Explainer: Who is the King of Malaysia and why does he choose the Prime Minister?

KUALA LUMPUR, Nov 22 (Reuters) – Malaysia’s King Al-Sultan Abdullah Sultan Ahmad Shah stands in the spotlight as he ponders who will be the country’s next prime minister after an election saw no party win a majority in parliament and the coalition had. calls failed. Al-Sultan Abdullah said on Tuesday he would decide “soon” between … Read more

Europe hardest hit by global slowdown -OECD

Global growth to fall from 3.1% in 2022 to 2.2% in 2023 National outlooks vary widely, with the UK lagging behind other economies Central banks urged interest rates to keep raising rates PARIS, Nov. 22 (Reuters) – The global economy should avoid recession next year, but the worst energy crisis since the 1970s will trigger … Read more

Ukrainians brace for a harsh winter as Russian attacks cripple power capacity

Ukrainians with little or no heating after bombing Temperatures in several areas already below freezing Residents of Kherson receive offers to evacuate to safer regions Ukraine’s security services raid the famous Kiev monastery KYIV, Nov 22 (Reuters) – President Volodymyr Zelenskiy appealed to Ukrainians to conserve energy amid brutal Russian strikes that have cut the … Read more

Spain approves mortgage support for more than 1 million households

Measures support vulnerable families with an income limit of 25,200 euros Threshold for medium-sized businesses set at 29,400 euros Measures include extending loan repayments to 7 years Promotions also provide grace periods and refund freezes Plan will be finalized on Tuesday after talks with banks MADRID, Nov 21 (Reuters) – The Spanish government will on … Read more

France’s Macron accuses Russia of ‘predatory’ influence in Africa

PARIS, Nov. 20 (Reuters) – President Emmanuel Macron accused Russia of running anti-French propaganda in Africa to serve “predatory” ambitions in troubled African countries, where France has suffered military setbacks in recent years and a greater loss of influence past. Speaking on the sidelines of a summit of francophone countries in Tunisia, Macron was asked … Read more

Earthquake in Indonesia leaves dozens dead, houses reduced to rubble and hundreds injured

CIANJUR, Indonesia, Nov 21 (Reuters) – A magnitude 5.6 earthquake killed more than 60 people and injured hundreds in Indonesia’s West Java province on Monday. Rescue workers tried to reach survivors trapped under the rubble amid a series of aftershocks. The epicenter was near the town of Cianjur in West Java, about 75 km southeast … Read more

German house prices fall 3.5% next year as buyers feel the pressure – Reuters poll

LONDON, Nov 21 (Reuters) – German house prices are set to fall 3.5% next year as the cost of living and rising borrowing costs hit consumers, but the likelihood of an outright crash is slim, according to a Reuters poll of property market experts . Harmonized consumer price inflation in Europe’s largest economy hit 11.6% … Read more

‘Playing with fire’: UN warns as a team to inspect damage to Ukrainian nuclear power plant

IAEA chief warns: ‘You are playing with fire!’ after explosions Russia, Ukraine trade debt for shelling President Zelensky says the eastern region has been hit by heavy artillery ‘Fierce battles’ in the Donetsk region, says Zelensky LONDON/LVIV, Ukraine, Nov 21 (Reuters) – The head of the UN’s nuclear watchdog has warned that whoever fired artillery … Read more

Morning offer: Bulls take cover

A look at Anshuman Daga’s European and global markets ahead of the day ahead: Enthusiasm over recent moves by Chinese authorities to revise the country’s zero-COVID policy is giving way to renewed caution as Beijing’s number of COVID cases rose, causing stocks and currencies to become risk averse, while oil prices reached its lowest point … Read more

Europe is rushing to fill up on Russian diesel before the ban kicks in

LONDON, Nov. 21 (Reuters) – European traders are scrambling to fill tanks in the region with Russian diesel before an EU ban takes effect in February as alternative sources remain limited. On February 5, the European Union will ban the import of Russian oil products, on which it heavily depends for its diesel. That follows … Read more