With just a few days to go until the Federal Reserve’s next interest rate decision, US policymakers are sitting between a rock and a hard place. Story Published at: March 17, 2023 at 11:33AM
The banking meltdown put the Fed in a bind
Why American whiskey is the real winner of St. Patrick’s Day
On St. Patrick’s Day, it might seem appropriate to knock back a shot of Jameson Irish Whiskey. However, when it comes to the luck of the Irish, US whiskey-makers might have the upper hand.Story Published at: March 17, 2023 at 12:46PM
First Republic secures $30 billion rescue from large banks
First Republic Bank, facing a crisis of confidence from investors and customers, is set to receive a $30 billion lifeline from a group of America’s largest banks. Story Published at: March 17, 2023 at 05:05AM
A quake of unthinkable proportions is due in Istanbul. Residents ask if the city is prepared
For more than five weeks, Turkey has grappled with the aftermath of a devastating 7.8 magnitude earthquake in the country’s south-east. But further afield, in its biggest and most populous city, pressure is mounting on authorities to prepare for the possibility of another natural disaster of unthinkable proportions. Story Published at: March 17, 2023 at 12:58PM
Germany cancels fencing World Cup event after Russia, Belarus readmitted
Germany’s fencing federation has canceled a women’s foil World Cup event after the sport’s global governing body (FIE) reversed a ban on athletes from Russia and its ally Belarus, it said on Thursday.Story Published at: March 17, 2023 at 10:43AM
US has seen ‘significant spike’ in aggressive Russian military flights in Syria this month, commander says
The US has seen a “significant spike” in aggressive Russian military flights in Syria this month, the commander of US Central Command said Thursday, two days after Russian jets harassed and collided with a US drone over the Black Sea.Story Published at: March 17, 2023 at 12:51AM
New Zealand joins US push to curb Tik Tok use on official phones with parliament ban
New Zealand will ban TikTok on all devices with access to its parliament by the end of this month, becoming the latest country to impose an official bar on the popular social media platform owned by a Beijing-based tech conglomerate. Story Published at: March 17, 2023 at 04:10AM
French government sparks fury as it forces through higher retirement age
Story Published at: March 16, 2023 at 07:24PM
Big banks experience deposit spike after Silicon Valley Bank collapse
Nervous bank customers have rushed to the safety of big banks in the wake of a pair of high-profile bank failures that have shaken confidence in the system. Story Published at: March 15, 2023 at 09:12PM
Hi-res art scans from famous Taiwan museum leak online… and turn up for sale on Chinese online shopping platform
A Taiwanese museum that houses some of the world’s most precious Chinese artworks has confirmed that up to 100,000 high-resolution images of paintings and calligraphy leaked online — some of them turning up for sale on a Chinese shopping platform for less than $1.Story Published at: March 16, 2023 at 06:49AM