How much longer can the Fed be boring and predictable?
The Fed left its benchmark interest rate unchanged, but the bank cannot maintain an easy money policy indefinitely.
Category Archives: News
India COVID death toll tops 200,000 as essential supplies run out
India records more than 300,000 new infections for the seventh straight day as more countries promise to send rapid aid.
Feds raid Rudy Giuliani’s home over Ukraine business dealings
Investigation into Trump's lawyer picks up after senior Justice Department officials approve search warrant.
Biden’s first 100 days: Too early to pass judgement
While the US president is currently riding high, history shows that there are plenty of pitfalls that lie ahead.
Hit the road, Jack! California gas prices rise to $4 a gallon
Gas prices are rallying in America's most populous state with possible spillover effects for the rest of the country.
Glaciers melting at a faster rate, new study finds
Accelerating pace of melt contributing more than 20 percent to sea level rise, threatens populous coastal cities.
Northern Ireland leader Arlene Foster announces resignation
Arlene Foster will step down as First Minister at the end of June, after party backlash over the impact of Brexit.
Delaware police used ‘unnecessary force’, killing Black man: suit
Lawsuit comes after bodycam footage released that appears to show Lymond Moses died while fleeing police.
Heavenly Harmony: China to launch space station core module
The launch, to take place as early as Thursday, is the latest big step forward for China's space exploration programme.
IPL organisers reject criticism, say cricket lifts COVID gloom
India cricket board has been accused of being 'tone-deaf' as it continues with tournament amid a national health crisis.
Indians step up to the plate to cook for COVID patients, families
A growing community of home chefs, caring neighbours and good Samaritans helping to feed the sick and their attendants.
EU lawsuit against AstraZeneca begins in Brussels court
Brussels is suing the pharmaceutical giant over COVID-19 vaccine supply issues after delivery delays and cuts.
Rouhani says leaked tape aimed to sow division in Iran
Iran's president questioned the leak's timing that came as the country is engaged in talks to revive the nuclear deal.
US considering intellectual property waiver for COVID vaccines
The White House said officials were reviewing the most efficient way to maximise global output of vaccines.
US Navy SEALs to shift focus to ‘global threats’
Elite military force will shift from 'counterterrorism' to focus on threats such as China and Russia.
Pakistan’s deadliest day since COVID pandemic began, curbs mulled
At least 201 deaths reported in past 24 hours as country grapples with surge in infections since early March.
European Parliament ratifies post-Brexit trade deal
The EU Parliament approves the trade deal with Britain, but warns London to stick to its commitments.
Saudi crown prince strikes conciliatory tone towards rival Iran
In a lengthy interview, Saudi prince also outlined the kingdom's foreign policies concerning Yemen, Iran and the US.
Bowing to pressure, Somalia’s president drops bid to extend term
After clashes in Mogadishu and political pressure, President Mohamed Abdullahi Mohamed said he would step aside.
War rooms, oxygen: India’s IT workers struggle amid COVID surge
Workers say teams are working 13-14 hours daily as they struggle to deliver on projects as colleagues call in sick.