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European Central Bank announces largest interest rate hike in bid to fight inflation
The European Central Bank (ECB) on Thursday announced a record rate hike in a bid to stifle record inflation across the euro area. The ECB’s three key interest rates were each raised by 75 basis points. “This major step frontloads the transition from the prevailing highly accommodative level of policy rates towards levels that will…
Exclusive: Pakistan’s Russian crude shipment paid in Chinese currency – minister
ISLAMABAD, June 12 (Reuters) – Pakistan paid for its first government-to-government import of discounted Russian crude in Chinese currency, the South Asian country’s petroleum minister said on Monday, a significant shift in its U.S. dollar-dominated export payments policy. Discounted crude offers respite as Pakistan faces an acute balance of payments crisis, risking a default on…
Trump directs Treasury to stop minting pennies
Feb. 10 (UPI) — President Donald Trump late Sunday said he has directed the secretary of the Treasury to stop producing new pennies. “For too long the United States has minted pennies which literally cost us more than 2 cents. This is wasteful!” he said in a post to his Truth Social media platform. “Let’s…
Breaking News | India | NewsX complies with Indian government order to take down accounts but vows to appeal
Feb. 22 (UPI) — The social media platform X said Thursday it had blocked some accounts and posts in India in line with executive orders from the government in New Delhi that threaten hefty fines and/or imprisonment for failure to comply. X said it would appeal the orders, which come amid a long-running free speech…
7 dead in 158-vehicle pile-up on Louisiana interstate
Oct. 23 (UPI) — A massive 158-vehicle pile-up in dense fog on a Louisiana interstate killed at least seven people Monday and injured more than 25 others, according to police. The mile-long crash on Interstate 55 in Louisiana’s St. John the Baptist Parish, near New Orleans, occurred during a morning “super fog” that lowered visibility…
Breaking News | News | RussiaTrump envoy Witkoff to head to Russia for ‘last chance’ Ukraine ceasefire talks
The ceasefire deadline Trump set for Russia is set to expire on Friday. LONDON — President Donald Trump’s special envoy Steve Witkoff is expected to travel to Russia later this week, the president told reporters on Sunday, in a bid to secure an elusive ceasefire deal “where people stop getting killed.” Witkoff will travel to…


