Author: Press Room

Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.EU countries are set to agree a new €5bn top-up to a fund used to finance military shipments to Ukraine, as the US managed to scrape together $300mn more in ammunition and artillery for Kyiv.The EU deal, which needs formal approval at a meeting of member states on Wednesday, unlocks fresh cash for the reimbursement of arms supplies to Kyiv by countries in the bloc as a $60bn package is being held up by US Congress at a critical time for…

Many Republicans plan to skip the House GOP retreat as they grumble about both the location and the idea of spending time with one another, with tensions still running high inside the party in the wake of their unprecedented speakership drama. Fewer than 100 Republicans have RSVP’d to attend the retreat, which is less than half of the entire conference, according to a GOP source familiar with the attendance sheet. The retreat is scheduled to take place Wednesday and Thursday in West Virginia. Publicly, Republicans have cited a litany of reasons for not attending: from having to tend to reelection…

By Nicole Jao NEW YORK (Reuters) -Oil prices were little changed on Thursday as markets weighed new economic data from China against increasing supply from the Western Hemisphere. futures settled flat at $82.96 a barrel. U.S. West Texas Intermediate crude futures ended 20 cents lower at $78.93. China’s import and export growth beat estimates, suggesting global trade is turning a corner in a positive signal for policymakers as they try to shore up economic recovery. But even as China posted a 5.1% rise in crude imports during the first to months of the year from a year earlier, overall imports…

BERLIN (Reuters) – German inflation eased in January to 3.1%, the federal statistics office said on Friday, confirming preliminary data. German consumer prices, harmonised to compare with other European Union countries, had risen by 3.8% year-on-year in December. The statistics office gives more details on its website. Read the full article here

Even for the healthiest Americans, the cost of health care in retirement can be astronomical. Don’t even get me started on the untenable cost of treating diseases like cancer or Alzheimer’s. A proper retirement income plan will include how you expect to pay for healthcare costs once you retire. What Will A Couple Spend On Healthcare Expenses In Retirement? The average American couple will need around $413,000 to cover their healthcare expenses post retirement. That amount is 8% over the Employee Benefit Research Institute’s (EBRI) estimate for 2023. The good news here is that you don’t necessarily need to have…

Argentina’s Javier Milei has been accused of hypocrisy for orchestrating a substantial increase in presidential pay while pushing through an austerity package, in a scandal that has rocked the right-wing populist’s government.Opposition lawmakers hit out at Milei over the weekend, sharing details on social media that showed his gross monthly salary rising to just over 6 million Argentinian pesos ($7,073 with Argentina’s official exchange rate) last month. It reflected a 48% increase in presidential pay from January.Milei said during a televised interview on Monday that he had ordered the dismissal of Labor Secretary Omar Yasin over the scandal, reportedly saying…

Consumers continued to contend with higher inflation in February, according to new government data.The consumer price index — an inflation measure that tracks changes in the prices of consumer goods and services over time — rose 3.2% from a year ago and 0.4% in February, according to monthly data released by the Bureau of Labor Statistics.Inflation is down from its hottest point in 2022, but is still warm, considering the Federal Reserve’s 2% inflation target. While Americans’ optimism about the economy has improved, many still say that price increases have caused financial hardship, a recent Gallup poll round.February’s monthly increase…

You’d think Boeing’s already miserable 2024 couldn’t get any worse. But on Monday, a 787 Dreamliner plunged suddenly mid-flight, injuring dozens of passengers, after a pilot said he temporarily lost control of the aircraft. The pilot was able to recover and land the plane safely, but it’s not yet clear what caused the LATAM flight from Australia to New Zealand to fall so dramatically. LATAM called it a “technical event.” Boeing said it’s working to gather more information. But it’s not news Boeing’s management (or the flying public) needed right now. The company’s nonstop streak of bad news began the…

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Last updated: March 12, 2024 11:05 EDT | 3 min read LTC has gained by 1% in the past 24 hours, with the Litecoin price’s jump to $96.44 also marking a 21% increase in the past week.The altcoin has also posted a 33% gain in the last 30 days, but with it appreciating by only 40% in the past year, it still has plenty of space left to rise if it wants to catch up with other major tokens.It has had a good week, yet it isn’t the only promising alt in the market, with a new Solana- and Ethereum-based…