2023-03-06

The latest news from Reuters

World News

Ukrainian servicemen fire a 2S5 Giatsint-S self-propelled howitzer towards Russian troops outside Bakhmut, March 5, 2023. REUTERS/Anna Kudriavtseva

Wagner chief Yevgeny Prigozhin said Russia’s front lines near Bakhmut could collapse if his forces did not receive the ammunition promised by Moscow in February. Follow the latest news from Russia’s war on Ukraine.
A suicide bomber rammed a motorcycle into a police truck in southwestern Pakistan, killing nine policemen, a police spokesman said. Mehmood Khan Notizai told Reuters the latest attack targeting police took place in Sibbi some 160 km east of Quetta.
Greeks continue to protest over the head-on collision of a passenger train and a freight carrier on the Athens-Thessaloniki route that killed 57 people. Clashes erupted between police and demonstrators in Athens on Sunday, after thousands rallied to protest.
Iran’s supreme leader Ayatollah Ali Khamenei said the poisoning of Iranian schoolgirls in recent months is an „unforgivable” crime amid incidents across the country that have seen hundreds of girls hospitalised. The World News Podcast considers the outrage in Iran over the schoolgirl poisonings and what it could mean for the country’s clerical leaders.
Tunisia’s president denounced racism and pointed to possible legal consequences for perpetrators 10 days after announcing a crackdown on illegal migration using language the African Union condemned as „racialised hate speech„.

Business & Markets

A Tesla Model X is shown at a Tesla service center in Costa Mesa, California, U.S., October 20, 2020. REUTERS/Mike Blake

Tesla has cut prices on its two most expensive electric vehicles in the United States, days after Elon Musk said recent price cuts on other models had stoked demand. The price cuts, Tesla’s fifth adjustment since the start of the year, ranged from 4% to 9%.
Harris Associates, one of Credit Suisse’s major shareholders, has sold its stake in the Swiss bank over the past few months, said the deputy chairman and chief investment officer of the activist Chicago-based investor, David Herro.
Extreme weather caused by climate change could cost Germany up to 900 billion euros in cumulative economic damage by mid-century, a study showed, as Europe’s biggest economy seeks climate adaptation measures to cut the damages bill.
Stock market investors are calling time on the idea that the Federal Reserve, and other major central banks, have their back. Hopes for interest rate cuts by year-end have evaporated, given resilient data and sticky inflation.
The Turkish Competition Board said it had decided to fine billionaire Elon Musk 0.1% of Twitter’s gross income in Turkey in 2022, as his takeover of the company occurred without the board’s permission. The board said in a statement that the ruling would be open to a legal challenge.

U.S. News

Likely 2024 Republican presidential candidate Ron DeSantis speaks in California, March 5, 2023. REUTERS/Allison Dinner

Florida Governor Ron DeSantis took his fight against liberalism deep into the Democratic territory of California, part of a national road show as he lays the ground for an expected White House bid.
President Joe Biden pressed for the passage of measures to strengthen U.S. voting rights during a visit to Selma, Alabama, to commemorate the 58th anniversary of „Bloody Sunday,” when state troopers beat peaceful protesters marching against discrimination.
As the 2024 presidential race kicks into gear, local Republican party organizations are consumed by rebellions, infighting and court battles that some officials and strategists said could damage the party’s chances of winning back the White House.
Three U.S. airlines agreed to eliminating family seating fees if adjacent seats are available during booking. Under pressure from the Biden administration, American Airlines, Alaska Airlines, and Frontier Airlines will include the guarantee in customer service plans.
Defense Secretary Lloyd Austin, in Jordan to begin a three-country Mideast visit, is aiming to reassure key allies of American commitment to the region despite Washington’s recent focus on Russia and China, officials said, but plans frank messages for leaders of Israel and Egypt.

And finally

Choi Seo-eun, a participant in Single’s Inferno 2, embraces a fan during a fan meeting event in Seoul, South Korea, February 11, 2023. REUTERS/Soo-hyeon Kim