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Crude Oil Stabilizes Amid Fuel Demand Worries and Weak China Data

RIYADH: Oil prices steadied on Thursday, a day after rising sharply on a bigger-than-expected fall in US inventories, as attention shifted back to rising interest rates denting global economic growth.  Brent crude futures was up 37 cents, or 0.50 percent, to $74.40 a barrel by 02:41 p.m. Saudi time, while US West Texas Intermediate crude futures rose 39 cents, or 0.56 percent, to $69.95 a barrel.

Prigozhin’s Uprising Threat Echoes Russia’s History of Failed Wars

Putin may yet suffer the fate of many czars before him: a military uprising fueled by the blowback of a failing war.

The post Yevgeny Prigozhin’s Threatened Uprising Against Putin Echoes Russia’s History of Wars Gone Bad appeared first on The Intercept.

“World Bank Offers Repayment Pause to Nations in Crisis”

PARIS: The head of the World Bank said Thursday that the lender planned to introduce a “pause” mechanism for debtor countries in the event of them being hit by a crisis. Ajay Banga told a summit on financing the fight against climate change that the multilateral lender would adopt a new approach that “significantly expands the World Bank’s toolkit.” The most important measure would be offering “a pause on debt repayments so countries can focus on what matters when a crisis hits and stop worrying about the bill that is going come,” he added.

Turkey seeks to host football Euros following Champions League final

GENEVA: Turkiye’s quest to host the men’s European Championship is among the great unfulfilled goals in world soccer. Having newly re-elected state President Recep Tayyip Erdoğan sit next to UEFA leader Aleksander Čeferin at the Champions League final in Istanbul on Saturday should only help before Turkiye’s next two tournament bids are put to votes on Oct. 10.

Stuttgart triumphs over Hamburg 3-0 in Bundesliga playoff first leg

STUTTGART: Hamburger SV’s five-year wait to rejoin the Bundesliga looks set to continue. Serhou Guirassy helped to put Stuttgart in a commanding position to keep their place in Germany’s top division with a 3-0 win over Hamburg on Thursday in the first leg of their playoff. Guirassy had failed to make the most of a one-on-one chance and had a penalty saved in the first half, but the Guinea forward grabbed Stuttgart’s third goal early in the second half.

Pochettino to Rebuild Chelsea: A New Challenge

LONDON: Mauricio Pochettino is back in the Premier League with the tough task of putting the pieces back together after Chelsea's disastrous first season under their new ownership. The Argentine will take charge of a club that finished 12th in the Premier League despite an eye-watering outlay of more than £550 million ($678 million) on new players under Todd Boehly's consortium. Pochettino made his name in management by making the most of meagre resources at Espanyol, Southampton and particularly during a five-year stint at Tottenham.

Air Strikes in Sudan Increase as Ceasefire Nears Expiration

Fighting between the army and RSF paramilitary rages for a second straight day in West Darfur's capital, Geneina.

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