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Most markets down as Fed holds and Trump announces fresh tariffs

Asian markets mostly fell Thursday while the dollar held most of its gains as traders weighed a cautious Federal Reserve with strong tech earnings and Donald Trump's tariffs on key economies South Korea and India.

Terrified by Trump raids, LA's undocument migrants hide at home

For over a month, Alberto has hardly dared to leave the small room he rents in someone's backyard for fear of encountering the masked police who have been rounding up immigrants in Los Angeles.

Last news

WTO: China can slap duties on $645 mn of US imports

The World Trade Organization on Wednesday handed a fresh victory to China, permitting it to slap duties on $645 million worth of US imports per year, in a long-running anti-dumping dispute with Washington.

Liberal US Supreme Court justice Stephen Breyer to retire: media

Stephen Breyer, one of three liberal justices on the US Supreme Court, plans to retire, paving the way for Joe Biden to name a replacement on the nation's highest court, media reported Wednesday.

US warns firms over doing business in Myanmar

The US government warned companies Wednesday to be extremely wary of doing business in Myanmar, citing the risks of being linked to a military government involved in lawlessness and human rights abuse.

Russia, Ukraine hold talks as US warns of invasion

Top officials from Ukraine and Russia met in Paris on Wednesday for talks to defuse tensions on their border, a meeting seen as a positive step by France despite fresh warnings from the US that Moscow was preparing military action.

'Every indication' Putin plans force by mid-February: US

The United States believes that Russian President Vladimir Putin remains poised to use force against Ukraine by mid-February despite a pressure campaign to stop him, a top diplomat said Wednesday.

Stocks rally before key Fed update

European and US stock markets powered higher Wednesday, recovering further from recent sharp losses, as traders await the outcome of a key Federal Reserve policy meeting.

Sudanese rally against UN bid to resolve post-coup crisis

Thousands of Sudanese pro-military protesters rallied Wednesday against a UN bid to resolve a political crisis in the country three months after a coup, an AFP correspondent reported.

Art Basel wins Paris slot over France's own art fair

The French art world was shaken Wednesday by news that the Art Basel fair has swooped in to replace France's own, long-running FIAC at the Grand Palais in Paris.

Putin addresses Italian firms despite Ukraine tensions

Russian President Vladimir Putin spent more than two hours Wednesday in a virtual meeting with top Italian executives, despite Rome's opposition due to escalating tensions over Ukraine.

Hundreds of IS jihadists surrender as Kurds advance inside Syria jail

Hundreds of Islamic State group fighters surrendered Wednesday in a Syria prison where they had been holed up for days, as US-backed Kurdish forces tightened the noose around remaining jihadists.

Germany weighs ban on Telegram, tool of conspiracy theorists

The German government is considering a ban on encrypted messaging app Telegram after it was repeatedly used as a channel for spreading anti-vaccine conspiracy theories and even death threats.

Russia warns against 'destructive' sanctions on Putin

Russia hit back Wednesday at US threats of direct sanctions against President Vladimir Putin, saying moves against the Russian leader would be ineffective and hurt efforts to lower tensions over Ukraine.

Ousted Burkina president 'well,' says party source

Burkina Faso's ousted president, Roch Marc Christian Kabore, "is physically well" and is being held by the army in a villa, a source in his party said on Wednesday.

India showcases military might in Republic Day parade

Lumbering tanks and the deafening roar of fighter planes echoed through New Delhi on Wednesday as India's military showcased its might on Republic Day.

Most markets see much-needed gains as Fed's big day arrives

Most markets rose Wednesday to provide some respite from the hefty selling at the start of the week, with focus on the end of the Federal Reserve's policy meeting later in the day, when traders hope it will provide much-needed guidance on its plans for hiking interest rates.

California city votes to become first in US to mandate gun insurance

The city of San Jose voted Tuesday to pass a law that will compel gun owners to take out insurance to cover any damage caused by their weapon, a move its mayor said was the first of its kind in the United States.

Most Asian markets see much-needed rally as Fed's big day arrives

Most Asian markets enjoyed some respite Wednesday from the hefty selling at the start of the week, with focus on the end of the Federal Reserve's policy meeting later in the day, when traders hope it will provide much-needed guidance on its plans for hiking interest rates.

Why is North Korea firing so many missiles?

From hypersonic to cruise missiles, North Korea started 2022 with its most intensive spate of weapons testing in years, but analysts said the barrage is more domestic political ploy than a diplomatic gambit.

93 potential graves found at Canada school site

An Indigenous community in Canada has identified nearly 100 "potential" graves at a residential school site, months after the discovery of hundreds of children's remains at former boarding schools rocked the country.

Covid-hit Australian aid ship to dock in virus-free Tonga despite risk

A coronavirus-hit Australian warship will dock in Tonga Wednesday, delivering desperately needed aid to the volcano-and-tsunami-struck nation under strict "no-contact" protocols.

Mexico urged to do more to protect journalists after murders

The murders of two journalists in the Mexican border city of Tijuana in less than a week have triggered calls for the government to step up protection of media workers.

Wall Street falls as Fed meets, Europe rebounds

European stocks rallied Tuesday along with oil prices, while Wall Street ended lower as markets nervously eyed the impasse over Ukraine while awaiting a key Federal Reserve decision.

Russia adds Kremlin critic Navalny to 'terrorists' list

Russia on Tuesday added jailed Kremlin critic Alexei Navalny and a number of his allies to a list of "terrorists and extremists", as authorities further clamp down on the opposition.

Riyadh and Bangkok restore ties, decades after gem theft

Saudi Arabia and Thailand on Tuesday announced they had re-established diplomatic ties, after more than three decades of frozen relations linked to the theft of jewels from a Saudi palace.

Biden threatens Putin with personal sanctions over Ukraine

The United States warned Moscow on Tuesday of damaging sanctions, including measures personally targeting Vladimir Putin, as Russian combat troops massing around Ukraine launched new exercises.

Burkina junta faces worldwide criticism but wins popular support

Supporters of Burkina Faso's new junta rallied on Tuesday as the UN, France and the poor Sahel country's neighbours condemned its latest coup.

Honduras political crisis deepens ahead of president-elect's swearing-in

Rival factions of Honduras' newly-elected congress held duelling first sessions Tuesday as a split in president-elect Xiomara's Castro's party deepened two days before her swearing-in.

US ups sanctions pressure on Moscow over Ukraine

The United States on Tuesday warned Moscow of damaging sanctions, including high-tech export curbs, as Russian combat troops massing around Ukraine launched new exercises.

Libya parliament in push to replace interim PM

Libya's parliament, in a push to replace interim Prime Minister Abdulhamid Dbeibah, on Tuesday published criteria governing candidates for the post.

US ratchets up sanctions pressure against Moscow