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Federal Reserve to slash staff by 10% over several years
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| Chair Jay Powell says US central bank is seeking to ensure it is a ‘responsible steward of public resources’ |
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China suspends chicken imports from Brazil due to detection of bird flu
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| South American nation had been the last big producer not affected by the outbreak |
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Jumbo diplomatic gifting
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| An age-old instrument of statecraft is being updated for the billionaire era |
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Locked up and re-elected: Philippines’ Rodrigo Duterte wins poll from cell in The Hague
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| Former president’s victory in Davao mayoral race signals resurgence of family dynasty |
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Flatter or confront? How world leaders are dealing with Trump
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| Four months after Donald Trump returned to the White House, governments are still agonising over how to approach an erratic, unpredictable American president |
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Investors brace for turbulence in Romanian markets as election looms
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| Traders fear political uncertainty will make tackling huge budget deficit more difficult |
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Breaks in eastern Europe offer best value for Britons, cost survey finds
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| Post Office Money report finds Latvia’s capital most competitive on price |
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Putin’s peace theatre keeps Trump watching — and Kyiv waiting
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| Russia’s president slow rolled negotiators and failed to attend talks. But his gamble met little US resistance |
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Middle East & North Africa
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Israel launches new round of strikes against Houthis in Yemen
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| Bombing of two ports comes after rebels repeatedly fired missiles into Israel despite truce with US |
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UK rich explore ‘10 years out, 9 years in’ to escape inheritance tax net
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| Expat Britons are no longer liable for death duties after spending a decade abroad under last year’s Budget changes |
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Keir Starmer considers partial retreat on winter fuel cuts
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| UK government figures say the policy was widely blamed for Labour’s losses in this month’s local elections |
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Thames Water on collision course with government over bonuses
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| Utility claims new legislation to block bonuses will not capture ‘retention payments’ |
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