The world in brief – Monday, October 3, 2022

In Yemen, warring sides fail to extend cease-fire: Yemen’s warring sides have failed to reach an agreement to extend a nationwide ceasefire, endangering the longest lull in fighting since the country’s bloody eight-year civil war began. The truce was brokered by the United Nations in April and has been renewed twice. The conflict began inContinue reading “The world in brief – Monday, October 3, 2022”

The world in brief – Friday, September 30, 2022

In India, central bank hikes interest rate: The Reserve Bank of India raises its benchmark repo rate by 50 basis points on Friday, the fourth straight increase, as policymakers extend their battle to tame stubbornly high inflation and analysts say further tightening is on the cards. The monetary policy committee (MPC), comprising three members fromContinue reading “The world in brief – Friday, September 30, 2022”

The world in brief – Thursday, September 29, 2022

In Spain, wealthy residents face new asset tax: Spain’s Socialist-led coalition government has said that residents whose wealth exceeds 3 million euros ($2.9m) will be subject to a new asset tax in 2023 and 2024. Finance Minister María Jesús Montero on Thursday described the temporary wealth tax, which she said will affect 23,000 people, orContinue reading “The world in brief – Thursday, September 29, 2022”

The world in brief – Monday, September 26, 2022

In Russia, enlistment officer shot in protest of mobilization: A young man shot a Russian military officer at close range at an enlistment office Monday, in an unusually bold attack reflecting resistance to the Russian leadership’s efforts to mobilize hundreds of thousands of men to wage war on Ukraine. The shooting comes after scattered arsonContinue reading “The world in brief – Monday, September 26, 2022”