A Russian-installed official in southern Ukraine said Moscow will likely pull its troops from the west bank of the Dnipro River in Kherson and urged civilians to leave, possibly signalling a retreat that would be a setback to Russia’s war.

The EU should speed up the integration of the Western Balkan states in order to ensure that other powers could not exert influence over the EU’s immediate neighbourhood, Integration Minister Susanne Raab said in Berlin on Thursday.

…When central banks were able to suppress interest rates well below the trend rate of nominal GDP growth, these magnified debt burdens were supportable….

The UK is facing a recession that will last at least one year, the Bank of England warned on Thursday after increasing interest rates to 3% from 2.25%, the biggest jump since 1989.

…sector mix theory. It must explain a bit of the difference. Information technology is a quarter of the S&P and less than 1 per…

…And the Bank of England is saying pretty much just the opposite, like we’re topping out basically right around here….

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…Now sceptics like short seller Jim Chanos wonder how the operations will fare as central banks continue their rate increases to combat inflation….

…In 1990 he pleaded guilty to bank fraud and received probation for his role in a sham financial transaction with Charles Keating, the Arizona property tycoon who was at the centre of a historic scandal in…

…In the US, credit card data show slight weakening in luxury spending — a 5 to 6 per cent decline in September year on year, after a 2-4 per cent decline in August — according to Bank of America and Mastercard…