News Archives for World - 2022-05-27

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World - 2022-05-27

Europe

G7 calls on OPEC to play key role to ease global energy supplies

BERLIN: Ministers from the Group of Seven countries on Friday called on OPEC to act responsibly to ease a global...

Published 27 May, 2022 08:32pm

USA

IMF secures $40 billion so far for new sustainability trust

LONDON/NEW YORK: The International Monetary Fund (IMF) has received $40 billion in pledges for its new Resilience...

Published 27 May, 2022 08:22pm

USA

US issues sanctions targeting North Korean weapons of mass destruction program

WASHINGTON: The United States on Friday imposed sanctions on two Russian banks, a North Korean company and a person...

Published 27 May, 2022 08:15pm

Europe

Russia opens cases against Google, other foreign tech over data storage

Russia’s communications regulator Roskomnadzor said on Friday it had opened administrative cases against Alphabet...

Published 27 May, 2022 08:09pm

Energy

EU may clinch summit deal to embargo Russian oil shipments

BRUSSELS: EU countries scrambled on Friday to reach a deal that would embargo seaborne deliveries of Russian oil but...

Published 27 May, 2022 08:06pm

USA

Biden administration plans to cancel $10,000 in student debt per borrower: report

WASHINGTON: The administration of U.S. President Joe Biden is planning to cancel $10,000 in student debt per...

Published 27 May, 2022 06:27pm

Markets

US consumer spending beats expectations in April; inflation likely peaked

WASHINGTON: US consumer spending rose more than expected in April, while annual inflation appeared to have peaked,...

Published 27 May, 2022 05:59pm

Europe

First case of monkeypox confirmed in Finland

HELSINKI: Finland has confirmed its first case of monkeypox, the Helsinki hospital district said on Friday. A...

Published 27 May, 2022 03:33pm

Business & Finance

Why do startups like setting up shop in Dubai?

Businesses thrive in Dubai, which would explain why it was just announced that more than 3,000 new member companies...

Updated 27 May, 2022 04:15pm

South Asia

Taliban dismiss UN concerns on women's rights in Afghanistan

KABUL: The Taliban on Friday rejected the UN Security Council's call to reverse heavy restrictions imposed on Afghan...

Published 27 May, 2022 03:20pm

Asia

Beijing says Blinken speech ‘smears China’

BEIJING: China’s foreign ministry on Friday accused US Secretary of State Antony Blinken of “smearing” the country...

Published 27 May, 2022 03:17pm

Europe

West has declared ‘total war’ on Russia: Lavrov

MOSCOW: Russian Foreign Minister Sergei Lavrov on Friday accused Western countries of waging a “total war” on Russia...

Published 27 May, 2022 03:11pm

Europe

UK’s Sunak says new support package will have minimal impact on inflation

LONDON: British finance minister Rishi Sunak said on Friday that the new 15 billion pounds ($19 billion)...

Published 27 May, 2022 11:33am

Europe

‘Stop playing’ with Russia, end war: Zelenskiy tells West

KYIV: President Volodymyr Zelenskiy urged the West to stop playing around with Russia and impose tougher sanctions...

Published 27 May, 2022 11:26am

USA

Police face questions over their response to Texas school massacre

UVALDE: The gunman in the Texas school massacre barged unchallenged through an unlocked door, then killed 19...

Published 27 May, 2022 11:17am

USA

China, Russia veto U.S. push for more U.N. sanctions on North Korea

UNITED NATIONS: China and Russia vetoed on Thursday a U.S.-led push to impose more United Nations sanctions on North...

Published 27 May, 2022 11:12am

Asia

North Korea tests rivers, air, garbage as anti-COVID efforts gather steam

SEOUL: North Korean health officials are testing rivers, lakes, the air and household wastewater and garbage for the...

Published 27 May, 2022 10:56am

Asia

Japan PM Kishida says debate on capital gains tax still on

TOKYO: Japanese Prime Minister Fumio Kishida said on Friday his government and ruling coalition continued to debate...

Published 27 May, 2022 10:14am

USA

Brazil’s Lula gains even more ground against Bolsonaro: poll

BRASÍLIA: Brazil’s former leader Luiz Inacio Lula da Silva has gained ground against incumbent President Jair...

Published 27 May, 2022 10:01am

Europe

Ukraine’s Zelensky accuses Russia of ‘genocide’ in Donbas onslaught

KHARKIV: Ukraine’s President Volodymyr Zelensky accused Moscow of carrying out a “genocide” in the eastern region of...

Published 27 May, 2022 09:41am

Asia

6.1-magnitude quake strikes off East Timor, tsunami advisory issued

DILI: A 6.1-magnitude earthquake struck off the coast of East Timor on Friday, the US Geological Survey said,...

Published 27 May, 2022 09:39am

Europe

UK PM apologises to cleaners, guards over parties

LONDON: UK Prime Minister Boris Johnson Thursday apologised to Downing Street cleaners and security guards after an...