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UK central bank intervenes in market to halt economic crisis
LONDON (AP) — The Bank of England took emergency action Wednesday to stabilize U.K. financial markets and head off a crisis in the broader economy after the government spooked investors with a program of unfunded tax cuts, sending the pound tumbling and the cost of government debt soaring. The central bank warned that crumbling confidence…
Breaking News | News | RussiaPutin challenger Boris Nadezhdin barred from Russia’s election
Russia’s election commission has rejected anti-war challenger Boris Nadezhdin as a candidate in next month’s presidential vote. Mr Nadezhdin has been relatively critical of Vladimir Putin’s full-scale war in Ukraine when few dissenting voices have been tolerated in Russia. Election authorities claimed more than 15% of the signatures he submitted with his candidate application were…
Breaking News | News | UkraineUkraine fires long-range Storm Shadow missiles into Russia for the first time
Ukrainian armed forces fired UK-supplied Storm Shadow missiles into Russia for the first time on Wednesday, the second long-range assault after the US approved their usage earlier this week. Officials said the use of the Storm Shadows, Britain’s equivalent of the US Army Tactical Missile System (ATACMS), was approved in direct response to the presence…
Breaking News | News | RussiaUN proposes adding Russian bank unit to SWIFT if Putin extends Black Sea grain deal
U.N. Secretary-General Antonio Guterres has proposed that Russian President Vladimir Putin extend the Black Sea grain deal in return for adding a Russian agricultural bank’s unit to the SWIFT payment network, Reuters reported citing sources. The deal, which allows Ukraine to export grain through the Black Sea, is set to expire Monday. The deal was…
‘Islamic State’ claims responsibility for bombings in Iran
More than 80 people were killed and scores more injured in the blast at a ceremony marking the death of Iranian General Qassem Soleimani. The so-called Islamic State claimed responsibility for two devastating explosions that killed 84 people at a commemoration in Iran marking Qasem Soleimani’s assassination by the United States. The Islamist militant extremist…
Osama Bin Laden’s Son Omar Banned From Returning To France
Omar bin Laden, a son of slain Al-Qaeda leader Osama bin Laden, has been banned from returning to France where he made his home for several years before he was ordered to leave in 2023, France’s Interior Minister announced Tuesday. Born in Saudi Arabia, bin Laden has also lived in Sudan and Afghanistan. The 43-year-old…


