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Explainer-Charting the Fed's policy path
Explainer-Charting the Fed's policy path
By Howard Schneider (Reuters) -U.S. central bankers have signaled they are likely to raise interest rates at their July 25-26
2023-07-07 21:55
Stock market today:
Stock market today:
Shares are mostly lower in Asia, with Tokyo's markets closed for a national holiday
2023-09-18 12:17
New Data Shows Virta Health Closes Gaps in Diabetes Care for Underserved Populations
New Data Shows Virta Health Closes Gaps in Diabetes Care for Underserved Populations
DENVER--(BUSINESS WIRE)--Jun 26, 2023--
2023-06-26 23:47
No clarity about who's in charge in Niger, 2 days after mutinous soldiers ousted the president
No clarity about who's in charge in Niger, 2 days after mutinous soldiers ousted the president
Two days after mutinous soldiers ousted Niger’s democratically elected president, it was still unclear Friday morning who was running the country and what mediation efforts were underway, as analysts warned that political chaos could set back the fight on extremist groups and increase Russia's influence in the region. On Thursday, several hundred people gathered in the capital, Niamey, and chanted support for the Russian private military group Wagner while waving Russian flags. Later, they burned cars and ransacked the headquarters of the president's political party. “We’re fed up,” said Omar Issaka, one of the protestors. “We are tired of being targeted by the men in the bush ... Down with the French people. We’re going to collaborate with Russia now,” he said. The soldiers have not announced a leader and President Mohamed Bazoum, who was elected two years ago in Niger’s first peaceful, democratic transfer of power since its independence from France in 1960, has not resigned. Some of the last public communications from the government included a defiant tweet by the president Thursday declaring that democracy would prevail and a call by the Foreign Minister Hassoumi Massoudou, on media outlet France 24, for Nigeriens to stand against the mutiny. Someone close to the president who is not authorized to speak about the situation, told The Associated Press that Bazoum has no intention of resigning and talks were ongoing. However, it's unclear who's involved in these dialogues, the nature of the discussions or how they're proceeding. Analysts say the coup could destabilize the country and threatens to starkly reshape the international community’s engagement with the Sahel region. Bazoum is a key ally in the West’s efforts to battle the jihadists, and the West African nation has been seen as the last major Western partner standing against extremism in a region where anti-French sentiment has paved the way for the Russian private military group Wagner. Neighboring Mali and Burkina Faso have both ousted the French military, which previously provided aid in their fight against jihadists. Mali has contracted Wagner, and it’s believed the mercenaries will soon be in Burkina Faso. Earlier this week, The Economic Community of West African States said it was sending Benin President Patrice Talon to lead mediation efforts, but as of Friday Talon was not in the country. During their first address to the nation Wednesday night, the mutineers urged “external partners” not to interfere. French Foreign Minister Catherine Colonna told French media Friday that President Emmanuel Macron has spoken several times to Bazoum. Colonna said France believes there are still possible exits from the crisis, and that Paris regards the attempted coup as lacking any legitimacy. On Thursday, U.S. Vice President Kamala Harris, said the country's “substantial cooperation with the Government of Niger is contingent on Niger’s continued commitment to democratic standards". Niger could lose millions of dollars in military aid and assistance, which the United States and European countries have recently poured in an attempt to help in the fight against Islamic extremism. The United States in early 2021 said it had provided Niger with more than $500 million in military assistance and training programs since 2012, one of the largest such support programs in sub-Saharan Africa. The European Union earlier this year launched a 27 million-euro ($30 million) military training mission in Niger. The United States has more than 1,000 service personnel in the country. France has 1,500 soldiers, which conduct joint operations with the Nigeriens. The coup has dashed hopes of collaboration between Sahelian countries and Western powers, which offered a more robust response to the jihadist insurrection when compared with the strategies to arm civilians in Burkina Faso or the responsibility given to Wagner in Mali, said Ibrahim Yahaya Ibrahim, senior Sahel analyst for the International Crisis Group. As uncertainty lingers about who's in charge, insecurity could worsen. “The army officers will be busy positioning themselves in power struggles and abandon the fight against jihadists,” said Ulf Laessing, head of the Sahel program at the Konrad Adenauer Foundation. Rights groups also warn that civilians always bear the brunt of these mutinies. “During a coup, the first victims are always the same: the most vulnerable, women and children,” said Drissa Traore, secretary-general of the International Federation for Human Rights. On Thursday the United Nations Office for the Coordination of Humanitarian Affairs said it has paused operations in Niger, where more than 370,000 people are internally displaced and more than 4 million rely on aid. ___ AP writer John Leicester in Paris contributed to this report. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Stock market today: Asian shares mixed, Tokyo falls as Bank of Japan adjusts bond purchase policy India and Japan look to collaborate in building semiconductors and resilient supply chains AP Week in Pictures: Europe and Africa
2023-07-28 15:51
US national believed to be detained by North Korea after crossing border, UN agency says
US national believed to be detained by North Korea after crossing border, UN agency says
A US national is believed to be in North Korean custody after crossing the border during a tour, a United Nations agency said Tuesday.
2023-07-18 20:45
'Project Runway' winners Then and Now: Here's what past champions of the show have been up to
'Project Runway' winners Then and Now: Here's what past champions of the show have been up to
Here's a stroll down the runway of nostalgia to catch up with some of the most memorable 'Project Runway' alumni
2023-11-27 21:55
Two Russians, American reach space station
Two Russians, American reach space station
Two Russian cosmonauts and an American astronaut docked with the International Space Station on Friday after blasting off from Baikonur amid raging tensions between...
2023-09-16 05:20
Russia brings new charges against jailed Kremlin foe Navalny
Russia brings new charges against jailed Kremlin foe Navalny
Imprisoned opposition leader Alexei Navalny has been handed new charges by Russian prosecutors. The 47-year-old is already serving more than 30 years in prison after being found guilty of crimes including extremism – charges that his supporters characterise as politically motivated. In comments passed to his associates, Navalny said he had been charged under article 214 of Russia’s penal code, which covers crimes of vandalism. “I don’t even know whether to describe my latest news as sad, funny or absurd,” he wrote in comments on social media Friday via his team. “I have no idea what article 214 is, and there’s nowhere to look. You’ll know before I do.” He said that the charges were part of the Kremlin’s desire to “initiate a new criminal case against me every three months”. “Never before has a convict in solitary confinement for more than a year had such a rich social and political life,” he joked. Navalny is one of president Vladimir Putin’s most ardent opponents, best known for campaigning against official corruption and organising major anti-Kremlin protests. The former lawyer was arrested in 2021, after he returned to Moscow from Germany where he had recuperated from nerve agent poisoning that he blamed on the Kremlin. He has since been handed three prison terms and has faced months in solitary confinement after being accused of various minor infractions. Several Navalny associates have also faced extremism-related charges after the politician’s Foundation for Fighting Corruption and a network of regional offices were outlawed as extremist groups in 2021, a move that exposed virtually anyone affiliated with them to prosecution. Most recently, a court in the Siberian city of Tomsk jailed Ksenia Fadeyeva, who used to run Navalny’s office in Tomsk, prior to her trial on extremism charges. Fadeyeva was initially placed under house arrest in October before later being remanded in pre-trial detention. If found guilty, she faces up to 12 years in prison. Read More Russia-Ukraine war: Kremlin paying soldiers’ wives not to protest Putin orders Russian military to increase troop numbers by 170,000 Iceland volcano: Eruption ‘imminent’ as 120 earthquakes strike - live
2023-12-02 22:26
Guatemalans are fed up with corruption ahead of an election that may draw many protest votes
Guatemalans are fed up with corruption ahead of an election that may draw many protest votes
As Guatemala prepares to elect a new president Sunday, its citizens are fed up with government corruption, on edge about crime and struggling with poverty and malnutrition — all of which drives tens of thousands out of the country each year
2023-06-24 00:45
EU announces an investigation into Chinese subsidies for electric vehicles
EU announces an investigation into Chinese subsidies for electric vehicles
The European Union is launching an investigation into subsidies that China provides to electric vehicle makers
2023-09-13 16:45
Tropical Storm Bret strikes eastern Caribbean islands, bringing heavy rain and winds
Tropical Storm Bret strikes eastern Caribbean islands, bringing heavy rain and winds
Tropical Storm Bret continued to strike eastern Caribbean islands early Friday, pelting the region with stiff winds and heavy rain that could cause flooding and dangerous surf.
2023-06-23 13:21
Who is Jose Martin? Connecticut couple arrested for accosting landscaper and telling him to 'go back over the border'
Who is Jose Martin? Connecticut couple arrested for accosting landscaper and telling him to 'go back over the border'
A landscaping business owner and his brother were accused of being in the US illegally by a couple, who were later arrested for harassment
2023-10-14 16:50