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☆ More than 150 rescued from floods in eastern Australia
▼ + stars: | 2024-04-06 | by ( ) www.cnbc.com time to read: +1 min

A vehicle attempts to drive through floodwater in the village of Tintenbar on April 4, 2024 in Byron Bay, Australia. Australian authorities on Saturday said 152 people had been rescued from floodwaters in the eastern state of New South Wales after torrential rains sparked warnings for residents to move to higher ground. Authorities said 72 rescues were carried out in state capital Sydney, Australia's largest city, where there was dangerous flooding in several low-lying suburbs. Some 15 emergency evacuation orders were in place statewide, said New South Wales State Emergency Service, which had fielded 4,128 calls for help in the 24 hours to 0500 local time. "Flood levels in some of the rivers particularly in western Sydney are continuing to rise," New South Wales Premier Chris Minns said in a televised media conference.

Persons: Chris Minns Organizations: Authorities, New South, New South Wales State Emergency Service, New South Wales, Sydney Locations: floodwater, Tintenbar, Byron Bay, Australia, New South Wales, Sydney, Australia's, New

☆ Russia raises its flag in Avdiivka, then presses the advantage on a vulnerable Ukraine
▼ + stars: | 2024-02-18 | by ( Tim Lister | Maria Kostenko | ) edition.cnn.com time to read: +7 min

The Russian military may have sensed a window of vulnerability in its adversary. Ukraine’s better units are exhausted after two years of combat; there is a new commander-in-chief, Oleksandr Syrskyi; and Ukrainian troops are short of shells and vulnerable to relentless air strikes. The daily update from the Ukrainian military provides a glimpse of the firepower now being brought to bear by the Russians. This is how the enemy gained the advantage, destroying everything and advancing in the city.”Ukrainian servicemen build a temporary fortification near Avdiivka. President Volodymyr Zelensky said Saturday that in Avdiivka, seven Russians were being killed for every Ukrainian soldier lost.

Persons: they’ve, Ukraine’s, Oleksandr Syrskyi, Volodymyr Zelensky, Vladimir Putin’s, ”, “, Ivan Tymochko, –, Firsov, Anatolii Stepanov, Chasiv Yar, Yevlash, ” Yevlash, Diego Herrera Carcedo, ’ Organizations: CNN, Russians, General Staff, Ukrainian Land Forces, Lyman, TV, Getty, Forces Locations: Avdiivka, Donetsk, Russia, Russian, Luhansk, Bakhmut, Kupiansk, Zaporizhzhia, Russians, Kharkiv, Robotyne, Severodonetsk, AFP, Mariinka, Vuhledar, Chasiv, Kramatorsk, Ukraine, Anadolu, Ukrainian

☆ Counting the 'colossal' cost of capturing Avdiivka: Russia could have suffered 30,000 casualties and lost over 400 tanks, IFVs
▼ + stars: | 2024-02-18 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

At least 30,000 Russian soldiers had been killed or wounded, say Ukraine. AdvertisementRussia suffered huge losses in the battle for the strategic town of Avdiivka before ultimately capturing it. Russia lost more than 400 tanks and armored vehicles and "likely thousands of personnel," per the UK Ministry of Defense. He also said that at least 30,000 Russian soldiers had been injured in the battle, per The Telegraph. AdvertisementThere are no figures on the losses Ukraine has suffered in the bloody battle, though they to could also be significant.

Persons: Avdiivka, —, Oleksandr Syrskyi, Wes, Tim, bec Organizations: Service, Armed Forces of, Facebook, Russia, UK Ministry of Defense, Latest Defence, Ukraine –, Defence, kr Locations: Russia, Ukraine, Ukrainian, Avdiivka, Donbas, Armed Forces of Ukraine

☆ At a Gaza hospital, a midwife brings life and volunteers tend the dead
▼ + stars: | 2023-11-18 | by ( ) www.reuters.com time to read: +10 min

She travelled to Khan Younis from the Jabalia refugee camp in northern Gaza. The Khan Younis vegetable market is still open but prices have doubled. Though Khan Younis is south of Israel’s “evacuation line,” it has not escaped daily raids by Israeli warplanes or missiles. A total of 1,300 people have been killed in the Khan Younis area since October 7, local health officials say. Nasser Hospital, the main hospital in Khan Younis and the biggest in southern Gaza, uses the same term on its Facebook page where it lists the daily “martyrs” in this war.

Persons: Younis Khan Younis, Khan Younis, Israel, Abla Awad, Awad, “, ”, Younis, Suzan, “ They’re, Jan Egeland, Benjamin Netanyahu, NBC’s “, Relatives, Saeed Al, Shorbaji, Shaheed Organizations: United Nations, Program, –, Islamic, Israel, Norwegian Refugee Council, Reuters, Nasser Hospital, Al Locations: Israel, Gaza, Khan, Hulayqat, Israel’s, Islamic Jihad, Egypt, Cairo, ”, Al Aqsa, Old City, Islam, Nasser, Al Jazeera

☆ Ukraine war live updates: Ukraine braces itself for infrastructure strikes; war hotspot Avdiivka under 'massive' Russian shelling
▼ + stars: | 2023-11-13 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

"We are almost halfway through November and we must be prepared for the possibility that the enemy may increase the number of drone or missile strikes against our infrastructure," Zelenskyy said in his nightly address Sunday. Ukraine's President Volodymyr Zelenskyy said the country must brace itself for more attacks on national infrastructure as winter approaches. Firefighters work to put out a fire at energy infrastructure facilities damaged by Russian missile strike, as Russia's attack on Ukraine continues, in Kyiv region, Ukraine. Russia pummelled Ukrainian energy infrastructure last winter, putting pressure on much of the civilian population by depriving them of heating and power. The Kyiv School of Economics estimated last January that damage to the country's energy sector had already totaled $6.8 billion.

Persons: Zelenskyy, Volodymyr Zelenskyy Organizations: Ukraine's, Firefighters, Russian, Kyiv School of Economics, Institute for Locations: Ukraine, Kyiv region, Russia, Kyiv

☆ Slain Lebanese schoolgirl sisters are latest victims of Mideast war
▼ + stars: | 2023-11-06 | by ( Abdelaziz Boumzar | ) www.reuters.com time to read: +4 min

When they set off on Sunday, a missile Lebanon says Israel fired hit their car, killing all three and their grandmother, and leaving their mother wounded and confused. The Ayyoub sisters, aged 14, 12 and 10 respectively, are the latest victims of a Middle East war that began on Oct. 7 when Palestinian militant group Hamas attacked southern Israel, killing some 1,400 people, most of them civilians. Israeli strikes have killed some 60 Hezbollah fighters and at least 10 civilians, Lebanese security officials say. One of the girls’ aunts, Ahlam Ibrahim, said she did not expect this latest dark chapter for southern Lebanon to be the last. Among those killed in southern Lebanon in the current conflict is Reuters journalist Issam Abdallah.

Persons: Samir Ayoub, Lianne Ayyoub, Israel, Samir Ayyoub, Ahlam Ibrahim, “ It’s, we’ve, Issam Abdallah, Lebanon's, John Davison, Andrew Cawthorne Organizations: Reuters, United Nations, Palestinian, Hamas, Lebanese Hezbollah, Hezbollah, Thomson Locations: Israeli, Aytaroun, Lebanon, Israel, Beirut, Iran

☆ CVC IPO efforts may not be third-time lucky
▼ + stars: | 2023-11-02 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsLONDON, Nov 2 (Reuters Breakingviews) - CVC Capital Partners’ ambitions to become a publicly traded diversified asset manager are on the back burner. Shares of rival managers have been pummelled as investors fret over the Gaza conflict, a weakening economy and whether buyout groups can continue to flourish in an era of higher interest rates. True, interest rates may fall. But geopolitical tensions are unlikely to die down, given unresolved issues in the Middle East and Ukraine. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Dado Ruvic, Pamela Barbaglia, Aston Martin, Neil Unmack, Oliver Taslic Organizations: REUTERS, Reuters, Partners, Financial Times, Moody’s, Pfizer, Thomson Locations: Amsterdam, Ukraine, Luxembourg, Gaza, East

☆ Hamas Vows 'Full Force' After Israel Steps up Gaza Ground Operations
▼ + stars: | 2023-10-27 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +7 min

By James MackenzieJERUSALEM (Reuters) - Hamas said on Saturday its militants in Gaza were ready to confront Israeli attacks with "full force" after Israel's military widened its air and ground attacks on the Palestinian enclave. The Palestinian militant group that rules Gaza said earlier its fighters were clashing with Israeli troops in areas near the border with Israel after Israel reported intensified attacks in Gaza. Israeli ground forces had massed outside Gaza, where Israel has been conducting an intense campaign of aerial bombardment since a deadly Oct. 7 attack by hundreds of Hamas gunmen on Israeli communities near the strip. Israel's military accused Hamas on Friday of using the hospital as a shield for its tunnels and operational centres, an allegation the group denied. Palestinians said they received renewed Israeli military warnings to move from Gaza's north to the south to avoid the deadliest theatre of the war.

Persons: James Mackenzie JERUSALEM, Daniel Hagari, Netanyahu, Jazeera, John Kirby, Kirby, Catherine Russell, Mark Regev, Benjamin Netanyahu, Israel, James Mackenzie, Nidal, Michelle Nichols, David Brunnstrom, Grant McCool Organizations: Palestinian, Reuters, UN, United Nations General Assembly, Israel, White House, Washington, Palestinian Red Crescent Society, Red Crescent Society, Hamas, Medecins Sans Frontieres, Children's Fund UNICEF, MSNBC, Fox News, U.S Locations: Gaza, Israel, Gaza's, Beit Hanoun, Al, Al Shifa, Gaza City, United States, U.S, Iran, Palestinian, Lebanon, Syria, Egypt

☆ Sri Lanka approves free tourist visa for seven countries to boost tourism
▼ + stars: | 2023-10-24 | by ( Uditha Jayasinghe | ) www.reuters.com time to read: +1 min

A surfboard is seen in the middle of an empty beach, near hotels at Unawatuna beach in Galle, Sri Lanka July 4, 2019. The scheme is part of attempts by Sri Lanka to boost tourism recovery and hit a target of five million arrivals by 2026, the statement added. But the tourism industry is seeing a turnaround in 2023 with Sri Lanka clocking a million arrivals by September, for the first time since 2019. The island is expecting to close the year at 1.5 million arrivals. India is the largest source of tourists with 200,310 arrivals, followed by Russia with 132,300, latest data from the Sri Lanka Development Authority showed.

Persons: Dinuka, Uditha Jayasinghe, Emelia Sithole Organizations: REUTERS, Rights, Sri, Sri Lanka Development Authority, Thomson Locations: Galle, Sri Lanka, China, India, Russia, Japan, Thailand, Indonesia, Malaysia

The Palestinian Red Crescent logistics head in Gaza, Mahmoud Abu al-Atta, said truckloads of aid had been handed to specific agencies including UNICEF and the Qatari Red Crescent. Mohammad Maher, 40, who has fled to the south from Gaza City in the north, said: "We don't want food or money. Palestinians gather around the remains of a mosque destroyed in Israeli strikes, as the conflict between Israel and Palestinian Islamist group Hamas continues, in the northern Gaza Strip October 22, 2023. REUTERS/Anas al-Shareef Acquire Licensing Rights"Whoever chooses not to leave north Gaza to the south of Wadi Gaza might be identified as an accomplice in a terrorist organisation," the leaflets said. In Jabalia refugee camp, in the north of the enclave, Israeli air strikes destroyed two mosques - among 30 that local authorities say the bombardment has smashed in two weeks.

Persons: Mahmoud Abu al, Atta, Mohammad Maher, Israel, Anas, Khan Younis, Ashraf al, Younis, Shady, Nidal al, Angus McDowall, Nick Macfie Organizations: Gaza, Palestinian, Crescent, UNICEF, Qatari Red Crescent, Hamas, REUTERS, Shifa, United Nations, Thomson Locations: Gaza, GAZA, Rafah, Mahmoud, Gaza City, United States, Israel, Palestinian, Wadi Gaza

The logo of Atos is pictured at the Eurosatory international defence and security exhibition in Villepinte, near Paris, France June 13, 2022. Mustier, credited with restoring UniCredit's capital strength, will be tasked to revive investors' trust after a governance crisis and a series of setbacks pummelled Atos' shares, now trading at near record lows. Atos shares jumped by more than 20% in early Paris trading but reversed course in the morning. The planned sale of Atos's loss-making legacy IT operations, dubbed Tech Foundations, to Kretinsky is opposed by some minority shareholders and several French politicians. Atos on Monday reiterated the plan to sell Tech Foundations to Kretinsky under the terms announced in August, although it signalled some of the financial terms could change.

Persons: Benoit Tessier, Bertrand Meunier, Kretinsky, Jean, Pierre Mustier, Daniel Kretinksy, Atos, Mustier, pummelled Atos, Kretinsky's, Mathieu Rosemain, Pierre John Felcenloben, Christian Schmollinger, Navaratnam, Louise Heavens Organizations: REUTERS, Tech Foundations, Tech, Atos, Kretinsky, Thomson Locations: Villepinte, Paris, France, Czech, Kretinsky, Eviden, French, Atos

☆ Russia pummels east Ukrainian town of Avdiivka in heavy fighting
▼ + stars: | 2023-10-13 | by ( Anna Pruchnicka | ) www.reuters.com time to read: +4 min

But Kyiv says Moscow has massed troops around Avdiivka and sent in heavy equipment, enabling it to hit back hard. It says Moscow aims to encircle and capture the town, just northwest of the Russian-occupied city of Donetsk, and draw in Ukrainian troops from other fronts. Russia's Defence Ministry said on Thursday its forces had inflicted damage on Ukrainian troops in areas including Avdiivka but gave few details. It estimated that Russian forces have captured 4.52 square kilometres (1.75 square miles) of territory around Avdiivka since the beginning of their offensive on Tuesday. Geolocated footage indicated that Russian forces had likely lost at least a battalion tactical group's worth of armoured vehicles in the Avdiivka offensive, it said.

Persons: Alexander Ermochenko, Avdiivka, Barabash, Andriy Yermak, Anna Pruchnicka, Timothy Heritage, Robert Birsel Organizations: REUTERS, Russian, Reuters, Russia's Defence, General, of Ukraine's Armed Forces, Thomson Locations: Avdiivka, Russia, Ukraine, Donetsk, Russian, Ukrainian, Moscow, Crimea, American

☆ Fleeing bombs and death, Armenians recount fear and hunger
▼ + stars: | 2023-09-24 | by ( Felix Light | ) www.reuters.com time to read: +3 min

Petya Grigoryan is one of the first ethnic Armenians of Nagorno-Karabakh to make it to Armenia after a lightning 24-hour Azerbaijani military operation defeated the Karabakh Armenian forces. The ethnic Armenians of Karabakh, internationally recognised as part of Azerbaijan, say they will not live as part of Azerbaijan and that almost all of the 120,000 Armenians there will leave for Armenia. Grigoryan, a 69-year-old driver, said his Kochoghot village in what the Armenians know as the Martakert district of Karabakh was pummelled by Azerbaijan armed forces. Grigoryan and thousands of other Armenians made their way to the airport near the Karabakh capital, known as Stepanakert by Armenians and Khankendi by Azerbaijan, where some Russian peacekeepers are based. Then the Azerbaijan military shelled the Shosh village where he was staying.

Persons: Irakli, Grigoryan, Ilham Aliyev, Guy Faulconbridge, David Holmes Organizations: REUTERS, Reuters, Karabakh, Russian, Thomson Locations: Nagorno, Karabakh, Goris, Armenia, Azerbaijan, Grigoryan, Martakert, pummelled, Khankendi, Leninakan

☆ Three more bodies found after Greece storm, raising toll to 14
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +2 min

[1/5] Locals are evacuated on an excavator from a flooded area, in the aftermath of Storm Daniel, in Larissa, Greece, September 10, 2023. REUTERS/Elias Marcou Acquire Licensing RightsATHENS, Sept 10 (Reuters) - Greek rescue teams recovered the bodies of three more people in central Greece on Sunday, raising the death toll to 14 from the country's most intense rain storm since records began in 1930. Storm Daniel pummelled Greece for three days from Tuesday at the end of the hottest summer ever recorded, leaving a fresh trail of ruin after deadly wildfires. The bodies of an 88-year-old woman and two men, aged 58 and 65, were found near the city of Karditsa, one of the worst-hit areas. Extreme weather events have struck across the globe in recent weeks, with floods in Scandinavia, southeast Europe and Hong Kong.

Persons: Storm Daniel, Elias Marcou, Storm Daniel pummelled Greece, Kyriakos Mitsotakis, Renee Maltezou, Peter Graff Organizations: REUTERS, Rights, Thomson Locations: Larissa, Greece, Karditsa, Thessaly, Scandinavia, Europe, Hong Kong, India

☆ Greek rescue teams move into worst-hit flood villages
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Alexandros Avramidis Acquire Licensing RightsATHENS, Sept 9 (Reuters) - Rescue teams took people out of floodwaters in inflatable boats and in bulldozers on Saturday as they moved into villages hit hardest by a sweeping rainstorm that killed at least 10 people in central Greece this week. Authorities, who have struggled to evacuate people from flooded areas, raised the death toll to 10 people on Friday afternoon. On Saturday, rescue teams were moving into villages near the city of Larissa and close to the River Pineios. Extreme weather events have struck across the globe in recent weeks, with floods in Scandinavia, southeast Europe and Hong Kong. Reporting by Stamos Prousalis, Renee Maltezou, Lefteris Papadimas and Michele Kambas Editing by Frances KerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Storm Daniel, Alexandros Avramidis, Stamos Prousalis, Renee Maltezou, Lefteris Papadimas, Michele Kambas, Frances Kerry Organizations: REUTERS, Rights, pummelled, Authorities, Thomson Locations: Greece, Palamas, pummelled Greece, Larissa, Thessaly, Karditsa, Athens, Thessaloniki, Scandinavia, Europe, Hong Kong, India

☆ Hundreds rescued after storm in Greece
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: 1 min

PicturesHundreds rescued after storm in GreeceStorm Daniel, which meteorologists said was the worst to hit the country since records began in 1930, pummelled Greece for three days, leaving a trail of ruin after a record summer heatwave that had touched off huge wildfires.

Persons: Greece Storm Daniel Organizations: Greece Storm, pummelled Locations: Greece, pummelled Greece

☆ Ukraine primes air defences for new Russian winter assault on power grid
▼ + stars: | 2023-09-07 | by ( Max Hunder | ) www.reuters.com time to read: +3 min

Summary Ukraine expects more air attacks on power grid this winterRussia struck energy facilities across Ukraine last winterKyiv has bolstered its air defences in preparationZHYTOMYR REGION, Ukraine, Sept 7 (Reuters) - Ukrainian air defence crews are banking on newer and better weapons systems to help prevent their country being plunged into darkness once again in a second winter of Russian missile and drone strikes. Nearly half of Ukraine's energy system was damaged by Russian attacks last winter, when Moscow pummelled power plants and transformers with cruise missiles and Iranian-made Shahed drones. The threat of attacks on the power grid remains acute following reports that Moscow has set up its own facilities to manufacture assault drones based on the Shahed-136. Skybytskyi said Russian attacks on energy infrastructure could begin in late September or early October. COST-EFFECTIVEThe Shaheds are estimated by military analysts to cost about $20,000 each, but the Western-supplied air defence missiles Kyiv used last winter cost many times more.

Persons: Vadym, Skybytskyi, Serhiy Naiev, Naiev, Anton, Timothy Heritage, Angus MacSwan Organizations: Joint Forces of, Armed Forces, Reuters, Thomson Locations: Ukraine, Russia, ZHYTOMYR, Moscow, Ukrainian, Kyiv, Zhytomyr, U.S

☆ Sabalenka eases past Zheng into U.S. Open semis
▼ + stars: | 2023-09-06 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

Sabalenka will play the winner of a match between American Madison Keys and Wimbledon champion Marketa Vondrousova. "I'm super happy with the win against her... super happy with the performance," said Sabalenka, who lost in the semi-finals in her previous two U.S. Open appearances. Zheng improved in the second set, forcing Sabalenka to run back and forth along the baseline as she showed finesse to triumph in a 21-shot rally in the fifth game. "In the second set she start playing better, serving better. "I'm super happy that even though she tried to play more aggressive, I was able to keep my level."

Persons: China's Qinwen Zheng, Brendan Mcdermid, Sabalenka, Zheng Qinwen, pummelled, Zheng, Marketa Vondrousova, Amy Tennery, Ed Osmond Organizations: Tennis, U.S ., Australian, Madison Keys, Wimbledon, U.S, Thomson Locations: Flushing Meadows , New York, United States, Belarus, Belarusian, Flushing Meadows, New York

☆ Morning Bid: Global business splutters, dollar surges
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +4 min

But the U.S. jobs picture underscores the "soft-landing" consensus - something Tuesday's updates on global business surveys from last month suggest may not be the case elsewhere. Even though messy workouts of China's ongoing property bust were some relief - as real estate giant Country Garden made some last minute dollar bond payments - the funk in the wider economy clearly persists. That saw the euro fall back against the dollar to levels not seen since mid-June. But that provided little solace to sterling , which was also pummelled by the dollar to its lowest since June. The sour business polls took some heat out of the recent oil price rebound , but did little to calm the long end of the bond market.

Persons: Dado Ruvic, Mike Dolan, disinflation, Philip Lowe, Glazer, Luis de Guindos, Isabel Schnabel, Hugh Lawson Organizations: REUTERS, U.S, Reserve Bank of Australia, Stock, Wall, English football, Manchester United, Sunday, Central Bank, ECB, Treasury, Reuters Graphics Reuters, Reuters, Thomson Locations: U.S, Europe, China

☆ Emergency, evacuations in parts of Russia's Far East in typhoon aftermath
▼ + stars: | 2023-08-12 | by ( ) www.cnbc.com time to read: +1 min

Strong winds and waves caused by Typhoon Khanun crash against a structure off the coast of the southeastern port city of Busan in South Korea on August 10, 2023. A state of emergency was declared and evacuations ordered in parts of Russia's Far East on Saturday after heavy downpours flooded villages in the aftermath of Typhoon Khanun that pummelled Japan earlier this week, local authorities said. In the Russian Far East, a region in the easternmost part of Russia and the Asian continent, 32 settlements were cut off, 543 houses and large stretches of roads were flooded by Saturday morning, said authorities in the Primorye region. Evacuations were in place in the cities of Ussuriysk and Spassk-Dalny in Primorye, the region of which the port of Vladivostok is the administrative centre. The Spassovka and Kuleshovka rivers cross the territory of Spassk-Dalny, a city of just over 44,000 people.

Persons: Typhoon Khanun, Khanun Locations: Busan, South Korea, Russia's, Japan, North Korea, Russian, Russia, Primorye, Ussuriysk, Vladivostok, Spassk

During a week spent with troops around the town of Orikhiv, CNN saw a palpable improvement in morale as some advances appeared to be made. Destroyed buildings in the city of Orikhiv in Ukraine's Zaporizhzhia region, which has been pummelled for months by Russian bombardment. Russian air superiority is taking Ukrainian lives daily, with half-ton bombs landing frequently – sometimes 20 in as many minutes. Ukrainian troops constantly relocate and hide their vehicles at every opportunity to frustrate Russian targeting. Brice Lane/CNNA Ukrainian tank fires from a treeline towards Russian forces on the country's southern frontline.

Persons: Eastern Ukraine CNN —, Ukraine’s, that’s, –, ”, Vitaly, Brice Lane, chatted, Eugene, “, Vlad, ” Eugene, Andrei, CNN Vlad, …, Julia, it’s Organizations: Eastern Ukraine CNN, NATO, CNN, 15th National Guard, Kyiv, 15th National Guard Brigade, ”, Russian Locations: Eastern Ukraine, Soviet, Robotine, Orikhiv, Ukraine's Zaporizhzhia, Kharkiv, Ukraine, Russian, Ukraine's, Ukrainian

☆ Insight: BOJ makes bold shift as yen risks grow too big to ignore
▼ + stars: | 2023-08-03 | by ( Leika Kihara | ) www.reuters.com time to read: +9 min

The BOJ's decision shook markets on Friday and contrasted sharply with Ueda's more cautious comments in recent months about the dangers of retreating too quickly from accommodative Kuroda-era policies. "There's also a small but probable risk of inflation overshooting in Japan, which gave the BOJ reason to act." NEW PRIORITIESThe BOJ's policy decision last week signalled to investors that it would now allow the 10-year government bond yield to move closer to 1% before it intervenes. 'BIT BY BIT'The shift in thinking gained momentum at the BOJ's June policy meeting, but not enough to turn the tide. It was a test case, or a preliminary exercise, toward future policy normalisation," said former BOJ board member Takahide Kiuchi.

Persons: Issei Kato, Kazuo Ueda, Haruhiko Kuroda, Fumio, accommodative Kuroda, Ueda, YCC, There's, Hirokazu Matsuno, Seiji Adachi, Asahi Noguchi, Ryozo Himino, Shinichi Uchida, Uchida, Masato Kanda, Kanda, Takahide, Leika Kihara, Takaya Yamaguchi, Takahiko Wada, Kentaro Sugiyama, Yoshifumi, Sam Holmes Organizations: Bank of Japan, REUTERS, TOKYO, Bank, Ueda, Reuters, BIT, Asahi, Nikkei, Thomson Locations: Tokyo, Japan

At one point, Russian officials even claimed to have kicked Ukrainian forces back out of the village, which Ukraine staunchly denied. “That’s the hardest part.”Images from drone footage show the extensive damage to Staromayorske, Ukraine. Ukraine’s position is made harder still given Russian forces are on the eastern side of the river, able to use its natural boundary from which they can fire artillery. The wall graffiti is equally bleak: “There is no love.” “God is for Russia.” “Welcome to Mordor.”It is a nihilism that only amplifies a key question Ukrainian forces have: Why do the Russian troops fight so hard for these tiny settlements? The fact that Russian forces fight so persistently for each settlement has raised doubts about claims that Russia’s defensive line is fierce but thin.

Persons: Ukraine’s, Krivyh Rih, ” Krivbas, ’ Krivbas, Neskuchne, Krivbas, ”, ‘, haven’t, Reva, deminer Organizations: Ukraine CNN, Ukrainian, Ukraine, Staromayorske, Marines, CNN, Pentagon, ‘, Russian, Storm, AK Locations: Neskuchne, Ukraine, Staromayorske, Mariupol, Krivyh, Russian, “, Russia, Mordor

☆ Northern China faces Doksuri floods as south mops up from storm
▼ + stars: | 2023-07-30 | by ( ) www.reuters.com time to read: +2 min

China's National Meteorological Center kept its red alert, the country's highest, for rainstorms on Sunday, state media Xinhua reported. Doksuri, one of the strongest storms to hit China in years, had prompted thousands to evacuate in southern province Fujian and ripping coastal areas and pushing north and inland. Although the authorities downgraded the storm from typhoon on Sunday, the China Meteorological Bureau maintained a red alert for heavy rain in various provinces, especially northern areas such as Hebei, Beijing, Shanxi and Henan. The capital was likely to receive record rainfall, while cities in Hebei province, which encircles Beijing, were waterlogged, local media reported. In Hebei, 209 weather stations recorded extremely heavy rainfall and 1,283 heavy rainfall，local TV reported.

Persons: Typhoon Doksuri, Doksuri, Khanun, Ningwei Qin, Kevin Yao, William Mallard Organizations: cnsphoto, REUTERS, National Meteorological Center, Xinhua, China, China Meteorological Bureau, Ningwei, Thomson Locations: Xincuo, Fuqing, Fuzhou, Fujian province, China, REUTERS BEIJING, Beijing, Fujian, Philippines, Taiwan, Hebei, Shanxi, Henan, Hebei province, Zhejiang province, Shanghai

A global pattern of heat waves that have scorched parts of Europe, Asia and the United States this week have thrown that challenge into sharp relief. The World Meteorological Organization warned on Tuesday of increased risk of deaths linked to excessively high temperatures. In South Korea, deluges of rain have pummelled central and southern regions since last week. In recent days, temperatures in Xinjiang and other parts of Asia, as well as Europe and the United States have shattered records. On Tuesday, Beijing logged its 27th day of temperatures of more than 35C, setting a new local record for the most number of high-temperature days in a year.

Persons: Aly, Kerry, John Kerry, Hawaii's Big, Storm Calvin, Yoon Suk Yeol, Han Duck, ” Han, Han Zheng, Han, Wang Yi, Premier Li Qiang, Xie Zhenhua, Ryan Woo, Valerie Vocovici, Hyonhee, John Geddie, Stephen Coates Organizations: heatwave, REUTERS, Hawaii U.S, World Meteorological Organization, National Weather Service, Meteorological, Premier, Thomson Locations: Shanghai, China, South Korea, Greece, Hawaii, Beijing, BEIJING, SEOUL, Athens, U.S, Europe, Asia, United States, Cheongju, North Gyeongsang, Seoul, China's, Xinjiang, Turpan, Taiwan, Dubai

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