A massive Russian strike on Ukraine relied on Western technology, President Volodymyr Zelenskyy said, claiming that more than 100,000 foreign-made components were found in the drones and missiles used in the overnight attack. He said that Russia fired 496 strike drones and 53 missiles at Ukraine on Sunday night, and there were 102,785 foreign components…
The global economy is holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but the head of the International Monetary Fund says that resilience may not last. “Buckle up,” Managing Director Kristalina Georgieva said in a speech at a think tank Wednesday. “Uncertainty is the new normal and it is…
Gold (GC=F) climbed to new records on Wednesday as silver (SI=F) and bitcoin (BTC-USD) continued a run higher. Investors are looking for hedges against mounting government debt and a broader shift away from fiat currencies toward what some analysts have dubbed the “debasement trade.” Gold futures blew past $4,060 per troy ounce to touch a…
BERLIN (AP) — Investigators said Wednesday that the newly elected mayor of a German town who was found at her home with stab wounds apparently was attacked by her teenage daughter, and that her life is no longer in danger. Iris Stalzer, 57, was elected as the mayor of Herdecke in western Germany on Sept….
BOSTON (AP) — Joan B. Kennedy, the former wife of Sen. Edward M. Kennedy who endured a long and troubled marriage marked by family tragedies, her husband’s infidelities and her own struggles with alcoholism and mental health, died on Wednesday. She was 89. The former Joan Bennett was a model and classically-trained pianist when married…
MEXICO CITY (AP) — Jasmín Ordóñez looks out from a wooden boat at the water as she crosses a narrow channel that connects a labyrinth of chinampas, island farms that were built by the Aztecs thousands of years ago. “Let’s close our eyes and ask our Mother Water for permission to sail in peace,” she…
Verizon has signed a deal to provide cellular service from space through AST SpaceMobile beginning next year. Shares of AST SpaceMobile, a space-based cellular broadband network, soared more than 10% before the market opened Wednesday. SpaceMobile’s network is designed to operate across premium low-band spectrum, its own licensed L-band and S-band spectrum, and up to…
NEW DELHI (AP) — India’s Prime Minister Narendra Modi on Wednesday inaugurated a new international airport in the financial capital Mumbai, marking a step forward in expansion of the country’s fast-growing aviation network. Built by business conglomerate Adani Group at an estimated cost of $2.2 billion, the first phase of Navi Mumbai International Airport is…
By David Milliken and Phoebe Seers LONDON (Reuters) -Global financial markets could tumble if investors’ mood sours on the prospects for artificial intelligence or the independence of the U.S. Federal Reserve, the Bank of England warned on Wednesday. The BoE said share price valuations on U.S. stock markets were similar to those seen near the…
BAGHDAD (Reuters) -Iraq and Exxon Mobil will sign an agreement on Wednesday for the management, development and operation of the Majnoon oilfield in southern Iraq, marking the oil major’s return to the country after a two-year hiatus, four Iraqi official sources told Reuters. The agreement will include upgrading Iraqi oil export infrastructure in the south,…