News Archives for World - 2022-07-29

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World - 2022-07-29

USA

Blinken says he spoke to Lavrov, pressed Kremlin to accept US offer on prisoners

WASHINGTON: U.S. Secretary of State Antony Blinken on Friday said he has held a telephone conversation with Russian...

Published 29 Jul, 2022 11:27pm

USA

Fed’s aggressive rate-hike path bolstered by new inflation, wage data

Federal Reserve Chair Jerome Powell said this week he’s looking for compelling signs that inflation is cooling...

Published 29 Jul, 2022 09:20pm

South Asia

Sri Lanka resumes bailout discussions with IMF, finance ministry says

NEW DELHI: Sri Lanka has resumed technical discussions with the International Monetary Fund on a potential bailout...

Published 29 Jul, 2022 07:40pm

South Asia

Explosion inside Kabul cricket stadium injures four

KABUL: An explosion went off inside Kabul’s main cricket stadium during a domestic league match on Friday, injuring...

Published 29 Jul, 2022 07:26pm

USA

US labor costs increase strongly in the second quarter

WASHINGTON: US labor costs increased strongly in the second quarter as a tight jobs market continued to boost wage...

Published 29 Jul, 2022 06:49pm

USA

US consumer spending beats expectations in June; inflation accelerates

WASHINGTON: US consumer spending increased more than expected in June as Americans paid more for goods and services,...

Published 29 Jul, 2022 06:40pm

Currency

FTX wins full approval to operate crypto exchange in Dubai

Cryptocurrency exchange FTX said on Friday it was fully approved to operate its exchange and clearing house in...

Published 29 Jul, 2022 06:35pm

Commodities

Zelenskiy says Ukraine ready to ship grain, awaits signal to start

ODESA: Ukraine’s president visited a Black Sea port on Friday to show his country is ready to start exporting grain...

Published 29 Jul, 2022 06:31pm

Europe

Spain inflation hits 38-year high in July

MADRID: Inflation in Spain in July reached its highest level in 38 years, fuelled by runaway food and energy prices,...

Published 29 Jul, 2022 05:51pm

South Asia

India’s April-June fiscal deficit narrows amid fall in subsidies

NEW DELHI: India’s federal fiscal deficit for the three months through June rose lower-than expected to 3.5 trillion...

Published 29 Jul, 2022 04:56pm

South Asia

China to resume visa issuance to Afghans, exempt Afghan imports from tax

BEIJING: China will resume issuing visas to Afghans from August 1 and allow 98% of Afghan imports to enter tax free,...

Published 29 Jul, 2022 04:42pm

Europe

Russia’s Lavrov says Moscow will propose time for call with Blinken on prisoners

TASHKENT: Russian Foreign Minister Sergei Lavrov said on Friday that Moscow would soon propose a time for a call...

Published 29 Jul, 2022 03:30pm

Europe

Saudi prince thanks Macron for ‘warm reception’ in Paris

PARIS: Saudi Arabia’s Crown Prince Mohammed bin Salman on Friday thanked French President Emmanuel Macron for his...

Published 29 Jul, 2022 03:10pm

South Asia

Two pilots killed as Soviet-era fighter jet crashes in India

NEW DELHI: Two pilots have been killed in India after a Soviet-era fighter jet crashed during a training sortie, the...

Published 29 Jul, 2022 02:30pm

Europe

Russian strikes kill 5 at bus stop in south Ukraine: governor

KYIV: Russian strikes on the heavily bombed Ukrainian city of Mykolaiv near the country’s southern frontline killed...

Published 29 Jul, 2022 02:24pm

Real Estate

Pakistanis among top 10 buyers in Dubai as real estate sales surge in H1 2022

Property consultancy Betterhomes, in its H1 2022 real estate market report, says total transactions in the residential property market amounted to nearly 89 billion dirhams ($24.23 billion)

Updated 29 Jul, 2022 12:30pm

Europe

UK defence minister Wallace endorses Truss for PM

LONDON: British foreign minister Liz Truss received another boost for her campaign to become the country’s next...

Published 29 Jul, 2022 12:03pm

Asia

Abe murder spotlights Unification Church controversy in Japan

TOKYO: The assassination of former Japanese prime minister Shinzo Abe by a man resentful of the Unification Church...

Published 29 Jul, 2022 10:34am

Asia

North Korea’s Kim says ‘ready to mobilise’ nuclear weapons

SEOUL: North Korean leader Kim Jong Un said his country was “ready to mobilise” its nuclear deterrent in any future...

Published 29 Jul, 2022 10:19am

World

Alarm as Earth hits ‘Overshoot Day’ Thursday: NGOs

PARIS: Mankind marks a dubious milestone Thursday, the day by which humanity has consumed all earth can sustainably...