Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war jolted it into an energy crisis nine months ago.
- WorldHeavy shelling in Russian-controlled Ukraine as Christmas truce ruled out
Ukrainian forces staged their heaviest shelling attack in years in the country's Russian-controlled east on Thursday, Moscow-installed officials said, as both sides ruled out a Christmas truce in the nearly 10-month-old war.
- LifestyleUnexplained leak from docked Soyuz spacecraft cancels Russian ISS spacewalk
NASA said the crew was never in any danger.
- MarketsAnalysis: Investors bet Fed will blink if recession hits despite 'higher for longer' mantra
Some investors believe an expected recession will force the Federal Reserve to loosen monetary policy next year, even as the central bank projects it will raise rates higher than it previously anticipated.
A Reuters Investigation
Nightmare in NigeriaSecrets behind the Nigerian military's campaign to crush the nation's Islamist insurgency: a mass abortion program and targeted killings of children
- Rising climate costs to challenge countries, companies in 2023Business ·
December 14, 2022 In a year marked by yet more climate-linked floods, hurricanes and droughts, governments and companies were forced to look more closely at the financial risks and their exposure to liability.
The Wider Image
Air pollution blights India's capital