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Ukraine missiles hit oil terminal at port Kavkaz in Russia's Krasnodar region, military says May 31, 2024 03:39AM

KYIV (Reuters) - Missiles fired by the Ukrainian navy struck an oil terminal at the Russian port of Kavkaz in the Krasnodar region on Friday, the Ukrainian military said via the Telegram messaging app.

The military reported explosions at the site as it worked to verify the damage from the attack carried out with Ukrainian-made Neptune missiles.

Ukrainian drones also struck another oil depot in the Krasnodar region, the statement said.

... (continue reading...)
NATO getting closer to war every week, Hungary's Orban says May 31, 2024 03:37AM

BUDAPEST (Reuters) - NATO's plans to get more involved in the war in Ukraine are like a firefighter trying to put out a fire with a flamethrower, Hungary's Prime Minister Viktor Orban said on Friday.

Orban, who has cultivated relations with Moscow, has been at odds with western nations over support for Ukraine since Russia's full-scale invasion more than two years ago.

NATO was "getting closer to war" every week, Orban said as alliance... (continue reading...)


Turkish economy expands 5.7% in Q1 on strong domestic demand May 31, 2024 03:33AM

ISTANBUL (Reuters) - Turkey's economy grew 5.7% in the first quarter of the year, in line with expectations, official data showed on Friday, growing strongly as domestic demand boosted the economy.

In a Reuters poll, the economy was forecast to have expanded 5.7% in the first quarter. The poll predicted growth of 3.15% in 2024 as a whole.

Growth is expected to slow during the rest of the year as the central bank's aggressive monetary... (continue reading...)


China, US defence chiefs discuss Taiwan, Ukraine, Gaza May 31, 2024 03:31AM

SINGAPORE (Reuters) - Chinese Defence Minister Dong Jun and United States Defense Minister Lloyd Austin held a constructive meeting in Singapore on Friday, including talks on Taiwan, the war between Russia and Ukraine, and the conflict in Gaza, a Chinese spokesperson said.

Minister Dong warned Austin that the United States should not interfere in China's affairs with Taiwan, a democratically ruled territory that Beijing wants brought under its control,... (continue reading...)


German retail sales fall more than expected in April May 31, 2024 03:28AM

(Reuters) -German retail sales fell more than expected in April, decreasing by 1.2% compared with the previous month, dimming hopes that consumer spending could give a much-needed boost to Europe's largest economy.

Analysts polled by Reuters had predicted a 0.1% decrease.

Year on year, retails sales declined by 0.6% in real terms, the federal statistics office reported on Friday.

The data, published in more detail on the... (continue reading...)


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