World News

BTS to fulfil military service obligations, agency says

The members of the K-pop supergroup BTS will enlist in the military, their agency said Monday, putting an end to a years-long debate on whether the stars deserved exemptions from mandatory service.. Exemptions from military service are granted to some elite athletes, such as Olympic medallists, and to classical musicians -- but pop stars do not qualify.

Credit Suisse to pay $495 mn in US to settle securities case

Credit Suisse said Monday it would pay $495 million to settle a row over mortgage-backed securities dating back to the 2008 financial crisis.. Last year, Credit Suisse also paid $600 million to financial guarantee insurer MIBA to settle other long-running litigation connected to the US subprime mortgage crisis.

UK brings forward fiscal measures after budget turmoil

Britain's new finance minister Jeremy Hunt will unveil tax and spending measures later Monday, bringing forward part of his fiscal plan to calm markets after a botched debt-fuelled budget.. Hunt, who was parachuted into the job on Friday to replace sacked Kwasi Kwarteng, will "make a statement bringing forward measures from the medium-term fiscal plan" that is due on October 31, the Treasury said in a statement.

Russian 'kamikaze drones' strike Kyiv: Ukraine

Russian-launched "kamikaze drones" attacked Kyiv early Monday, the Ukrainian presidency said, describing the strikes as an act of desperation nearly eight months into a war that has claimed thousands of lives.. - 'Iranian drones' - Ukrainian President Volodymyr Zelensky last week said Iranian drones were used in Russian attacks on energy infrastructure in several Ukrainian cities, although Tehran denies supplying Russia with weapons for the war.

Portugal bets all on renewables after abandoning coal

As the UN steps up calls to make the switch to renewable energy to fight the global climate emergency, Portugal is among the first European Union countries to abandon coal.. The UN's World Meteorological Organization called Tuesday for the world to double the supply of electricity from renewables by 2030 to prevent climate change from undermining global energy security.

Age, health on the ballot in Brazil's Bolsonaro-Lula runoff

One is a 67-year-old who has been in and out of hospital over the past four years for gastric problems.. The issue has gained prominence in a relatively young country -- median age: 32.8 -- where many voters are frustrated over the lack of new options, given that the clash pits the man who has led Brazil for the past four years against the one who led it for eight in the 2000s.

EU to launch training mission for Ukraine troops

The EU is set to step up its military support for Ukraine on Monday by launching a mission to train 15,000 Ukrainian soldiers and providing 500 million euros more for weapons.. The exact amount should be agreed on Monday, along with a new tranche of 500 million euros ($486 million) in EU central funding to help cover the costs of arms sent to Ukraine.

Brazil's Bolsonaro, Lula in first head-to-head debate

Far-right incumbent Jair Bolsonaro and leftist challenger Luiz Inacio Lula da Silva traded jabs and insults as they squared off Sunday in their first-ever head-to-head debate, two weeks from Brazil's presidential runoff election.. Bolsonaro's stronger-than-expected performance has given him an aura of momentum heading into the runoff, and increased speculation over the possibility of another surprise in two weeks' time.

Oldest author in contention as UK's Booker prize returns in full

Britain's Booker Prize for fiction on Monday holds its first large-scale awards ceremony since 2019 with six novels in the running -- including the oldest author yet nominated, and the shortest book.. The Booker is Britain's foremost literary award for novels written in English.

Senegal not giving up on oil and gas

The new offshore gas terminal appears through the morning mist cloaking the Atlantic Ocean near Saint Louis, where Senegal meets Mauritania.. Behind him more than a dozen of his comrades chant rhythmically as they push their multicoloured canoe over the sand, following centuries-old traditions on a narrow strip of land separating the Senegal river from the Atlantic Ocean.