Teacher in stable condition after being stabbed by student
A teacher who was stabbed by a student fascinated by "Nazi ideologies" in a middle school in northeastern France is in stable condition, the French ed...
U.S. President Donald Trump on Monday sharply criticised the Federal Reserve, claiming America should be paying ultra-low interest rates similar to Japan and Denmark.
“We should be paying 1% Interest, or better,” Trump wrote on Truth Social, sharing a chart of global rates with a mark indicating where he believes U.S. rates should be. He referred to Powell as “Jerome ‘Too Late’ Powell” and said the entire Federal Reserve Board “should be ashamed of themselves.”
According to Trump, the Fed’s current policy is costing the country “trillions of dollars in interest cost.”
“The Board just sits there and watches,” he added. “So they are equally to blame.”
The post comes as the Trump administration intensifies its pressure campaign on the Fed, arguing that rates remain too high despite subdued inflation and record-breaking markets.
Later in the day, White House Press Secretary Karoline Leavitt confirmed Trump had sent Powell a memo urging him to act.
At a briefing, Leavitt held up the note and read aloud. “Jerome, you are as usual too late. You have cost the U.S. a fortune and continue to do so. You should lower the rate by a lot. Hundreds of billions of dollars are being lost, and there is no inflation.”
She pointed to gains on Wall Street, saying the S&P 500 and Nasdaq had hit record highs thanks to Trump’s “economic boom.”
“President Trump is a businessman first. He knows how to grow this economy,” she said. “But the Fed needs to do its part. The American people want to borrow cheaply—and they should be able to.”
Trump has repeatedly criticised Powell since returning to The White House, often comparing U.S. rates unfavourably to those in Europe and Asia.
While the Fed has signalled caution on future cuts, Trump’s comments are expected to increase pressure ahead of upcoming policy decisions.
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.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
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.
A teacher who was stabbed by a student fascinated by "Nazi ideologies" in a middle school in northeastern France is in stable condition, the French education minister told reporters on Wednesday.
A shooter killed at least one person and wounded others in a shooting on Wednesday at an Immigration and Customs Enforcement field office in Dallas before dying of a self-inflicted gunshot wound, local and federal authorities said.
Iran has no intention to build nuclear weapons, Iranian President Masoud Pezeshkian told the U.N. General Assembly on Wednesday, just days before international sanctions could be reimposed on his country over Tehran's nuclear ambitions.
Kabul’s groundwater is falling to record lows, pushing many residents to buy drinking water from mobile tankers, according to the Ministry of Energy and Water (MoEW).
The military-led West African countries Mali, Burkina Faso and Niger have announced their withdrawal from the International Criminal Court, denouncing it as "a tool of neo-colonial repression."
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