IBT Staff Reporter

Hopes that the Polish central bank's monetary policy tightening cycle may be nearing its end could be shattered by government policies aiming to support domestic demand and ease the pain of inflation in a pre-election year, economists say.

Mexican used-car platform Kavak is investing $180 million to open offices and make its platform available in four new countries, including Turkey - its first location outside Latin America, the company said Wednesday.

On July 11 last year, Cuba appeared poised for political change.

South African mourners gathered in the coastal city of East London on Wednesday to grieve the still-mysterious deaths of 21 teenagers in a poorly ventilated local tavern 10 days ago.

South African mourners gathered in the coastal city of East London on Wednesday to grieve the still-mysterious deaths of 21 teenagers in a poorly ventilated local tavern 10 days ago.

OPEC secretary general Barkindo dies unexpectedly at 63

The European Union plans to become the top investor in the world's tallest dam in Tajikistan, EU officials told Reuters, in a move aimed at helping Central Asia cut its reliance on Russian energy and part of EU's answer to China's Belt and Road Initiative.

Britain's financial services minister John Glen resigned on Wednesday in protest against Prime Minister Boris Johnson, just days before the government is due to unveil a draft law to "reset" a post-Brexit financial sector.

French Prime Minister Elisabeth Borne said on Wednesday her minority government wanted to reform pensions, nationalise the main utility EDF and shield citizens from raging inflation, urging the opposition to work with her to avoid policy gridlock.

French Prime Minister Elisabeth Borne said on Wednesday her minority government's top priority would be to confront a cost of living crisis, as she urged the opposition to work with her to avoid policy gridlock.

France's government and opposition must "talk to each other better" to avoid political paralysis and confront a cost of living crisis, Prime Minister Elisabeth Borne said on Wednesday, addressing the new parliament in which she lacks an overall majority.

French Prime Minister Elisabeth Borne urged the opposition to be open to building compromises as she set out her minority government's priorities on Wednesday, spelling out how she will try to navigate a new era of political uncertainty.

Britain's new finance minister, Iraqi-born Nadhim Zahawi, has inherited a cost-of-living crisis that risks pushing the UK economy into recession.

Argentina's leftist populist Vice President Cristina Fernandez de Kirchner is gaining power behind the scenes after a government shakeup, redrawing battle lines within a weakened ruling Peronist coalition ahead of elections next year.

It's not a great time to be a hummus fan.

If history is any indicator of the future, the first two weeks of July could bring relief to investors after a bruising first half of the year.

Pope Francis said he wants to give women more top-level positions in the Holy See and disclosed that for the first time he would name women to a previously all-male Vatican committee that helps him select the world's bishops.

Years-long travel bans and asset freezes against some of Egypt's most prominent activists are being used to muzzle civil society and are exacting lasting damage on the personal lives of those targeted, according to two reports by human rights groups.

Spain's labour market buoyed by key reform

Rafael Nadal shrugged off fresh concerns over his fitness as he targets a place in the Wimbledon semi-finals on Wednesday.

The man accused of killing seven people and wounding dozens of others at an Independence Day parade outside of Chicago admitted to authorities that he carried out the shooting, a prosecutor said on Wednesday during the suspect's first court appearance.

The man accused of spraying gunfire into a Chicago-area Independence Day parade from a rooftop made his first court appearance on Wednesday to face seven first-degree murder charges, being denied release on bail in connection with the latest U.S.

The man accused of spraying gunfire into a Chicago-area Independence Day parade from a rooftop, turning a holiday celebration into a killing field, was due to make his first court appearance on Wednesday to face seven first-degree murder charges.

The man accused of spraying gunfire into a July Fourth parade from a Chicago-area rooftop, turning a holiday celebration into a killing field, was due to make his first court appearance on Wednesday to face seven first-degree murder charges.

Sri Lanka's president on Wednesday said he urged Russian leader Vladimir Putin to help his cash-strapped island nation import fuel as it faces its worst economic crisis in seven decades.

Sri Lanka will hold road shows in five key Indian cities to attract more visitors from its populous northern neighbour in a bid to bring more foreign currency into the crisis-hit island, its tourism minister said on Wednesday.

Sri Lanka will hold road shows in five key Indian cities to attract more visitors from its populous northern neighbour in a bid to bring more foreign currency into the crisis-hit island, its tourism minister said on Wednesday.

Fresh Covid outbreaks put millions under lockdown in China

Bank of England chief economist Huw Pill warned on Wednesday that Britain's economy would slow to a crawl over the next 12 months and repeated his preference for a "steady-handed" approach to raising interest rates.