Like a scene from the movie “Parasite”: the floods exposed social inequality in South Korea

SEOUL (Reuters) – Using a plastic bowl, Ha Insik bailed water from his basement apartment in the low-income residential district of Selim in southwest Seoul on Wednesday, as floods caused by torrential rain forced his family to leave. Sleeping in a nearby park. The 50-year-old, along with his wife and daughter, collected household appliances, furniture, … Read more

Disney beats Netflix in streaming subscribers, sets higher prices

A smartphone screen showing the “Disney +” logo in front of the phrase “The Streaming Service” in this illustration taken on March 24, 2020. REUTERS / Dado Ruvic Register now to get free unlimited access to Reuters.com Register Los Angeles (Reuters) – The Walt Disney Company (DIS.N) Beat Netflix Inc (NFLX.O) With a total of … Read more

The ousted Sri Lankan president seeks to enter Thailand after weeks in Singapore

More than eight months before the economic crisis erupted and mass protests prompted him to flee Sri Lanka, President Gotabaya Rajapaksa made his national statement during the World Leaders Summit at the United Nations Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 1, 2021 Andy Buchanan / Paul via Reuters/File Photo Register now to … Read more

Ukraine calls for a demilitarized zone around the bombed nuclear plant

Ukraine and Russia blamed each other for the strikes on the Zaporizhzhya plant Kyiv warns of a Chernobyl-style disaster unless the region is secured UN’s Guterres says any attack on nuclear plant is ‘suicide’ Two Ukrainian grain ships leave ports, 12 since last week Kyiv (Reuters) – International alert over the weekend of artillery attacks … Read more

Dollar falls as currency markets pull back from Friday’s moves

Dollar dips Aussie, Kiwi and Pound gains Traders 69% expect the Fed to rise by 75 basis points in September LONDON (Reuters) – The dollar fell on Monday, losing some gains from Friday’s US jobs data, as currency markets rolled back their initial reaction and waited for inflation data on Wednesday to give more clues … Read more

Taiwan says Chinese planes and ships are carrying out simulated attack drills

Chinese ship planes perform simulated attack Blinken calls China’s halt to dialogue ‘irresponsible’ China calls on US to “correct mistakes” TAIPEI (Reuters) – Chinese planes and warships rehearsed for an attack on the island on Saturday, Taiwan officials said, as part of Beijing’s retaliation for a visit there by U.S. House Speaker Nancy Pelosi, which … Read more

The United States calls China’s military action on Taiwan unjustified, and Beijing punishes Pelosi

Taiwan downplays concerns China conducts unprecedented military exercises around Taiwan It comes on the heels of US House Speaker Pelosi’s visit to Taipei China says it will punish Pelosi for her ‘evil’ actions Pelosi, in Japan, joins Prime Minister Kishida in condemning China TAIPEI (Reuters) – US Secretary of State Anthony Blinken said China’s missile … Read more

Stocks steady as markets bet on Bank of England massive rally

Market bets on a 50 basis point BoE hike Fed official: 50 basis points increase in September ‘reasonable’ Oil bounces back from six-month low Lufthansa returns to operating profit Credit Agricole expects a jump in profits LONDON (Reuters) – Strong earnings at Credit Agricole and Lufthansa lifted shares on Thursday as tension over Nancy Pelosi’s … Read more

Zelensky says the first grain ship “nothing” and the economy is in a coma

Inspection of a ship carrying grain from Ukraine in Turkey The shipment is the first of its kind to leave Ukraine in wartime But the Ukrainian leader says more is needed Kyiv urgently needs to ship 10 million tons to cut the deficit Kyiv/ISTANBUL (Reuters) – Ukrainian President Volodymyr Zelensky denied the significance of his … Read more

The governor said Russia is striking a city in southern Ukraine, killing a grain export tycoon

The governor said that a Ukrainian drone had hit a Russian base on the Black Sea Russia hit Mykolaiv and killed the source and his wife Zelensky says the grain harvest may be halved because of the war Zelensky orders the evacuation of Donetsk The International Committee of the Red Cross condemns Friday the attack … Read more