The Federal Reserve held interest rates at a 23-year high Wednesday while scaling back its estimate of rate cuts this year to one from three previously. The central bank voted to keep its benchmark interest rate in a range of 5.25%-5.50% at the conclusion of its two-day policy meeting. The fed funds rate has been […]
Tag: lowers
Airport near volcano reopens as Indonesia lowers eruption alert level
MANADO, Indonesia (AP) — Indonesian authorities reopened an international airport near a volcano that erupted last week as they lowered a warning level on Monday. Sam Ratulangi airport has been closed since Thursday due to eruptions at nearby Mount Ruang. Indonesia’s Disaster Management Agency lowered the volcano’s alert level from four, the second-highest level, to […]
Waukee’s new budget lowers property tax levy, adds more police and firefighters
Waukee has lowered its property tax levy in its new budget and included two new neighborhood parks in its capital improvement plan. The Waukee City Council on Monday unanimously approved he city’s $148.1 million budget for the 2025 fiscal year, which starts July 1. The council also approved the city’s five-year capital improvement plan. More: […]
Ukraine lowers conscription age to plug shortfall in troops fighting Russia
Ukraine has lowered the military conscription age from 27 to 25 in an effort to replenish its depleted ranks after more than two years of war following Russia’s full-scale invasion. The new mobilisation law came into force a day after Ukraine president Volodymyr Zelenskiy signed it. Ukraine’s parliament passed it last year. It was not […]
Ukraine lowers conscription age to plug shortfall in troops fighting Russia
Ukraine has lowered the military conscription age from 27 to 25 in an effort to replenish its depleted ranks after more than two years of war following Russia’s full-scale invasion. The new mobilisation law came into force a day after Ukraine President Volodymyr Zelensky signed it. Ukraine’s parliament passed it last year. It was not […]
Ukraine lowers its conscription age to 25 to plug a shortfall in troop numbers fighting Russia
KYIV, Ukraine (AP) — Ukraine on Wednesday lowered the military conscription age from 27 to 25 in an effort to replenish its depleted ranks after more than two years of war following Russia’s full-scale invasion. The new mobilization law came into force a day after Ukraine President Volodymyr Zelenskyy signed it. Ukraine’s parliament, the Verkhovna […]
Ukraine lowers combat call-up age to boost numbers
Ukrainian President Volodymyr Zelensky has signed into law a bill lowering the military mobilisation age by two years from 27 to 25. Kyiv has faced heavy losses on the battlefield after two years of war, whereas Russia has benefited from a sizeable advantage in manpower. The move will allow Ukraine to call up more people […]
Institute says German economy is “struggling” and lowers forecasts
A leading German economic research institute has significantly lowered its economic forecast for the country in the coming year. The Kiel Institute for the World Economy (IfW) spoke on Wednesday of “headwinds” for the economy from within Germany and abroad. “The economy in Germany is struggling,” said Stefan Kooths, from the IFW. The institute expects […]
Court lowers bond in Trump fraud judgment appeal to $175 million
A New York appeals court on Monday lowers the bond amount that former President Donald Trump must pay as he appeals the $464 million judgment in his civil fraud trial, saying he can put up just $175 million within 10 days. The 11th hour deal temporarily prevents New York Attorney General Letitia James from moving […]
Thibodeau facing 11 counts, judge lowers bail
Mar. 23—PLATTSBURGH — Robert Thibodeau, the man suspected of attempting to bring firearms to CVPH in Plattsburgh and use them on the staff there last month, is facing 11 counts in court stemming from that incident. According to court documents, the 11 counts he is facing break down into: three counts of criminal possession of […]
UK lowers domestic threat level for Northern Ireland to ‘substantial’ from ‘severe’
Britain’s MI5 intelligence agency has lowered the threat level in Northern Ireland from domestic terrorism to “substantial”, meaning an attack is likely, from “severe”, which meant an attack was highly likely. MI5 had raised the threat level for the North to “severe” about a year ago, following attacks on police officers and weeks ahead of […]
Ifo lowers German growth forecast for 2024 to marginal 0.2% increase
Germany’s ifo Institute has once again lowered its growth forecast for this year and now sees a minimal increase of 0.2% in gross domestic product (GDP). In December the economic institute’s forecast showed a 0.9% rise which they lowered to a 0.7% increase in GDP in January. “Consumer restraint, high interest rates and price hikes, […]