Fourth leak found on Nord Stream pipelines, Swedish coastguard says

OSLO, Sept. 29 (Reuters) – The Swedish coastguard said on Thursday it had discovered a fourth gas leak in the damaged Nord Stream pipelines earlier this week, after breaks first reported Monday sent gas to the Baltic Sea. The European Union suspects sabotage was the cause of the leaks in Russia’s submarine pipelines to Europe, … Read more

Myanmar court jails Australian economist Suu Kyi for 3 years – source

Sept. 29 (Reuters) – A court in military-ruled Myanmar on Thursday sentenced ousted leader Aung San Suu Kyi and her former economic adviser, Australian Sean Turnell, to three years in prison for violating a secrets law, it said. a source familiar with the procedure. Both pleaded not guilty to violating the Secrets Act, which carries … Read more

Russia wants to annex Ukraine territory; West warns of new sanctions

Russia says overwhelming support for annexation Russian parliament considers annexation on Tuesday Ukraine rejects referendums as illegal West prepares new sanctions over referendums ZAPORIZHZHIA, Ukraine, Sept. 29 (Reuters) – Russia was poised to annex part of Ukraine within days, releasing so-called voting figures showing overwhelming support in four provinces to join the country, after what … Read more

UK market disruption fuels contagion fears around the world

NEW YORK/LONDON, Sept. 28 (Reuters) – The magnitude and speed of the UK asset sell-off has shaken global markets, raising concerns about contagion as chaos in a large developed economy adds to the unease already experienced caused by sharp rate hikes in the United States and elsewhere. After Friday’s UK mini-budget, which marked £45 billion … Read more

Ukrainians flee Russian annexation – while you still can

ZAPORIZHZHIA, Ukraine, Sept. 28 (Reuters) – “It’s funny. No one voted, but the results are in,” laughed Lyubomir Boyko, 43, of Golo Pristan, a village in the Russian-occupied Kherson province, as he waited on Wednesday outside a Country Relief Office with his family in a refugee reception center. As Russia prepares to annex a strip … Read more

Saudi king appoints crown prince MbS as prime minister

RIYADH, Sept. 27 (Reuters) – Saudi Arabia’s King Salman bin Abdulaziz has named his son and heir Crown Prince Mohammed bin Salman as the kingdom’s prime minister and his second son Prince Khalid as defense minister, a royal decree showed on Tuesday. The reshuffle kept another son, Prince Abdulaziz bin Salman, as energy minister, the … Read more

IMF says UK fiscal measures ‘likely to increase inequality’, urges reconsideration

WASHINGTON, Sept. 27 (Reuters) – The International Monetary Fund on Tuesday targeted new British financial plans that have rocked markets and warned that “big and untargeted fiscal packages” were likely to widen inequality in Britain and tighten monetary policy. can undermine. In its first commentary on plans by the new UK Chancellor of the Exchequer … Read more

Morning Bid: Eye of the Storm

Register now for FREE unlimited access to Reuters.com Register A look at the day ahead of Mike Dolan’s US and global markets. As Hurricane Ian raged and set his sights on Cuba and Florida, a global financial storm calmed down the bond and currency markets moderately – though likely only temporarily. Ian strengthened to a … Read more

Mysterious leaks hit Russian undersea gas pipelines, raising European suspicion

Register now for FREE unlimited access to Reuters.com Register Neither Nord Stream pipeline was pumping gas at the time Both pipes still contain pressurized gas Operator says damage to Nord Stream 1 ‘unprecedented’ Crisis over Russian gas has pushed prices up Europe races to find alternative supplies STOCKHOLM/COPENHAGEN, Sept. 27 (Reuters) – European countries rushed … Read more

Home to 28,000 US troops, South Korea unlikely to avoid conflict in Taiwan

US President Joe Biden drinks ice cream as he greets US troops during his visit to the Air Operations Center at Osan Air Base in Pyeongtaek, South Korea, May 22, 2022. REUTERS/Jonathan Ernst Register now for FREE unlimited access to Reuters.com Register SEOUL, Sept. 26 (Reuters) – Tensions over Taiwan have raised the thorny issue … Read more