Reuters

The Bank of England must stick to its plan to quash the surge in inflation even if it means more pain for Britain's economy, Deputy Governor Dave Ramsden said, adding the new government's tax cuts could add to the inflation challenge.

The United States on Friday imposed new sanctions following North Korea's latest missile launches this week, targeting a fuel procurement network that Washington said supports Pyongyang's weapons programs and its military.

Lesotho citizens voted in a parliamentary election on Friday that political analysts said could see the ruling party lose power after years of political instability that the southern African mountain kingdom's lawmakers have failed to resolve.

When Hurricane Ian ripped through western Cuba last week, tobacco farmer Victoriano Maqueira lost the two large barns he used for drying his crop, as well as his dogs, chickens, a pig, his television and the roof off his home.

Alberta's incoming premier has set the stage for a showdown with Canada's federal government and push back against federal laws which is likely to set the oil-rich province on a collision course with Prime Minister Justin Trudeau.

Pakistan said on Friday it "strongly contests" a ratings downgrade by agency Moody's, adding that it had adequate liquidity and financing arrangements to meet its external liabilities despite being hit by catastrophic floods.

Norway has deployed a specialist vessel to inspect a subsea gas pipeline to Germany because of safety concerns after suspected sabotage last month on two Nord Stream pipelines between Russia and Germany, according to sources and data.

Leftist Brazilian presidential candidate Luiz Inacio Lula da Silva can defend his lead against right-wing incumbent Jair Bolsonaro by appealing to voters who snubbed both in the first round of voting, according to political analysts and pollsters.

Ricky Moran, a shrimper who worked and slept on the boat he captained out of Fort Myers Beach, lost both a secure livelihood and a safe place to live when Hurricane Ian roared into southwest Florida and smashed the trawler he calls home.

The biggest U.S. banks are expected to report weaker third-quarter profits as the economy slowed and volatile markets put the brakes on dealmaking.

The impact of a new "anti-woke" Texas law designed to protect fossil fuel companies is about to be tested after state agencies reported their holdings in BlackRock Inc and other firms that have been censured by State Comptroller Glenn Hegar.

Dropping job vacancies, a dip in rental costs and signs of growing consumer caution may bolster the Federal Reserve's hopes it can still slow the U.S.

Jailed Belarusian activist Ales Byalyatski, Russian organisation Memorial and Ukrainian group Center for Civil Liberties won the 2022 Nobel Peace Prize on Friday, highlighting the significance of civil society for peace and democracy.

The battle to hold a second Scottish independence referendum moves to Britain's top court next week when it hears arguments for allowing a secession vote in a year's time without approval from British Prime Minister Liz Truss and her government.

Malaysia on Friday unveiled a smaller budget for 2023 and warned of an economic slowdown but, with a possible national election in the offing, also announced cash aid and tax cuts.

More than 13 years after an Air France jet plunged into the Atlantic, killing all 228 people on board, the French carrier and planemaker Airbus go on trial in a Paris court next week with relatives seeking "light at the end of a long tunnel".

Life is tough for asylum seekers in Italy - most are denied refugee status, barred from legal employment and, polls suggest, face discrimination.

Indian car makers have proposed cutting to 30% the tax rate on imported cars as part of a trade deal with Britain, sources told Reuters, an unprecedented move that could ease access to one of the world's most protected automobile markets.

European shares slipped on Friday, led by semiconductor firms after weak earnings and forecasts from Samsung and Advanced Micro Devices, while recession fears lingered amid signs that central banks would remain aggressive with policy tightening.

Samsung Electronics Co Ltd flagged a worse-than-expected 32% drop in quarterly operating earnings on Friday, as an economic downturn slashed demand for electronic devices and the memory chips that go in them.

President Vladimir Putin turned 70 on Friday amid fawning congratulations from subordinates and a plea from Patriarch Kirill for all lay and clergy to pray for the health of the longest serving paramount leader of Russia since Josef Stalin.

Indonesia is in talks with several African countries, including Nigeria, to export and donate its homemade COVID-19 vaccine, its developer said on Friday, after becoming the first country in Southeast Asia to approve a domestically developed COVID shot.

The U.N. rights body on Thursday renewed the mandate of a U.N.

Credit Suisse will buy back up to 3 billion Swiss francs ($3 billion) of debt, the embattled Swiss bank said on Friday, making a show of strength as it seeks to reassure investors after a tumultuous week.

Japan's current account surplus is likely to have deteriorated in August as the weak yen continues to inflate the cost of imports, casting doubt on the country's ability to amass foreign wealth and eroding the currency's prized safe-haven status.

More than a decade after he fled to sanctuary in northern Iraq, Iranian Kurdish activist Sirvan Hassan can't keep his eyes off news of the protests which have swept Iran over the death of young Kurdish woman Mahsa Amini in police custody last month.

North Korean leader Kim Jong Un sent a birthday greeting to Russian President Vladimir Putin this week, congratulating him for "crushing the challenges and threats of the United States", the latest sign of deepening ties between the two pariah states.

A towering rally in the U.S. dollar is expected to hit third-quarter corporate earnings, potentially presenting another obstacle to stocks in a year that has experienced an already-painful market decline.

Leaders of European Union countries will debate whether and how to cap gas prices on Friday, after member states increased the pressure on Brussels to limit fuel costs.