Sydney Reuters — Australia’s central bank raised its cash rate by 25 basis points to a decade-high of 3.35% on Tuesday and reiterated that further increases would be needed, in a more hawkish policy tilt than many had expected. Wrapping up its February policy meeting, the Reserve Bank of Australia (RBA) also dropped previous guidance […]
New York CNN — After a shocking jobs report, Larry Summers, treasury secretary under Bill Clinton, said he is more encouraged the Fed can pull off a soft landing, but cautioned it is a “big mistake” to think the economy is “out of the woods” on Fareed Zakaria GPS Sunday. Friday’s job’s report saw an […]
Jenin, West Bank CNN — Mohammed Abu al-Hayja was sleeping alongside his wife and two young daughters last month when loud gunfire woke them up. Minutes later, Israeli soldiers rammed down his door and burst through his apartment. “They spread through the house in seconds,” 29-year-old al-Hayja told CNN. “Two soldiers came up to me, […]
London CNN — Earlier this week, Rishi Sunak celebrated his first 100 days as prime minister of the United Kingdom. In some sense, the fact Sunak was able to reach this milestone at all was reason enough to celebrate. When he took over from his predecessor Liz Truss last autumn she had only managed 49 […]
CNN — The US and allies are trying to further limit Russia’s ability to make money and finance its war efforts with new price limits on products like gasoline and fuel oil, a senior Treasury official announced Friday – adding to sanctions on Russian energy sales in response to the country’s invasion of Ukraine. “Our […]
CNN — On a busy weekend in Freetown, Sierra Leone, dozens of people gather to watch an afternoon football match not unlike countless others you’d find anywhere else in the world. But there’s one striking difference – these players are all amputees. They’re members of the Single Leg Amputee Sports Association (SLASA), an organization co-founded […]
Hong Kong CNN — China will fully reopen borders with its special administrative regions of Hong Kong and Macao next week, in what is expected to be a major boost for the economies of the two cities. From Monday, travelers entering mainland China from Hong Kong or Macao will no longer need to provide proof […]
CNN — Israel and Sudan have finalized the text of a peace agreement to be signed “later this year,” Israeli Foreign Minister Eli Cohen announced on Thursday. Speaking upon returning to Tel Aviv from a visit to Sudan’s capital Khartoum, Cohen said the trip was made with the consent of the United States, and that […]
CNN — Members of Congress are urging Secretary of State Antony Blinken to pressure China to do more to curb the flow of fentanyl and synthetic opioids into the United States on his visit to the country which is expected to take place in the next few days. On Wednesday, a group of 14 Republican […]
Brisbane CNN — Australia’s new $5 banknote will not feature Britain’s King Charles III, but rather a new design that honors “the culture and history of the First Australians,” its central bank announced Thursday. The design will replace the portrait of Her Majesty Queen Elizabeth II, the Reserve Bank of Australia (RBA) said in a […]