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Global stocks mostly rise as ECB, BoE press pause after Fed pivot
Global equities mostly rose Thursday as the ECB and Britain pressed pause on rates after the Fed had sent Wall Street soaring on a pivot toward interest rate cuts next year.
US urges Israel to scale down Gaza offensive
The United States told Israel on Wednesday to scale down its war on Hamas in Gaza in the "near future," with President Joe Biden urging it to take more care to save civilian lives in Gaza.
EU calls Orban's bluff and strikes deal to open Ukraine talks
EU leaders agreed Thursday to open talks with Ukraine and Moldova on joining the bloc, despite an earlier threat from Hungary's Prime Minister Viktor Orban to veto the plan.
Israel tells top US official war will last 'months'
Israel's defence minister warned Thursday the war with Hamas would last "more than several months" as he met a top US official amid a rift between the allies over mounting civilian casualties.
Europe stocks rally on Fed pivot, as ECB, BoE press pause
European equities leapt Thursday with Frankfurt and Paris briefly striking all-time peaks, after the Federal Reserve sent Wall Street soaring on a pivot toward interest rate cuts next year.
Top US official due in Israel as pressure mounts over Gaza deaths
Israel bombarded Gaza on Thursday in its war against Hamas militants as a top White House adviser travelled to Jerusalem with a rift growing over civilian casualties.
Russian nationalist turned critic goes on trial in Moscow
A former top commander of Russian-backed fighters in eastern Ukraine went on trial in Moscow on Thursday on charges of extremism for criticising the Kremlin's military strategy towards Kyiv.
Russian judge re-opens possibility of jail for rights defender
A Russian court on Thursday overturned its decision to fine a veteran human rights campaigner and co-chair of the Nobel-Prize-winning group Memorial, who was convicted earlier of discrediting Russian forces.
France probes death of actress who first denounced Depardieu
French investigators are looking into the death of an actress who was one of the first to accuse film star Gerard Depardieu of sexual assault, prosecutors said this week.
Japan's Kishida replaces four ministers over kickbacks scandal
Japanese Prime Minister Fumio Kishida replaced four ministers Thursday as the unpopular leader reels from a major corruption scandal in the ruling party.
EU leaders battle Orban over Ukraine support
EU leaders met Thursday to boost their long-term support for Ukraine in its fightback against Russia's invasion and secure a European future, but faced a defiant challenge from Hungary's Prime Minister Viktor Orban.
UK PM Sunak says open to tweaking Rwanda bill
UK Prime Minister Rishi Sunak said on Thursday he was open to toughening up his controversial plan to send migrants to Rwanda, which has divided his ruling Conservative party.
Newly-confident Putin vows victory in Ukraine
President Vladimir Putin voiced renewed confidence Thursday in Russia's offensive in Ukraine, as he staged a marathon press conference a week after announcing plans to stay in the Kremlin until at least 2030.
Ex-rebel leader Girkin faces extremism charges in Moscow
former top commander of Russian-backed rebels in eastern Ukraine, Igor Girkin, went on trial in Moscow on Thursday on charges of extremism for criticising the Kremlin's military strategy towards Kyiv.
Newly confident Putin faces the press and Russian people
Vladimir Putin on Thursday holds his first year-end press conference since sending troops into Ukraine, with the Russian president feeling the tide turning in his favour nearly two years into the conflict.
EU leaders wrestle with Orban over Ukraine support
EU leaders will face off against Hungarian Prime Minister Viktor Orban on Thursday as he threatens to veto a massive aid package and a start to membership talks for Ukraine.
Number of journalists killed on job in 2023 declines despite Gaza: RSF
The number of journalists killed in the line of duty fell this year, despite reporter deaths in Gaza in the past two months, media advocacy group Reporters Without Borders said Thursday.
Australian cricketer Khawaja wears black armband in Gaza protest
Australia's Usman Khawaja staged a muted protest against the war in Gaza on Thursday, wearing a black armband during the first Test against Pakistan and taping up messages on his shoes.
Policies to support energy transition losers may fall short
US efforts to transition to cleaner energy carry risks of mass layoffs in mature industries, say experts, who warn that policies to cushion the blow may not live up to hype.
Japanese ministers quit over kickbacks scandal
Four Japanese ministers tendered their resignations on Thursday as unpopular Prime Minister Fumio Kishida reels from a major corruption scandal in the ruling party.
Israel bombs Gaza as rift with US grows
Israel bombed Gaza on Thursday as a top White House advisor was due to arrive in Jerusalem with a rift growing over US calls for its ally to exercise restraint.
Three Japanese ministers resign over kickbacks scandal: reports
Three Japanese government ministers tendered their resignations on Thursday over a major corruption scandal in the ruling party, media reports said.
Elite US universities feel heat over alleged anti-Semitism
Since the start of the conflict between Israel and Hamas, prestigious US universities have come under fire, accused of not doing enough to combat anti-Semitism.
US House launches Republican impeachment inquiry against Biden
The Republican-controlled US House of Representatives voted Wednesday to open a formal impeachment inquiry into President Joe Biden based on his son's controversial international dealings -- a move Biden himself slammed as a "baseless" stunt.
Dow tops 37,000 as dollar tumbles on 'dovish' Fed decision
The Dow rallied to an all-time record Wednesday while the dollar tumbled after the Federal Reserve signaled it expects interest rate cuts in 2024.
Washington shows signs of strained patience with ally Israel
The administration of President Joe Biden has begun to publicly air its differences with the Israeli government over the conduct of the war in Gaza, expressing its exasperation even as it remains largely steady in its support.
'We have to endure' - Argentines stoic as prices skyrocket
Maria Mamani carries a fistful of new price stickers around a supermarket after Argentina's government slashed the value of the peso in half as part of "shock" therapy to the ailing economy.
Israel vows to pursue Gaza war despite international pressure
Israeli leaders said Wednesday they intended to press ahead with the Gaza Strip war against Hamas, despite coming under increasing international pressure, including from key ally the United States.
US expressed 'concerns' to Israel over civilian casualties: W.House
The United States has told Israel of its concerns about civilian casualties in Gaza, the White House said Wednesday, after President Joe Biden warned Israel it could lose support over "indiscriminate bombing."
Israel to pursue Gaza war 'with or without international support'
Israel declared its determination Wednesday to press on with its Gaza war "with or without international support", after it came under mounting pressure even from key backer the United States.
'Gate of Tears': Iran-aligned Huthis a growing threat in the Red Sea
The spike in attacks claimed by Iran-backed Huthi rebels in the Red Sea is dangerously increasing tensions in a bottleneck for international maritime trade and fuelling fears of an uncontrolled regional spillover of Yemen's longstanding conflict.
Israel vows to continue Gaza war 'with or without international support'
Israel declared on Wednesday its determination to continue its Gaza war "with or without international support", after it came under mounting pressure even from key backer the United States.