Town Hall News

By Pavel Polityuk KYIV (Reuters) – Russian forces pressed attacks on frontline cities in eastern Ukraine on Monday, while Ukrainian officials played down a report that Kyiv is amending some plans for a counter-offensive due to a leak of classified U.S. documents. The Russians were pounding Ukrainian positions around besieged Bakhmut in the eastern Donetsk region and other cities and towns with air strikes and artillery barrages, Kyiv said. “The […]

By Sruthi Shankar and Ankika Biswas (Reuters) -U.S. stock indexes fell on Monday on growing concerns that the Federal Reserve will continue to raise interest rates after Friday’s jobs data pointed to a resilient labor market. The tech-heavy Nasdaq led losses among the major indexes after the long weekend, with growth stocks including Apple Inc, Amazon.com Inc and Microsoft Corp slipping between 1.7% and 2.1%. U.S. employers maintained a strong […]

By Sruthi Shankar and Ankika Biswas (Reuters) -U.S. stock indexes fell on Monday on growing concerns that the Federal Reserve will continue to raise interest rates after Friday’s jobs data pointed to a resilient labor market. The tech-heavy Nasdaq led losses among the major indexes after the long weekend, with growth stocks including Apple Inc, Amazon.com Inc and Microsoft Corp slipping between 1.7% and 2.1%. U.S. employers maintained a strong […]

By Alex Lawler LONDON (Reuters) -Oil slipped on Monday, after rising for three straight weeks, as concern about further interest rate hikes that could curb demand balanced the prospect of a tighter market due to supply cuts from OPEC+ producers. The U.S. dollar rose after U.S. jobs data pointed to a tight labour market, firming up expectations of another Federal Reserve rate hike. Dollar strength makes oil more expensive for […]

JERUSALEM (AP) — Thousands of Israelis led by at least seven Cabinet ministers marched Monday to an evacuated West Bank settlement, in a defiant signal that Israel’s most right-wing government in history is determined to accelerate settlement building on occupied lands despite international opposition. The mass rally also threatened to further raise tensions that have been heightened by days of unrest across the region over a contested Jerusalem holy site. […]

By Sruthi Shankar and Ankika Biswas (Reuters) -U.S. stock indexes were on track for a lower open on Monday on growing concerns that the Federal Reserve will continue to hike interest rates after Friday’s jobs data highlighted a still-strong labor market. Futures tied to the tech-heavy Nasdaq 100 led losses after the long weekend, with growth stocks including Apple Inc, Amazon.com Inc and Microsoft Corp slipping between 0.7% and 1.3% […]

WASHINGTON (Reuters) – World Bank Group President David Malpass said on Monday that the lender has revised its 2023 global growth outlook slightly upward to 2% from a January forecast of 1.7% but the slowdown from stronger 2022 growth will increase debt distress for developing countries. Malpass told a media briefing that the upward revision was due to an improved outlook for China’s recovery from COVID-19 lockdowns, with growth now […]

By Pavel Polityuk KYIV (Reuters) – Russian forces pressed attacks on frontline cities in eastern Ukraine on Monday, while Ukrainian officials played down a report that Kyiv had had to amend some military plans ahead of a counter-offensive due to a leak of classified U.S. documents. The Russians were pounding Ukrainian positions around besieged Bakhmut in the eastern Donetsk region and other cities and towns with air strikes and artillery […]

WASHINGTON (Reuters) – Russia’s detention of Wall Street Journal reporter Evan Gershkovich is a “brazen act” and violates the vital freedom of the press, including the safety of journalists, World Bank President David Malpass said on Monday. Russian Federal Security Service investigators last week charged Gershkovich with espionage but the Wall Street Journal reporter denied the accusation and said he was working as a journalist, domestic news agencies said on […]