New Jersey Migrant Who Killed Mother in Child in DWI Crash Nearly Hit Red Bank Cop Head On Weeks Prior
Red Bank, NJ – An undocumented immigrant (illegal alien) accused of killing a mother and her 11-year-old daughter in a DWI crash was released by New Jersey judges three times in four…
Thai central bank likely to hike rate next month, ups GDP outlook – official
BANGKOK – Thailand’s central bank is highly likely to raise its key policy rate at its August meeting, an official said on Friday, as its economic recovery gains more traction and as…
Brazil central bank to raise rates by 50 bps on Aug. 3: Reuters poll
By Valentine Hilaire MEXICO CITY – Brazil’s central bank will hike its key rate by 50 basis points next week, a Reuters poll showed on Friday, matching an increase at its last…
Suspect in Red Bank Catholic High School Arson Investigation Arrest
RED BANK, NJ – A 24-year-old Red Bank man has been arrested and charged for robbing a pharmacy in Little Silver and setting three fires in Red Bank. The 12-hour crime spree…
‘Embrace the uncertainty’ from less central bank guidance – former Fed officials
By Lisa Pauline Mattackal (Reuters) – Investors and policymakers should welcome the Federal Reserve’s changing tack to provide less definitive signals on forward guidance, even as markets scramble to guess the U.S.…
Philippine central bank chief sees 2023 inflation back within target band
MANILA – The Philippine central bank expects inflation to ease back to within its 2%-4% target band next year, from a projected average of 5% this year, its governor said on Friday.…
New York Man Pleads Guilty to Bank Fraud
CONCORD – Robert Willim, 63, of Brooklyn, New York, pleaded guilty in federal court to bank fraud, United States Attorney Jane E. Young announced today. …
Two Colorado Men Accused of 10 Violent Take-Over Bank Robberies
DENVER – The United States Attorney’s Office for the District of Colorado announces that Jonathan Gullette, age 24, of Aurora, and co-defendant, Jerome Bravo, age 37, of Denver, have been indicted for committing…
Swiss National Bank reiterates it can act at any time if needed
ZURICH – The Swiss National Bank may take monetary policy measures at any time between its regular meetings if it deems it necessary, the bank said in an interim publication on Thursday,…
Several Taiwan central bank board members raise off-cycle rate hike possibility
TAIPEI – Several board members of Taiwan’s central bank suggested that it could make an off-cycle rate hike before the next scheduled meeting in September, minutes of their June meeting showed on…
Philippine central bank to use “full force” of measures to tackle inflation risks
MANILA – Philippine’s central bank is ready use the “full force of available measures” and take all necessary monetary policy actions to combat inflation, its governor said on Thursday, after the U.S.…
Serial Bank Robber Sentenced To More Than 27 Years In Federal Prison
Orlando, Florida – U.S. District Judge Carlos E. Mendoza today sentenced Raul Reyes-Vazquez (50, Tampa) to 27 years and 3 months in federal prison for committing bank robberies while on federal supervised…
Kuwait central bank raises key rate by 25 bps to 2.5%
(Reuters) – The Central Bank of Kuwait said on Wednesday it increased its discount rate by 25 basis points to 2.5%, after the U.S. Federal Reserve’s three quarters of a percentage point…
Russian central bank looks to spread risks across banking sector – Expert magazine
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – As Russian banks contend with foreign currency and payment headaches, the central bank…
Newark Bank Robber Also Charged with Aggravated Assault
NEWARK, NJ – The man who robbed a Santander Bank in Newark on Monday is now facing aggravated assault charges in addition to bank robbery charges. Robert A. Bruno, 29, of Newark,…
Thai economy to improve further in H2 on consumption, tourism – central bank
BANGKOK – Thailand’s economy improved in June and the momentum should continue into the second half thanks to increased tourism and domestic consumption as pandemic curbs ease, a central bank official said…
S. Korea central bank member affirms tightening outlook, notes downside risks
SEOUL – A South Korean central-bank board member affirmed on Wednesday that interest rates should rise further but added that increases should be gradual, since downside risks to both exports and consumer…
N.Korea’s economy shrinks for two straight years but pace of slowdown eases -S.Korea central bank
By Soo-hyang Choi SEOUL – North Korea’s economy shrank in 2021 for a second straight year after suffering its biggest contraction in more than two decades the previous year amid U.N. sanctions…
Methuen Man Pleads Guilty to Armed Bank Robbery
BOSTON – A Methuen man pleaded guilty today in federal court in Boston to armed bank robbery. Caio Costa, 26, pleaded guilty to one count of armed bank robbery and one count…
Career Armed Bank Robber Sentenced to Nearly 20 Years in Federal Prison for Latest String of 10 Heists Across Southern California
LOS ANGELES – A man who served more than two decades in state prison for a series of armed bank robberies in the 1990s was sentenced this morning to 235 months…
Bank of Canada rate hikes to sting many home equity borrowers
By Nichola Saminather TORONTO – Canadians whose use of home equity lines of credit (HELOC) has climbed recently following a surge in real estate values during the pandemic could be hit by…
IDB cannot rubber-stamp Argentina’s funds request – bank president
(Reuters) – The Inter-American Development Bank (IDB) cannot “rubber-stamp” cash for Argentina without it meeting commitments to improve macroeconomic conditions, the IDB President said on Monday. In a letter to the editor…
Phoenix Man Sentenced to 40 Months for Six Valley Bank Robberies
PHOENIX, Ariz. – Last week, Anthony Medina, 36, of Phoenix, Arizona, was sentenced by United States District Judge John J. Tuchi to 40 months in prison. Medina previously pleaded guilty to two…
Indonesia central bank says to ensure QE-era bond sales do not disrupt market
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA – Indonesia’s central bank said a plan to sell billions of dollars worth of bonds bought during the pandemic would be conducted carefully, after analysts…
China to step up support for cultural and tourism recovery – central bank
BEIJING – China’s central bank will guide domestic financial institutions to provide credit services to the cultural and tourism sectors which have been hit hard by the COVID-19 pandemic, it said in…
European Central Bank will consider economic situation when deciding on rates -Holzmann
(Reuters) – The European Central Bank will consider the economic situation before deciding whether to press ahead with another big interest rate hike in September, policymaker and fiscal hawk Robert Holzmann said…
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