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Bernanke: Depression scholar who faced global financial crisis
Ben Bernanke, who shared the Nobel Economics Prize on Monday, is a scholar of the Great Depression who helped to steer the United States through another major financial crisis as Federal Reserve chief. Bernanke was singled out for his analysis of "the worst economic crisis in modern history" -- the Great Depression in the 1930s.
Jailed Putin opponent Kara-Murza wins Council of Europe rights prize
Jailed Russian opposition figure Vladimir Kara-Murza is the winner of this year's Vaclav Havel Human Rights Prize, the Parliamentary Assembly of the Council of Europe (PACE) said on Monday. The award comes after the Russian rights group Memorial was a co-winner of this year's Nobel Peace Prize. maj-sjw/adp/rox
African players in Europe: Brilliant Iwobi goal in vain
Nigerian Alex Iwobi scored a superb goal at the weekend, but could not prevent Everton losing 2-1 at home to Manchester United in their Premier League clash. RIYAD MAHREZ (Manchester City) The Algeria winger scored his second goal in successive games as the Premier League champions crushed Southampton 4-0.
Britain unveils fresh action to calm markets turmoil
Britain on Monday ramped up efforts to calm markets after a heavily criticised budget, with the government bringing forward key economic forecasts and the Bank of England boosting liquidity. - Bank of England action - The Bank of England earlier Monday revealed it was launching a temporary facility aimed at easing liquidity pressures that arose after the budget shocked markets.
US trio, including ex-Fed chief Bernanke, win economics Nobel
A US trio on Monday won the Nobel Economics Prize for research on banking's role in the economy, especially on the importance of avoiding collapses during financial crises.
Iran protesters defiant despite crackdown
Protesters in Iran remained defiant in the fourth week of a movement against the Islamic republic despite a crackdown including the use of tear gas in Tehran and reports Monday of heavy weaponry used in the Kurdish-populated northwest.
Russia fires massive missile barrage across Ukrainian cities
Russian forces launched a barrage of fatal bombardments across Ukraine early Monday, in an apparent retaliation for an explosion that damaged a key bridge to Moscow-annexed Crimea. Ukrainian President Volodymyr Zelensky in an address to the nation early Monday said the morning had been "difficult" and explained that Russian forces had two targets with its barrage of strikes.
China moves to stamp out Covid outbreaks before Communist Party Congress
China recorded more than 2,000 Covid cases on Monday, its highest level for a month, as officials imposed new lockdowns and restrictions to stop outbreaks from spreading to the capital ahead of the Communist Party Congress.
Malaysia PM calls snap elections
Malaysia's prime minister dissolved parliament Monday to clear the way for snap elections in a bid to restore political stability as the country emerges from the ravages of Covid-19 and a multi-billion dollar corruption scandal.
AFP
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