The suspects were arrested at dawn - at a hotel in Zurich, Switzerland - over claims of alleged bribes worth about $100m over 20 years.
Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months. The average rate on a 30-year mortgage rose to 7.1% from 6.88% last week, mortgage buyer Freddie Mac said Thursday. When mortgage rates rise, they can add hundreds of dollars a month in costs for borrowers, limiting how much they can afford at a time when the U.S. housing market remains constrained by relatively few homes for sale and rising home prices.
Group of Seven members are discussing using nearly $300 billion in frozen Russian assets as collateral to provide loans to Ukraine, European Commission Executive Vice President Valdis Dombrovskis said on Thursday. Dombrovskis said different options were under consideration, and the discussions were ongoing. He said he hoped the European Union - where the lion's share of the frozen assets are held - would approve a separate EU measure in coming months to use the profits or interest earned on the assets to help Ukraine.
Myanmar's detained former leader and Aung San Suu Kyi was moved from prison to house arrest possibly to be used by the Southeast Asian nation's ruling junta as a human shield in its conflict with resistance fighters, her son said on Thursday. Suu Kyi has been detained by the Myanmar military since it overthrew her government in a 2021 coup. The 78-year-old Nobel laureate was held under house arrest for a total of 15 years under a previous junta.
The U.S. Department of Agriculture and the U.S. Agency for International Development will distribute $1 billion in U.S. commodities to countries with high hunger rates, the agencies said on Thursday. The countries that will receive the aid - including the Democratic Republic of Congo, Yemen, South Sudan, Sudan, and Haiti - are among the most stricken by hunger, according to the United Nations' World Food Programme. Global hunger is getting worse, with 745 million more people moderately to severely hungry worldwide in 2023 than in 2015, leaving the world off-track to meet a sustainable development goal of ending hunger by 2030, according to the United Nations.
The ad war is heating up in the Arizona Senate race, with both sides launching digital attacks this week foreshadowing the battleground campaign to come.
Neil Makhija, a county commissioner in a key Pennsylvania county, recently held a Voter Hall of Fame to inspire more people to get out and vote.
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.
For the families pressing relentlessly for the release of their loved ones taken hostage, moving forward is a contradiction.
The legendary Kennedy clan will endorse US President Joe Biden during a campaign trip to Philadelphia Thursday -- underscoring the election threat posed by family black sheep and independent candidate Robert F. Kennedy Jr. Fifteen members of the politically influential family will back Biden amid fears that a strong showing by conspiracy theorist and vaccine-skeptic "RFK Jr" could tilt the victory to Donald Trump in November's US presidential vote.- Storied surname - The endorsement will not be
The U.N. Security Council is due to vote on Thursday on a Palestinian bid for full U.N. membership, said diplomats, a move that Israel ally the United States is expected to block because it would effectively recognize a Palestinian state. The 15-member council is scheduled to vote on a draft resolution that recommends to the 193-member U.N. General Assembly that "the State of Palestine be admitted to membership of the United Nations," diplomats said. The United States has said that establishing an independent Palestinian state should happen through direct negotiations between Israel and the Palestinians and not at the U.N.
The virtual session comes days after Iran’s weekend attack.
Troops from Russia and Tajikistan on Thursday completed several days of joint exercises in the Central Asian country to rehearse scenarios for cross-border incursions by militants or illegal armed groups. Tajikistan shares a long border with Afghanistan, which is home to a branch of Islamic State. The Russian Defence Ministry released video of the drills, in which attack helicopters, drones, multiple launch rocket systems, howitzers and tanks were deployed in desert and mountain terrain against the mock enemy.
Atlantic City Mayor Marty Small said Thursday he remains committed to his family and to his city as he deals with charges that he and his wife abused their teenage daughter. In his first public comments since prosecutors on Monday charged him and his wife, LaQuetta, the city's superintendent of schools, with physically and verbally abusing their 16-year-old daughter and endangering her welfare, Small said he would not be distracted from his duties. “But I pledge to each and every one of you, it doesn't change my commitment, number one, to my family, and it doesn't change my commitment here to the great city of Atlantic City,” the mayor said.
Nine workers arrested after demonstrations at the tech giant's offices n New York and California.
A human rights organization representing ethnic Armenians submitted evidence to the International Criminal Court on Thursday, arguing that Azerbaijan is committing an ongoing genocide against them. The neighboring countries have been at odds for decades over the disputed territory of Nagorno-Karabakh, and are already facing off in a separate legal case stemming from that conflict. Lawyers for the California-based Center for Truth and Justice, or CFTJ, say there is sufficient evidence to open a formal investigation into Azerbaijani President Ilham Aliyev and other top leaders for genocide.
The European Commission proposed Thursday to start negotiations with the United Kingdom to allow young people to move freely, work and study in both regions after Brexit — the U.K.'s departure from the EU four years ago. According to the EU, the withdrawal of the United Kingdom from the EU following a referendum in 2016 has damaged mobility between the two areas. “This situation has particularly affected the opportunities for young people to experience life on the other side of the Channel and to benefit from youth, cultural, educational, research and training exchanges,” the Commission said.
House Speaker Mike Johnson is making another run at freeing TikTok from Chinese government influence. He made a tweak that appears to have made it more likely the measure reaches President Biden’s desk.
Archaeologists have discovered Maya royal bones that were dramatically and deliberately burned to indicate the end of a political era.
Biden said the sanctions, carried out in coordination with the U.K., were a response to “one of the largest missile and drone attacks the world has ever seen against Israel.”
During the first week of his hush money trial, Donald Trump visited a bodega to complain about crime and met with the Polish president.
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