In the market’s eyes, the Federal Reserve finds itself either poised to head off a recession or doomed to repeat the mistakes of its recent past — when it was too late seeing a coming storm. How Chair Jerome Powell and his cohorts at the central bank react likely will go a long way in determining how investors negotiate such a turbulent ...
Israeli Finance Minister Bezalel Smotrich said “it may be just and moral” to starve 2 million Gaza residents until Israeli hostages are returned, but “no one in the world would let us.” In a speech on Monday at the Katif Conference for National Responsibility in the town of Yad Binyamin, the far-right minister said Israel should take control of distributing ...
Like many nondescript hotels in provincial cities around the UK, the Holiday Inn Express in Rotherham has been used for years by the British government to house asylum seekers trapped in administrative limbo. There have been hostile protests here before. But none, residents say, like the spasm of hatred on Sunday when rioters set fire to the building as more ...
Hamas announced Tuesday that its leader in Gaza, Yahya Sinwar, will replace Ismail Haniyeh as the head of its political bureau, it said in a statement. The Hamas statement said that the movement announces “the selection of Commander Yahya Sinwar as head of the movement’s political bureau, succeeding the martyred leader Ismail Haniyeh, may God have mercy on him.” Israel has ...
Hezbollah leader Hassan Nasrallah said his group will respond to Israel “regardless of the consequences” to avenge the assassination of the group’s top commander a week ago, but keeping Israelis waiting is “part of the punishment.” “Their government, their army, their society, their settlements and their occupiers are all waiting,” Nasrallah said. Keeping Israel waiting is “part of the battle,” ...
A Nobel laureate known as the “banker to the poor” will aim to bring stability to Bangladesh after he answered a call by student protesters for him to temporarily lead the restive country following weeks of deadly anti-government demonstrations. Muhammad Yunus, 84, will head an interim government following the toppling of the South Asian country’s prime minister and dissolution of ...
A Thai court on Wednesday ordered the kingdom’s most popular political party to be disbanded, a verdict that delivers a major blow to a vibrant progressive movement and one that threatens to bring more political turbulence to Thailand. The Move Forward Party won a stunning electoral victory in 2023, winning the most parliamentary seats on an anti-establishment reform agenda that ...
At least one person has died and several people have been injured after a hotel collapsed in the popular wine village of Kröv in western Germany overnight. There were 14 people in the building at the time of the collapse, the spokesperson said. While the building is still partially intact, it is moving by 4 millimeters (0.16 inches) an hour, so rescue operations ...
A 39-year-old Polish man has been found guilty of assaulting Danish Prime Minister Mette Frederiksen in June, national broadcaster DR reported on Wednesday. The man could face four months in prison and deportation from Denmark for six years, according to DR. Frederiksen was “hit by a man” in a public square in the capital Copenhagen on June 7, her office said. ...
Elon Musk’s claim that “civil war is inevitable” in the UK is “totally unjustified”, a government minister has said, after the billionaire clashed with Sir Keir Starmer over the remarks. Musk, the owner of X, has been engaged in a war of words with the prime minister over riots gripping the UK, amid concerns online disinformation is fuelling the unrest. ...