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...
Daniil Medvedev has been fined $76,000 for unsportsmanlike conduct, including a racket-smashing incident and skipping the post-match press conference at the Australian Open.
Daniil Medvedev has been fined a significant portion of his Australian Open prize money for unsportsmanlike behavior during the tournament, including a racket-smashing outburst in the first round.
The 28-year-old Russian struck his racket against the net repeatedly during his opening match victory against Thai wildcard Kasidit Samrej on Tuesday, venting his frustration. In his second-round match against American Learner Tien on Thursday, Medvedev received a point penalty after hurling his racket toward the sideline. He also skipped the mandatory post-match press conference following his five-set loss.
As a result, the tournament organizers fined him a total of $76,000. Players who reach the second round typically earn around $123,000. Medvedev, the 2021 U.S. Open champion, has accumulated over $45 million in prize money throughout his career.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
Saudi Arabia and Pakistan have formalised a mutual defence agreement, reinforcing a decades-long security partnership, Pakistani state television reported on Wednesday.
Polish Prime Minister Donald Tusk said on Wednesday that Russia bears responsibility for damage to a house in the village of Wyryki in eastern Poland. This statement comes amid media reports suggesting that the incident may have been caused by a stray Polish missile rather than a Russian drone.
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 European Commission has proposed sanctions against several Israeli Cabinet ministers and violent settlers, alongside a partial suspension of Israel’s trade privileges with the bloc.
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.
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