U.S. Treasury Secretary Scott Bessent said on Monday that the Federal Reserve is and should remain independent, but argued the central bank has “made a lot of mistakes” and defended President Donald Trump’s decision to dismiss Fed Governor Lisa Cook over alleged mortgage fraud.
Trump has repeatedly criticised the Fed and Chair Jerome Powell for not cutting interest rates, and recently attacked him over the costly renovation of the central bank’s Washington headquarters.
“The Fed should be independent. The Fed is independent, but I also think that they’ve made a lot of mistakes,” Bessent told Reuters during an interview at a diner in suburban Washington.
The summer-long transfer saga surrounding Alexander Isak concluded on Monday as Liverpool secured the striker from Newcastle United for a British reco...
Turkish President Recep Tayyip Erdogan has said he believes Iran’s nuclear negotiations will yield positive results....
Guatemalan President Bernardo Arevalo has said his country is prepared to receive around 150 unaccompanied minors per week deported from the U.S. The ...
The sound of a school bell echoes not through hallways, but through tunnels. In Kharkiv, Ukraine’s second-largest city, childhood has moved undergro...
Venezuelan President Nicolás Maduro has accused the U.S. of using a naval deployment in the Caribbean as a threat against his country and an attempt ...
The summer-long transfer saga surrounding Alexander Isak concluded on Monday as Liverpool secured the striker from Newcastle United for a British record fee. The 25-year-old Sweden international joins the English champions on a long-term contract after weeks of stalemate.
Turkish President Recep Tayyip Erdogan has said he believes Iran’s nuclear negotiations will yield positive results.
Guatemalan President Bernardo Arevalo has said his country is prepared to receive around 150 unaccompanied minors per week deported from the U.S. The announcement came a day after a U.S. federal judge blocked the deportation of 10 Guatemalan children.
Venezuelan President Nicolás Maduro has accused the U.S. of using a naval deployment in the Caribbean as a threat against his country and an attempt to enforce regime change. He made the remarks on Monday during a rare press conference in Caracas.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
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 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.
Ukraine held farewell ceremonies in Lviv and Kyiv on Monday (September 1) for former parliamentary speaker Andriy Parubiy, who was shot dead in Lviv two days earlier.
Australian Prime Minister Anthony Albanese said on Monday that migration has brought “a great deal of benefit” to the country, amid nationwide anti-immigration rallies over the weekend.
Tens of thousands of people staged a silent march in Belgrade on Monday (September 1) to honour the 16 victims of a collapsed roof at a renovated railway station, while calling for snap elections aimed at unseating President Aleksandar Vucic and his ruling SNS party.
Torrential rain lashed parts of northern India on Monday (September 1), flooding roads and bringing traffic to a standstill in major urban centres including Gurugram and the capital, New Delhi.
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