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Finnish court rejects German arms maker's complaint over rifle order May 21, 2024 07:42AM

OSLO (Reuters) - Finland's Market Court has rejected German gun maker Heckler & Koch's complaint over the Finnish government's direct arms purchase from a local manufacturer, according to a ruling on Tuesday.

The German company had accused Finland of breaching competition rules with a ten-year agreement, made jointly with Sweden, to buy assault rifles and other handguns from the Finnish arms maker Sako Ltd, owned by Italy's Beretta.

"The... (continue reading...)


Iranian President Raisi's memorial muted amid public discontent May 21, 2024 07:34AM

By Parisa Hafezi

DUBAI (Reuters) - Thousands of Iranians turned out to mourn President Ebrahim Raisi in the city of Tabriz on Tuesday, after he was killed in a helicopter crash near the Azerbaijan border at the weekend along with his foreign minister and seven others.

State TV broadcast live images of mourners, many of them dressed in black, beating their chests while a truck covered in white flowers carrying the caskets wrapped in the... (continue reading...)


German home prices to fall 2% in 2024, supply to lag demand: Reuters poll May 21, 2024 07:30AM

By Indradip Ghosh

BENGALURU (Reuters) - German home prices will see a far shallower decline this year than in 2023 as borrowing costs are expected to fall, according to analysts polled by Reuters who said the supply of affordable homes would remain short of demand.

Hit by the worst real estate crisis in decades, average home prices in Germany have dropped nearly 13% from their peaks in the second quarter of 2022 and declined over 8% last... (continue reading...)


Experts including Amal Clooney back ICC's Khan on arrest warrant requests May 21, 2024 07:28AM

By Bart H. Meijer and Stephanie van den Berg

AMSTERDAM (Reuters) - A panel of independent experts including human rights lawyer Amal Clooney backed the ICC prosecutor's decision to request arrest warrants for Israeli and Hamas leaders over the Gaza war as "a historic step for victims" of the conflict.

International Criminal Court prosecutor Karim Khan said on Monday he had requested warrants for Israeli Prime Minister Benjamin Netanyahu,... (continue reading...)


EU countries adopt plan to use frozen Russian assets for Ukraine's defence May 21, 2024 07:24AM

BRUSSELS (Reuters) - EU countries have formally adopted a plan to use windfall profits from Russian central bank assets frozen in the EU for Ukraine's defence, the Belgian government said on Tuesday.

The text only needed a rubber-stamp by ministers after EU ambassadors reached the agreement in early May.

Under the agreement, 90% of the proceeds will go into an EU-run fund for military aid for Ukraine, with the other 10% going to support... (continue reading...)


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