World News: 9 June 2022

Russia Says West Risks 'Direct Military Clash' Over Cyber Attacks
Russia warned the West on Thursday that cyber attacks against its infrastructure risked leading to direct military confrontation, and that attempts to challenge Moscow in the cyber sphere would be met with targeted countermeasures.

Read more...


U.S. weekly jobless near five-month high; labor market still very tight
The number of Americans filing new claims for unemployment benefits increased to the highest level in nearly five months last week, but that likely does not mark a material shift in labor market conditions, which remain extremely tight.

Read more...


Stocks, euro slip as ECB set to join rate hike club
Benchmark European borrowing costs hit an 8-year high on Thursday and the euro fell as the European Central Bank signalled it will hike euro zone interest rates next month for the first time in a decade.

Read more...


South African president grilled in Parliament on farm theft
South African President Cyril Ramaphosa was confronted in Parliament Thursday by opposition politicians who pressed him to step down from office pending a criminal investigation into allegations that he covered up a theft from his rural game farm.

Read more...


Almost all of Portugal in severe drought after hot, dry May
The month of May was the hottest in the southern European country for the last 92 years, weather service IPMA said in its monthly climate report.

Read more...


Thailand makes marijuana legal, but smoking discouraged
The public health minister's plan to distribute 1 million marijuana seedlings, beginning Friday, has added to the impression that Thailand is turning into a weed wonderland.

Read more...


Comments