Tag: World
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US House votes to hold billionaire Leon Black in contempt of Congress
NEW YORK: The US House of Representatives voted on Wednesday (Sep 16) to find billionaire Leon Black in contempt of Congress and refer the case to the Justice Department, after he declined to comply with subpoenas as part of a probe into late sex offender Jeffr
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War-damaged Gaza building collapses, killing 20 people sheltering inside
GAZA: Gaza rescuers on Wednesday (Sep 16) searched through the wreckage of a bombed-out apartment building that collapsed overnight, killing at least 20 Palestinians including children and trapping dozens of others beneath the rubble.Tens of thousands of Palestini
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Stocks fall as Fed delivers hawkish rate hike
Global stocks fell after the US Fed raised interest rates for the first time in three years, while bond yields rose as investors expected more rate hikes.
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US Fed raises rates to battle inflation in move likely to rile Trump
The US Federal Reserve raised interest rates by 0.25 per cent to control high inflation and may raise them again later this year.
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UN chief sounds alarm on AI risk after Trump plays it down
The statement comes amid growing calls from AI companies to slow the pace of the technology’s development.
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Nepal raises flood missing toll by nearly 1,000 people to 6,150
The combined toll from the deadly glacial mountain collapse on the Nepal-China border from both nations now stands at 1,446 people dead and at least 6,669 missing.
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Almost 8,000 excess deaths in France’s scorched summer: statistics
The death toll is not yet final and could rise as health authorities receive data from the remaining weeks of summer.
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US Fed to deliver rate decision with markets betting on hike
WASHINTON: The US Federal Reserve will announce its decision on setting interest rates for the world’s largest economy on Wednesday (Sep 16), with markets betting the central bank will pull the trigger on a rate hike to tackle surging inflation.The Fed’s Federal Open Market Committee, with its 12 voting membe
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Russia says there is still time to stop an arms race in space after US orbital weapons admission
The US acknowledged this week that the Pentagon is operating weapons in Earth’s orbit, a landmark moment in the militarisation of space.
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News chopper crash in Los Angeles kills three
An NBC4 reporter and pilot were killed when their news helicopter crashed while covering a deadly bus accident in a Los Angeles neighbourhood.
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