United States Federal Reserve officials at their meeting December 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes. Minutes from the meeting, released on Wednesday after the typical three-week lag, also showed clear division…
Taipei, Taiwan – As United States President-elect Donald Trump gears up for a second trade war with China once he takes office on January 20, the rare earth minerals essential to the production of electronics, vehicles and weapons are one resource expected to be caught up in the fray. While rare earths are plentiful across…
European officials have warned Donald Trump against threatening “sovereign borders” after the US President-elect refused to rule out military action to seize Greenland. The rebukes on Wednesday were led by German Chancellor Olaf Scholz, who said the principle of inviolability of borders applies to every country, no matter how powerful. He added Trump’s statements a…
Two groups representing the credit reporting and credit union industries have filed a lawsuit challenging a new rule adopted by US President Joe Biden’s outgoing administration banning the inclusion of medical debt in American consumers’ credit reports. The Consumer Data Industry Association and Cornerstone Credit Union League filed the lawsuit in federal court in Sherman,…
California has been placed in a state of emergency and five people have been reported dead as wildfires that began on Tuesday ripped across metropolitan Los Angeles, triggering evacuations and power outages. The most populous state in the United States, California has frequently been swept by wildfires, with its fire season increasingly considered year-round. Here…
NewsFeed Rebel leader tells Al Jazeera they’re ‘fighting for survival’ in DR Congo M23 leader Bertrand Bisimwa has told Al Jazeera that the rebel group’s fight in eastern DR Congo is one for survival and insists that it is looking for dialogue to end the decades-long conflict. Published On 8 Jan 20258 Jan 2025
United States officials have announced plans to release only part of a report detailing federal investigations into President-elect Donald Trump, following a court decision to block some of the findings. On Wednesday, the Department of Justice indicated that the published report would focus on Special Counsel Jack Smith’s probe into Trump’s efforts to undo the…
NewsFeed Fourth wildfire erupts in Los Angeles as flames rapidly spread Four separate wildfires have now been reported in the Los Angeles area as firefighters struggle to stop the rapidly spreading flames fanned by strong winds. At least two deaths have been reported. Published On 8 Jan 20258 Jan 2025
At least five people have been killed as a string of wildfires ravage southern California in the United States, buffeted by strong winds. Tens of thousands of residents have been forced to flee their homes and businesses, in what some speculate could become one of the most expensive conflagrations in US history. At least six…
‘Zero containment’: Tens of thousands flee wildfires in Los Angeles
