ECB hikes interest rates to multi-year highs

Inflation across the Eurozone is expected to remain “too high for too long,” the regulator has warned The European Central Bank (ECB) raised interest rates for the ninth consecutive time on Thursday, indicating further tightening amid stubbornly high inflation and a growing risk of recession in the euro zone.

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Taiwan probes claims of submarine program data leak

Prosecutors have launched an inquiry into allegations that information about its newest vessel was leaked to Beijing Taiwanese prosecutors are investigating allegations that information about its first domestically produced submarine was leaked to Beijing. The vessel in question, named ‘Hai Kun’ in Chinese and ‘Narwhal’ in English, was unveiled on Thursday.

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Sanctions on kids’ center are ‘height of insanity’ – Kremlin

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