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Register now for FREE unlimited access to Reuters.com RegisterThe Russian-installed administrations of the four provinces have formally asked Putin to incorporate them into Russia, which Russian officials have suggested is a formality. Kremlin spokesman Dmitry Peskov said Russia would need to keep fighting until it had taken control of all of Donetsk. Russia has announced it will mobilise some 300,000 reservists to bolster its forces in Ukraine. On the ground, Ukraine and Russian forces are engaged in heavy fighting in the four disputed provinces. The Nord Stream 1 pipeline, once the main route for Russian gas to Germany, was already shut but cannot now be easily reopened.
Such sanctions would prohibit Gazprom from paying Ukraine transit fees, which analysts say could end Russian gas flows to Europe via the country. "(Sanctions) would make into reality the worst-case scenario that European governments have been preparing for all summer, a European gas market without Russian gas," said Natasha Fielding, head of EMEA gas pricing at Argus Media. "Transit through Ukraine is the only Russian gas delivery route to Europe still in use besides the Turkish Stream pipeline, which serves southeast European countries," she added. Gas flows via the only operational Ukraine transit route through Sudzha are currently around 42 million cubic metres a day. As a result, European gas storage was 88% full as of Sept. 26, although there are variations between countries.
Turkey will lower interest rates further, Erdogan says
  + stars: | 2022-09-28 | by ( ) www.reuters.com   time to read: 1 min
ISTANBUL, Sept 28 (Reuters) - Turkey will continue cutting interest rates and not raise them, President Tayyip Erdogan said on Wednesday, repeating his unorthodox view that lower rates will lead to lower inflation. Speaking in a televised interview with broadcaster CNN Turk, Erdogan called on Turks to take advantage of low rates to make investments. Turkey's central bank unexpectedly cut its policy rate by 100 basis points twice in the past two months, lowering it to 12%, despite inflation at more than 80% in August. Register now for FREE unlimited access to Reuters.com RegisterReporting by Ali Kucukgocmen Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.
ISTANBUL, Sept 28 (Reuters) - Turkey will re-inforce its military presence in northern Cyprus after the United States lifted defence trade restrictions on Cyprus, Turkish President Tayyip Erdogan said on Wednesday. Speaking in a televised interview with broadcaster CNN Turk, Erdogan said the lifting of the restrictions was "inexplicable in terms of content and timing." We cannot," he said, adding that Turkey already has 40,000 troops on the island and will reinforce them with land, naval and aerial weapons, ammunition and vehicles, Erdogan said. Since then, Cyprus has been run by a Greek Cypriot administration in the south that Ankara does not recognise. The breakaway Turkish state on the northern side of the divided island is only recognised by Ankara.
ISTANBUL, Sept 28 (Reuters) - Turkish President Tayyip Erdogan on Wednesday said he hopes the central bank's monetary policy committee will deliver another cut to its policy rate next month and bring it down to single digits by year-end. Erdogan, speaking in a televised interview with broadcaster CNN Turk, said Turkey aims to strengthen the lira by reducing interest rates. Turkey's central bank unexpectedly cut its policy rate by 100 basis points twice in the past two months, lowering it to 12% despite inflation at more than 80% in August. An easing cycle at the end of last year, long sought by Erdogan, sparked a currency crisis. Register now for FREE unlimited access to Reuters.com RegisterReporting by Ali Kucukgocmen; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.
Zelenskiy works the phone to rally support against Russia
  + stars: | 2022-09-28 | by ( ) www.reuters.com   time to read: +2 min
KYIV, Sept 28 (Reuters) - Ukrainian President Volodymyr Zelenskiy sought to rally international support for his country against Russia in a series of calls with foreign leaders on Wednesday as Moscow looked poised to annex a swath of Ukrainian territory. Register now for FREE unlimited access to Reuters.com Register"We expect London’s leadership in reaction to Russian sham referenda as well. Defence and financial aid to Ukraine must be enhanced in response," Zelenskiy wrote on Twitter after speaking to British Prime Minister Liz Truss. In another call, Zelenskiy won a promise from German Chancellor Olaf Scholz that Berlin's financial, political and humanitarian support for Ukraine would not waver. Register now for FREE unlimited access to Reuters.com RegisterReporting by Pavel Polityuk, Editing by Timothy HeritageOur Standards: The Thomson Reuters Trust Principles.
The Oracle logo is shown on an office building in Irvine, California, U.S. June 28, 2018. The case covered alleged wrongdoing from 2014 to 2019, and is the second time the SEC charged Oracle with violating the federal Foreign Corrupt Practices Act ("FCPA"), an anti-bribery law. According to the regulator, Oracle's Turkey and UAE units also used slush funds to pay for foreign officials to attend technology conferences in violation of Oracle policies. Oracle, based in Austin, Texas, agreed to pay a $15 million civil fine and about $7.9 million of disgorgement and interest. In 2012, Oracle agreed to pay a $2 million fine to settle SEC charges concerning the creation of millions of dollars of unauthorized side funds by Oracle India from 2005 to 2007.
Factbox: Government measures to ease inflation pain
  + stars: | 2022-09-27 | by ( ) www.reuters.com   time to read: +5 min
In August, the government offered debt relief to former students and unveiled the $430 billion "Inflation Reduction Act". * Canada on Sept. 13 announced a C$4.5 billion ($3.29 billion) relief package. * Poland will spend over 30 billion zlotys ($6.07 billion) to freeze power prices and support companies. * The Czech Republic will cap electricity and gas prices next year. * Croatia will cap electricity prices from Oct. 1 until March.
Oracle Corp. agreed to pay more than $23 million to settle allegations it violated antibribery laws for the second time, following a 2012 settlement, the Securities and Exchange Commission said Tuesday. The U.S. Foreign Corrupt Practices Act prohibits U.S. persons and entities from giving or offering anything of value to foreign public officials to win or keep business. units also used the funds to pay for foreign government officials to attend technology conferences that violated the company’s policies and procedures. As part of the SEC settlement, Oracle didn’t admit or deny the allegations. Austin, Texas-based Oracle in 2012 agreed to pay about $2 million to the SEC to settle a previous set of FCPA charges.
Holiday in Montenegro becomes escape from call-up for Russians
  + stars: | 2022-09-27 | by ( ) www.reuters.com   time to read: +2 min
Alexander and his wife Svetlana walk on Jaz beach near Budva, Montenegro, September 26, 2022. REUTERS/Stevo VasiljevicBUDVA, Montenegro, Sept 27 (Reuters) - When Alexander and his wife Svetlana arrived for a two-week vacation in Montenegro, they planned to return home to Russia. But President Vladimir Putin's announcement last week ordering a mobilisation of reservists for the war in Ukraine has thrown their lives into disarray. I am afraid we will have no friends left in Russia," Alexander said. Maxim, 48, a physician, was also vacationing in Montenegro when he heard about mobilisation at home.
The match is the first to take place at the stadium, which will host the World Cup 2022 final. The civilians were told they had been called up to assist with the World Cup and that it was their "patriotic duty" to do so, the source said. Asked for comment, a Qatari government official said in a statement that Qatar's national service program would continue as normal during the World Cup. The diplomats are expected to return to their posts after the World Cup. World Cup organisers intend to relax Qatar's strict laws limiting the public sale of alcohol, and will allow beer to be served near stadiums a few hours before matches kick off.
A top Russian official repeated Russia's nuclear threats, saying it "isn't a bluff." Dmitry Medvedev said NATO countries wouldn't step in if Russia fired a nuke on Ukraine. Russia will also "do anything" to prevent the nuclear weapons emerging in the country's "hostile neighbors" such as Ukraine, Medvedev said. Reminding the world about Russia's nuclear arsenal is nothing new among Putin and his allies. After Putin's latest statement, the White House warned Russia would face "catastrophic consequences" if it used tactical nuclear weapons.
2018 was a tough year for Dustin Siggins and his family as they dealt with some financial strain. The US took home 23 medals from the Winter Olympics, unemployment was low, and global progress against poverty was accelerating. We'd also purchased our first home eight months earlier without a down payment, so we were technically under water on our loan. Second, my wife took on multiple part-time jobs while she was looking for a full-time job. But our personal financial crisis prepared us for navigating any time — good or bad.
Slovak parliament approves NATO membership for Finland, Sweden
  + stars: | 2022-09-27 | by ( ) www.reuters.com   time to read: +2 min
Sept 27 (Reuters) - Slovakia's parliament on Tuesday ratified the entry of Finland and Sweden to NATO, becoming one of the last countries to back the military alliance's expansion. Finland and Sweden sought to join NATO this year in response to Russia's invasion of Ukraine. In the 150-seat parliament, 126 lawmakers supported Finland's entry, and 124 voted in favor of Sweden's membership bid. Hungary's parliament has the motion on Finland and Sweden's NATO membership on its agenda, but no date is set as lawmakers return after a summer recess. Russia, which calls its actions in Ukraine "a special military operation", sees the entry of Finland and Sweden as a destabilising move.
Putin announced a partial mobilization last week, meaning more Russian troops going to Ukraine. Some are paying up to $27,000 to escape on private jets, The Guardian reported. Companies that offer private jet flights have reported a sharp increase in requests for one-way flights out of Russia, according to The Guardian. Many European countries say they will not allow Russians fleeing mobilization to enter, and many had already blocked Russian tourists. "All the European private jet firms have left the market.
Oracle has settled with the Securities and Exchange Commission after it was charged with violating the Foreign Corrupt Practices Act for a second time, the SEC announced Tuesday. The SEC said Oracle violated provisions of the act between 2016 and 2019 when its subsidiaries in India, Turkey and the United Arab Emirates created slush funds used to bribe foreign officials. Oracle's subsidiaries also used the funds to pay foreign officials to attend technology conferences, according to the SEC. The company did not admit to or deny the SEC's findings, and it will pay more than $23 million to settle the charges. The company also settled charges in 2012 after Oracle India created millions of dollars of side funds, the SEC said.
This is the first time Amazon is hosting Prime Day twice in one year, but it’s not the first time Prime Day has been scheduled for October. Because you know another one will be around the corner soon enough.”Do I need a Prime membership to get Amazon Prime Day discounts? July 2022 Prime Day bestsellersEvery year, Amazon announces bestselling Prime Day products worldwide as well as in select countries. One of the biggest differences between July’s Prime Day and October’s Prime Day is consumer mindset. One of the biggest differences between July’s Prime Day and October’s Prime Day is consumer mindset.
In Syrian north, women protest over death of Iran's Amini
  + stars: | 2022-09-26 | by ( ) www.reuters.com   time to read: +3 min
Mahsa Amini, 22, died earlier this month after being arrested in Tehran by police enforcing the Islamic Republic's strict restrictions on women's dress. Her death has touched off Iran's biggest unrest since 2019. Protesters held aloft pictures of Amini as they marched through a street in the northeastern Syrian city of Qamishli. 1/5 Women burn headscarves during a protest over the death of 22-year-old Kurdish woman Mahsa Amini in Iran, in the Kurdish-controlled city of Qamishli, northeastern Syria September 26, 2022. The Kurdish ethnic minority live mostly in a region straddling the borders of Armenia, Iraq, Iran, Syria and Turkey.
After Russian President Vladimir Putin announced a "partial mobilization" into Ukraine, some men are fleeing to avoid the draft. The Russian Ministry of Defense said some men in certain white-collar jobs will not be drafted. Sign up for our newsletter to receive our top stories based on your reading preferences — delivered daily to your inbox. Putin announced last week the "partial mobilization" of 300,000 military reservists to continue fighting in Ukraine. Forbes Russia reported that The Association of Software Developers in Russia sent an appeal to the Ministry of Digital Transformation for IT employees to be exempted from the war draft.
Called the "Prime Early Access Sale," the two-day sales event will feature early access to holiday deals. The Prime Early Access Sale is only available to current Amazon Prime subscribers. It's called "Prime Early Access Sale," and it will run from October 11 to October 12. We also expect some early deals leading up to the Prime Early Access Sale. Like Prime Day, the Prime Early Access Sale is exclusively available to Amazon Prime subscribers.
As thousands of Russians try to flee the country to escape the partial mobilization of civilians into the military, Ukraine’s president late Friday urged those who are conscripted to “sabotage any enemy activity.”Addressing Ukrainians in Russian-occupied regions, Volodymyr Zelenskyy said in a video address that his countrymen should “hide” from mobilization and “avoid summons” of military commanders. His comments came three days after Russian President Vladimir Putin announced a partial mobilization of reservists. One woman, 23, said she booked seats on a flight to Kyrgyzstan with her husband, 24, an hour after Putin made his mobilization announcement. NBC News agreed not to name the couple because they fear repercussions by Russian authorities for speaking to foreign media. After crossing into Georgia, he told The Associated Press that he did "not very much like," what Russia was doing in Ukraine.
The crown prince of Saudi Arabia, Russian oligarch Roman Abramovich , and a jet-set Ukrainian negotiator played key roles in months of talks that led to the release of more than 250 prisoners by Russia and Ukraine this week in a broader deal involving Turkey, according to U.S. and Saudi officials and others familiar with the negotiations. Mr. Abramovich personally accompanied 10 prisoners, including British and American detainees captured by Russia in Ukraine, on a private jet that took them to Riyadh, Saudi Arabia, from Russia earlier this week, Saudi officials said. Other people familiar with the situation confirmed Mr. Abramovich’s involvement.
Egypt to apply to host 2036 Olympic Games
  + stars: | 2022-09-24 | by ( ) www.reuters.com   time to read: +1 min
Register now for FREE unlimited access to Reuters.com RegisterA view of the city skyline and River Nile from Cairo tower building in the capital of Cairo, Egypt December 5, 2019. REUTERS/Amr Abdallah DalshCAIRO, Sept 24 (Reuters) - Egypt will apply to host the Summer Olympic Games in 2036, the Egyptian youth and sports minister said in a statement on Saturday, a bid that if successful would make it the first Arab or African nation to host the event. Egyptian President Abdel Fattah Al-Sisi gave the green light to apply, Minister Ashraf Sobhi added during a reception for International Olympic Committee President Thomas Bach in Cairo. The summer Olympics will be held in Paris in 2024, followed by Los Angeles in 2028 and Brisbane, Australia in 2032. Register now for FREE unlimited access to Reuters.com RegisterReporting By Osama Khairy and Moaz Abd-Alaziz Editing by Peter GraffOur Standards: The Thomson Reuters Trust Principles.
The Sierra Leone-flagged cargo ship Razoni, carrying Ukrainian grain, is seen in the Black Sea off Kilyos, near Istanbul, Turkey August 3, 2022. The ministry said eight ships with 131,300 tonnes of agricultural products are due to leave Ukrainian Black Sea ports on Saturday. Ukraine's grain exports slumped after Russia invaded the country on Feb. 24 and blockaded its Black Sea ports, driving up global food prices and prompting fears of shortages in Africa and the Middle East. Ukraine, a global major grain producer and exporter, shipped up to 6 million tonnes of grain per month before the war. Three Black Sea ports were reopened under a deal signed on July 22 by Moscow and Kyiv and the ministry has said these ports are able to load and send abroad 100-150 cargo ships per month.
Saudi crown prince meets with Turkish officials- SPA
  + stars: | 2022-09-24 | by ( ) www.reuters.com   time to read: 1 min
Register now for FREE unlimited access to Reuters.com RegisterSaudi Crown Prince Mohammed bin Salman looks on during a signing ceremony at the Maximos Mansion, in Athens, Greece, July 26, 2022. REUTERS/Louiza VradiSept 24 (Reuters) - Saudi Arabia's Crown Prince Mohammed bin Salman met with Turkey's Finance Minister Nureddin Nebati and Ibrahim Kalin, Turkish President Tayyip Erdogan's spokesman and chief foreign policy adviser, in Jeddah on Saturday, Saudi state news agency SPA reported. Turkey is hoping for a currency swap deal with Saudi Arabia, after it established one with the United Arab Emirates earlier this year. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Nayera Abdallah Editing by Peter GraffOur Standards: The Thomson Reuters Trust Principles.
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