A military transport plane crashed into a popular hotel and residential area in northern Indonesia on Tuesday, killing at least 30 people.
Six Georgian opposition parties appealed on Thursday for mass protests against a government bill on "foreign agents" which they say aims to block the South Caucasus country's path towards the European Union and NATO. The bill, which critics compare to legislation that Russia has used extensively to crack down on dissent, has already prompted three straight nights of demonstrations this week in the capital Tbilisi. In their jointly published statement, the opposition parties hailed the protesters' "fighting spirit" and slammed the ruling Georgian Dream party for supporting the bill.
The United States and Britain announced widespread sanctions against Iran's military drone program on Thursday, in response to its weekend attack against Israel. - Britain also sanctions Tehran - In coordination with the US Treasury, the UK government announced its own suite of sanctions against Tehran on Thursday, targeting seven individuals and six companies for enabling Iran to continue its "destabilizing regional activity, including its direct attack on Israel."
The U.S. Commerce Department plans to scale back export control requirements for Australia and the United Kingdom to foster defense trade under the three countries' AUKUS security pact, reducing burdens for licenses valued at more than $7.5 billion. U.S. export licensing requirements for the UK and Australia would be nearly the same as Canada under a proposed regulatory change published on Thursday.AUKUS, formed by the three countries in 2021, is part of efforts to push back against China's growing influence. The streamlined export rules would reduce licensing requirements for exports to Australia and the UK by 80%, or more than $7.5 billion annually, Commerce's Bureau of Industry and Security (BIS) said in a statement on Thursday.
Netflix will report first quarter earnings after the bell on Thursday. Here's what to expect.
New York Fed president John Williams on Thursday became the latest central bank official to dial back the timing of any easing in monetary policy.
New England will be the latest region to see gasoline prices spike higher.
Russia said Thursday that fresh US aid for Ukraine will not change the dynamics on the battlefield, as Washington gears up for a crucial weekend vote on long-stalled military funding for Kyiv.Ukraine has struggled on the battlefield for months, outgunned and outnumbered by Russian forces amid a shortage of Western military aid.
Booming sales of cold drinks at Starbucks have created a problem: growing amounts of plastic waste from the single-use cups that Frappuccinos, Refreshers, cold brews and other iced drinks are served in. The coffee giant said Thursday it plans to alleviate some of that waste with new disposable cups that contain up to 20% less plastic. Amelia Landers, Starbucks’ vice president of product innovation, said the Seattle-based company spent the last four years developing the new containers.
The spring homebuying season is off to a sluggish start as home shoppers contend with elevated mortgage rates and rising prices. Sales of previously occupied U.S. homes fell 4.3% in March from the previous month to a seasonally adjusted annual rate of 4.19 million, the National Association of Realtors said Thursday. Existing home sales also fell 3.7% compared with March last year.
Russia is making overseas travel harder for some officials due to fears that foreign powers may try to gain access to state secrets during the worst crisis in relations with the West for more than 60 years, nine sources told Reuters. The Federal Security Service (FSB) is putting pressure on employees across government ministries not to leave Russia at all, even to visit so-called 'friendly' countries that have not imposed sanctions against Moscow, the sources said. Foreign travel was highly restricted during Soviet times and even before the Ukraine war those with access to certain secret information were banned from leaving Russia.
House Speaker Mike Johnson is including the TikTok divest-or-ban bill in an aid package for Ukraine and Israel.
Senior U.S. and Israeli officials will hold a virtual meeting on Thursday about Israel's plans for the southern Gaza city of Rafah as Washington seeks alternatives to an Israeli offensive, a U.S. official said. President Joe Biden has urged Israel not to conduct a large-scale offensive in Rafah to avoid more Palestinian civilian casualties in Gaza, where Palestinian health authorities say more than 32,000 people have been killed in Israel's assault. The meeting comes as Israel considers launching an attack on Iranian targets in response to Iran's launching of a barrage of drones and ballistic missiles last weekend against Israel.
Global stock markets mostly rose Thursday with traders mulling the outlook for US interest rates as Federal Reserve officials questioned the need for a cut anytime soon."The stock market has found it increasingly difficult to maintain intraday gains as participants have been in more of a de-risking mode following five straight monthly gains that have stretched valuations to a point that have clashed with rising interest rates," said market analyst Patrick O'Hare at Briefing.com.
When the BP Deepwater Horizon drilling rig exploded in 2010 and spewed many millions of gallons of oil into the Gulf of Mexico, the disastrous spill damaged the economy, devastated the environment and required thousands of regular people to help clean it up. Many of them got sick, but a settlement was supposed to help. BP agreed to pay workers who got ill after exposure to oil and a chemical dispersant used to break it up.
The United States slapped new sanctions Thursday on sixteen people and two entities associated with Iran’s drone program as it looks to punish Tehran for last weekend’s attack on Israel.
In the United States, she said, “the flipside'' of unexpectedly strong economic growth is that it ”taking longer than expected'' to bring inflation down. Georgieva also warned that government debts are growing around the world. On Tuesday, the IMF said it expects to the global economy to grow 3.2% this year, a modest upgrade from the forecast it made in January and unchanged from 2023.
Google has fired more than two dozen employees for protesting the company's $1.2 billion contract to provide the Israeli government and military with cloud and artificial intelligence services.
Service has been mostly restored after law enforcement agencies in at least four states reported 911 service interruptions Wednesday evening, though the cause of the outages remains unclear.
WASHINGTON (Reuters) -The United States on Thursday announced new sanctions on Iran targeting its unarmed aerial vehicle production after its attack on Israel, and U.S. President Joe Biden said G7 leaders were committed to acting together to increase economic pressure on Tehran. Biden said the United States and its allies had helped Israel beat back the April 13 missile and drone strike and were now holding Iran accountable with the new sanctions and export controls.
If Israel targets Iranian nuclear sites, Iran "will surely and categorically reciprocate with advanced missiles against their own nuclear sites."
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