US Federal Reserve cuts key rate but sees fewer reductions next year
The Federal Reserve cut its key interest rate on Wednesday by a quarter-point – its third cut this year – but also signalled that it expects to reduce rates more…
Stocks plunge as Federal Reserve’s tilt triggers ‘Black Wednesday’
Fed sparks market rout: Wall Street plunged, the dollar hit two-year highs, and Treasury yields spiked as Powell struck a hawkish tone, warning of inflation risks and cautious rate cuts…
Euro tumbles to a two-year low following Fed’s hawkish rate cut
The euro declined against the US dollar to its lowest level since November 2022. The dollar soared after the Federal Reserve delivered its third rate cut of the year and…
Fed’s tough tilt triggers ‘Black Wednesday’: Stocks tumble, euro hits two-year lows
Fed sparks market rout: Wall Street plunged, the dollar hit two-year highs, and Treasury yields spiked as Powell struck a hawkish tone, warning of inflation risks and cautious rate cuts…
Turkish President Erdoğan hosts Lebanese PM Mikati in Ankara to discuss regional issues, instability
Turkish President Recep Tayyip Erdoğan urges the international community to exert pressure on Israel to comply with the ceasefire agreement in Lebanon. Read More
NATO wants to put Ukraine in a position of strength for any Russia peace talks
NATO’s secretary-general Mark Rutte has said he wants to discuss ways to put Ukraine in a position of strength for any future peace talks with Russia. Read More
UN envoy urges ‘credible, inclusive’ transition in Syria
UN envoy Geir Pedersen has urged for a ‘”credible, inclusive” political transition in Syria. He also called for a new constitution and elections in accordance with a previous UN resolution.…
French parliament adopts special law to prevent government shutdown
France’s parliament has adopted a special law to prevent a government shutdown as a temporary measure to maintain core state functions. The country’s Senate passed the law on Wednesday after…
Cyclone Chido ‘worst storm in 90 years’ hits Mayotte
Cyclone Chido ‘worst storm in 90 years’ hits Mayotte Read More
Christmas runners brave cold in Budapest in Santa hats and swimwear
Christmas runners brave cold in Budapest in Santa hats and swimwear Read More