Reuters

Central banks around the world risk losing public trust and must now act forcefully to combat inflation, even if that drags their economies into a recession, European Central Bank board member Isabel Schnabel said on Saturday.

European Central Bank policymakers made the case on Saturday for a large interest rate hike next month as inflation remains uncomfortably high and the public may be losing trust in the bank's inflation-fighting credentials.

Cleveland Federal Reserve Bank President Loretta Mester on Saturday said she would base her decision on whether to back a third straight 75-basis point interest rate hike next month on U.S.

Tens of thousands of people fled their homes in northern Pakistan on Saturday after a fast-rising river destroyed a major bridge, as deadly floods cause devastation across the country.

Pope Francis on Saturday inducted 20 cardinals from around the world, choosing men who mostly agree with his vision of a more progressive and inclusive Church and influencing their choice of his eventual successor.

Teams of drillers are working long hours to build wells to fight a devastating drought sweeping parts of China, farmers in Jiujiang city in the country's central Jiangxi province told Reuters on Saturday.

In Poland's late summer heat, dozens of cars and trucks line up at the Lubelski Wegiel Bogdanka coal mine, as householders fearful of winter shortages wait for days and nights to stock up on heating fuel in queues reminiscent of communist times.

Two South Korean companies have signed a $5.76 billion contract with Poland to export tanks and howitzers, Seoul's arms procurement agency said on Saturday, after Warsaw agreed to ramp up arms imports amid tensions with Russia.

India's top crypto app CoinSwitch is cooperating with the national financial-crime agency, whose agents searched its offices this week to find out about its business model and user-onboarding processes, its CEO told Reuters on Saturday.

Montenegro's Danka Kovinic will find herself in an unfamiliar place in the tennis spotlight on the sport's biggest stage on Monday playing the part of potential party pooper at Serena Williams's U.S.

Drenched by heavy rain, parents of the 43 Mexican students who went missing in 2014 held a somber procession through the streets of Mexico City on Friday, as they've done every month since their sons disappeared; but this time was different.

A U.S. judge on Friday recommended that victims of the Sept.

A New Mexico man was charged with attempting to set up a training center for people wishing to fight for Islamic State, the Department of Justice said on Friday.

LGBT activists in Peru held a protest on Friday questioning how their government handled the death of a Peruvian transgender man in Indonesia earlier this month who was detained at the airport upon arriving to celebrate his honeymoon.

Very few people who have gotten monkeypox shots in the United States have received the second dose needed for full protection, U.S.

Etsy Inc said on Friday U.S. sellers on its marketplace will either need to self verify their bank accounts or do it via third-party, riling up sellers over data privacy concerns.

Three years before retiring from the U.S. Army in 2017, Donald Trump-backed Pennsylvania gubernatorial candidate Doug Mastriano posed in Confederate uniform for a faculty photo at the Army War College, according to a copy of the photo obtained by Reuters.

Nicole Aunapu Mann has waited nine long years for her chance to go into space.

The following are quotes from and reactions to the release on Friday under court order of a U.S.

A U.S. appeals court on Friday upheld the decision of the Federal Communications Commission (FCC) to approve a SpaceX plan to deploy some Starlink satellites at a lower Earth orbit than planned as part of its push to offer space-based broadband internet.

Mexican officials hope a newly created state-run lithium company will catapult the country to the vanguard of the green energy revolution, but industry experts told Reuters hefty costs and international indifference are likely to stymie those plans.

An effort by the United Arab Emirates to convince the United States with the help of a wealthy real estate investor to name former congressman Stephen Stockman as U.S.

The accused ringleader of a scheme involving at least 19 former National Basketball Association players to defraud a league health plan into paying millions of dollars for bogus medical procedures pleaded guilty on Friday over his involvement.

Investors are bracing for higher interest rates for longer and hunkering down with defensive portfolios which shun high equities risk, as U.S.

Russia's capabilities in the North are a strategic challenge for NATO, its Secretary General Jens Stoltenberg said on Friday, welcoming Canada's recently announced investments in North American defense systems after making his first visit to the Canadian arctic.

The arrest of a Turkish pop star over a quip she made about religious schools has drawn a fierce response from critics of the government, who see it as bent on punishing those who oppose its conservative views.

The tradeoffs facing global central bankers - between jobs, inflation and growth - are likely to get worse in coming years as the world struggles to right job markets and supply chains, and price pressures continue, Gita Gopinath, the International Monetary Fund's first deputy managing director, told global policymakers on Friday.

TotalEnergies is selling its stake in a Siberian gas field, owned in a joint venture with Novatek, to the Russian oil and gas company, the French energy major said on Friday amid criticism over its business dealings in Russia.

The party that has ruled Angola continuously for nearly 50 years claimed victory on Friday in this week's election, after the electoral commission put its vote at 51% in a poll marred by low turnout and opposition accusations of fraud.