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Fed approves 0.75-point hike to take rates to highest since 2008 and hints at change in policy ahead
The Federal Reserve on Wednesday approved a fourth consecutive three-quarter point interest rate increase and signaled a potential change in how it will approach monetary policy to bring down inflation. In a well-telegraphed move that markets had been expecting for weeks, the central bank raised its short-term borrowing rate by 0.75 percentage point to a…
Jordan foils arms plot as kingdom caught in Iran-Israel shadow war
AMMAN, May 15 (Reuters) – Jordan has foiled a suspected Iranian-led plot to smuggle weapons into the U.S.-allied kingdom to help opponents of the ruling monarchy carry out acts of sabotage, according to two Jordanian sources with knowledge of the matter. The weapons were sent by Iranian-backed militias in Syria to a cell of the…
Storm Ciarán whips Western Europe, blowing record winds in France and leaving millions without power
PARIS (AP) — Recording-breaking winds in France and across much of Western Europe left at least seven people dead and injured others as Storm Ciarán swept through the continent overnight and into Thursday, plunging vast numbers into darkness, devastating homes and causing travel mayhem in several countries. Winds of more than 190 kph (118 mph)…
2 Israeli Embassy staffers killed in ‘act of terror’ in Washington, DC
Yaron Lischinsky and Sarah Lynn Milgrim were killed, Israeli officials said. A 31-year-old Illinois man has been charged with two counts of murder after opening fire 21 times on a young couple exiting an event at the Capital Jewish Museum in Washington, D.C., late Wednesday, according to a criminal complaint, shooting the victims in…
Biden administration to tap oil reserves amid rising fuel prices, OPEC+ cut
Oct. 18 (UPI) — The Biden administration is expected to again tap into U.S. oil reserves to tame rising gas prices, just weeks before midterm elections and following recent OPEC+ production cuts, according to reports on Tuesday. President Joe Biden is expected to announce, in the next few days, that the United States will releasebetween…
Breaking News | China | NewsBeijing Arrests Chinese National For Allegedly Spying For The CIA
China’s domestic security officials said they arrested a Chinese national for allegedly spying on behalf of the CIA, a move that comes a week after two U.S. Navy sailors were arrested for allegedly spying for China. In a statement, the Chinese Ministry of State Security identified the arrested individual as 52-year-old Zeng Moumou and said…


