Benning Road turns into bullet zone hours apart
WASHINGTON, D.C. — Two separate shootings unfolded just blocks apart along Benning Road NE Monday morning, leaving three men injured as Metropolitan Police work to determine whether the incidents are connected. The…
Euro zone business growth accelerated in Feb as Omicron faded -PMI
LONDON – Business activity across the euro zone accelerated sharply last month as demand soared, particularly in the bloc’s dominant services industry, according to a survey mostly conducted before Russia invaded Ukraine.…
Cutting Russia off from SWIFT a “matter of days” -euro zone central banker
PARIS – A decision to cut Russia off from the global SWIFT payment system will be taken in a matter of days, the governor of a central bank within the euro zone…
Lending to euro zone households grows at fastest rate since late 2008
FRANKFURT – Growth in bank loans to euro zone households accelerated again last month, growing at the fastest pace since late 2008, European Central Bank data showed on Friday. “Annual growth rate…
Taiwan warns Chinese aircraft in its air defence zone
TAIPEI – Taiwan’s air force scrambled again on Thursday to warn away nine Chinese aircraft that entered its air defence zone, Taiwan’s defence ministry said, on the same day that Russia invaded…
Russia’s move against Ukraine makes 2022 euro zone growth more uncertain -Commission
BRUSSELS – Russia’s recognition of the independence of Ukraine’s two breakaway regions makes the European Commission’s already reduced euro zone growth forecast for 2022 even more uncertain, European Economic Commissioner Paolo Gentiloni…
Euro zone consumer confidence falls to -8.8 points in February
– Euro zone consumer confidence fell by 0.3 points in February from the January number, figures released on Friday showed. The European Commission said a flash estimate showed euro zone consumer morale…
ECB warns about vulnerable property market in euro zone
FRANKFURT – The property market is a “key vulnerability” for euro zone banks as the rise of remote working since the pandemic dents demand for offices and households take on more debt…
Surging housing costs boosting overall euro zone inflation: ECB
FRANKFURT – Euro zone housing costs rose sharply last year, boosted by soaring German property prices and adding to already uncomfortably high overall inflation, a European Central Bank study showed on Wednesday.…
Euro zone inflation doesn’t require significant policy tightening, ECB’s Lane says
FRANKFURT – Euro zone inflation will return to trend without significant policy tightening by the European Central Bank as pandemic-related bottlenecks in goods as well as labour are resolved, the ECB’s chief…
EU exec cuts 2022 euro zone growth forecast, sharply raises inflation view
By Jan Strupczewski BRUSSELS – Euro zone economic growth will be slower than earlier expected this year because of a new wave of COVID-19 infections, high energy prices and continued supply-side disruptions,…
Euro zone inflation could subside before becoming entrenched: Lagarde
FRANKFURT – Euro zone inflation risks are on the rise but price pressures could still subside before becoming entrenched in expectations, European Central Bank President Christine Lagarde said on Monday. Pointing to…
Euro zone firms see wages rising by 3% or more, ECB says
FRANKFURT – Euro zone companies expect wages to rise by 3% or more this year as workers demand to be compensated for inflation and it becomes more difficult to find staff such…
Pennsylvania weed dealer charged with selling 25 pounds of pot in North Wildwood school zone
NORTH WILDWOOD, NJ – On Wednesday, February 2, 2022, at approximately 8:45 P.M., North Wildwood Police Department Detective Joseph Kopetsky located two abandoned suitcases in the area of 14th and New Jersey…
Euro zone business growth lost more momentum in Jan as Omicron hit demand
LONDON – Euro zone economic growth lost more momentum in January as the bloc’s dominant services industry suffered from subdued demand amid tighter restrictions to contain the Omicron coronavirus variant, a survey…
Euro zone factory growth accelerated in Jan as bottlenecks eased -PMI
LONDON – Euro zone manufacturing activity accelerated last month as supply chain bottlenecks eased, although the improvement was not evenly spread across member countries and factories still faced high inflationary pressures, a…
Euro zone economic sentiment eases in Jan
BRUSSELS – Euro zone economic sentiment deteriorated in January, data showed on Friday, pulled down by a more downbeat sentiment in the two key sectors of industry and services. The European Commission’s…
Euro zone corporate lending growth continues to accelerate
FRANKFURT – Lending to euro zone companies accelerated for the fourth straight month in December, reversing a mid-year dip, European Central Bank data showed on Friday. Lending to euro zone businesses expanded…
Goldman Sachs: markets have not reached “danger zone” levels yet
LONDON – High valuations and one of the strongest recoveries from a bear market in history have left equities vulnerable to a correction but the recent fall is not indicative that markets…
ECB’s Rehn expects euro zone inflation of around 2% in next two years -Handelsblatt
BERLIN – The drivers of inflation in the euro zone will subside over the course of the year and inflation will hover around the European Central Bank’s price stability target of 2%…
Tacoma man sentenced to two years in prison for early morning fire in ‘CHOP’ zone
Seattle –A former Seattle resident, who prior to his arrest resided in Tacoma, was sentenced today U.S. District Court in Seattle to two years in prison for setting fire to the outside…
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