EXCLUSIVE Top EU official backs multi-trillion plan to rebuild Ukraine

Rebuilding Ukraine will cost trillions of euros – top EU banker EIB chief Hoyer calls for Marshall-style Plan for Ukraine Urges West and its banks to underwrite Ukraine finances BRUSSELS, May 11 (Reuters) – A top European official has backed a multi-trillion-euro “Marshall” -style plan to rebuild Ukraine, pledging the firepower of the EU’s lending … Read more

N.Korea reports first COVID-19 outbreak, orders lockdown in “gravest emergency”

North Korea declares ‘gravest national emergency’ Potential for ‘unprecedented crisis’ for Kim Jong Un – expert Isolated state has declined int’l offer of vaccine No North Korean civilians are believed vaccinated SEOUL, May 12 (Reuters) – North Korea confirmed its first COVID-19 outbreak on Thursday, calling it the “gravest national emergency” and ordering a national … Read more

NATO to welcome Nordic members as Ukraine pushes back Russian forces

Finland expected to announce bid to join NATO Ukraine halts major route for Russian gas to Europe Russia imposes sanctions on Gazprom units in Europe, US Ukrainian forces seek to cut Russian battlefield supply lines KYIV / BRUSSELS, May 12 (Reuters) – Finland is expected to announce on Thursday its intention to join NATO with … Read more

Al Jazeera journalist killed during Israeli raid in West Bank

Deadly shooting occurred during Israeli raid Israel says troops exchanged fire with Palestinians Israeli defense chief says unclear who killed reporter JENIN, West Bank, May 11 (Reuters) – A prominent Palestinian-American Al Jazeera reporter was shot dead during an Israeli raid in the occupied West Bank on Wednesday, and Israel said it was launching an … Read more

EXCLUSIVE Boeing clashes with key supplier ahead of Starliner spacecraft launch

WASHINGTON, May 11 (Reuters) – Boeing Co (BA.N) is feuding with Aerojet Rocketdyne (AJRD.N), a key supplier for its Starliner spacecraft, as the US aerospace giant races to test launch the uncrewed astronaut capsule and mend its reputation in the space sector, people familiar with the matter said. The CST-100 Starliner is scheduled for a … Read more

Russian gas flows to Europe via Ukraine fall after Kyiv shuts one route

A 3D printed Natural Gas Pipes are placed on displayed EU and Russian flags in this illustration taken, January 31, 2022. REUTERS / Dado Ruvic / File Photo Register now for FREE unlimited access to Reuters.com Register Russian gas exports via Ukraine fall to 72 mcm Ukraine declared ‘force majeure’, halted transit point use Gazprom … Read more

Exclusive: Germany prepares crisis plan for abrupt end to Russian gas

BERLIN, May 9 (Reuters) – German officials are quietly preparing for any sudden halt in Russian gas supplies with an emergency package that could include taking control of critical firms, three people familiar with the matter told Reuters. The preparations being led by the Ministry of Economic Affairs show the heightened state of alert about … Read more

A rival sits out Lebanon’s election. Now Hezbollah could fill the void

Saad al-Hariri, former PM, withdraws from politics His move leaves Lebanon’s Sunni vote fragmented Many people expected not to vote amid economic meltdown That could play into Iran-backed Hezbollah’s hands TRIPOLI, Lebanon, May 9 (Reuters) – The stakes are high in Lebanon’s election. The heavily armed Hezbollah movement has seen one of its main rivals … Read more

EXCLUSIVE Biden sidelined global energy partners with record emergency oil release

LONDON, May 9 (Reuters) – The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International Energy Agency, leaving them scrambling to match with releases of their own, according to two sources familiar with the matter. Unilateral action by Washington to address global supply or price … Read more

South Korea hunts tungsten treasure in race for rare minerals

S.Korean tungsten mine gets $ 100 million makeover Dozens of new mineral projects launched globally Green, digital booms fuel demand for rare minerals China is pre-eminent in critical minerals supply GRAPHIC-S.Korea’s reliance on China: SANGDONG, South Korea, May 9 (Reuters) – Blue tungsten winking from the walls of abandoned mine shafts, in a town that’s … Read more