SEOUL, South Korea (AP) — North Korean leader Kim Jong Un stressed his country will never abandon the nuclear weapons it needs to counter the United States, which he accused of pushing to weaken the North’s defenses and eventually collapse his government, state media said Friday.Kim made the comments during a speech Thursday at North …
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FRANKFURT, Sept 8 (Reuters) – The European Central Bank will raise interest rates again on Thursday to fight runaway inflation and, with a big move and a record one under consideration, the only question is by how much. Concerned that sky-high inflation is getting increasingly entrenched, policymakers are scrambling to keep a lid on the …
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VIENNA, Sept 7 (Reuters) – Iran’s stock of uranium enriched to up to 60%, close to weapons-grade, has grown to enough, if enriched further, for a nuclear bomb, a report by the United Nations nuclear watchdog showed on Wednesday. Passing that threshold is a milestone in the unravelling of the 2015 nuclear deal between Iran …
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Major stocks on Wall Street saw significant gains at the end of Wednesday’s session following the day marked by Apple’s annual event and the Federal Reserve’s latest Beige Book report, a summary of past economic developments. Earlier today, Apple Inc. presented a broad lineup of new products, including multiple iPhone 14 versions, three Apple …
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U.S. economic activity was unchanged since early July, according to the Federal Reserve’s Beige Book report released on Wednesday. That compares with the “modest pace” indicated in the central bank’s previous snapshot of the U.S. economy in July. Five districts of the 12 that comprise the Federal Reserve system reported “slight to modest growth” and …
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VIENNA, Sept 6 (Reuters) – The U.N. nuclear watchdog, the International Atomic Energy Agency (IAEA), on Tuesday issued a report on the situation in Ukraine including at the Russian-held Zaporizhzhia nuclear power plant where it has established a presence. Below are highlights from the roughly 50-page text. OVERALL “The IAEA is still gravely concerned about …
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Ravil Maganov, the chair of Russia’s Lukoil, has died under mysterious circumstances. His death comes just months after voicing opposition against the invasion of Ukraine. Seven other Russian energy oligarchs have died in unusual circumstances in the months following Russia’s invasion of Ukraine. The chairman of Russia’s Lukoil oil giant, Ravil Maganov, has died after …
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A new nuclear deal between Iran and world powers is off the table and will not be signed in the foreseeable future. Attributed to President Joe Biden and other administration officials. The nuclear agreement that was being negotiated since Biden entered the White House in January 2021 focused on removing sanctions on Iran in exchange …
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Three Months ago EU Commission Chief urges Midcat Restart of France-Spain Pipeline TODAY: The European Commission decided to officially refuse to finance the MidCat gas pipeline connecting Spain and France, European Commission Spokesperson for Climate Action and Energy Tim McPhie said on Tuesday. Previously, Spain said the pipeline could be ready in the next 8-9 …
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Just hours after Iran said on Thursday evening that it had sent a “constructive” response to the final draft of the nuclear deal to the Biden administration, the White House counter-responded by saying Tehran’s response was “not constructive” at all, lowering optimism that a deal will be finalized soon. The latest back-and-forth comes shortly after …