BANGKOK (AP) — Shares advanced in Europe after a mixed session Thursday in Asia as uncertainty persists over interest rates and inflation. Benchmarks rose in Paris, London, Shanghai and Hong Kong but fell in Tokyo, Seoul and Sydney. The Fed has been saying that it plans to hike interest rates a couple more times and then hold them at a high level at least through the end of the year. Williams warned that interest rates may need to go higher if stock prices rally and bond yields fall too much, among other loosening financial conditions, because that could drive inflation higher. Brent crude, the pricing basis for international trading, advanced 8 cents to $85.17 per barrel.
KYIV, Ukraine (AP) — Ukrainian forces continued to pile on the pressure on Russian positions in occupied Kherson Friday, targeting resupply routes across the Dnieper river as Kyiv inched closer to a full-scale assault to retake the strategic southern port city. Russian-installed officials have urged residents to evacuate from Kherson city for their safety and to allow the military to build fortifications. Ukraine’s military reported Friday that bank employees, medical workers and teachers have started to be evacuated as the city’s infrastructure also began to wind down. Kherson city, with a prewar population of about 284,000, was one of the first urban areas Russia captured when it invaded Ukraine, and it remains the largest city it holds. Russian troops have been unable to advance toward the city for over a month now.5 months ago Metro US
2 official and a chief proponent of economic reforms, is among four of the seven members of the nation’s all-powerful Politburo Standing Committee who will not be reappointed in a leadership shuffle Sunday. Only Central Committee members can serve on the Standing Committee. The party congress also approved an amendment of the party constitution Saturday that could further enhance Xi Jinping’s stature as China’s leader. Xi is expected to retain the top spot when the new Standing Committee is unveiled Sunday. The roughly 2,000 delegates to the party congress — wearing blue surgical masks under China’s strict zero-COVID policy — met in the Great Hall of the People in central Beijing.5 months ago Metro US
But he hit just .139 with three RBIs and 15 strikeouts in the postseason, going 1 for 16 (.063) with no RBIs against the Astros. I mean, it happens all the time where the greatest of greats go through a struggle,” Boone said. You’re going to have some ups and downs.”Able to negotiate with all teams starting on the sixth day after the World Series, Judge is due a big reward for betting on himself. Boone then removed Cortes, and the Yankees announced the left-hander had a reoccurrence of a left groin injury. The Yankees hit .173 with 103 strikeouts in nine postgame games, including .162 against the Astros.5 months ago Metro US
The Manchester United and France defender couldn’t hide his emotions as he feared his World Cup hopes were dead. The Brazil striker had tears in his eyes as he spoke of his “dream” of representing his country at the World Cup potentially being over. It is a different World Cup, but that is something national managers have to deal with. But the mid-season element of this World Cup, combined with the hectic club calendar, has heightened tensions. I’d always advise them to be ready for the World Cup, don’t get injured, be focused and play your maximum in the game.4 months ago Metro US
Garland added 12 assists, including an alley-oop to Mitchell in OT that put the Cavs up 112-109 in their second victory over the Celtics in less than a week. Brown scored 30 and Tatum 26 for the Celtics, who were looking to avenge an OT loss at home last week to the Cavs, who overcame a 15-point deficit. But back doing what he does best, the 22-year-old Garland led the Cavs to another signature win in this young season. Allen added 14 points and 14 rebounds for the Cavs, who had some offensive issues while welcoming Garland back. Garland didn’t show a speck of rust early on, making his first three 3-pointers and scoring 14 points in the first quarter — his career high for the first 12 minutes.4 months ago Metro US
Humboldt County, where a 6.4 magnitude earthquake struck on Dec. 20, also saw roadways begin to flood, according to the National Weather Service’s Eureka office. The California Highway Patrol reported some local roads in eastern Sacramento were under water and impassable at times on Friday. “Strong winds could cause tree damage and lead to power outages and high waves on Lake Tahoe may capsize small vessels,” the weather service in Reno said. Heavy showers are forecast for Tuesday or Wednesday, the National Weather Service in Oxnard said. The rain was welcomed in drought-parched California, but much more precipitation is needed to make a significant difference.2 months ago Metro US
Former Vice President Mike Pence has been subpoenaed by the special counsel overseeing investigations into efforts by former President Donald Trump and his allies to overturn the results of the 2020 election, according to a person with direct knowledge of the event. The extraordinary scenario of a former vice president potentially testifying against his former boss in a criminal investigation comes as Pence considers launching a 2024 Republican presidential bid against Trump. It is unclear whether efforts to secure voluntary testimony from Pence stalled before the subpoena was issued. Spokespeople for Pence and Smith declined to comment on the issuance of the subpoena, which was first reported by ABC News. Pence was a central figure in Trump’s efforts to stay in power after losing the 2020 election.1 month ago Metro US