Federal Reserve cuts interest rates, trims workforce
The Federal Reserve on Wednesday reduced its benchmark interest rate by a quarter point to a range of 4–4.25%, responding to slowing economic growth and persistently high inflation.
The Federal Reserve on Wednesday reduced its benchmark interest rate by a quarter point to a range of 4–4.25%, responding to slowing economic growth and persistently high inflation.
AD Ports Group has signed a contract with Baku Shipyard in Azerbaijan to build two 780-TEU shallow-draft container vessels for trade across the Caspian Sea.
Five United Nations police officers from the Republic of the Congo were killed when an armoured personnel carrier in the Central African Republic crashed.
Israeli Prime Minister Benjamin Netanyahu said on Tuesday that Israel will develop an “independent arms industry” capable of withstanding international constraints.
The Trump administration has approved its first U.S. weapons aid packages for Ukraine under a new mechanism that allows arms from U.S. stockpiles to be funded by NATO allies, sources familiar with the matter told Reuters.
At least 13 people have been injured in two shootings in Minneapolis within 12 hours, police said.
The Israeli army has begun a large-scale ground offensive in Gaza City as part of “Operation Gideon’s Chariot 2,” the military said.
Finland is closely watching Russia’s ongoing Zapad-2025 military exercises in Russia, Belarus, and the Baltic and Barents Seas, Finnish Defence Forces (FDF) commander Janne Jaakkola said on Monday.
European authorities have intercepted more than 2,400 shipping containers at Greece’s port of Piraeus in the European Union’s largest-ever container seizure, valued at around €250 million ($294m).
U.S. President Donald Trump said on Monday that Israel will not carry out further strikes in Qatar following last week’s attacks on Doha, which targeted senior Hamas officials.
Leaders from the 57-member Organisation of Islamic Cooperation and 22-member Arab League met in Doha on Monday, concentrating on the impact of recent attacks on Qatar and the wider Middle East, and calling for coordinated measures to preserve stability and support ongoing mediation efforts.
U.S. President Donald Trump has signed a presidential memorandum establishing the "Memphis Safe Task Force,” which will deploy National Guard troops alongside federal agencies to tackle rising crime in Memphis, Tennessee.
Bangladesh’s interim leader, Muhammad Yunus, said the country will expand imports from the U.S. to further reduce tariffs on Bangladeshi goods, particularly textiles.
U.S. President Donald Trump has issued a sharp warning to Hamas after reports that hostages in Gaza City have been moved above ground to serve as human shields against Israel’s ground offensive.
Polish authorities have detained two Belarusian nationals after a drone was spotted flying over government buildings and the Belweder Palace in Warsaw. The State Protection Service (SOP) neutralised the unmanned aerial vehicle, Prime Minister Donald Tusk confirmed.
The U.S. military carried out a strike on an alleged Venezuelan drug trafficking vessel in international waters on Monday, killing three people, President Donald Trump announced.
Bulgarian authorities have detained Igor Grechushkin, the Russian owner of a cargo ship linked to the ammonium nitrate at the heart of the 2020 Beirut port explosion, Lebanese judicial officials said.
Authorities have requested the arrest of five individuals in an investigation into Can Holding, a major business group.
The UK will deploy Royal Air Force Typhoon jets to Poland in response to Russian drone incursions, Prime Minister Keir Starmer announced on Monday.
A framework deal has been reached between the U.S. and China over the ownership of social media platform TikTok, U.S. Treasury Secretary Scott Bessent said following trade talks in Madrid.
President Donald Trump is set to finalize a major trade and investment deal with the UK during his state visit this week, U.S. officials said Monday. The agreement is expected to bring more than $10 billion in new investments.
Saudi Arabia announced Thursday it will provide Syria with 1.65 million barrels of crude oil to help the country rebuild its economy and infrastructure after nearly 14 years of civil war.
A former executive of a Mars Inc. subsidiary has pleaded guilty to fraud and tax charges after stealing $28 million from the company, federal prosecutors said Thursday.
Canada’s government is in talks with Alberta and energy firms about scrapping a federal emissions cap on the oil and gas sector, sources told Reuters, if the industry commits to reducing its carbon footprint through other measures.
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