Elon Musk: The Thorn in Congress and Senate’s Side We’ve Always Needed
In an era where government spending and bureaucratic inefficiency are often criticized yet rarely challenged, Elon Musk has emerged as a notable disruptor, positioning himself as a public advocate against wasteful government…
White House: Monitoring situation at First Republic, could step in if needed
By Andrea Shalal WASHINGTON (Reuters) – The White House is continuing to monitor the situation at First Republic Bank, which has continued to lose deposits this week, spokesperson Karine Jean-Pierre said on…
Fed’s Waller: Not much progress on inflation, higher rates needed
By Howard Schneider (Reuters) – Despite a year of aggressive rate increases U.S. central bankers “haven’t made much progress” in returning inflation to their 2% target and need to move interest rates…
Russia’s Prigozhin says no sign Ukraine quitting Bakhmut, more support needed
(Reuters) – The head of Russia’s private Wagner militia said on Thursday that Ukrainian forces were not abandoning the city of Bakhmut but that, even if they did, he would need more…
IMF says Serbia’s economy resilient, but more reforms needed
BELGRADE (Reuters) – Serbia was largely resilient to higher food and energy prices, lower electricity production, drought, and tightening global financial conditions in 2022, but it must pursue reforms to maintain stability…
South Korea vows swift market stabilisation measures if needed
SEOUL (Reuters) – South Korea’s finance minister said on Thursday the economic and financial policy authorities would keep closely monitoring the markets situation and take stabilisation measures if needed. Minister Choo Kyung-ho…
US House Financial Services chair: too early to tell if new laws needed after bank failures
By Kanishka Singh WASHINGTON (Reuters) – U.S. House of Representatives Financial Services Committee Chairman Patrick McHenry said on Wednesday it was too early to tell if new legislation is necessary after the…
Japan, Germany agree to carefully monitor markets, coordinate as needed
By Tetsushi Kajimoto TOKYO (Reuters) – Japan and Germany agreed on Saturday to coordinate closely on financial jitters stemming from problems among Western banks while carefully monitoring global markets and economy, a…
White House says regulators have the tools needed for banking disruptions
ABOARD AIR FORCE ONE (Reuters) – U.S. financial regulators have the tools they need to deal with disruptions and supervise banks, and President Joe Biden is confident in the steps he has…
Italy says hopes EU acts to shore up banks if needed, after SVB collapse
ROME (Reuters) – Italy’s Economy Minister Giancarlo Giorgetti is closely watching market developments following the collapse of the Silicon Valley Bank (SVB), the ministry said on Monday, adding that the European Union…
Man struck with bottle inside Bronx deli needed over 40 stitches
NEW YORK, NY – A 35-year-old man is recovering after being struck in the face with a glass bottle resulting in a laceration that needed more than 40 stitches to repair. According…
Fed’s Daly: tighter policy, for a longer time, ‘likely’ needed
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Saturday sounded a clear warning on the inflationary threat, and signaled that the U.S. central bank may raise interest rates further,…
More work needed on AUKUS technology sharing – British, Australian officials
WASHINGTON (Reuters) – More work is needed to break down bureaucratic barriers to technology sharing in the second pillar of a trilateral defense agreement between Australia, Britain and the United States, British…
EXCLUSIVE: West Point Said Applicants Needed The COVID Vaccine Weeks After Mandate Ended
EXCLUSIVE: West Point Said Applicants Needed The COVID Vaccine Weeks After Mandate Ended Micaela Burrow on February 26, 2023 West Point affirmed that prospective candidates should be vaccinated against COVID-19, weeks after…
Broad backing needed for new tribunal to prosecute Russia over Ukraine – EU justice official
By Gabriela Baczynska BRUSSELS (Reuters) – Any new tribunal to judge Russia’s invasion of Ukraine must have enough international backing to credibly prosecute the highest political and military leaders in Moscow, the…
‘Climate Idealism Meets The Reality’: Green Energy Failed To Meet Power Demand When It Was Most Needed
‘Climate Idealism Meets The Reality’: Green Energy Failed To Meet Power Demand When It Was Most Needed Jack McEvoy on December 29, 2022 Renewable energy was unable to generate sufficient power to…
ECB’s strong policy response needed for next half year, Kazimir says
(Reuters) – The inflation outlook requires the European Central Bank to continue with its strong policy response, and interest rates will need to go into “restrictive” territory and stay there longer, ECB…
China’s economy picking up but “arduous efforts” needed to sustain momentum – state planner
BEIJING (Reuters) – China’s economy is expected to pick up, but “arduous efforts” are needed to sustain the recovery in growth due to an adverse external environment and the global economy’s loss…
White House’s Deese: Increase in food prices too high, progress needed
WASHINGTON (Reuters) – U.S. President Joe Biden’s top economic adviser, Brian Deese, told MSNBC on Wednesday that the rise in food prices was too high and remained an area where more progress…
Germany not facing gas emergency but more savings needed -regulator
FRANKFURT (Reuters) – Germany is currently not at risk of a gas emergency that would include rationing, the head of its energy regulator said, but he said that households and industry needed…
Czech policymaker Dedek says steady rates needed as inflation peaks
By Robert Muller PRAGUE (Reuters) – The Czech National Bank can hold off on interest rate rises as inflation is peaking, although any loosening of monetary policy is still way off, one…
U.S. Fed policy now more hawkish than policy rules suggest is needed
By Michael S. Derby (Reuters) – Federal Reserve interest rate policy has moved beyond the level called for by commonly followed monetary policy rules, according to a report released on Thursday by…
ECB’s Makhlouf sees smaller interest rate hikes in 2023, if needed
DUBLIN (Reuters) – The European Central Bank will likely increase interest rates by smaller increments next year if further hikes are needed, governing council member Gabriel Makhlouf was quoted as saying on…
‘They Needed A New Boogeyman’: NBC Reporter Blames ‘QAnon Narrative’ For Colorado Springs Shooting
‘They Needed A New Boogeyman’: NBC Reporter Blames ‘QAnon Narrative’ For Colorado Springs Shooting Harold Hutchison on November 21, 2022 A NBC reporter appeared to blame “QAnon” narratives targeting “drag shows” for…
Cuba and U.S. make progress in migration talks, but more is needed, Cuba says
By Dave Sherwood HAVANA (Reuters) – Cuba and the United States are making progress in talks aimed at curbing a migration crisis that saw a record number of Cubans arrive at the…
U.S. debt limit increase not needed this year -Sen. McConnell
WASHINGTON (Reuters) -U.S. Senate Republican Leader Mitch McConnell on Tuesday downplayed the likelihood the chamber will vote by year’s end to raise the federal government’s statutory limit on borrowing, noting that such…
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