IBT Staff Reporter

Oil prices edged lower on Monday in a volatile session as investors waited for any moves against Russian oil and gas exports that might come out of a meeting of leaders of the Group of Seven (G7) nations in Germany.

Oil prices edged down on Monday in a volatile session as investors stood on guard for any moves against Russian oil and gas exports that might come out of a meeting of leaders of the Group of Seven (G7) nations in Germany.

Oil prices slipped more than $1 a barrel on Monday as global economic concerns depressed the oil demand outlook while investors eyed the G7 meeting this week for possible moves on Russian oil exports and a revival of the Iran nuclear deal.

NATO leaders will urge Turkish President Tayyip Erdogan to lift his veto over Finland and Sweden's bid to join the military alliance when they meet for a three-day summit on Tuesday, as the West strives to send Russia and China a signal of resolve.

Ecuadorean President Guillermo Lasso said on Sunday he would cut prices for gasoline and diesel by 10 cents a gallon, the latest concession to try to end nearly two weeks of anti-government protests in which at least six people have died.

Places including U.S. states that have legalized cannabis appear to have increased its regular use, while COVID lockdowns had a similar effect, raising the risk of depression and suicide, a U.N.

Peru's truckers and some farm groups will go on strike on Monday after failing to reach agreements with the government seeking measures to reduce the impact of steep global price rises of fuel and fertilizer, sector leaders said on Sunday.

Japanese farmer Kiyoharu Hirao has started to add more rice to the mix he gives his cattle in order to stretch his money further as a plunging yen drives up the cost of imported corn used in animal feed.

Violence at Spanish enclave sparks fear of worse to come

Israel's defence minister on Sunday said policy on the Iranian nuclear talks was set by the government, not the security forces, after a newspaper reported that key Israeli generals favour a deal between Tehran and world powers.

People attending Pride celebrations hosted by LGBTQ+ communities across the United States this weekend expressed outrage at the Supreme Court's decision to overturn the constitutional right to abortion, and a wave of anti-transgender legislation.

Pride celebrations hosted by LGBTQ communities across the United States this weekend took on a tone of outrage following the Supreme Court's decision to overturn the constitutional right to abortion and a wave of anti-transgender legislation.

Pride celebrations hosted by LGBTQ communities across the United States this weekend took on a tone of outrage following the Supreme Court's decision to overturn the constitutional right to abortion and a wave of anti-transgender legislation.

Menswear regains its muscle at Paris Fashion Week

Leading Democratic women called on President Joe Biden and Congress on Sunday to protect abortion rights nationwide after the U.S.

G7 touts $600 bn global infrastructure plan to rival China

Long road ahead to hammer out UN biodiversity blueprint

Police investigate deaths of 21 teenagers at S. African tavern

Panned by critics for dragging his feet on Ukraine, called a "sulky liver sausage" by the Ukrainian ambassador, German Chancellor Olaf Scholz on Sunday won public praise from a man he has long privately admired: U.S.

Group of Seven leaders pledged on Sunday to raise $600 billion in private and public funds over five years to finance needed infrastructure in developing countries and counter China's older, multitrillion-dollar Belt and Road project.

Lebanon's top Christian cleric urged fractious politicians on Sunday to speed up the formation of a government to allow authorities to prepare for presidential elections due before the end of October.

Israel's cabinet approved issuing 3,500 additional permits for Palestinian workers in Israel's manufacturing and services sectors, increasing the number to 12,000 to help relieve a shortage of skilled staff, the Economy Ministry said on Sunday.

Norway pays tribute to victims of Oslo shooting

Carrying the hammer and sickle flags of the former Soviet Union, thousands protested in Madrid on Sunday against a NATO summit which will take place in the Spanish capital next week.

The deadly rampage by a gunman at a gay bar and another venue in central Oslo on Saturday will not put an end to the fight for the rights of all individuals to live a free and safe life, Norwegian Prime Minister Jonas Gahr Stoere said on Sunday.

Mud, sweat and cheers: Traditional Thai water buffalo race enthralls crowds

Russia defaulted on its international bonds for the first time in more than a century, the White House said, as sweeping sanctions have effectively cut the country off from the global financial system, rendering its assets untouchable.

Russia defaulted on its foreign sovereign bonds for the first time since the Bolshevik revolution, as sweeping sanctions effectively cut the country off from the global financial system and rendered its assets untouchable to many investors.

Russia looked set for its first sovereign default in decades as some bondholders said they had not received overdue interest on Monday following the expiry of a key payment deadline a day earlier.