Town Hall News

MOSCOW (Reuters) – Thirty people have died in western Russia in the last few days after drinking adulterated cider and dozens more have fallen ill, local officials said on Tuesday. The health department of Ulyanovsk region, where the first cases were reported, said 20 people had died there after drinking the cider, branded as “Mister Cider”. Authorities in Samara, Nizhny Novgorod and Udmurtia said a total of 10 people had […]

By Karen Brettell NEW YORK (Reuters) – The U.S. dollar gained against the euro and yen on Tuesday as investors focused on the likelihood that the Federal Reserve will continue hiking rates, while the Aussie jumped after the Reserve Bank of Australia (RBA) surprised with a rate increase. Fed officials are in a blackout period ahead of the U.S. central bank’s June 13-14 meeting and the next major economic release […]

By Sarah Meyssonnier and Layli Foroudi PARIS (Reuters) -French anti-pension reform protesters stormed the headquarters of the Paris 2024 Olympic Games on Tuesday as trade unions made a last-gasp attempt to pressure lawmakers into reversing President Emmanuel Macron’s raising of the retirement age. BFM television broadcast images of several dozen hardleft CGT trade union militants briefly occupying the building in Aubervilliers, northern Paris, as marches got under way in towns […]

By Gabriela Baczynska BRUSSELS (Reuters) -European Union countries are expected this week to agree on how to share out the responsibility of hosting refugees and migrants, a top EU official said on Tuesday of what would mark a breakthrough after years of bitter feuds within the bloc. The EU’s migration chief spoke ahead of talks between home affairs ministers of the bloc’s 27 member states on Thursday. On the table […]

By Gabriela Baczynska BRUSSELS (Reuters) -European Union countries are expected this week to agree on how to share out the responsibility of hosting refugees and migrants, a top EU official said on Tuesday of what would mark a breakthrough after years of bitter feuds within the bloc. The EU’s migration chief spoke ahead of talks between home affairs ministers of the bloc’s 27 member states on Thursday. On the table […]

By Gabriela Baczynska BRUSSELS (Reuters) -European Union countries are expected this week to agree on how to share out the responsibility of hosting refugees and migrants, a top EU official said on Tuesday of what would mark a breakthrough after years of bitter feuds within the bloc. The EU’s migration chief spoke ahead of talks between home affairs ministers of the bloc’s 27 member states on Thursday. On the table […]

By Gabriela Baczynska BRUSSELS (Reuters) -European Union countries are expected this week to agree on how to share out the responsibility of hosting refugees and migrants, a top EU official said on Tuesday of what would mark a breakthrough after years of bitter feuds within the bloc. The EU’s migration chief spoke ahead of talks between home affairs ministers of the bloc’s 27 member states on Thursday. On the table […]

By Harry Robertson LONDON (Reuters) – New trades in the enormous U.S. dollar interest rate swap market have almost entirely stopped using the London Interbank Offered Rate (LIBOR) as the deadline for its demise approaches. A record 91% of new dollar swaps executed in May used the Secured Overnight Financing Rate (SOFR), the newly accepted U.S. benchmark, as their reference rate. Just 5% of new swaps used LIBOR, down from […]

By Harry Robertson LONDON (Reuters) – New trades in the enormous U.S. dollar interest rate swap market have almost entirely stopped using the London Interbank Offered Rate (LIBOR) as the deadline for its demise approaches. A record 91% of new dollar swaps executed in May used the Secured Overnight Financing Rate (SOFR), the newly accepted U.S. benchmark, as their reference rate. Just 5% of new swaps used LIBOR, down from […]