While You Were Sleeping: 5 stories you might have missed, May 2, 2022

EU to suggest phasing out Russian oil in new sanctions wave

The European Union will suggest a phased out ban on Russian oil imports as a part of its contemporary spherical of sanctions towards Russia for its invasion of Ukraine, sources stated on Sunday.

The European Commission, which attracts up sanctions for the EU’s 27 international locations, is at present getting ready the textual content, which may very well be put to the member states as early as Wednesday, diplomats stated.

Several diplomats stated the ban on oil was made potential after a coverage U-turn by Germany, which had resisted the measure, seeing it as too disruptive and doubtlessly dangerous to its financial system.

To placate doubters, the fee will suggest to part within the ban over six to eight months, giving international locations time to diversify their provide, the sources stated.

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Violence erupts in May Day protests in Paris, marchers criticise re-elected Macron

Police fired tear gasoline to push again black-clad anarchists who ransacked enterprise premises in Paris on Sunday throughout May Day protests towards the insurance policies of newly re-elected President Emmanuel Macron.

Thousands of individuals joined May Day marches throughout France, calling for wage will increase and for Macron to drop his plan to lift the retirement age.

Most had been peaceable however violence broke out within the capital, the place police arrested 54 individuals, together with a girl who attacked a fireman making an attempt to place out a fireplace, Interior Minister Gerald Darmanin stated on Twitter. Eight police had been injured, he added.

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Mufti’s workplace explains why Singapore Muslims rejoice Hari Raya on Tuesday, not like others within the area

Some Muslims in Singapore have been questioning why Hari Raya Puasa right here falls on Tuesday when neighbouring international locations Malaysia, Indonesia and Brunei are celebrating the pageant on Monday.

Singapore Mufti Nazirudin Mohd Nasir, the Republic’s high Islamic chief, introduced on Sunday night time that Muslims right here will rejoice Hari Raya Puasa, often known as Hari Raya Aidilfitri, on Tuesday.

This is as a result of in keeping with astronomical calculations, the crescent moon for the Islamic month of Syawal, which follows Ramadan, didn’t seem within the night after sundown on Sunday. The crescent moon – which historically marks the beginning of a brand new month – couldn’t be seen both, he added.

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Rocky markets face Fed price hike check this week

The market completed its worst April efficiency in additional than 50 years with key world indexes at or close to their lowest ranges for the reason that starting of the 12 months.

Fears over inflation and rates of interest, coupled with geopolitical jitters, despatched main world fairness indexes tumbling to their lowest ranges this 12 months.

In New York, the Dow Jones index misplaced 2.5 per cent over the previous week to finish at 32,977.21 factors. This represented a 9.3 per cent loss thus far this 12 months.

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Injured Osaka exits Madrid Open however Raducanu marches on

An injured Naomi Osaka made a second spherical exit from the Madrid Open on Sunday, falling 6-3, 6-1 to house favorite Sara Sorribes Tormo.  

Four-time main champion Osaka revealed she sustained an Achilles damage after her opening win towards Anastasia Potapova and that it restricted her efficiency towards the tireless Spaniard.

Meanwhile, Emma Raducanu performed a close to flawless match to dismiss Ukrainian teenager Marta Kostyuk 6-2, 6-1 and attain the last-16 of a WTA 1000 event for the primary time.

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