Sterling crumbles to all-time nadir, euro at 20-year low

Sterling crumbles to all-time nadir, euro at 20-year low

Woman holds British pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/ Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 26 (Reuters) – Sterling crashed to a record low on Monday as traders scampered for the exits on mounting concern that the new government’s economic plan will stretch Britain’s finances … Read more

Sterling collapses as investors fly into dollars

Sterling collapses as investors fly into dollars

Register now for FREE unlimited access to Reuters.com Register Sterling hits record low; risk of BOE response Euro down 1%; Aussie, kiwi, yuan hit multi year lows S&P 500 futures drop 0.6% SYDNEY, Sept 26 (Reuters) – Sterling slumped to a record low on Monday, prompting speculation of an emergency response from the Bank of … Read more

Australia climate inaction violated Torres Strait Islanders’ rights, UN says

Australia climate inaction violated Torres Strait Islanders’ rights, UN says

Register now for FREE unlimited access to Reuters.com Register GENEVA, Sept 23 (Reuters) – A United Nations committee found on Friday that Australia had violated the human rights of a group of islanders off its north coast by failing to adequately protect them from the impacts of climate change, such as by cutting greenhouse gas … Read more

Ban on gas fracking in England lifted in push for energy independence

Ban on gas fracking in England lifted in push for energy independence

Register now for FREE unlimited access to Reuters.com Register Britain pushing to increase domestic energy supply Moratorium has been in place since 2019 More research needed to assess risk of tremors BGS survey says challenges remain on predicting impact LONDON, Sept 22 (Reuters) – Britain on Thursday formally lifted a moratorium on fracking for shale … Read more

Fed feeds recession fears, Japan steps in to support yen

Fed feeds recession fears, Japan steps in to support yen

Fed surprises with aggressive hike projections Japan intervenes in FX as dollar/yen breaks 145 Central bank bonanza as UK, Switzerland and Norway hike LONDON, Sept 22 (Reuters) – World stocks were close to a two-year low and Japan was forced to intervene to prop up the yen for the first time since 1998 on Thursday … Read more

Dollar soars to two-decade high as Putin shakes FX market ahead of Fed

Dollar soars to two-decade high as Putin shakes FX market ahead of Fed

Register now for FREE unlimited access to Reuters.com Register Dollar index at two-decade high Euro slides back toward two-decade lows Putin announces partial troop mobilization for Ukraine Markets gauging Fed hawkishness in Powell briefing LONDON/NEW YORK, Sept 21 (Reuters) – The dollar surged to a new two-decade high on Wednesday just ahead of another expected … Read more

Stocks fall, bonds and gold gain as Russia threats add to Fed jitters

Stocks fall, bonds and gold gain as Russia threats add to Fed jitters

Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 21 (Reuters) – Stocks fell, while safe havens such as government bonds and the dollar rose, as anxious investors fled risk assets after Russian President Vladimir Putin on Wednesday ordered a mobilisation over Ukraine and accused the West of “nuclear blackmail”. European currencies came … Read more

Al Gore sees the world at ‘tipping point’ for climate action

Al Gore sees the world at ‘tipping point’ for climate action

Register now for FREE unlimited access to Reuters.com Register Surging power prices pushing governments to decarbonise Gore cites greater action in the United States and Australia Says he is optimistic on further action in Brazil, China LONDON, Sept 21 (Reuters) – (This Sept. 20 story has been refiled to correct typo in second bullet point) … Read more

Stocks tense, dollar bullish for central bank binge

Stocks tense, dollar bullish for central bank binge

Passersby wearing protective face masks walk past a stock quotation board in Tokyo, Japan February 24, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 S&P 500 futures slip, Nikkei futures down Fed leads pack of central bank meetings Market leaning toward 75 bp from Fed, PBOC eases Dollar firm near … Read more

Queen’s death shines spotlight on wrongs suffered by indigenous people

Queen’s death shines spotlight on wrongs suffered by indigenous people

Indigenous Australian parliamentarian Lidia Thorpe raises her fist during her swearing-in ceremony in the Senate chamber at Parliament House in Canberra, Australia, August 1, 2022. AAP Image/Lukas Coch via REUTERS Register now for FREE unlimited access to Reuters.com Register SYDNEY/TORONTO, Sept 18 (Reuters) – When newly elected indigenous Australian parliamentarian Lidia Thorpe took her oath … Read more