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Fed raises rates by 75 bps to tame inflation, flags weakening economic data

Fed raises rates by 75 bps to tame inflation, flags weakening economic data

Explaining the logic behind the stiffest interest rate increases in roughly four decades, Jerome Powell said failure to tame inflation is not an optio

Inflation hits record 8.9% in 19 countries using the euro

Inflation hits record 8.9% in 19 countries using the euro

Inflation has been running at its highest level since 1997, when record-keeping for the euro began

Reuters US staff plan to strike for first time in decades

Reuters US staff plan to strike for first time in decades

The Communications Workers of America’s NewsGuild said the company didn’t fairly negotiate pay increases with the employees

Elon Musk’s SpaceX debris spears into hill on remote Australian farm

The parts belong to a SpaceX Crew-1 Trunk that reentered Earth’s atmosphere July 9

Sri Lanka firmly committed to ‘One China Policy’: Ranil Wickremesinghe

Notes countries must ‘refrain from provocations which further escalate the current global tensions’ 

Taiwan cancels flights as China holds military drills

China ordered ships and planes to avoid the military drills that encircled the self-ruled island

UN nuclear chief: Ukraine nuclear plant is 'out of control'

Situation is getting more perilous every day at the Zaporizhzhya plant in Ukraine, said Rafael Grossi

Sri Lanka in ‘great danger’; hardships to persist till end of year, says Ranil

Delivering his inaugural address in the Parliament, Wickremesinghe made a “special mention” of India’s efforts towards the country’s economic revitali

China summons US envoy, warns America shall 'pay price' as Pelosi visits Taiwan

The visit has a severe impact on the political foundation of China-US relations, said Chinese Vice Foreign Minister Xie Feng

Reason behind US House Speaker Nancy Pelosi’s Taiwan visit and why China’s angry

Pelosi portrays her high-profile trip as part of a US obligation to stand with democracies against autocratic countries

US House Speaker Nancy Pelosi lands in Taiwan, defying Chinese warnings

Pelosi is the highest-ranking American politician to visit Taiwan since then-House Speaker Newt Gingrich did so in 1997

Opposed to counter-terror ops at 'expense of sovereignty' of others: China on al-Zawahiri’s killing

We believe there should be no double standards on counter-terrorism, said a senior Foreign Ministry official

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