Monaco Journal - News from Monaco, Monte-Carlo and the world

President-elect Javier Milei said Monday that it could take between 18 and 24 months to bring Argentina's rampant inflation under control, as he outlined his plans to reform the economy.

Wall Street indices rose on Monday but European stock markets mostly fell as investors focus on whether the US Federal Reserve and other central banks are done hiking interest rates.

Hundreds of staff at OpenAI threatened to quit the leading artificial intelligence company on Monday and join Microsoft.

Relatives of some hostages held in Gaza spoke Monday of their ongoing "nightmare", and revealed they had not been given any information about a possible imminent deal for some to be released.

Twenty-eight premature babies were evacuated from war-torn Gaza to Egypt on Monday as the Hamas-run health ministry accused Israel of launching a deadly strike on the territory's Indonesian Hospital.

Countries' greenhouse gas-cutting pledges put Earth on track for warming far beyond key limits, potentially up to a catastrophic 2.9 degrees Celsius this century, the UN said Monday, warning "we are out of road".

Lebanon's Hezbollah movement said it targeted troops in northern Israel with drones, artillery and missiles on Monday, claiming a string of new attacks.

Britain's Conservative government this week unveils a budget update that could determine its chances of re-election -- or the size of its defeat -- with promises to reinvigorate the economy as the party lags badly in the polls.

Microsoft's hiring of ousted OpenAI CEO Sam Altman on Monday marks another twist in the seven-year-old partnership between the US giant and the startup that created ChatGPT.

Spain's Socialist prime minister, Pedro Sanchez, who was sworn in for another term last week by floating a controversial amnesty deal for separatists, unveiled a new but largely unchanged cabinet on Monday.

US Defence Secretary Lloyd Austin pledged further American support for Ukraine during an unannounced visit to Kyiv on Monday to stem concerns that help from its biggest ally could waver.

A set of six jerseys that Lionel Messi wore during Argentina's victorious 2022 World Cup run will be auctioned in December, Sotheby's announced Monday, estimating their value at more than $10 million.

Austria coach Ralf Rangnick warned his side were prepared for an "explosive duel" in Tuesday's friendly with his native Germany in Vienna.

An Italian court on Monday convicted and sentenced around 200 mobsters and their white-collar helpers, the culmination of a historic, nearly three-year trial against Calabria's notorious 'Ndrangheta mafia.

The global average temperature on Friday was more than two degrees Celsius hotter than pre-industrial levels for the first time on record, Europe's Copernicus climate monitor said Monday.

A set of six jerseys that Lionel Messi wore during Argentina's victorious 2022 World Cup run will be auctioned in December, Sotheby's announced Monday, estimating their value at $10 million.

US Defence Secretary Lloyd Austin made an unannounced visit to Ukraine on Monday, in a bid to stem Kyiv's concerns that support from its biggest ally could waver.

Twenty-nine premature babies were evacuated from war-torn Gaza to Egypt on Monday as the Hamas-run health ministry accused Israel of launching a deadly strike on the territory's Indonesian Hospital.

Barcelona midfielder Gavi faces surgery after tearing his anterior cruciate ligament in Spain's Euro 2024 qualifier with Georgia, the club said on Monday.

Asian and European stock markets traded mixed Monday with investors focused firmly on whether the US Federal Reserve and other central banks have reached a peak over interest-rate hikes as inflation cools.

France's Senate is this week to debate a draft law that would allow people convicted under anti-gay laws before 1982 to receive financial compensation.

Asian and European stock markets traded mixed Monday with investors focused firmly on whether the US Federal Reserve and other central banks have reached a peak over interest-rate hikes as inflation cools.

By recruiting former OpenAI CEO Sam Altman following his surprise ouster by ChatGPT's parent company, Microsoft is hiring a tech industry star at the forefront of the artificial intelligence revolution.

After a bitter split from her footballer ex Gerard Pique, Colombian superstar Shakira is back with a vengeance.

Gareth Southgate says he is driven to make England the world's top-ranked team, stressing there is no room for "sloppiness" as they seek to end their Euro 2024 qualifying campaign on a high.

Gaza's Hamas-run health ministry said Monday Israeli forces had struck the Indonesian Hospital and killed at least 12 people, including patients, in the north of the war-torn Palestinian territory.

Microsoft CEO Satya Nadella on Monday announced the hiring of OpenAI's Sam Altman and other members of his team, days after the co-founder of the venture behind ChatGPT was fired.

Colombian superstar Shakira will pay millions of euros in fines as part of a settlement announced Monday with Spanish prosecutors to settle her tax fraud case and avoid trial.

China women's football coach Shui Qingxia has been sacked for failing to guide them to next year's Paris Olympics, the football association said on Monday.

Asian stocks mostly rose Monday following small gains on Wall Street as investors grow increasingly optimistic that the Federal Reserve has come to the end of its interest rate hiking cycle.

Gaza braced for a further expansion of Israeli military operations on Monday even as cautious hopes built for a deal to release hostages in exchange for a pause in fighting.

A woman rings a bell outside a makeshift church of wood and tarpaulin, calling the faithful to worship and a respite from war in eastern Myanmar's Kayah state.