US Inflation Reduction Act ‘super aggressive,’ Macron tells lawmakers

US Inflation Reduction Act ‘super aggressive,’ Macron tells lawmakers

WASHINGTON, Nov 30 (Reuters) – French President Emmanuel Macron addressed US lawmakers from both political parties on Wednesday and pushed back on new American subsidies that are riling European leaders, according to a participant in a closed-door meeting. Macron arrived in Washington on Tuesday for his second state visit to the United States since taking … Read more

Welders wanted: France steps up recruitment drive as nuclear crisis deepens

PARIS, Nov 29 (Reuters) – French power giant EDF (EDF.PA) is looking to recruit a new generation of welders, pipe-fitters and boiler makers to fix its aging nuclear reactors and build more of them, as Europe’s energy crisis rekindles. the allure of atomic power. The problem is that in France such skilled workers are in … Read more

The yuan’s the new dollar as Russia rides to the redback

Russia turns to the Chinese currency amid sanctions Moscow becomes No.4 offshore trading center for yuan Yuan’s share of Russian FX market jumps from 1% to 45% Russian central bank supports the trend but warns of risks This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW/SHANGHAI, … Read more

Exclusive: US, Russia have used their military hotline once so far during Ukraine war

WASHINGTON, Nov 28 (Reuters) – A communications line created between the militaries of the United States and Russia at the start of Moscow’s war against Ukraine has been used only once so far, a US official told Reuters. The official, who spoke on condition of anonymity, said that the United States initiated a call through … Read more

China’s lockdown protests spread to campuses and cities abroad

HONG KONG, Nov 28 (Reuters) – Protests against China’s strict zero-COVID policy and restrictions on freedoms have spread to at least a dozen cities around the world in a show of solidarity with rare displays of defiance in China over the weekend. Expatriate dissidents and students staged small-scale vigils and protests in cities around the … Read more

Europe’s south offers a warm welcome to energy migrants

Cheaper rent, cheaper bills Some people moving permanently Greek tourism minister toured northern Europe to seek visitors Other countries have also campaigned MADRID/LISBON, Nov 28 (Reuters) – Software developer Victor Varlamov logs in every morning to work on a sunny Spanish island off the coast of Africa after the prospect of steep heating bills and … Read more

Who’s next? Chinese EVs drive Stellantis’ Jeep off the road

China has early-mover advantage in EVs Falling plant usage a common problem Some Chinese automakers target Europe Global players dominate the luxury sector for now Stellantis adopts profitable import-based model in China LONDON/MILAN, Nov 28 (Reuters) – The bankruptcy of Stellantis’ (STLA.MI) Jeep joint venture in China could spell trouble for other global automakers whose … Read more

Exclusive: US weighs sending 100-mile strike weapon to Ukraine

WASHINGTON, Nov 28 (Reuters) – The Pentagon is considering a Boeing proposal to supply Ukraine with cheap, small precision bombs fitted onto abundantly available rockets, allowing Kyiv to strike far behind Russian lines as the West struggles to meet demand for more arms. US and allied military inventories are shrinking, and Ukraine faces an increasing … Read more

Reality ends some Qatari dreams of World Cup rental bonanza

Agency says Qatar hotel group demanded new payments Some rates reduced, but many properties empty Broker says some landlords sought unrealistic rents DOHA, Nov 25 (Reuters) – Qatar has found itself with an unexpected glut of rooms in the World Cup’s busy group stage, with online portals showing rooms in at least 42 hotels and … Read more

Iranian fans savor victory but wrangle over protests

AL RAYYAN, Qatar, Nov 25 (Reuters) – Iran’s national soccer team sang during the playing of their national anthem at their second World Cup match against Wales on Friday having refrained from doing so in their opening game earlier this week in apparent support for protesters. back home Loud jeers were heard from Iranian supporters … Read more