Top U.S. diplomat speaks with wife of WNBA star Griner, official says
(Reuters) – U.S. Secretary of State Antony Blinken held a telephone conversation on Wednesday with the wife of WNBA star Brittney Griner, who has been …
Says
IMF says it will start talks with Tunisia over loan program
By Tarek Amara TUNIS – The International Monetary Fund said on Wednesday it welcomed an economic reform program announced by the Tunisian government this month …
Russian troops ‘executed’ photographer in Ukraine, press group says
PARIS – Ukrainian photographer Maksim Levin was “executed in cold blood” alongside his friend Oleksiy Chernyshov by Russian forces north of Kyiv on March 13, …
Fed’s Harker says interest rates should reach above 3%, then reassess
(Reuters) – The U.S. Federal Reserve should raise interest rates above 3% by the end of this year and then reassess how much more it …
U.S. Senate’s no. 2 Republican says gas tax holiday ‘dead on arrival’
WASHINGTON – President Joe Biden’s request that Congress pass a three-month suspension of the federal gasoline tax “is dead on arrival,” U.S. Senator John Thune, …
PHOTOS: South Jersey Forest Fire Burns 13,500 Acres, State Says 95% Contained
MULLICA RIVER, NJ – A 13,500-acre fire inside Wharton State Forest near Mullica River is expected to continue to burn and smolder for a few …
Omicron-specific COVID vaccines on the horizon, Pfizer chief says
WASHINGTON – COVID-19 vaccines that specifically target the Omicron and other variants are under development, Pfizer Inc’s chief executive said on Wednesday, adding that the …
Get cracking with phasing out remaining Libor, UK watchdog says
By Huw Jones LONDON – The financial sector should not bet on remaining deadlines changing for the phasing out of the use of Libor interest …
BoE will ‘act forcefully’ to stem inflation, says Britain’s Sunak
LONDON – The Bank of England will “act forcefully” to combat rising prices, British finance minister Rishi Sunak said on Wednesday, as data showed UK …
Donald Trump likely no longer in contempt, New York attorney general says
By Jonathan Stempel NEW YORK – Donald Trump is likely no longer in contempt of court for failing to comply with a subpoena in a …
Brazil’s central bank should take ‘assertive’ stance to curb inflation, director says
BRASILIA – An “assertive” action by the Brazilian central bank is necessary for inflation to converge to the government’s official target, the central bank’s director …
Fox News Guest Says Biden Administration Encouraged ‘Illegal Activity’ Against Supreme Court
Fox News Guest Says Biden Administration Encouraged ‘Illegal Activity’ Against Supreme Court Harold Hutchison on June 21, 2022 The president of a public-interest law firm …
Yellen says Biden not considering Canadian lumber for tariff relief
By David Lawder ROSEBUD, South Dakota – U.S. Treasury Secretary Janet Yellen said on Tuesday that President Joe Biden is not expected to cut U.S. …
Uvalde mayor says district attorney asked city to not release shooting probe records
WASHINGTON – Uvalde Mayor Don McLaughlin said on Tuesday that the Uvalde County district attorney has asked the city to not release records related to …
Biden says U.S. gas tax holiday would have no major impact on highway funds
WASHINGTON – U.S. President Joe Biden on Tuesday said a potential suspension of the federal gasoline tax would have some, but not significant, impact on …
Carrefour CEO says well placed to deal with sustained inflation
DUBLIN – Carrefour’s chief executive said global inflation is here to stay and that the supermarket chain is well placed to manage it due to …
Classroom door in Uvalde school shooting was not locked, official says
(Reuters) – The classroom door in the Uvalde elementary school where 19 children and two teachers were killed in May was not locked even as …
U.S. SEC says charges Egan-Jones, CEO with conflict of interest violations
WASHINGTON – The U.S. Securities and Exchange Commission (SEC) said on Tuesday that it has charged Egan-Jones Ratings Co. and its chief executive with conflict …
U.S. to limit use of anti-personnel landmines, White House says
WASHINGTON – The United States has decided to limit the use of anti-personnel landmines, joining most countries around the world including all of its NATO …
Crypto fears now materialising, central bank body BIS says
By Marc Jones LONDON – Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for …
BoE’s Pill says rate rises are a blunt tool, cannot fine-tune sterling
By David Milliken and Andy Bruce LONDON – The Bank of England’s monetary policy must focus on its main goal of controlling inflation, rather than …
Elon Musk says he is undecided on U.S. election at this point
DOHA – Billionaire Elon Musk said on Tuesday he has not decided who he will support in the next presidential election in the United States. …
Tesla to cut salaried workforce by 10% over next 3 months, says Musk
DUBAI – Electric carmaker Tesla will reduce its salaried workforce by roughly 10% over the next three months, Chief Executive Elon Musk said on Tuesday. …
Japan Finance Minister says to respond to FX moves appropriately if necessary
TOKYO -Japanese Finance Minister Shunichi Suzuki said on Tuesday he was concerned about recent sharp yen weakening and would appropriately respond to exchange market moves …
Yellen says gasoline tax holiday worth considering as anti-inflation tool
By David Lawder TORONTO – U.S. Treasury Secretary Janet Yellen said on Monday that a gasoline tax holiday should be considered as a way to …
Euro zone at risk of “inflation psychology”, ECB’s Lane says
LONDON – Record high euro zone inflation risked fuelling “inflation psychology,” European Central Bank chief economist Philip Lane said on Monday, referring to a phenomenon …
Countries would implement minimum corporate tax to avoid revenue loss, says Yellen
TORONTO – U.S. Treasury Secretary Janet Yellen said on Monday that once some countries start implementing a global minimum tax on multi-national companies, other countries …
United Airlines expects fuel prices to stay high over long-term, says CEO
DOHA – United Airlines expects fuel prices to stay high in the long-term, its chief executive said on Monday. Scott Kirby, speaking to reporters in …
Airport service providers could sue over flight caps, says Swissport boss
By Alexander Cornwell DOHA – Airports capping flight numbers this summer could face legal challenges from service providers to recoup costs after recruiting workers based …
European food delivery firms face forecast cuts as inflation surges, says J.P. Morgan
(Reuters) – European food delivery companies will be forced to slash their forecasts in the second half of the year as record-high inflation and rising …
New Jersey Governor Phil Murphy Says Vaccinate Your Young Children
TRENTON, NJ – With COVID-19 vaccines now available for children between the ages of 6 months old to 5 years old, New Jersey Governor Phil …
China says it tested missile-interception system
SHANGHAI – China has carried out a land-based missile interception test that “achieved its expected purpose”, the Defence Ministry said, describing it as defensive and …
No deal to end gun violence, U.S. Republican lawmaker says
WASHINGTON – Lawmakers remain far apart on the most important gun safety issues now under debate in Congress, a Republican senator said Sunday, casting doubts …
Biden deciding on China tariffs, says he will speak with Xi soon
REHOBOTH BEACH, Delaware – President Joe Biden said on Saturday he was in the process of making up his mind on easing U.S. tariffs on …
Boris Johnson says he is confident of the legality of UK’s Rwanda migrant plan
LONDON – British Prime Minister Boris Johnson said on Saturday he was confident of the legality of his government’s plan to send some asylum seekers …
Businesses must help cut cost of living, UK government adviser says
LONDON – Businesses should do more to reduce prices in the coming months to help Britons struggling with rising inflation, the government’s cost of living …
Sovcomflot fleet fully covered by Russian insurers, CEO says
(Reuters) – RRussia’s state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief executive said, after …
CEO of Rosneft says BP still remains major stakeholder
(Reuters) – Igor Sechin, the head of Russian oil major Rosneft, said on Saturday that BP still remains its largest private shareholder despite having announced …
Russian imports may drop by 30% this year, says top official -Tass
(Reuters) – Russian imports may drop by 30% this year but will not dwindle to zero, Tass news agency reported Alexei Kudrin, a former finance …
Lakewood Mayor Says Town Experiencing Large Increase in Illegal Fireworks Use
LAKEWOOD, NJ – As the Fourth of July approaches and the official start to summer draws near, Lakewood Township Mayor Ray Coles (D) says the …
Fed says commitment to battle inflation ‘unconditional’
(Reuters) – The Federal Reserve, which earlier this week unveiled its biggest interest rate hike in more than a quarter of a century, on Friday …
Ukraine receives first funds through IMF account, PM says
KYIV -Ukraine has received a loan of one billion Canadian dollars ($770 million) on concessional terms, its first funds through an “administered account” set up …
Novak says Russia waiting on Siemens, Canada over return of turbine
(Reuters) – Russia must wait and see what Germany’s Siemens Energy and Canada offer in regard to equipment for the Nord Stream 1 gas pipeline, …
Russian economy may need a decade to return to pre-sanctions levels, Sberbank says
(Reuters) – Russia’s economy may need a decade to return to the pre-sanctions levels of 2021, the chief executive of the country’s top bank Sberbank …
Russia says cutting oil production would have risks, require calculation
(Reuters) – The idea of cutting oil production in Russia to further increase prices has risks and would require calculation, Deputy Finance Minister Alexei Sazanov …
ECB’s Knot says several 50 bps rate hikes possible if inflation worsens
BRUSSELS -European Central Bank policymaker Klaas Knot told Dutch radio broadcaster BNR on Friday the ECB may need to make several 50 basis point rate …
Biden says U.S. recession is not inevitable -AP interview
(Reuters) – President Joe Biden said a recession is “not inevitable” and he is confident the United States can overcome inflation, the Associated Press reported …
Russian truckmaker Kamaz struggles to settle payments due to sanctions, CEO says
(Reuters) – Kamaz, Russia’s largest truckmaker, sees its exports stagnating at last year’s levels or falling slightly as clients shy away from settling payments with …
UK-EU trade war? Sefcovic says all options are on the table
LONDON – The European Union will keep all options on the table in terms of its response to Britain’s move to override some post-Brexit rules …
NJ Attorney General Says Ford Liable for Toxic Sludge in Tribal Land
RINGOOWD, NJ – The New Jersey Attorney General today said a lawsuit was filed against Ford Motor Co. over its contamination of hundreds of acres …