Washington CNN — Mortgage rates have taken would-be buyers on a ride this year — and it’s only March. Generally, home buyers can anticipate mortgage rates to move down through the rest of this year as the banking crisis drags on, which could cool down inflation. But there are bound to be some bumps along … Read more
CNN — When EU lawmakers voted to ban the sale of new combustion engine cars in the bloc by 2035, it was a landmark victory for climate. In February, the European Parliament approved the law. All that was needed was a rubber stamp from the bloc’s political leaders. Then Germany changed its mind. In a … Read more
Paris CNN — French transport networks, oil refineries and schools were hit by widespread disruption Thursday as workers staged a national strike to protest an increase in the retirement age that was pushed through parliament without a vote. Though sporadic demonstrations had popped up in Paris and other cities after the French government forced the … Read more
CNN — North Korea must be ready to launch nuclear counter strikes at any time to deter war, state media quoted leader Kim Jong Un as saying on Monday, as he accused the United States and South Korea of expanding joint military drills near the country’s doorstep. Kim’s remarks came after “guiding” combined tactical drills … Read more
CNN — A farmers’ protest party in the Netherlands has caused a shock after winning provincial elections this week just four years after their founding. Could their rise have wider implications? The Farmer-Citizen Movement or BoerburgerBeweging (BBB) grew out of mass demonstrations against the Dutch government’s environmental policies, protests that saw farmers using their tractors … Read more
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — After Silicon Valley Bank and Signature Bank failed, the US government stepped in with … Read more
Canberra, Australia CNN — More than a year after the United States, the United Kingdom and Australia dropped the tightly held news they were combining submarine forces, the trio released more details Monday of their ambitious plan to counter China’s rapid military expansion. Under the multi-decade AUKUS deal, the partners will build a combined fleet … Read more
San Diego CNN — President Joe Biden was flanked on Monday by a 377-foot submarine – the USS Missouri – as he announced an accelerated timeline for Australia to receive its own nuclear-powered submarines early next decade. But looming much larger was the increasingly tense US relationship with China, which has emerged as a central … Read more
Cyclone Freddy battered central Mozambique on Sunday after making landfall for a second time in a month, breaking records for the duration and strength of tropical storms in the southern hemisphere. Communications and electricity supply in the storm area have been cut so the extent of the damage and number of casualties were not clear. … Read more
Paris CNN — The City of Lights has a garbage problem. Massive strikes in Paris against pension reform this week are affecting trash pickup services in the French capital, with piles of waste sitting on many of the city’s normally picturesque streets, including those just steps from monuments like the Eiffel Tower and the Arc … Read more