The Russian rouble slumped around 10 percent against the dollar in volatile trade to a two-week low on Thursday as the central bank cut interest rates to 11 percent and suggested more cuts would follow as inflation risks subside. The central bank cut its key rate by 300 basis points for the third time in…
Rouble Slumps Over 10 Percent to Near 2-Week Low as Russia Slashes Rates Again
Fertiliser Maker Yara Says World Faces Extreme Food Supply Shock
May 27, 2022
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Business & EconomyCompanieseconomic policieseconomyEuropefood supplyInternationalMarketsRussia-Ukraine WarshortageWorldYara
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DAVOS, Switzerland—Norwegian fertilizer giant Yara says donors urgently need to close the U.N.’s $10 billion food program funding gap to avoid a catastrophe as sanctions on Russian fertilizers and Ukraine’s grain export problems have created an extreme global shock. “The world has realized that food can be a weapon and it is being currently used,”…
Australian Productivity Growth Can’t Reach Its Target Without Change: Treasurer
Jim Chalmers, the new Australian treasurer, said the nation cannot achieve a return to 1.5 percent productivity growth under current policies. The treasurer said he wanted to have an upfront national conversation on the challenge of increasing productivity, which enables wage growth. “But the starting point needs to be a more realistic assessment of where…
No. 2 Medvedev Wins in Straight Sets
PARIS—The Latest on the French Open Grand Slam tennis tournament (all times local): 3 p.m. Daniil Medvedev keeps getting more comfortable on red clay and his 6–3, 6–4, 6–3 victory over Laslo Djere means the U.S. Open champion now has made it to the third round at Roland Garros two years in a row. Medvedev…
Survey Finds 50 Percent of Australian Youth Experienced Negative Mental Health, Worse in Lockdown States
May 27, 2022
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2022 electionsALPAustraliaAustralia COVID-19 lockdownCCP VirusCOVID-19daniel andrewsgender diverseHealth & Safetyliberal national coalitionLifestyleLNPmatthew guyMELBOURNEmental healthvictorian governmentVictorian Labor GovernmentWorld
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A 2021 survey led by Mission Australia and Orygen on Australian youths has found around half, or 50 percent of those surveyed, found their mental health was affected by the pandemic, with high lockdown states such as New South Wales (NSW) and Victoria having the highest reports of adverse mental health. Victorian youths, who experienced…
Several Dead in Fighting Between Miners in North Chad, Government Says
N’DJAMENA—Deadly clashes have broken out between gold miners in north Chad, the interim government said on Wednesday, as a local rebel group’s unconfirmed report of at least 200 fatalities in the area circulated on social media. The violence broke out at an informal gold mining site in the mountainous Kouri Bougoudi district, near the border…
The Refreshing Airline Amenity Is Making a Comeback
May 27, 2022
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Airline AmenityBrightbudgetingin-flightin-flight beveragein-flight mealLifestylepersonal financesave moneyTravelUncategorized
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For those among us who like a tipple after takeoff, consider this a sign that the world is healing: Many airlines are resuming in-flight meals and alcohol service. Early on in the pandemic, many airlines completely cut in-flight refreshment offerings (aside from perhaps a hasty water bottle delivery). Slowly but surely, airlines are reintroducing the…
NYPD Cop ‘Re-Enacted’ Finding Gun to Record It on Bodycam, DA Says
By John Annese From New York Daily News NEW YORK—An often-sued NYPD officer with an extensive history of misconduct allegations has been indicted on charges that he re-enacted finding a gun in a suspect’s car so he could record the discovery with his body camera. Officer Kevin Martin, 45—the subject of 34 misconduct complaints and…
President Tsai, Leading Officials Welcome Shen Yun Performing Arts to Taiwan
After three years of waiting, the people of Taiwan will once again enjoy Shen Yun Performing Arts in theaters. This year, the world’s premier classical Chinese dance company will tour seven cities and perform almost 30 shows in Taiwan from June 7 to July 10. Prior to Shen Yun’s arrival, Taiwan President Tsai Ing-wen, Vice…
Kuroda Says BOJ Can Achieve Smooth Exit From Loose Money Policy
TOKYO—Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank can execute a smooth exit from its ultra-loose monetary policy, though doing so “won’t be easy.” Kuroda repeated his view that the central bank must maintain ultra-easy monetary policy for now, with consumer inflation expected to slow next year and beyond, after speeding…
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