Rate Cut Sparks Looming Wage Disputes

The rate setters made clear that above-inflation pay claims would be likely to bring credit loosening to a halt. A reduction in interest rates by the Bank of England should rank as a joyful summer gift to borrowers weighed down by the high cost of mortgages and loans. Yet the...

Rubio: peace requires compromise from both Russia and Ukraine

The US secretary of state, Marco Rubio, said that “both sides are going to have to make concessions” for there to be a peaceful resolution to the war that erupted when Russia invaded Ukraine in 2022. “You can’t have a peace agreement unless both sides make concessions – that’s a...

Ukraine war live

Ukrainian president hopes ‘joint strength with America, with our European friends, will force Russia into a real peace’ as he joins leaders from Europe in Washington for crucial summit with Donald Trump A Russian drone attack on a five-storey apartment block in the Ukrainian city of Kharkiv early Monday killed...

Srebrenica massacre commemoration: 30 years later

 The total or partial reproduction of an article, without the prior written authorization of Thousands of Bosnians gathered at the site of the largest massacre of civilians in Europe since the end of World War II. Many drew parallels between the 1995 genocide and the current situation in Gaza, believing...

Trump extends China Trade Truce, igniting Global market surge

Bourses in Australia and Japan hit record highs as hopes grow of trade deal within latest 90-day pause. Donald Trump’s decision to extend a truce in the trade war with China has triggered a stock market rally across the globe. On Monday night, the US president signed an executive order...

Trump and Putin

For nearly 20 years, the US president has shown a clear fascination with his Russian counterpart, whom he is set to meet at a summit on Ukraine this Friday in Alaska. His real estate empire has benefited greatly from Russian private capital. "Putin went through a hell of a lot...

Trump moves in on Russia’s old Caucasus influence

Taking advantage of Moscow's weakening influence in the Caucasus, the US is establishing its presence in the region with a landmark agreement to create a massive rail, energy and digital corridor built by American private companies. Determined to pose as a peacemaker between Armenia and Azerbaijan, Donald Trump set out...

Can the US help Ukraine join the EU?

More than three years into the war Ukraine’s Independence Day - celebrated on 24 August - is once again a remarkable milestone for the country and another demonstration of its willingness and readiness to fight for its independence.  With the diplomatic process aimed at putting an end to Russia’s war...