Housing crisis in Spain’s cities drives homelessness
MADRID — Francisco Carrillo sobbed with relief as he lay on the bed in his new apartment in Madrid provided by a charity after...
‘Weaponization’ of reserves among top concerns for central banks
CENTRAL BANK reserve managers are increasingly worried about the safety of their currency assets, citing rising geopolitical risk across the world, according to a...
UK economy grew by more than expected in May, helped by house-building
Britain's economic output rose by 0.4% in May, a bigger rise than expected and helped by a jump in housing construction, according to official data that will be welcomed...
Uganda central bank starts buying locally-produced gold to support forex reserves
KAMPALA - Uganda's central bank has begun buying locally-produced gold to bolster its depleted foreign reserves and tackle emerging challenges in international financial markets.
The move could...
China is building two-thirds of new wind and solar globally, report says
BEIJING - Almost two-thirds of big wind and solar plants under construction globally are in China, where surging renewable capacity has squeezed coal's generation share to...
NK balloons, GPS interference raise safety risks for airlines
SEOUL — North Korea’s (NK) trash balloon campaign, missile launches and the emergence of Global Positioning System (GPS) “spoofing” have increased risks in South...
Ukraine will stop Putin, Biden tells NATO
WASHINGTON — US President Joseph R. Biden pledged to forcefully defend Ukraine against Russia’s invasion at the NATO summit in Washington on Tuesday, using...
Thai finance minister says economy not good, with growth worsening
BANGKOK — Thailand’s economy has not been good for a long time, with growth deteriorating as it faces structural problems, the finance minister said...
A big fat Indian wedding for the Ambani family to snarl Mumbai traffic
MUMBAI — When the son of Asia’s richest person Mukesh Ambani gets married in Mumbai this week, traffic in a key part of the...
US Justice Department says it disrupted Russian social media influence operation
WASHINGTON — The US Justice Department said on Tuesday that it disrupted a Russian operation that used fake social media accounts enhanced by artificial...
Ukraine’s Zelenskiy says can’t predict Trump’s actions if elected
WASHINGTON - Ukrainian President Volodymyr Zelenskiy said on Tuesday he could not predict what Donald Trump would do if he regains the US presidency in November,...
Chinese carrier passes close to Philippines on way to Pacific drills, Taiwan says
TAIPEI - Chinese aircraft carrier the Shandong passed close to the northern Philippines on its way to drills in the Pacific, Taiwan's defense minister said on Wednesday, as Taipei reported dozens of warplanes...