LONDON (Reuters) -A Russian woman who burst into a TV studio to denounce the Ukraine war during a live news bulletin told Reuters on Wednesday she was worried for her safety and hoped her protest would open Russians’ eyes to propaganda. In her first te…
Analysis-China’s COVID governance under pressure as Omicron spreads
By Ryan Woo, Roxanne Liu and David Stanway BEIJING (Reuters) – China’s public health governance is expected to come under acute pressure in coming weeks as the biggest wave of COVID-19 cases since the 2020 Wuhan outbreak stretches medical resources, te…
Fed hikes interest rates, signals aggressive fight against inflation
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and laid out an aggressive plan to push borrowing costs to restrictive levels by next year as concerns ab…
History shows stocks can weather rate hike cycle
By Lewis Krauskopf NEW YORK (Reuters) – Fears over the Federal Reserve’s hawkish shift have combined with geopolitical uncertainty to push the S&P 500 into a correction this year, yet historical data suggests tighter monetary policy has often been acco…
NATO to begin planning for more troops on eastern flank after Russia’s Ukraine invasion
By Robin Emmott BRUSSELS (Reuters) – NATO is set to tell its military commanders on Wednesday to draw up plans for new ways to deter Russia following Moscow’s invasion of Ukraine, including more troops and missile defences in eastern Europe, officials …
Biden’s Fed nominee Raskin withdraws after what he describes as ‘baseless attacks’
(Reuters) – U.S. President Joe Biden said on Tuesday that Sarah Bloom Raskin had withdrawn as his nominee to become the top bank regulator at the Federal Reserve after being subjected to “baseless attacks from industry and conservative interest groups….
Suspect arrested after 5 homeless men shot in Washington, New York
By Susan Heavey WASHINGTON (Reuters) -A suspect in shootings of five homeless men, two fatally, in Washington and New York, was taken into custody on Tuesday by federal agents in Washington, but New York police said investigators were still gathering e…
Explainer-Can Russia pay its creditors, and what happens if not?
(Reuters) – Russia is due to pay $117 million in interest on two dollar-denominated sovereign bonds on Wednesday – the first such payments since its invasion of Ukraine which sparked a raft of sanctions from Western capitals and countermeasures from Mo…
Factbox-Who will get the Fed regulation job? Here are some contenders
By Pete Schroeder WASHINGTON (Reuters) -Sarah Bloom Raskin ended her bid to become the top bank regulator at the Federal Reserve on Tuesday, one day after Democratic Senator Joe Manchin said he would not support her, citing worries she would discourage…
Analysis-With Raskin out, Biden may pick a moderate for Fed regulatory job
By Pete Schroeder WASHINGTON (Reuters) -With Sarah Bloom Raskin withdrawing her nomination to become the Federal Reserve’s regulation chief on Tuesday, the White House may be forced to opt for a new moderate candidate or leave the post open for the for…