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Eurozone inflation jumps to new record 9.1%
The eurozone inflation rate hit a new record in August, official data showed on Wednesday, increasing pressure on the European Central Bank to hike rates to tame Ukraine war-fuelled prices. Economist Jack Allen-Reynolds of Capital Economics warned that the eurozone inflation rate could hit 10 percent by the end of the year, even if the bank hikes rates.
Taliban mark anniversary of foreign troop exit with chants, military parade
The Taliban celebrated Wednesday the first anniversary of the withdrawal of US-led troops from Afghanistan with victory chants and a military parade showcasing equipment left behind by foreign forces. - Victory chants - Banners celebrating victories against three empires -- the former Soviet Union and Britain also lost wars in Afghanistan -- flew in Kabul.
Gorbachev's love-hate relationship with Putin
Mikhail Gorbachev struggled to make up his mind about Vladimir Putin. Gorbachev backed a protest movement that followed the elections and in 2013 made a stinging attack on Russia under Putin.
Chinese police rescue 150 cats headed for dinner tables
Nearly 150 cats bound for slaughterhouses have been rescued by police in eastern China, an international animal welfare organisation said. The animals were crammed into rusty cages when they were found by police in the eastern city of Jinan in Shandong province, Humane Society International (HSI) said in a statement Tuesday.
Chinese electric carmaker BYD plummets after Buffett sale
Shares in Chinese electric carmaker BYD plunged on Wednesday after its largest backer, Warren Buffett's Berkshire Hathaway, reduced its stake amid speculation of a potential exit. Berkshire first bought 225 million BYD shares in 2008 and has been the biggest stakeholder in the company, now China's largest EV manufacturer and a major rival to Tesla.
Documents 'likely concealed' to obstruct Trump probe: Justice Dept
Documents at former US president Donald Trump's Florida home were "likely concealed" to obstruct an FBI probe into his potential mishandling of classified materials, the Justice Department said in a court filing Tuesday.
'Burning with pain': Pakistan floods threaten major health crisis
At a charity clinic in a southern Pakistani village, dozens of people affected by relentless rains and floods crowd around the door waiting to talk to a volunteer doctor. - Major health hazards - The millions of people affected by the floods face major health hazards including potentially deadly diseases such as malaria and dengue fever, the WHO warned in a statement Tuesday.
Japan defence ministry asks for $40 bn budget with eyes on Russia, China
Japan's defence ministry requested a $40 billion budget on Wednesday, pointing to the war in Ukraine and warning that the world faces its "toughest challenges" since World War II. Japan's defence spending has risen almost annually over the last decade, but pressure has grown for more following the Russian invasion of Ukraine and China's growing pressure on Taiwan.
Lives swept away: rescued tourists recount Pakistan flood horror
It was midnight when Yasmin and her family were ordered to urgently evacuate their room at the Honeymoon Hotel, perched above the picturesque ice-blue waters of the Swat river. - Thousands still stranded - All along the Swat river are the remnants of destroyed bridges, upended roads and the remains of hotels clinging to the banks.
AFP
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