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Business & Commerce
The International Monetary Fund slightly raised its forecast for 2023 US economic growth Friday while noting that a slowing economy will likely lead to a small increase in unemployment in 2024."The US economy has proven resilient," IMF managing director Kristalina Georgieva said in a press...
World
US Secretary of State Antony Blinken will next week visit new NATO member Finland where he will deliver a speech championing Ukraine's defense against Russia, the State Department said Friday.Blinken will travel on June 1-2 to Helsinki after a meeting of the Western alliance's foreign minist...
World,Front Page
US President Joe Biden on Thursday nominated General Charles Brown for chairman of the Joint Chiefs of Staff, lauding the Black career pilot as a hero who'd not only survived ejecting from a fighter jet into a swamp but fought against racism.If confirmed by the Senate, "CQ" Brown, as h...
Stewart Rhodes, founder of the far-right Oath Keepers militia, is to be sentenced on Thursday for his role in the January 6, 2021 attack on the US Capitol by supporters of former president Donald Trump.Prosecutors have asked Judge Amit Mehta to impose a 25-year prison sentence on Rhodes for plotting...
A man who crashed a U-Haul truck containing a Nazi flag near the White House has been arrested and charged with trying to kill or harm the president, police said Tuesday.The driver apparently drove deliberately into bollards outside Lafayette Park just before 10:00 pm (0200 GMT) on Monday, the US Pa...
US Senator Tim Scott is running to become the first Black Republican president, papers filed with the Federal Election Commission showed on Friday.The 57-year-old, who had been widely expected to jump into the race since launching a presidential exploratory committee in April, is planning to hold hi...
World,Back Page
More than half of the world's largest lakes and reservoirs are dwindling and placing humanity's future water security at risk, with climate change and unsustainable consumption the main culprits, a study said Thursday."Lakes are in trouble globally, and it has implications far and wide,...
Secretary of State Antony Blinken on Wednesday vowed that the United States would hold accountable the perpetrators behind a deadly attack on a US convoy in Nigeria which he said had been involved in a flood response. No group has claimed responsibility for Tuesday's attack in Nigeria's...
The top diplomats of the United States and Britain together called Tuesday for adherence to the "rule of law" in Pakistan after former prime minister Imran Khan's arrest triggered nationwide violence."We just want to make sure that whatever happens in Pakistan is consistent with t...
The United States (US) on Monday criticized the Arab League decision to readmit Syria, saying that President Bashar al-Assad does not deserve normalization after his country's brutal civil war."We do not believe that Syria merits readmission to the Arab League at this time," State Depa...
A man who went on a rampage at a Texas outlet mall on Saturday shot dead eight people before he was himself killed, authorities said."(We) found seven deceased individuals on scene. We transported nine individuals to the hospital... Of those we transported, two have since died," said fire ...
US Republicans subpoenaed the FBI Wednesday for a document they said details an "alleged criminal scheme" involving a foreign national and Joe Biden -- although they made no specific allegations against the president.The June 2020 record outlines a whistleblower's information on "...
The White House warned on Wednesday of a future of tumbling stocks and spiking unemployment if the United States defaults on its debt payments, a looming possibility as Democrats and Republicans fight over national spending.The president's Council of Economic Advisers, a top federal consultative...
At least six people died Monday after a dust storm caused visibility to plummet along a US highway, leading to crashes involving nearly 100 vehicles, police said.Some 40-60 passenger vehicles, along with 30 commercial vehicles, crashed in the Midwestern state of Illinois "due to excessive winds...
The US Federal Reserve called for greater banking oversight while admitting to its own failures in a widely-anticipated report published Friday into the collapse of Silicon Valley Bank (SVB) last month. The report was one of two published Friday by Federal regulators highlighting recent issues ...
US President Joe Biden on Wednesday shrugged off voter concerns over his age, saying he feels "good" about seeking a second term to take on the "danger" he believes Donald Trump poses to American democracy."I feel good, I feel excited about the prospects" of a second te...
US President Joe Biden and his South Korean counterpart Yoon Suk Yeol warned North Korea it would face a nuclear response and the "end" of the leadership there if Pyongyang uses its own arsenal.Speaking at the White House after Oval Office talks during only the second state visit so far in...
Europe will see a "sharp slowdown" in economic growth this year, but most countries will avoid a recession, the director of the International Monetary Fund's European department told AFP Friday. IMF forecasts published earlier this week predict the Euro area will grow by 0.8 perce...
Countries must do more to avert the costly consequences of growing global trade fragmentation and help avert a "second Cold War," the International Monetary Fund's managing director said Thursday."I am among those who know what are the consequences of a Cold War: it is loss of tal...
Sri Lanka's major creditors officially launched a negotiation Thursday for restructuring the island's debt, an essential step to give the Indian Ocean nation some financial breathing room."I am very pleased to announce that an agreement has been reached between the creditors to discuss ...
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