Iran intercepts another UK oil tanker in Strait of Hormuz
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Conservative leader Merz overcomes historic defeat to become Germany’s chancellor
BERLIN (AP) — Conservative leader Friedrich Merz succeeded Tuesday in becoming Germany’s next chancellor, drawing applause and a palpable sense of relief in the parliament chamber after a historic loss in the first round of voting threatened the new government’s promises of stability. No other postwar candidate for German chancellor has failed to win on…
Paramount, CBS forced to pay eight figures, change editorial policy in settlement with Trump
Paramount Global and CBS agreed on Tuesday to pay President Trump a sum that could reach north of $30 million to settle the president’s election interference lawsuit against the network. Trump will receive $16 million up front. This will cover legal fees, costs of the case, and contributions to his future presidential library or charitable causes, to…
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
LONDON (AP) — The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months. In a statement, the bank’s nine-member Monetary Policy Committee lowered its main interest rate by a quarter of a percentage point to 4.50%,…
Spain to legalise about 300,000 undocumented immigrants per year
MADRID, Nov 19 (Reuters) – Spain will legalise about 300,000 undocumented immigrants per year over the next three years as it seeks to expand its labour force in the face of an ageing population, Migration Minister Elma Saiz told reporters on Tuesday. Spain, led by a leftist minority coalition government, has been largely receptive to…
Weekly Update by Mark Armstrong – March 22, 2024
Greetings from Tyler, Having just written the monthly letter, the realization struck me that nothing had been said about the war in Ukraine. We’re not hearing much. I wonder why. The big peace deal to stop the war in Gaza officially fell apart. But there’s no shortage of criticism about how the IDF is doing…
Why did South Korea’s president declare martial law – and what now?
South Korea’s president shocked the country on Tuesday night when, out of the blue, he declared martial law in the Asian democracy for the first time in nearly 50 years. Yoon Suk Yeol’s drastic decision – announced in a late-night TV broadcast – mentioned “anti-state forces” and the threat from North Korea. But it soon…
