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Oil settles higher as tight fuel markets offset crude supply concerns
NEW YORK, November 11 ------ Oil prices settled higher as analysts focused on potential fuel supply disruptions from fresh U.S. sanctions and Ukrainian drone attacks on Russian refineries, although predictions of a crude supply surplus kept gains in check. Brent crude futures rose 43 cents, or 0.7%, to settle at $64.06 a barrel, while U.S. West Texas Intermediate crude futures advanced 38 cents, or 0.6%, to close at $60.13 a barrel. Fuel futures led gains in the oil complex
6d


Canada loses measles elimination status after three decades
OTTAWA, November 11 ------ Canada has lost its measles elimination status after nearly three decades due to its failure to curb a year-long outbreak, the Pan American Health Organization said on Monday, a loss that also results in the Americas region losing the status. Health experts last month predicted the Pan American Health Organization would strip Canada of its elimination status. The country has recorded more than 5,000 measles cases in nine of its 10 provinces and on
6d


Ukraine's anti-graft agency alleges $100 million energy kickback scheme
KYIV, November 11 ------ Ukraine's anti-corruption bureau said it was investigating the country's energy sector, alleging a $100 million kickback scheme involving the state nuclear power company. The state agency, which operates independently of the Ukrainian government, announced the investigation as Ukraine braces for winter with its power sector under frequent fire from Russia and facing regular outages. It alleged in a statement published on social media that a "high-le
6d


Ukraine, Russia give conflicting accounts of situation in embattled eastern town
KYIV, November 11 ------ Ukraine and Russia issued conflicting accounts of fighting around Myrnohrad, an embattled town to the east of Pokrovsk, which Moscow's forces have enveloped from almost all sides. Pokrovsk has been a key target of Russia's troops in their slow drive westward to capture the Donetsk region, and fighting has gripped the area around Myrnohrad. The Ukrainian military, in a statement on Facebook, said it had delivered supplies into Myrnohrad and rotated o
6d


US airlines' daily cancellations top 2,000 for first time since shutdown cuts began
WASHINGTON, November 10 ------ U.S. airlines canceled more than 2,100 flights as Transportation Secretary Sean Duffy warned that air traffic across the nation could “slow to a trickle” if the federal government shutdown lingers into the busy Thanksgiving travel holiday season. The slowdown at 40 of the nation’s busiest airports is now in its third day and beginning to cause more widespread disruptions. The FAA last week ordered flight cuts at the nation’s busiest airports as
Nov 10


Migrant boat sinks near Malaysia-Thai border; hundreds missing
KUALA LUMPUR, November 10 ------ Hundreds were missing after a boat sank near the Thailand-Malaysia border, as 10 survivors and one body were recovered, the Malaysian maritime authority said. More victims might still be found at sea some three days after the sinking of the vessel, which left Buthidaung, Myanmar, with about 300 people on board, said First Admiral Romli Mustafa, the maritime authority director of the northern Malaysian states of Kedah and Perlis. Among the surv
Nov 10


Ukraine scrambles for energy with power generation at 'zero'
KYIV, November 10 ------ Ukraine was scrambling to turn lights and heating back after Russian attacks targeting energy infrastructure reduced the country's power generating capacity to "zero." Moscow, which has escalated attacks on Ukraine's infrastructure in recent months, launched hundreds of drones at energy facilities across the country overnight. The attacks interrupted electricity, heat and water supplies in several cities, with state power firm Centerenergo warning gen
Nov 10


US Lawmakers Launch New Push for Missing Ukrainian Children, POWs
WASHINGTON DC, November 10 ------ A bipartisan group of US lawmakers has quietly introduced new legislation that would dramatically expand the scope of US assistance to Ukraine, shifting focus away from heavy military hardware and toward a sensitive new front: deploying US law enforcement and intelligence capabilities to help Kyiv locate and return thousands of prisoners of war, civilian detainees, and forcibly transferred Ukrainian children. The bill, H.R. 5962, was dropped
Nov 10


World has 'the tools' to unlock $1.3 trillion in climate finance
BELEM, Brazil, November 9 ------ World leaders were to meet in the Brazilian Amazon in an effort to show that climate change remains a top global priority despite broken promises and the United States shunning the gathering. About 50 heads of state and government are expected in the rainforest city of Belem for a summit on Thursday and Friday, ahead of the 30th United Nations Climate Change Conference (COP30) that opens next week. Almost every nation is participating, but Was
Nov 9


Afghanistan, Pakistan to resume truce talks in Istanbul
ISTANBUL, Turkey, November 9 ------ Afghan and Pakistani negotiators are set to resume ceasefire talks in Turkey, aiming to prevent a return to hostilities following their worst clashes in years. Relations between the South Asian neighbors have soured in recent years, with Islamabad accusing Kabul of harboring militant groups that carry out attacks in Pakistan, which the Taliban authorities in Afghanistan deny. The latest conflict erupted after explosions in the Afghan capita
Nov 9


US facing travel chaos as flights cut due to govt shutdown
WASHINGTON, D.C., November 8 ------ Travelers across the United States were left scrambling to rebook flights as the government shutdown heaps pressure on the country's air traffic control system, prompting hundreds of Friday flight cancellations at major American airports. Airlines starting Friday will begin implementing up to a 10-percent reduction in flights for 40 high-traffic areas of the country, complying with a Federal Aviation Administration order made on safety grou
Nov 8


Dollar on defensive as data show cracks in US jobs market
SINGAPORE, November 8 ------ The dollar retreated in early Asia trade, leading declines among major currencies as investors lacking official data on the U.S. labor market seized upon signs of weakness in private sector surveys. The dollar index, which measures the greenback's strength against a basket of six currencies, fell 0.5% to 99.674, reversing its gains so far this month as bets mounted on a cut at the Fed's next meeting on December 10. With the U.S. government shutdow
Nov 8


Oil falls as investors weigh potential supply glut, weak demand
HOUSTON, November 7 ------ Oil prices declined as investors considered a potential supply glut, as well as weakened demand in the United States, the world's largest oil consumer. Brent crude futures settled down 14 cents, or 0.22 per cent, to $63.38 a barrel. U.S. West Texas Intermediate futures settled down 17 cents, or 0.29 per cent, to $59.43. Global oil prices fell for a third straight month in October on fears of oversupply as OPEC and its allies - known as OPEC+ - incre
Nov 7


Trump administration has revoked 80K non-immigrant visas - US official
WASHINGTON, November 7 ------ President Donald Trump's administration has revoked around 80,000 non-immigrant visas since its inauguration on January 20 for offenses ranging from driving under the influence on assault and theft, a senior State Department official said. The extent of the revocations, first reported by Washington Examiner, reflects a broad immigration crackdown initiated when Trump came into office, deporting an unprecedented number of migrants including some w
Nov 7


Ukraine in ‘positive’ talks with US on missiles, ambassador says
November 7 ------ Talks between Ukraine and holders of its GDP warrants have broken down for a second time in six months, the Kyiv government said, adding another delay to its hopes of restructuring the $3.2 billion worth of bond-like instruments. "The parties have jointly decided to terminate the restricted discussions without reaching a final agreement on the terms of potential restructuring of the warrants," the finance ministry said in a statement. Having failed with an o
Nov 7


Ukraine's talks with GDP-linked debt holders break down for second time
KYIV, November 7 ------ Ukraine plans to replace its kopek coins to shake off a lingering symbol of Moscow's former dominance, Central Bank Governor Andriy Pyshnyi said, adding that he hoped the change could be completed this year. Ukraine introduced its hryvnia currency in 1996, five years after it gained independence from the Soviet Union, minting its own coins but retaining the former Soviet name kopeck - kopikya in Ukrainian. New coins, to be known by the historical Ukrai
Nov 7


US government shutdown becomes longest in history
WASHINGTON, November 6 ------ The US government shutdown became the longest ever on Wednesday, topping the 35-day record set during Donald Trump’s first term, as his administration warned of holiday air travel chaos and threatened Americans’ benefits in a bid to force a resolution. Federal agencies have been grinding to a halt since Congress failed to approve funding past Sept. 30, and the pain has been mounting as welfare programs — including aid that helps millions of Ameri
Nov 6


Europe races to lock down poultry as bird flu takes hold
PARIS, November 6 ------ A surge in deadly bird flu cases in Europe has prompted more countries to confine millions of poultry indoors to shield them from infected wild birds, with Ireland the latest to take action. Highly pathogenic avian influenza, commonly called bird flu, has been concerning for the poultry industry and governments since it led to the death of hundreds of millions of birds in recent years and spread to dairy cows in the US, disrupting supply, fueling food
Nov 6


Ukraine imports gas via Balkans from Greece to keep system running after Russian strikes
KYIV, November 6 ------ Ukraine has resumed gas imports from a pipeline that runs across the Balkan peninsula to Greece, to keep its heating and electric systems running through the winter after widespread damage from intensified Russian attacks. Russia intensified strikes on Ukraine's gas sector in October, depriving Ukraine of at least half of its own gas production, forcing it to import an additional 4 billion cubic meters of gas to compensate for the decline. Data from th
Nov 6


Russia and Ukraine say their forces are locked in fierce fighting in the ruins of Pokrovsk
MOSCOW, November 6 ------ Russia said that its forces were advancing north inside Pokrovsk in a drive to take full control of the Ukrainian city, but the Ukrainian army said its units were battling hard to try to stop the Russians from gaining new ground. Ukraine has acknowledged that its troops face a difficult position in the strategic eastern city, once an important transport and logistics hub for the Ukrainian army, which Russia has been trying to capture for more than a
Nov 6
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