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With Saphia Khambalia.
WASHINGTON (Reuters) -The Federal Reserve said on Wednesday it will likely begin reducing its monthly bond purchases as soon as November and signaled interest rate increases may follow more quickly than expected as the U.S. central bank's turn from pandemic crisis policies gains momentum. The slight hawkish tilt was signaled in a new policy statement and economic projections that showed nine of 18 Fed officials ready to raise interest rates next year in response to inflation that the central bank now expects to run at 4.2% this year, more than double its 2% target rate.
MANILA, Philippines (AP) — The popular mayor of the Philippine capital said Wednesday he will run for president in next year’s elections, the latest aspirant in what is expected to be a crowded race to succeed the controversial Rodrigo Duterte. Manila Mayor Isko Moreno, a child scavenger before becoming an actor then entering politics, told The Associated Press ahead of his public announcement that he would fight still-raging coronavirus outbreaks and long-entrenched poverty and promote democrac
BEIRUT (AP) — Coronavirus cases are surging to the worst levels of the pandemic in a rebel stronghold in Syria — a particularly devastating development in a region where scores of hospitals have been bombed and that doctors and nurses have fled in droves during a decade of war. The total number of cases seen in Idlib province — an overcrowded enclave with a population of 4 million, many of them internally displaced — has more than doubled since the beginning of August to more than 61,000. In rec
TORONTO — No winning ticket was sold for Tuesday's $60 million Lotto Max jackpot. None of the six available Maxmillions prizes of $1 million were claimed either. The jackpot for the next draw on Sept. 24 will be an estimated $65 million, with eight Maxmillions prizes up for grabs. The Canadian Press
After COVID-19 dampened plans for festivities last year, the Dr. Sun Yat-Sen Classical Chinese Garden is celebrating Mid-Autumn Festival with a full slate of activities this week. Starting Tuesday, the garden is hosting a mooncake tasting event, a tea ceremony demonstration, live music — including a 30-minute opera performance — crafts, storytelling, and moon-watching with the H.R. MacMillan Space Centre. "We're all really excited about this event," said Lorraine Lowe, executive director of the
News bulletin 2021/09/22 08:18View on euronews
DEL RIO, Texas (AP) — Many Haitian migrants camped in a small Texas border town are being released in the United States, two U.S. officials said Tuesday, undercutting the Biden administration's public statements that the thousands in the camp faced immediate expulsion. Haitians have been freed on a “very, very large scale” in recent days, according to one U.S. official who put the figure in the thousands. The official, with direct knowledge of operations who was not authorized to discuss the mat
PHOENIX (AP) — A Republican official in Arizona resigned Tuesday from the board overseeing Maricopa County after a recording emerged of him criticizing his GOP colleagues for opposing a review of the 2020 election. During the meeting recorded surreptitiously last March, Supervisor Steve Chucri suggested two fellow Republican county supervisors opposed the review by Senate Republicans because they nearly lost their own 2020 races. Chucri apologized in a statement announcing his resignation and sa
MADRID (AP) — A small Spanish island in the Atlantic Ocean is struggling days after a volcano erupted, forcing the evacuation of thousands of people, and authorities are warning that more dangers from the explosion lie ahead. Here is a look at the volcanic eruption on La Palma and its consequences: WHERE DID THE VOLCANO ERUPT? The eruption occurred Sunday afternoon on La Palma, one of eight volcanic islands in Spain’s Canary Islands archipelago, which is strung along Africa’s northwestern coast.
Starting at 5 a.m. Wednesday morning, Sept. 22, anybody planning to enter the AYR Motor Centre in Woodstock won't get beyond the front doors without proof they had both shots of the COVID-19 vaccine. Meanwhile, anyone working for the AYR Motor Centre, or anywhere with the town of Woodstock, must be fully vaccinated or must regularly take a COVID test and wear a mask at all times on the job. At the Tuesday, Sept. 21, council in committee meeting, council members heard in detail the town's steps t
An Australian-EU trade deal would be mutually beneficial and allow EU members a greater presence in the Indo-Pacific, said Australia's trade minister, as Canberra tries to repair ties with Paris after the scrapping of a $40 billion submarine deal. Australia last week cancelled a deal with France's Naval Group to build a fleet of conventional submarines and will instead build at least eight nuclear-powered submarines with U.S. and British technology after striking a trilateral security partnership with those two countries. The cancellation has angered France, which accused both Australia and the United States of stabbing it in the back, and it recalled its ambassadors from both Canberra and Washington.
Battery power may be the frontrunner to become the car technology of the future, but don't rule out the underdog hydrogen. That's the view of some major automakers, including BMW and Audi, which are developing hydrogen fuel-cell passenger vehicle prototypes alongside their fleets of battery cars as part of preparations to abandon fossil fuels. It is already betting billions on hydrogen fuel in sectors like steel and chemicals to meet climate targets, and closely-fought elections this month could see the Greens enter the coalition government and further push the technology.
WASHINGTON (AP) — The White House is facing sharp condemnation from Democrats for its handling of the influx of Haitian migrants at the U.S. southern border, after images of U.S. Border Patrol agents on horseback using aggressive tactics went viral this week. Striking video of agents maneuvering their horses to forcibly block and move migrants attempting to cross the border has sparked resounding criticism from Democrats on Capitol Hill, who are calling on the Biden administration to end its use
All residents of Prince Rupert, B.C., have been told they need to boil their drinking water for at least a minute before using it because of concerns about possible contamination. The city issued a notice late Tuesday saying that high turbidity or cloudiness has been seen in local drinking water, which could be linked to weather changes including heavy rain, surface runoff or flooding. High turbidity can cause problems with the city's disinfection system, the notice says, which means microorgani
(Reuters) -Police and FBI agents called off a fifth day of searching for the fiance of slain travel blogger Gabby Petito in a Florida wilderness as darkness fell on Wednesday, saying they had still found no sign of the man whom they have called a "person of interest" in the case. The effort to find Brian Laundrie, 23, in the swampy Carlton Reserve will resume on Thursday, said Josh Taylor, spokesman for the North Port Police Department, adding that so far there had been "nothing found." Authorities have not said why they are convinced Laundrie may still be in the alligator-infested reserve more than a week after he told family members he was headed there for a hike.
Positive COVID-19 forced the closure of the Carleton North High School in Florenceville-Bristol and Meduxnekeag Consolidated School in Woodstock, Tuesday, as students switched to distance learning. Meanwhile, Public Health announced more infections related to three Perth-Andover schools. Students at the John Caldwell School in Grand Falls will also be learning from home as Public Health announced a confirmed case at that facility. Anglophone West School District broke the news over social media
For the first time in more than a century, Campbell Creek on Fredericton's north side is running freely. Crews have worked since August to remove a 100-year-old dam from the creek, a tributary of the Nashwaak River, in the hopes of returning the waterway to its natural state. "It was an incredibly gratifying thing to witness," said Natalie Deseta, project co-ordinator at the Nashwaak Watershed Association, one of the conservation groups working on the project. The concrete dam was built in 1919
NEW YORK (AP) — Former President Donald Trump on Tuesday sued his estranged niece and The New York Times over a 2018 story about his family’s wealth and tax practices that was partly based on confidential documents she provided to the newspaper’s reporters. Trump’s lawsuit, filed in state court in New York, accuses Mary Trump of breaching a settlement agreement by disclosing tax records she received in a dispute over family patriarch Fred Trump’s estate. The lawsuit accuses the Times and three o
The three major U.S. stock indexes rose 1% on Wednesday as investors mostly took in stride the latest signals from the Federal Reserve, including clearing the way for the central bank to reduce its monthly bond purchases soon. The S&P 500 registered its biggest daily percentage gain since July 23. While trading was choppy following the Fed's latest policy statement and comments by Fed Chair Jerome Powell, stocks finished close to where they were before the central bank news.
Lorna Lovell says it's never too late to follow your dreams. Her recent debut album, Whenever I Sing, has been warmly received, and Lovell has just released a music video for one of the songs on the album All Your Dances. All this as she approaches 50. "Life keeps throwing curveballs at me and I keep dodging them," Lovell says, "and sometimes heave them back." Musical childhood Lovell grew up in McIvers on the west coast of Newfoundland, where she said music was a big part of her childhood. She