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UK's Sunak proposes tax cuts for pensioners in new election pledge May 27, 2024 05:35PM

(Reuters) - British Prime Minister Rishi Sunak on Monday proposed tax cuts for millions of pensioners in his latest campaign pledge, highlighting the importance of older voters in the upcoming July election.

Sunak's Conservative Party said it would introduce a new age-related allowance and deliver a tax cut of around 100 pounds ($128) for each of 8 million pensioners in 2025, rising to almost 300 pounds a year by the end of the next parliament.

... (continue reading...)
Russia captures two settlements in Ukraine, defence ministry says May 27, 2024 05:23PM

MOSCOW (Reuters) - Russian forces captured two villages in Ukraine, the defence ministry said on Monday.

The settlements were Ivanivka in the Kharkiv region and Netailove in Donetsk.

The Ukrainian military's General Staff said in a report late on Sunday its forces had repelled an attack near Ivanivka, east of the town of Kupiansk.

In a report on Monday evening, the General Staff said Ukrainian forces had repelled seven... (continue reading...)


Ukraine's Zelenskiy to visit Belgium on Tuesday, sign security pact May 27, 2024 05:03PM

BRUSSELS (Reuters) - Ukrainian President Volodymyr Zelenskiy will visit Belgium on Tuesday and sign a security pact with Prime Minister Alexander De Croo, the Belgian government said.

The Ukrainian leader is seeking more military aid from his Western allies as his troops struggle to hold back Russia's invasion forces.

On Monday, he visited Spain, which pledged military support worth 1 billion euros ($1.08 billion) this year under a... (continue reading...)


Cyprus scraps $1.3 billion port concession in legal wrangle May 27, 2024 04:43PM

NICOSIA (Reuters) - Cyprus has scrapped a 1.2 billion euro ($1.30 billion) concession agreement for the development of Larnaca port, in a legal wrangle that the state and the contractor traded blame for on Monday.

Operator Kition Ocean Holdings held a long-term lease to develop and operate both a yachting marina and a commercial port in the southern port town.

The Cypriot government said Kition were in breach of contract for failing to... (continue reading...)


Drone downed in Russia’s Moscow region, governor says May 27, 2024 04:00PM

(Reuters) - Russian air defence units downed a drone outside Moscow on Monday, Moscow Region Governor Andrei Vorobyov said.

Vorobyov, writing on the Telegram messaging app, said fragments from the downed drone landed on a private house at about 9 p.m. (1800 GMT) in Balashikha, just east of the capital. Those inside the house escaped unhurt.

The Russian Defence Ministry reported that air defence units had destroyed a "small-scale airborne... (continue reading...)


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