Town Hall News

(Reuters) -A major incident has been declared after about 200 barrels of reservoir fluid leaked into the water at Poole Harbour in Dorset, southern England, on Sunday, the BBC reported. The leak occurred at a pipeline operated by Perenco, under Owers Bay, according to the report, citing Poole Harbour Commissioners (PHC). PHC has activated its oil spill plan and the pipeline had been shut down, with booms placed on either […]

By Howard Schneider WASHINGTON (Reuters) – Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the U.S. closer to recession, Minneapolis Fed president Neel Kashkari said Sunday in comments to CBS show Face the Nation. “It definitely brings us closer,” Kashkari said. “What’s unclear for us is how much of these banking stresses are leading to a widespread credit crunch. That credit crunch … […]

By Howard Schneider and Tom Sims WASHINGTON/FRANKFURT (Reuters) – Stress in the banking sector is being closely monitored for its potential to trigger a credit crunch, a U.S. Federal Reserve policymaker said on Sunday, as a European Central Bank official also flagged a possible tightening in lending. Authorities around the world are on high alert for the fallout from recent turmoil at banks following the collapse in the United States […]

(Reuters) – A major incident has been declared after about 200 barrels of reservoir fluid leaked into the water at Poole Harbour in Dorset, southern England, on Sunday, the BBC reported. The leak occurred at a pipeline operated by Perenco, under Owers Bay on Sunday, according to the report, citing Poole Harbour Commissioners (PHC). PHC did not immediately respond to a Reuters request for a comment. (Reporting by Maria Ponnezhath […]

By Martyn Herman LONDON (Reuters) -Harry Kane underlined his status as England’s greatest international goalscorer and Bukayo Saka dazzled again in a comfortable 2-0 win over Ukraine to put Gareth Southgate’s team in control of Euro 2024 qualifying Group C on Sunday. Fresh from scoring his 54th goal in the 2-1 victory over Italy on Thursday, Kane made up for a couple of missed chances to break the stalemate in […]

By Howard Schneider WASHINGTON (Reuters) – Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the U.S. closer to recession, Minneapolis Fed president Neel Kashkari said Sunday in comments to CBS show Face the Nation. “It definitely brings us closer,” Kashkari said. “What’s unclear for us is how much of these banking stresses are leading to a widespread credit crunch. That credit crunch … […]

By Kanishka Singh and Leah Douglas WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy said on Sunday lawmakers will move forward with legislation to address national security worries about TikTok, alleging China’s government had access to the short video app’s user data. In the United States, there are growing calls to ban TikTok, owned by China-based company ByteDance, or to pass bipartisan legislation to give President Joe Biden’s […]

By Dan Peleschuk KYIV (Reuters) -NATO on Sunday criticised Vladimir Putin for what it called his “dangerous and irresponsible” nuclear rhetoric, a day after the Russian president said he planned to station tactical nuclear weapons in Belarus. Putin likened the move on Saturday to the U.S. stationing its weapons in Europe, while insisting that Russia would not violate its nuclear non-proliferation promises. Although not unexpected, the plan is one of […]

By Howard Schneider and Tom Sims WASHINGTON/FRANKFURT (Reuters) -Stress in the banking sector is being closely monitored for its potential to trigger a credit crunch, a U.S. Federal Reserve policymaker said on Sunday, as a European Central Bank official also flagged a possible tightening in lending. Authorities around the world are on high alert for the fallout from recent turmoil at banks following the collapse in the United States of […]