority of the drones were shot down by mobile anti-drone squads across the Mykolaiv, Kherson, Dnipropetrovsk, Cherkasy, Kirovohrad and Khmelnytskyi regions, the air force … Read more
Russia goes ahead with plans to buy Iranian ballistic missiles — WSJ Russia is planning to buy short-range ballistic missiles from Iran, a step that would enhance Moscow’s ability to target Ukraine’s infrastructure, the Wall Street Journal reported on Thursday, citing U.S. officials. Last year, the White House said it was seeing more indications that … Read more
90 civilians have died in Ukraine over the last six days, UN says Ukrainian rescuers carry a wounded woman out of a damaged residential building in the centre of Kharkiv after a missile strike on January 2, 2024, amid the Russian invasion in Ukraine. Sergey Bobok | Afp | Getty Images The UN Human Rights … Read more
Bond markets not necessarily the huge opportunity some have been anticipating, strategist says Diversification is the key to harnessing opportunities in the market in the year ahead. That’s according to Lindsay James, investment strategist from Quilter Investors, who believes spreading assets across indices and sectors is the most tactical play right now. Euro lower with … Read more
One dead, 44 wounded in Kharkiv attack, official says One person is dead and 44 others wounded following a Russian missile attack on the northeastern city of Kharkiv, a regional official said Tuesday. “A 91-year-old woman died as a result of enemy rocket attacks on the center of Kharkiv,” Oleh Syniehubov, head of Kharkiv Oblast … Read more
Russia vows to retaliate in kind if EU gives frozen assets to Ukraine Russia on Thursday vowed to retaliate in kind if the European Union moved ahead with plans to hand profits generated from Russia’s frozen assets to Ukraine. “We also have enough assets that are frozen here, in type-C accounts,” Finance Minister Anton Siluanov … Read more
Peace talks without Russia’s participation would be ‘absurd,’ Kremlin says There is currently no basis for negotiations with Ukraine and attempting a peace formula without Russia’s participation would be an “absurd process,” Kremlin spokesperson Dmitry Peskov said Wednesday. “There are currently no prerequisites for peaceful negotiations on Ukraine,” he said, according to Google-translated comments carried … Read more
Pedestrians walk through the festively decorated Burlington Arcade luxury shopping arcade in London, UK, on Monday, Dec. 4, 2023. Inflation in UK shops has fallen to a 17-month low as retailers fight to attract shoppers ahead of the crucial holiday period. Photographer: Jason Alden/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images LONDON — … Read more
Russia will circumvent diamond ban, Kremlin says A display of diamonds shows coloured diamonds among other stones at Alrosa Diamond Cutting Division in Moscow on July 3, 2019. Alexander Nemenov | Afp | Getty Images Russia possesses and will implement “options to circumvent EU sanctions on diamonds,” Kremlin spokesperson Dmitry Peskov said Tuesday, in Google-translated … Read more
