WASHINGTON (AP) — Federal Reserve officials were concerned at their meeting last month that consumers were increasingly anticipating higher inflation, and they signaled that much higher interest rates could be needed to restrain it. The policymakers also acknowledged, in minutes from their June 14-15 meeting released Wednesday, that their rate hikes could weaken the economy….
NICOSIA, Cyprus (AP) — Cyprus is bringing back compulsory mask-wearing in indoor areas for everyone age 12 and over amid a surge of COVID-19 infections. The government said Wednesday the infection spike is in line with a global trend that’s mainly owed to the BA.4 and BA.5 variants of the coronavirus. According to Health Ministry…
One week after its parent company found a way to get Ben & Jerry’s ice cream sold in east Jerusalem and the occupied West Bank, the company known for its stance on social issues almost as much as for its Chunky Monkey ice cream is suing to block that from happening. Unilever announced that it…
MOSCOW (AP) — A top Kremlin official warned the U.S. Wednesday that it could face the “wrath of God” if it pursues efforts to help establish an international tribunal to investigate Russia’s action in Ukraine, while the Russian lower house speaker urged Washington to remember that Alaska used to belong to Russia. Dmitry Medvedev, the…
PARIS (AP) — France’s government plans to nationalize indebted French electricity giant EDF amid a broad energy crisis aggravated by Russia’s invasion of Ukraine, Prime Minister Elisabeth Borne said Wednesday. The French state now holds an 84% stake in the company, one of the world’s biggest electricity producers. Shares in EDF, which has suffered a…
ROME (AP) — Italian Premier Mario Draghi’s government on Wednesday staved off the immediate prospect of an early election after a key ally indicated he would remain in the coalition for now. Draghi met with former Premier Giuseppe Conte, now the leader of the populist 5-Star Movement, for more than an hour. Draghi, whose coalition…
AMSTERDAM (AP) — Several environmental groups have launched legal action against Dutch airline KLM over advertisements that promoted flying as a sustainable form of travel. Netherlands based campaigners Fossielvrij NL, supported by Reclame Fossielvrij and environmental lawyers from ClientEarth, said they think the lawsuit is the first to challenge alleged “greenwashing” by the airline industry….
NEW YORK (AP) — When Melissa Martinez applied to have her student loan debt forgiven more than a decade ago, the U.S. Department of Education told her she was ineligible. Martinez, a professor, tried again this past year and managed to erase the last $6,000 she owed for her doctorate. She wasn’t alone — according…
ANKARA, Turkey (AP) — Somalia’s president on Wednesday called for assistance from Turkey to combat the effects of severe drought that is threatening the Horn of Africa. Hassan Sheikh Mohamud made the comments during his first visit to Turkey since returning to office following an election in May. The two countries have forged close ties…
WASHINGTON (AP) — U.S. employers advertised fewer jobs in May amid signs that the economy is weakening, though the overall demand for workers remained strong. Employers posted 11.3 million job openings at the end of May, the Labor Department said Wednesday, down from nearly 11.7 million in April. Job openings reached 11.9 million in March,…
