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20238 articles published since 08 Mar 2022

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US Fed opens policy meeting with steep rate hike on the table
US Fed opens policy meeting with steep rate hike on the table
World

US central bankers opened their two-day policy meeting on Tuesday with another steep interest rate hike seen as a near certainty amid stubbornly high inflation. Markets have been roiled in recent days by the decidedly hawkish statements from central bankers, and Powell's press conference after the meeting will be closely scrutinized for information on what he thinks the next steps will be.

Torture victims come forward after Russian retreat
Torture victims come forward after Russian retreat
World

This month's dramatic Ukrainian advance north of Kharkiv drove Russian forces back across the border, and uncovered evidence of torture under their occupation. He made his way back to Kozacha Lopan and, this month, when the town was recaptured by Ukrainian forces, he contacted the Ukrainian police.

Dutch unveil 17-bn-euro package for hard-hit households
Dutch unveil 17-bn-euro package for hard-hit households
World

The Dutch government announced an "unprecedented" 17.2 billion euro package on Tuesday to help citizens facing soaring energy prices and double-figure inflation driven by the ongoing war in Ukraine. Rising inflation, energy prices driven by Russia's war in Ukraine, housing shortages and anger over the government's climate plans all contributed to loss of trust, the polls said.

Alarm grows over deadly Iran crackdown on protests
Alarm grows over deadly Iran crackdown on protests
World

International alarm mounted on Tuesday over a deadly crackdown in Iran against protests sparked by death of young Iranian woman Mahsa Amini after her arrest by Tehran's notorious morality police. Protests continued on Tuesday in Kurdistan and around Tehran's main universities and also, unusually, at the Tehran bazaar, images showed.

China should do more to help avoid debt crisis: US official
China should do more to help avoid debt crisis: US official
Business and Economy

The "enormous scale" of Chinese lending to developing nations makes it critical Beijing do more to participate in restructurings to avoid a new international debt crisis, a senior US Treasury official said Tuesday. "China's enormous scale as a lender means its participation is essential," Neiman said in a speech to the Peterson Institute for International Economics.

Twitter to depose Elon Musk ahead of buyout deal trial
Twitter to depose Elon Musk ahead of buyout deal trial
Business and Economy

Twitter's lawyers will question Elon Musk next week as they gather evidence in a legal battle to hold him to his $44 billion buyout deal, a Tuesday court filing said. The long list of those being asked for documents or to answer questions in the case includes Twitter co-founder and former chief Jack Dorsey, who was to be deposed Tuesday by Musk's lawyers.

Germany in 'final discussions' over Uniper nationalisation
Germany in 'final discussions' over Uniper nationalisation
World

German gas company Uniper said Tuesday it was on the brink of being nationalised as Berlin stepped in to prop up the energy sector amid a crisis triggered by the Russian invasion of Ukraine. Fortum provided an eight-billion-euro loan to Uniper in January as the price of gas had already begun to climb amid tensions with Moscow before the invasion of Ukraine.

Three dead in Iran protests over Amini's death: governor
Three dead in Iran protests over Amini's death: governor
World

Three people have been killed during protests in Iran's Kurdistan province over the death of a young woman after she was arrested by "morality police", the region's governor said on Tuesday. Kurdistan governor Ismail Zarei Koosha said on Tuesday that three people had been killed during the protests in the province, blaming the deaths on "a plot by the enemy".

Two dead, buildings damaged after Mexico earthquake
Two dead, buildings damaged after Mexico earthquake
World

Two people were killed and dozens of buildings were damaged by a powerful 7.7 magnitude earthquake that struck Mexico on the anniversary of two devastating tremors, authorities said Tuesday. The earthquake struck less than an hour after millions of people in Mexico City participated in emergency drills on the anniversary of two previous disasters.

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