PRETORIA, South Africa (AP) — South Africa’s parliamentary speaker faces imminent arrest over corruption charges after a court on Tuesday dismissed her bid to block police and prosecutors from arresting her. Nosiviwe Mapisa-Nqakula, who is a senior member of the ruling African National Congress party, is accused of receiving bribes from a defense contractor while […]
Yuichiro Chino/Getty Images The Fed’s interest rate forecasts signal an imminent recession, economist David Rosenberg says. In previous soft landings, the Fed usually cut rates by 75 basis points, but they’re forecasting a 150 basis-point reduction by 2025. Stock investors are eagerly awaiting the central bank’s pivot to looser monetary policy. The Federal Reserve’s interest […]
U.S. citizens in Moscow have been warned to avoid large gatherings Friday and Saturday because of heightened fears of a terrorist attack. The U.S. Embassy in the Russian capital said it was “monitoring reports that extremists have imminent plans to target large gatherings in Moscow, to include concerts, and U.S. citizens should be advised to […]
A federal judge in Florida said Friday the prosecution’s proposal to try Donald Trump starting July 8 on charges of hoarding national security documents is unrealistic, while the former president’s lawyers suggested starting Aug. 12 or after the November election. U.S. District Judge Aileen Cannon scheduled the hearing to map out the scheduling options. Cannon did not immediately […]
JERUSALEM — Israel and Hamas on Tuesday played down chances of an imminent breakthrough in talks for a cease-fire in Gaza, after President Joe Biden said Israel has agreed to pause its offensive during the Muslim holy month of Ramadan if a deal is reached to release some hostages. The president’s remarks came on the […]
Feb. 21—OTTUMWA — The Ottumwa City Council unanimously approved the land purchases, swaps, and plans for the proposed Albia Road/Quincy Avenue roundabout during Tuesday’s meeting at Bridge View Center. The final details now allow the city to release bids for the estimated $699,000 project, which will be due back to the city and then opened […]
When examined over long periods, Wall Street’s three major stock indexes — the widely followed Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S&P 500 (SNPINDEX: ^GSPC), and growth-dependent Nasdaq Composite (NASDAQINDEX: ^IXIC) — have risen in value, without fail. But it’s a far different story when the lens is narrowed to mere months or perhaps […]
Fundstrat’s Tom Lee says investors should brace for a correction.Cindy Ord/Getty Images A stock market correction appears imminent after the S&P 500 rallied 21% over a period of 14 weeks, according to Fundstrat’s Tom Lee. Lee still maintains a bullish view on stocks for 2024, but said history suggests the market is about to reach […]
Ukraine’s president Volodymyr Zelenskiy said he was weighing up a possible dismissal of the country’s top military officer, a prospect that has shocked the nation fighting Russia’s invasion and worried Kyiv’s Western allies. Asked whether he was considering the ousting of General Valerii Zaluzhnyi, Mr Zelenskiy told Italian RAI TV in an interview released late […]
US defence secretary Lloyd Austin has said it is time to further disable Iran-backed militias who have struck at American forces and ships in the Middle East and Washington is preparing to take significant action in response to the deaths of three service members in Jordan. For days the US has hinted strikes are imminent. […]
Volodymyr Zelenskyy, the President of Ukraine, has not yet signed a decree on the dismissal of Valerii Zaluzhnyi, the Commander-in-Chief of the Armed Forces of Ukraine, but this scenario is still possible. Source: Ukrainska Pravda sources; Financial Times; The Economist; BBC News Ukraine Details: High-ranking sources in Zelenskyy’s team assure Ukrainska Pravda that as of […]
Ghana coach Chris Hughton was again in the firing line on Monday after their participation at the Africa Cup of Nations looked to be at an end after a third group game without a win. Ghana were on course for a top two finish in Group B with a 2-0 lead over Mozambique in their […]