EUR/USD Forecast: Euro needs a soft US jobs report to extend rebound The Relative Strength Index (RSI) indicator on the 4-hour chart stays above 50 and EUR/USD holds comfortably above the 100, 50 and 20-period Simple Moving Averages (SMA), suggesting that the bullish ... 05/2/2024 - 9:08 pm | View Link
Jurors in Trump hush money trial hear recording of pivotal call on plan to buy affair story Jurors in the hush money trial of Donald Trump heard a recording Thursday of him discussing with his then-lawyer and personal fixer a plan to purchase the silence of a Playboy model who has said she ... 05/2/2024 - 3:03 am | View Link
Bank of England readies its rates steer as investors cool on cuts Bank of England readies its rates steer as investors cool on cuts By William Schomberg LONDON (Reuters) -The Bank of England must decide next week whether to update its message about when it might cut ... 05/2/2024 - 1:07 am | View Link
Week ahead: Will the Bank of England cut interest rates? Will the RBA hike Australian interest rates? Unexpectedly high inflation in the March quarter has the market discounting cuts and talking up the possibility of another hike. The RBA’s cash rate sits ... 05/1/2024 - 10:00 am | View Link
Powell speech: Restrictive monetary policy needs more time to do its job Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25-5.5% and responds to questions in the post-meeting press ... 05/1/2024 - 8:04 am | View Link
LONDON — Britain’s governing Conservative Party is suffering heavy losses as an array of election results pour in Friday, piling pressure on Prime Minister Rishi Sunak ahead of a U. K. general election in which the main opposition Labour Party appears increasingly likely to return to power after 14 years.
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Labour won control of councils in England it hasn’t held for decades and was successful in a special by-election for Parliament that, if repeated in a general election in coming months, would lead to one of the Conservatives′ biggest-ever defeats.
The only negative so far for Labour has been in some areas with large Muslim populations, such as Oldham in northwest England, where the party’s candidates appear to have suffered as a result of leader Keir Starmer ‘s strongly pro-Israel stance in the conflict in Gaza.
Perhaps most important in the context of the looming general election, which has to take place by January but could come as soon as next month, Labour easily won back Blackpool South in the northwest of England that went Conservative in the last general election in 2019, when then-Prime Minister Boris Johnson won a big victory.
Desperate times call for desperate measures, and across Asia, communities are responding to an extreme and deadly heat wave, which has battered the region since last month and has left few options for residents and governments to cope, in creative and even superstitious ways.
One city in the Philippines has rolled out free mobile showers, while in Vietnam, municipal authorities reportedly looked into the possibility of enlisting the help of a man who claimed he could pray for precipitation.
Secretary of Defense Lloyd Austin met Thursday with his counterparts from Australia, Japan and the Philippines as the U. S. deepens ties with an emerging regional group that Pentagon officials have privately nicknamed, the “Squad.”
The quadrilateral grouping is one of a number of regional partnerships that Washington has used to push back against China’s assertiveness in Asia.
Russian state-affiliated accounts have boosted their use of TikTok and are getting more engagement on the short-form video platform ahead of the U. S. presidential election, according to a study published Thursday by the nonprofit Brookings Institution.
The report states that Russia is increasingly leveraging TikTok to disseminate Kremlin messages in both English and Spanish, with state-linked accounts posting far more frequently on the platform than they did two years ago.
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Such accounts are also active on other social media platforms and have a larger presence on Telegram and X than on TikTok.
(WASHINGTON) — President Joe Biden has called Japan and India “xenophobic” countries that do not welcome immigrants, lumping the two with adversaries China and Russia as he tried to explain their economic circumstances and contrasted the four with the U. S. on immigration.
The remarks, at a campaign fundraising event Wednesday evening, came just three weeks after the White House hosted Japanese Prime Minister Fumio Kishida for a lavish official visit, during which the two leaders celebrated what Biden called an “unbreakable alliance,” particularly on global security matters.
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The White House welcomed Indian Prime Minister Narenda Modi for a state visit last summer.
Japan is a critical U.
(WASHINGTON) — An orangutan appeared to treat a wound with medicine from a tropical plant— the latest example of how some animals attempt to soothe their own ills with remedies found in the wild, scientists reported Thursday.
Scientists observed Rakus pluck and chew up leaves of a medicinal plant used by people throughout Southeast Asia to treat pain and inflammation.