Fed Sets Course for Milder Interest-Rate Rise in February
Federal Reserve officials are preparing to slow interest-rate increases for the second straight meeting and…
Fed Sets Course for Milder Interest-Rate Rise in February
Federal Reserve officials are preparing to slow interest-rate increases for the second straight meeting and debate how much higher to raise them after gaining more confidence inflation will ease further this year. They could begin deliberating at the Jan. 31-Feb. 1 gathering how much more softening in labor demand, spending and inflation they would need…
NBA results round up: LeBron James closes on record but Lakers lose to Clippers
LeBron James edged closer to the NBA’s all-time scoring record but could not prevent the Los Angeles Lakers losing 133-115 to the Los Angeles Clippers. The 38-year-old scored 46 points to move to within 178 of Kareem Abdul-Jabbar’s record of 38,387. James also became the first player to have had a 40-point game against every…
Australian Open 2023 results: Magda Linette to face Aryna Sabalenka in semi-finals
Magda Linette will meet fifth seed Aryna Sabalenka in the Australian Open semi-finals after she beat Karolina Pliskova to continue her dream run. The Polish world number 45 had previously never gone beyond the third round of a Grand Slam in 29 attempts. But she produced a fearless display in a 6-3 7-5 win over…
Classified Documents Found at Mike Pence’s Indiana Home
Classified files have been found at ex-US Vice-President Mike Pence’s home in the latest discovery of secret papers at the homes of officials who have served in the top ranks of government. The documents, discovered by a lawyer last week for Mr Pence at his Indiana home, have been handed over to the FBI. Investigators…
U.S. Economy Slows, but Europe’s Picks Up, Raising Hopes World Will Avoid Recession
Two of the world’s largest economies moved in opposite directions at the start of the year, with U.S. businesses reporting further declines in activity in January while the eurozone saw a modest pickup. The divergence suggests that while the U.S. economy continues to lose momentum, Europe’s could be stabilising, at least for now. The pace…
Stella Chiweshe: Zimbabwe’s mbira queen, rebel music star and pioneer
Stella Chiweshe – Zimbabwe’s Mbira Queen, Rebel Music Star and Pioneer TC_Africa: Zimbabwe Analysis – Stella Rambisai Chiweshe, affectionately known in Zimbabwe as “the queen of mbira” or “Ambuya (grandmother) Chiweshe”, passed away on 20 January 2023. (the war of liberation against the white minority Rhodesian regime).The Zimbabwe Republic Police (ZRP) said in a statement…
Football and politics in Kinshasa: how DRC’s elite use sport to build their reputations and hold on to power
Football in the Democratic Republic of Congo (DRC) – as in much of the world – is intertwined with politics. In the central African country, football clubs have long been a way for the regime in power to build political capital. Many politicians involve themselves with clubs to bolster their image. On the other hand,…
White House Reminds Lawmakers not to Travel to Afghanistan
House Speaker Nancy Pelosi, D-Calif., criticized two military veteran congressmen for making a “secret” trip to Kabul, the Afghan capital forcefully overtaken by the Taliban last week, characterizing the choice to enter the region as “deadly serious.” In a press conference Wednesday morning, Pelosi railed against Reps. Seth Moulton, D-Mass., and Peter Meijer, R-Mich. “There’s…
Thailand Raises Key Rate to 1.5%, Signals More Tightening
(Bloomberg) — Thailand delivered its fourth straight interest-rate increase and signaled sustained monetary tightening ahead to ward off lingering price pressures as the economic recovery gathers pace from a tourism rebound. The Bank of Thailand’s monetary policy committee voted unanimously to raise the one-day repurchase rate by 25 basis points to 1.50% on Wednesday, as…
Japan Cuts View of Economy as Trade Weakens Amid Global Slowdown
Bloomberg) — Japan’s government cut its monthly economic assessment in January for the first time in 11 months, as trade weakened due to a global economic slowdown. Most Read from Bloomberg The Cabinet Office said in its latest report Wednesday that parts of the economy are showing weakness, while overall it’s picking up moderately. It…
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