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Results for “east”

Trump’s troubles with Iran could open the door to China

Beijing launches diplomatic salvo to woo Gulf leaders and bolster its influence in the region China has held a flurry of meetings with Gulf leaders in a sign that Beijing is stepping up its diplomatic efforts in the Middle East. The diplomatic salvo comes before a highly anticipated meeting between Donald Trump and Xi Jinping when the US president is expected to attend the Apec conference in Shenzhen, China, on 18 and 19 November. Continue reading...

The Guardian · 7h ago
Asian Cup postponed due to Middle East conflict

The Asian Cup has become the latest sporting event to be affected by the ongoing conflict in the Middle East. Organizers cite "exceptional circumstances" in Saudi Arabia, which has seen several Houthi attacks of late.

Deutsche Welle · 8h ago
RBA interest rates: Reserve Bank hikes cash rate for fifth time this year in blow to mortgage holders

Reserve Bank of Australia increases official cash rate to 4.85%, bringing it to highest level since 2008 RBA interest rates live updates: Reserve Bank cash rate decision Get our daily political email , free app or daily news podcast The Reserve Bank has hiked rates for the fifth time this year, from 4.6% to 4.85%, in an attempt to regain control of surging inflation amid an ongoing global oil shock triggered by the war in the Middle East. The RBA’s decision to hit mortgage holders again is no surprise after inflation jumped to 4.3% in the year to September and comes following tough talk from senior central bank officials over recent days and weeks. Continue reading...

The Guardian · 16h ago
Trump promised 'no more wars'. His foreign policy tells another story

Donald Trump promised an “America First” foreign policy and pledged to keep the US out of foreign wars. But since returning to the White House, his administration has been deeply involved in conflicts around the world. From the war in Ukraine and threats to Greenland and Canada, to the US intervention in Venezuela, Trump's shifting approach to the Middle East and war with Iran, Vedika Bahl examines his foreign policy record since returning to office.

France 24 · 22h ago
Ryanair considers pay freezes and reducing crew on flights as fuel costs soar

Airline also weighs up increasing use of AI as part of cost-cutting measures to offset impact of Iran war Ryanair is considering cost-cutting measures including implementing pay freezes, reducing crew on flights and increasing the use of AI to offset soaring fuel costs because of the Middle East conflict . Europe’s biggest low-cost carrier said it expects European airlines to raise their ticket prices by as much as 20% , as it anticipates its jet fuel costs will increase by about €2bn (£1.6bn) in its next financial year, which ends in March 2028. Continue reading...

The Guardian · Nov 2
‘Sharper, longer slowdown’ predicted for economy as fifth interest rate hike looms

Australia’s central bank expected to hit mortgage holders again on Tuesday, as war in Middle East combines with collapsing house prices Get our breaking news email , free app or daily news podcast Australia’s economy is set for a “sharper, longer slowdown”, major bank economists say, as the Reserve Bank is forced to keep interest rates higher to rid the nation of persistent inflationary pressures. The RBA is widely expected to hit mortgage holders with a fifth rate hike on Tuesday, in a move that will push the cash rate to its highest since 2008 amid rising worries the economy could even be tipped into recession. Continue reading...

The Guardian · Nov 2
National Grid to site biggest substation on Teesside, near planned AI datacentre

New electricity generating capacity would enable north-east to attract investment for major datacentre projects National Grid has taken a step towards building Britain’s biggest electricity substation on Teesside, which could supply power to a vast neighbouring datacentre, as the UK races to expand its AI infrastructure. Last week the company agreed to purchase 73 acres of land at Dorman Point on a site owned by Teesworks, a local private-public partnership. The deal was first reported by Sky News. Continue reading...

The Guardian · Nov 1
Iran's Khamenei warns US and Israel against new attacks

Iran's Supreme Leader Mojtaba Khamenei warned the United States and Israel on Saturday against further strikes as fears mount over a resumption of fighting in the Middle East. US President Donald Trump and his Israeli ally Benjamin Netanyahu have recently threatened fresh military action on the Islamic republic.

France 24 · Oct 31
Storm warnings for Melbourne, Canberra, Sydney and Brisbane as cold front ‘packs a punch’

BoM predicts hail, damaging winds and possible flash flooding across Victoria, NSW and parts of Queensland into Sunday Get our breaking news email , free app or daily news podcast Storm warnings are in place for multiple capital cities across Australia’s east and south-east as a severe weather front sweeps across the country. Heavy rain, winds and thunderstorms are forecast to hit Melbourne and eastern Victoria throughout Saturday afternoon as a cold front meets warm, humid air. Continue reading...

The Guardian · Oct 31
BP profits hit ‘obscene’ 18-year high as Iran war drives up oil refining margins

Oil giant comes under fire from climate campaigners, as its earnings reach $8.46bn while ‘innocent civilians suffer’ BP’s quarterly profits have been labelled “obscene” after they hit an 18-year high of $8.46bn (£6.3bn), as the war in the Middle East drove up oil and gas prices. The energy company hailed a “banner quarter” on Friday, with its underlying ​replacement ⁠cost profit – a key measure of its income – almost quadrupling in the three months to the end of September, from $2.2bn in the same period ​a year ​ago. The jump meant BP’s quarterly profits hit their highest level since the $8.9bn recorded in 2008 . Continue reading...

The Guardian · Oct 30
India increases growth forecast for fiscal year

India's Ministry of Finance has increased its growth forecasts for the current fiscal year. But it also warned about inflation, particularly for fuel and energy, amid continued instability in the Middle East.

Deutsche Welle · Oct 29
10/28: CBS Evening News

Democrats recruited candidates to influence Alaska Senate race, NYT reports; record-breaking tides batter East and West coasts.

CBS News · Oct 28