Browsing: Wires

ANKARA, Jan 18 (Reuters) – Turkish President Tayyip Erdogan was cited on Tuesday as saying the prospect of a Russian invasion of Ukraine was not realistic and that he needed to discuss the crisis with Russian President Vladimir Putin.The West has voiced fears of a possible invasion of Ukraine by tens of thousands of Russian troops gathered near its border. Russia has denied such plans.”I don’t view Russia’s invasion of Ukraine as a realistic approach because Ukraine is not an ordinary country. Ukraine is a strong country,” Erdogan told reporters during a trip to Albania on Monday. “For Russia to…

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NUR-SULTAN, Jan 18 (Reuters) – Former Kazakh president Nursultan Nazarbayev said in a video address on Tuesday that there was no conflict among Kazakhstan’s elite, in his first appearance since unrest rocked the former Soviet country this month.Nazarbayev, who ruled the oil-rich country for three decades, said he had remained in Kazakhstan during the worst violence in the country’s post-Soviet history. Unrest erupted over a sharp increase in car fuel prices before swelling into an anti-government movement, with public anger targeted at 81-year-old Nazarbayev.Several relatives of Nazarbayev have left senior positions in the public sector or at state companies in…

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LONDON, Jan 18 (Reuters) – Britain’s government has won its bid to overturn a ruling that it acted unlawfully when it gave a contract to a public relations firm run by associates of Prime Minister Boris Johnson’s former chief adviser, Dominic Cummings.A Court of Appeal ruling published on Tuesday overturned a decision made in June which said the government had shown “apparent bias” in awarding more than 560,000 pounds ((dollar)794,000) to Public First to test public opinion on the government’s response to the coronavirus pandemic.The appeal court ruling set out that a fair-minded and reasonably informed observer would not have…

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BEIJING, Jan 18 (Reuters) – China stocks ended higher on Tuesday, with infrastructure and property firms leading the gains as the country’s central bank unexpectedly cut the borrowing costs of its medium-term loans.** The blue-chip CSI300 index rose 1percent to 4,813.35, while the Shanghai Composite Index gained 0.8percent to 3,569.91. Both indexes posted their best daily performance since last Wednesday.** China’s central bank on Monday cut the borrowing costs of its medium-term loans for the first time since April 2020. Analysts believe the rate cuts could lead to strong infrastructure spending, credit growth and support for the real estate sector…

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By Francesco CanepaFRANKFURT, Jan 18 (Reuters) – When Christian Hurtz opened his electricity bill just before New Year, his jaw dropped: it had more than trebled from the rate he signed up for.The 41-year-old software developer from Cologne, Germany, is one of millions of Europeans who have seen their energy costs balloon as providers go out of business because of soaring gas prices or pass them on to customers.Spending more on heating, lighting or running a car is straining many households’ budgets and shaking expectations that a consumer-led economic boom will follow pandemic-era restraint.”At first I thought that was the…

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TOKYO (AP) – Asian shares were mostly lower Tuesday following a national holiday in the U.S, while oil prices surged following an attack on an oil facility in the capital of the United Arab Emirates that killed at least three people.Benchmark U.S. crude rose (dollar)1.53, or 1.8percent, to (dollar)85.35 a barrel in electronic trading on the New York Mercantile Exchange. It gained (dollar)1.70 to (dollar)83.82 per barrel on Monday.Brent crude, the basis for pricing international oil, added (dollar)1.20 to (dollar)87.68 a barrel.Satellite photos obtained by The Associated Press on Tuesday appeared to show the aftermath of the attack, which was…

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By Josh HorwitzSHANGHAI, Jan 18 (Reuters) – China is urging people to wear masks and gloves when opening mail, especially from abroad, after authorities suggested the first case of the Omicron coronavirus virus variant found in Beijing could have arrived via a package from Canada.Authorities vowed to step up disinfection of overseas mail and are insisting postal staff handling it are fully vaccinated.The precautions come less than three weeks before the capital opens the Winter Olympic Games and as several cities work to stamp out new outbreaks of coronavirus infections.”Minimize purchases of overseas goods or receiving mail from abroad,” state…

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RAPOSA SERRA DO SOL INDIGENOUS TERRITORY, Brazil (AP) – The mining encampment that stretches across a mountainside in Brazil´s Amazon is dotted with plastic tarpaulin covers. Under them, dozens of men toil in rocky pits, excavating sacks of ore to be transported by truck. Gold will be extracted from the ore.Of all places this squatter settlement shouldn´t exist, it´s here: in Brazil´s northernmost Roraima state that doesn´t permit gold prospecting, inside one of the nation´s Indigenous reserves where mining activity is illegal and on the flanks of this mountain – Serra do Atola – that traditional leaders of the Macuxi…

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Nicolas Batum scored 32 points as the host Los Angeles Clippers held off the Indiana Pacers 139-133 on Monday.In an impressive long range shooting performance, Batum shot 7 of 10 from 3-point range and the Clippers hit 18-of-36 from beyond the arc as a team.The Clippers came into Monday’s contest — their last at home before embarking on a season-long eight-game road swing — having failed to score 100 points in their last three outings.Los Angeles eclipsed the 100-point mark before the end of the third quarter, and led by as much as 19 points in game it led wire-to-wire.All…

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MEMPHIS, Tenn. (AP) – Desmond Bane and Ja Morant scored 25 points each, and the Memphis Grizzlies dominated the short-handed Chicago Bulls 119-106 on Monday afternoon for their 12th win in 13 games.Brandon Clarke added 15 points and seven rebounds in the Grizzlies’ main event of the 20th annual Martin Luther King Jr. Celebration. King was assassinated on April 4, 1968, at the Lorraine Motel in Memphis.DeMar DeRozan led the Bulls with 24 points and five assists, Ayo Dosunmu had 15 points and Coby White finished with 16 points, six rebounds and five assists for Chicago, which lost its fourth…

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