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☆ One Killed in Russian Missile Strike on East Ukraine Town
▼ + stars: | 2023-11-15 | by ( Nov. | At A.M. | ) www.usnews.com time to read: 1 min

KYIV (Reuters) - At least one person was killed in an overnight Russian missile strike that hit an apartment building in eastern Ukraine, authorities said on Wednesday. Five others, including a child, were rescued but at least one person is believed to be trapped under the rubble, Interior Minister Ihor Klymenko said on the Telegram messaging app. The attack on the town of Selydove, northwest of the Russian-occupied city of Donetsk, heavily damaged a four-storey building, Klymenko said. Russia has carried out regular missile and drone strikes on population centres behind the front line of its 21-month-old full-scale invasion of Ukraine. (Reporting by Dan Peleschuk; editing by Christina Fincher)

Persons: Ihor Klymenko, Klymenko, Dan Peleschuk, Christina Fincher Organizations: Russian Locations: Ukraine, Selydove, Russian, Donetsk, Russia

☆ Iceland shields geothermal plant from risk of volcanic eruption
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

[1/3] Streetworks continue, after cracks emerged on a road due to volcanic activity near Grindavik, Iceland obtained by Reuters on November 14, 2023. Iceland's Justice Minister Gudrun Hafsteinsdottir told state broadcaster RUV that a large dike has been designed to protect the Svartsengi geothermal power plant, located just over six kilometers from Grindavik. A spokesperson for HS Orka, operator of the power plant, told Reuters that the plant supplies power to the entire country although a disruption would not impact power supply to the capital Reykjavik. Seismic activity in southwestern Iceland decreased in size and intensity on Monday, but the risk of a volcanic eruption remained significant, the Icelandic Meteorological Office said in a statement. As of late Monday evening, the volcanic hazard assessment in and around Grindavik was unchanged from Sunday.

Persons: Gudrun Hafsteinsdottir, Louise Breusch Rasmussen, Johannes Gotfredsen, Jacob Gronholt, Pedersen, Christina Fincher Organizations: Reuters, Administration, Facebook, REUTERS Acquire, Rights, Iceland's, RUV, HS, Icelandic Meteorological Office, Thomson Locations: Grindavik, Iceland, Reykjavik, Icelandic

☆ Israeli hostage families start 5-day march on Netanyahu's home
▼ + stars: | 2023-11-14 | by ( Joseph Campbell | ) www.reuters.com time to read: +3 min

Hamas fighters took around 240 people hostage during their Oct. 7 attack on southern Israel. Medical officials say more than 11,100 Palestinians, around 40 % of them children, have died as a result of Israeli strikes. The Israeli military on Tuesday confirmed the death of a captive soldier, who Hamas said was killed in an Israeli strike. The Tel Aviv marchers will end their protest on Saturday in front of Netanyahu's residence in Jerusalem, some 65 km (40 miles) away. Reporting by Joseph Campbell in Tel Aviv and Dan Williams in Jerusalem; Writing by Crispian Balmer; Editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Benjamin Netanyahu, Shelly Shem Tov, Omer, Israel, Netanyahu, Amit Zach, Adina Moshe, it's, Joseph Campbell, Dan Williams, Crispian Balmer, Christina Fincher Organizations: Palestinian, Gaza, NBC, Hamas, Tel, Thomson Locations: Tel Aviv, Jerusalem, TEL AVIV, Israel, Gaza

"I was five years old and I remember being displaced. I swear it's the same as what's happening today," said Awad, sitting outside her tent on a patch of sand. Every few years they bring a new Nakba on us," said Awad, breaking down in tears. Let them throw us in the sea, then they can rest without Gaza and the poor Palestinian people," she said. Most people in Gaza are registered as refugees, after they or their ancestors fled their homes in 1948.

Persons: Abla Awad, war's Nakba, Khan Younis, KHAN YOUNIS, Israel, Awad, Benjamin Netanyahu's, Bezalel Smotrich, Estelle Shirbon, Christina Fincher Organizations: Hamas, United, Israeli, Thomson Locations: Gaza, Israel, Khan, United Nations, Palestinian

☆ Displaced as a Girl and Again in Old Age, Palestinian Grandmother Relives the Nakba
▼ + stars: | 2023-11-14 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +3 min

Persons: Nidal, Mughrabi KHAN YOUNIS, Abla Awad, Israel, Khan Younis, Awad, Benjamin Netanyahu's, Bezalel Smotrich, Estelle Shirbon, Christina Fincher Organizations: Hamas, United, Israeli Locations: Gaza, Israel, Khan, United Nations, Palestinian

☆ Morning Bid: Murky US inflation picture
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +6 min

According to consensus forecasts at least, U.S. headline inflation is expected to have retreated sharply again in October back toward midyear lows around 3.3%. But underlying 'core' inflation is expected to stay stickier at an unchanged annual rate of 4.1% last month and still more than twice the Fed's target. But the Fed may want to hang tough long enough into a slowing economy to ensure that inflation is squeezed back to its 2% goal. And perhaps the negative tilt on October core inflation going into today's release leaves more room for a positive surprise. The International Energy Agency on Tuesday raised its oil demand growth forecasts for this year and next despite the weakening economic picture.

Persons: Lucas Jackson, Mike Dolan, Goldman Sachs, Xi Jinping, Joe Biden, Biden, Xi, Shunichi Suzuki, Philip Jefferson, Loretta Mester, Austan Goolsbee, Michael Barr, Huw Pill, Christina Fincher Organizations: New York Stock Exchange, REUTERS, New, Bank of America's, Treasury, International Energy Agency, U.S, Economic Cooperation, Reuters, Bank of Japan, Japan's Finance, Home, Federal, Cleveland Fed, Chicago Fed, Banking, Housing, Urban Affairs, Bank of England, Thomson Locations: New York, U.S, California, San Francisco, Asia, China, Japan, Teck, United States

☆ Parisians lose enthusiasm ahead of Summer Olympics - poll
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

The logo of the Paris 2024 Olympics and Paralympics Games is seen on the Pulse building, the headquarters of the Paris 2024 Olympics organizing committee, as a police search is currently underway, in Saint-Denis near Paris, France, June 20, 2023. Some 44% of Paris region residents expressed a negative opinion while 65% of French residents said having the Olympics in Paris from July 26-Aug. 11 was a 'good thing', the Odoxa poll for Winamax and RTL showed. Some 1,207 Paris region residents, and 1,005 French residents were polled. Two years ago, only 22% of Parisians had a negative opinion of the Paris Olympics while more than half of them are now considering leaving the region for the duration of the event. By contrast, 64% of Parisians are confident that the opening ceremony on the Seine river will be a success.

Persons: Denis, Stephanie Lecocq, Julien Pretot, Christina Fincher Organizations: Paralympics, REUTERS, Rights, Winamax, RTL, Paris, Thomson Locations: Saint, Paris, France

☆ U.S. Treasury yields have peaked, say strategists for fourth straight month
▼ + stars: | 2023-11-14 | by ( Sarupya Ganguly | ) www.reuters.com time to read: +4 min

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsBENGALURU, Nov 14 (Reuters) - U.S. Treasury yields will fall in coming months, though not as sharply as forecast previously, according to bond strategists polled by Reuters, who said for a fourth month running in even greater numbers that the 10-year note yield had peaked. The benchmark 10-year Treasury note yield breached the 5% mark last month for the first time since July 2007, more than a full percentage point above its August low of 3.96%. Yet, when asked whether the 10-year note yield had peaked in the current cycle, an overwhelming 94% majority of respondents, 30 of 32, said it had. The interest-rate sensitive 2-year Treasury note yield , currently at 5.04%, was expected to decline about 20 basis points by end-January, before falling to 4.00% in a year, according to the survey. If realized, this would mean a complete reversal of the inverted spread between yields of U.S. 2-year and 10-year Treasury notes - historically a reliable indicator of impending recession - by end-October 2024.

Persons: Dado Ruvic, Thomas Simons, Mike Sanders, Sarupya Ganguly, Prerana Bhat, Purujit Arun, Anitta Sunil, Sujith Pai, Christina Fincher Organizations: REUTERS, Rights, Treasury, Reuters, Federal Reserve, Hamas, Jefferies, Madison Investments, Thomson Locations: U.S, Israel

☆ EU foreign policy chief Borrell makes proposals for post-war Gaza
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

Speaking to reporters after an EU foreign ministers' meeting in Brussels, he presented his proposals as saying "no" to three things and "yes" to three others. He should there should be "a Palestinian authority," which he suggested could be a "reinforced" version of the current Palestinian Authority that runs the West Bank, "with a legitimacy to be defined and decided upon by the (U.N.) Security Council". He said Arab countries would have to be more strongly involved in supporting this Palestinian Authority and that the EU should also be more involved in the region, particularly in building a Palestinian state. "There will be no solution without strong commitment from the Arab states, and that cannot be limited to money. We have delegated the solution of this problem to the United States," Borrell said.

Persons: Josep Borrell, Defence Margarita Robles, Isabel Infantes, Borrell, Andrew Gray, Christina Fincher Organizations: EU, Representative, Foreign Affairs, Defence, REUTERS, Rights, Union, Palestinian Authority, West Bank, Security, Thomson Locations: Toledo, Spain, Rights BRUSSELS, Gaza, Israel, Palestinian, Brussels, United States, Europe

☆ Turkey calls for international conference to reach permanent peace in Middle East
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +3 min

Turkey's President Tayyip Erdogan arrives to attend Organisation of Islamic Cooperation (OIC) summit in Riyadh, Saudi Arabia, November, 11, 2023. Saudi Press Agency/Handout via REUTERS Acquire Licensing RightsANKARA, Nov 11 (Reuters) - Turkey's President Tayyip Erdogan said on Saturday that an international peace conference should be convened to find a permanent solution to the conflict between Israel and the Palestinians. Erdogan was addressing a joint Islamic-Arab summit in Saudi Arabia's capital Riyadh, where leaders gathered to urge Israel to end hostilities in Gaza. A permanent solution to the conflict between Israel and Palestinians depends on the formation of a Palestinian state based on 1967 borders, Erdogan said. "We believe that an international peace conference will provide the most suitable basis for this.

Persons: Tayyip Erdogan, Erdogan, Saudi Arabia's Crown Prince Mohammed bin Salman, Abdel Fattah al, Sisi, Israel, Amihay Eliyahu's, Benjamin Netanyahu, Eliyahu, Huseyin Hayatsever, Kirsten Donovan, Christina Fincher Organizations: Islamic Cooperation, Saudi Press Agency, Handout, REUTERS Acquire, Rights, Saudi Arabia's Crown, Israel's, International Atomic Energy Agency, Federation of American, Thomson Locations: Riyadh, Saudi Arabia, Rights ANKARA, Israel, Saudi Arabia's, Gaza, Turkey, United States, Britain, Palestinian

☆ German foreign minister, in Israel, says humanitarian crisis must be contained
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +2 min

[1/2] German Foreign Minister Annalena Baerbock's holds a press conference in Tel Aviv, Israel November 11, 2023, in this still image taken from a video. The trip has taken Baerbock to the United Arab Emirates and Saudi Arabia. It was unclear how Israel in case of a general ceasefire would be able to defend itself, Baerbock said. The Middle East has been on edge since Hamas fighters rampaged into Israel on Oct. 7, killing 1,200 people. "I have assured my colleague Eli Cohen of Germany's unshakable solidarity with Israel," Baerbock said.

Persons: Annalena Baerbock's, Joseph Campbell, Annalena Baerbock, Eli Cohen, Baerbock, rampaged, Germany's, Vera Eckert, Christina Fincher Organizations: REUTERS, Rights, West Bank, European Union, United Arab, Reuters, Thomson Locations: Tel Aviv, Israel, Gaza, East, Brussels, United Arab Emirates, Saudi Arabia, Ramallah, West Bank . Saudi Arabia

☆ German Foreign Minister, in Israel, Says Humanitarian Crisis Must Be Contained
▼ + stars: | 2023-11-11 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

FRANKFURT (Reuters) - German Foreign Minister Annalena Baerbock said on Saturday in Tel Aviv that the international community should focus on limiting the impact of military operations in Gaza on the civilian population. Saudi Arabia and other Muslim countries called on Saturday for an immediate end to military operations in Gaza, rejecting Israel's justification of its actions against Palestinians as self-defence. It was unclear how Israel in case of a general ceasefire would be able to defend itself, Baerbock said. The Middle East has been on edge since Hamas fighters rampaged into Israel on Oct. 7, killing 1,200 people. "I have assured my colleague Eli Cohen of Germany's unshakable solidarity with Israel," Baerbock said.

Persons: Annalena Baerbock, Eli Cohen, Baerbock, rampaged, Germany's, Vera Eckert, Christina Fincher Organizations: West Bank, European Union, United Arab, Reuters Locations: FRANKFURT, Tel Aviv, Gaza, East, Israel, Brussels, United Arab Emirates, Saudi Arabia, Ramallah, West Bank . Saudi Arabia

☆ Britain's King Charles, PM Sunak to lead remembrance services after day of protests
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +2 min

Britain's King Charles shakes hands with Prime Minister Rishi Sunak at the Commonwealth Heads of Government Leaders Meeting at Marlborough House on May 05, 2023 in London, England. Chris Jackson/Pool via REUTERS/File Photo Acquire Licensing RightsLONDON, Nov 11 (Reuters) - King Charles and Prime Minister Rishi Sunak will lead remembrance services for Britain's war dead on Sunday, seeking to unify communities following a day of protests in London on Saturday, when police clashed with far-right groups. Prime Minister Rishi Sunak had said it was disrespectful to hold the rally on Armistice Day, and hundreds of counter-protesters from far-right groups showed up to oppose it, clashing with police, and resulting in over 90 arrests. Sunak condemned the scenes of violence in a statement on Saturday and said the event should be about unity. The government said veterans of Britain's nuclear testing programme would be awarded new medals to recognise their special service.

Persons: Britain's, Charles, Rishi Sunak, Chris Jackson, King Charles, Sunak, Sarah Young, Christina Fincher Organizations: Commonwealth, of Government, Marlborough House, Thomson Locations: London, England, Gaza, Israel

☆ Iceland evacuates town over concerns of volcanic eruption
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +2 min

Lava spurts and flows after the eruption of a volcano in the Reykjanes Peninsula, Iceland, July 12, 2023, as seen in this handout picture taken from a Coast Guard helicopter. Civil Protection of Iceland/Handout via REUTERS Acquire Licensing RightsCOPENHAGEN, Nov 11 (Reuters) - Icelandic authorities have completed the evacuation of 3,000 residents of a town in the southwest of the island over concerns of a volcanic eruption after a series of earthquakes and evidence of magma spreading underground. The chance of an eruption has increased significantly," Thorvaldur Thordarson, professor of volcanology at the University of Iceland, told state broadcaster RUV. Reykjanes is a volcanic and seismic hot spot southwest of the capital Reykjavik. In August 2022, a three-week eruption happened in the same area, followed by another in July of this year.

Persons: Thordarson, Jacob Gronholt, Pedersen, Louise Rasmussen, David Holmes, Christina Fincher Organizations: Coast Guard, REUTERS Acquire, Rights, Icelandic Meteorological, University of Iceland, RUV, Civil Protection Agency, Thomson Locations: Iceland, Handout, Grindavik, Reykjavik, Copenhagen

☆ Three Bangladeshi tourists die in houseboat fire in India's Kashmir
▼ + stars: | 2023-11-11 | by ( Rupam Jain | ) www.reuters.com time to read: +1 min

SRINAGAR, India Nov 11 (Reuters) - Three Bangladeshi tourists died in India's Kashmir region when some of the houseboats stationed in the picturesque Dal lake caught fire on Saturday, a police official said. "Three tourists Bangladeshi nationals were killed in one of the five houseboats destroyed due to fire," the police official said, adding that seven others were injured. Government figures show the Jammu and Kashmir region received over 16.2 million tourists in 2022, a record high since British colonial rule ended in 1947. The area is known for its snow-topped Himalayan mountains, fast-flowing rivers, meadows and wooden houseboats around beautiful lakes. Hindu-majority India has been fighting a decades-long separatist Islamist insurgency in Kashmir, which is also claimed by neighbouring Pakistan.

Persons: Narendra Modi's, Fayaz Bukhari, Rupam Jain, Christina Fincher Organizations: Police, Thomson Locations: SRINAGAR, India, India's Kashmir, Dal, Jammu, Kashmir, Pakistan

☆ Hungary's Orban says EU must not start membership talks with Ukraine
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +2 min

Hungarian Prime Minister Viktor Orban looks on as he attends a European Union leaders summit in Brussels, Belgium October 27, 2023. REUTERS/Johanna Geron/File Photo Acquire Licensing RightsBUDAPEST, Nov 10 (Reuters) - The EU must not start membership talks with Ukraine, Prime Minister Viktor Orban told state radio on Friday, stressing this was Hungary's "clear stance" on the issue. EU countries' leaders are due to decide in mid-December on whether to accept the Commission's recommendation to invite Kyiv to begin membership talks as soon as it meets final conditions. "Membership talks must not be started, this is the clear Hungarian stance," Orban said, adding that Brussels "owed Hungary money." Investors have been eyeing Budapest's talks with Brussels over the EU funds very closely.

Persons: Viktor Orban, Johanna Geron, Nationalist Orban, Orban, Budapest's, Krisztina, Jason Neely, Christina Fincher Organizations: European Union, REUTERS, Rights, EU, European Commission, Thomson Locations: Brussels, Belgium, EU, Ukraine, Hungary, Budapest

☆ Philippines denounces China for 'unprovoked acts of coercion' to block resupply mission
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Damir Sagolj/File Photo Acquire Licensing RightsMANILA/BEIJING, Nov 10 (Reuters) - The Philippines on Friday condemned China's coast guard for "unprovoked acts of coercion and dangerous manoeuvres," including its use of a water cannon against one of its boats in an attempt to disrupt a resupply mission in the South China Sea. China's coast guard said two small Philippine transport ships and three coast guard ships entered the waters without the permission of the Chinese government and urged the Philippines to stop infringing on Beijing's sovereignty. Japanese Prime Minister Fumio Kishida said during his visit to Manila on Saturday that his country, the Philippines and the United States were cooperating to protect the freedom of the South China Sea. China's use of water cannons followed a series of incidents in the South China Sea, including the collisions between China's vessels and two Manila ships on Oct. 22. The Philippines accused China coastguard of "intentionally" colliding with its vessels.

Persons: Carlos Dominguez, Gao Hucheng, Damir Sagolj, Thomas, Thomas Shoal, Wang Wenbin, Fumio Kishida, Neil Jerome Morales, Bernard Orr, Christopher Cushing, Gerry Doyle, Christina Fincher Organizations: Philippine, China's, REUTERS, South China, Official Development, China coastguard, Beijing, Thomson Locations: Beijing, China, MANILA, BEIJING, Philippines, China's, South China, South, Manila, Ayungin, Philippine, Thomas Shoal, United States, Japan, Japanese, Washington, Hague

☆ Estonia Says Chinese Ship Is Main Focus of Probe Into Cables Damage
▼ + stars: | 2023-11-10 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +3 min

By Andrius Sytas and Essi LehtoVILNIUS/HELSINKI (Reuters) - Estonian prosecutors said on Friday the Hong Kong-registered NewNew Polar Bear container ship was the main focus of their investigations into the damage of two subsea telecoms cables last month. It is the first time Estonia has said it was the primary scenario it was investigating. NewNew Shipping, the owner and operator of the NewNew Polar Bear, has previously declined to comment when contacted by Reuters. Estonia's prosecutor general said on Friday the main lead they were following was that "damage to the telecom cables between Estonia and Finland and Estonia and Sweden is connected to the vessel Newnew Polar Bear flying the flag of Hong Kong". Reuters has reported that two vessels, the NewNew Polar Bear and the Russia-flagged Sevmorput, were present near the cables and pipeline around the time of the damage, according to data from MarineTraffic, a ship-tracking and maritime analytics provider.

Persons: Andrius Sytas, Triinu Olev, Risto Lohi, Elina Valtonen, China, Essi, Terje Solsvik, Christina Fincher, Andrew Heavens Organizations: Essi Lehto, NewNew Shipping, Reuters, NATO, Finland's Locations: Essi, Essi Lehto VILNIUS, HELSINKI, Hong Kong, Estonia's, Finland, Estonia, China, Baltic, Sweden, Russia, MarineTraffic, Vilnius, Helsinki

☆ Euro zone inflation could tick up in coming months: Lagarde
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +2 min

FRANKFURT, Nov 10 (Reuters) - Euro zone inflation could tick up in the coming months but European Central Bank interest rates held at their current level at least for several quarters could still get price growth back to 2%, ECB President Christine Lagarde said on Friday. "There will be a resurgence of probably higher numbers going forwards and we should be expecting that," Lagarde told a Financial Times event. Still, Lagarde hinted that even if inflation picks up, another rate hike may not be needed. When asked what long enough means, Lagarde said no change should be expected in the "next couple of quarters". Reporting by Balazs Koranyi; editing by Christina Fincher, Tomasz Janowski and David EvansOur Standards: The Thomson Reuters Trust Principles.

Persons: Christine Lagarde, Lagarde, Francois Villeroy de Galhau, Philip Lane, Balazs Koranyi, Christina Fincher, Tomasz Janowski, David Evans Organizations: Central Bank, ECB, Financial, European Union, Thomson Locations: FRANKFURT, French

☆ Dollar rises for third day before Fed Chair Powell speech
▼ + stars: | 2023-11-08 | by ( Samuel Indyk | ) www.reuters.com time to read: +4 min

"The data side has been very quiet so the main drivers have been the hawkish comments from Fed speakers," said ING FX strategist Francesco Pesole. Focus now turns to remarks from Fed Chair Powell later on Wednesday. DARKENING GROWTH OUTLOOKThe euro fell 0.3% to $1.0670, further weighed by a darkening growth outlook in the euro zone. "The mixed outlook for consumer and investment spending leaves the euro zone very close to recession," said Wells Fargo economist Nick Bennenbroek. "Regardless of whether the euro zone falls into recession, we see enough growth headwinds to suggest that the European Central Bank's monetary tightening is done."

Persons: Dado Ruvic, Jerome Powell, Francesco Pesole, They've, Powell, Matt Simpson, Wells, Nick Bennenbroek, ING's Pesole, Luci Ellis, Samuel Indyk, Rae Wee, Lincoln, Christina Fincher, Alex Richardson Organizations: REUTERS, Reserve, U.S, ING, Central, Reserve Bank of Australia, Thomson

☆ Albania to host no more than 3,000 migrants under deal with Italy
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +2 min

An Italian Coast Guard vessel carrying migrants rescued at sea passes near a tourist boat, on the Sicilian island of Lampedusa, Italy, September 18, 2023. The figure compares with the more than 145,000 sea migrants who have arrived in Italy so far this year, a sharp increase from 2022 which Prime Minister Giorgia Meloni's right-wing government is keen to contain. Announcing the deal with Albania on Monday, Meloni said as many as 36,000 migrants per year could pass through the Albanian camps, but hitting this target depends on how quickly Italy can process asylum applications. The protocol states that Italy will shield Albania from any costs from legal action against the initiative. The facilities are more than 1,000 kilometres from Lampedusa, the island where most Italy-bound sea migrants currently land.

Persons: Yara, Giorgia Meloni's, Meloni, repatriating, Alvise, Christina Fincher Organizations: Italian Coast Guard, REUTERS, Rights, Amnesty International, Reuters, Thomson Locations: Lampedusa, Italy, Albania, EU, Shëngjin

A damaged Balticconnector gas pipeline that connects Finland and Estonia is pictured in this undated handout picture in the Baltic Sea. "They (China) have promised full cooperation and we trust it," Finnish Foreign Minister Elina Valtonen told Reuters on the sidelines of a news conference in Helsinki. Two telecoms cables linking Estonia to Finland and Sweden were damaged on the same night between Oct.7-8, authorities said last month, and Russia's Rostelecom (RTKM.MM) on Tuesday revealed that one of its fibre optic cables had also been hit. Data from shipping intelligence firm MarineTraffic, reviewed by Reuters, showed that the NewNew Polar Bear passed over the pipeline and the telecoms cables in the space of less than nine hours. NewNew Shipping, the owner and operator of the NewNew Polar Bear, has previously declined to comment when contacted by Reuters.

Persons: China, Elina Valtonen, Russia's, Valtonen, Anne Kauranen, Simon Johnson, Anna Ringstrom, Terje Solsvik, Christina Fincher Organizations: Finnish Border Guard, REUTERS, Rights, Wednesday, Hong, Reuters, NewNew Shipping, Thomson Locations: Finland, Estonia, Baltic, Hong Kong, China, Helsinki, Sweden, Russia, Moscow, Ukraine, Stockholm

☆ Russian oil shaves India's import costs by about $2.7 billion
▼ + stars: | 2023-11-08 | by ( Nidhi Verma | ) www.reuters.com time to read: +3 min

Crude oil accounts for about a third of India's overall imports by value. Access to cheap Russian oil enabled India to cut imports from the Middle East, where prices strengthened following Saudi Arabia's voluntary additional supply cuts since July. India imported 69.06 million metric tons of Russian oil, equivalent to 1.85 million barrels per day (bpd), between January and September, commerce ministry data showed, including Russian oil imported from South Korea, Greece and Spain through transshipments. The average price for Russian oil delivered to Indian refiners was $525.60 per ton during that period, including shipping and insurance costs, Reuters calculations based on ministry data showed. Discounted Russian oil cuts India's crude import billIndia saved at least $2 billion in buying discounted Russian oilBy importing Russian oil, Indian refiners benefit from lower feedstock costs, which have buoyed gross refining margins and curtailed revenue loss from subsidised retail fuel sales.

Persons: Dado Ruvic, India doesn't, Nidhi Verma, Florence Tan, Tony Munroe, Christina Fincher Organizations: REUTERS, Saudi, Iraq, Saudi Arabia, Thomson Locations: DELHI, India, Europe, Moscow, Ukraine, South Korea, Greece, Spain, transshipments, Russia, Saudi, Sokol, China

☆ Sberbank CEO expects 'serious cooling' in Russian mortgage market
▼ + stars: | 2023-11-08 | by ( Elena Fabrichnaya | ) www.reuters.com time to read: +2 min

REUTERS/Maxim Shemetov/File photo Acquire Licensing RightsMOSCOW, Nov 8 (Reuters) - Russia's biggest bank Sberbank (SBER.MM) expects a sharp cooling of the mortgage market following an expected 80% rise in mortgage lending this year, CEO German Gref said on Wednesday. Gref said the bank's mortgage issuance for the whole of 2023 was expected to reach 4.6 trillion roubles ($50.1 billion). VTB, Russia's number two bank, expects mortgage loans across the entire sector to total 7.2 trillion roubles this year, falling to between 5 and 5.5 trillion roubles in 2024. Vyacheslav Dusaleyev, head of retail business at Rosbank, gave corresponding forecasts of 7.3 trillion roubles this year and 5 trillion next year. Mortgage demand has remained buoyant in part because of the wide range of preferential offers available, according to the central bank.

Persons: Maxim, Gref, Sberbank, Vyacheslav Dusaleyev, Olga Polyakova, Elena Fabrichnaya, Mark Trevelyan, Christina Fincher Organizations: St ., Economic, REUTERS, Rights, Mortgage, Thomson Locations: St, St . Petersburg, Saint Petersburg, Russia, Moscow, Rosbank

☆ Gaza Activist on Speaking Tour in France Faces Deportation
▼ + stars: | 2023-11-08 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

PARIS (Reuters) - A French court has approved the deportation of Palestinian activist Mariam Abudaqa, who came to France for a speaking tour in September and was put under house arrest after the Oct. 7 attack on Israel by Hamas militants. More than 10,000 people have been killed in Gaza by Israel's retaliatory assault on the enclave. "We are supposed to die without even saying ouch, without expressing pain," said Abudaqa of her arrest and speaking ban on Tuesday before the court decision came. The Conseil d'Etat, France's highest administrative court, based its ruling on Abudaqa's membership of the PFLP, stating that she occupies a "leadership" position. The court ruling does not specify by what date Abudaqa must leave and where she must go.

Persons: Mariam Abudaqa, overturns, Liberation of, Abudaqa, Pierre Stambul, hadn't, Layli Foroudi, Antonia Cimini, Christina Fincher Organizations: PARIS, Hamas, Popular Front, Liberation, Liberation of Palestine, Palestine, PFLP, Palestinian Liberation Organisation, PLO, UN, EU, Union of Locations: France, Israel, Palestine, Gaza, Union of French, Peace, Egypt

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