Dina Boluarte is discovering the risks of leading a country that jails ex-presidents so often that it built a special prison to hold them. Just a year into Boluarte’s term as Peru’s president, about 80% of voters wanted her gone. That was before a scandal erupted over how exactly she came to own a collection … Read more
A key measure of underlying US inflation favored by the Federal Reserve cooled last month, and consumer spending rebounded sharply. Earlier in the week, the collapse of a major bridge in Baltimore will cause weeks or months of transportation disruptions in the Mid-Atlantic region and accelerate a shift of cargo to the US West Coast. … Read more
The US proposed to its Group of Seven allies that they create a special purpose vehicle to issue at least $50 billion of bonds backed by the profits generated by frozen Russian sovereign assets and use the proceeds to support Ukraine, according to people familiar with the plan. The proposal would pool the $280 billion … Read more
The stock market lost steam near record highs as traders braced for a barrage of economic data and remarks from Federal Reserve speakers that will help shape the outlook for interest rates. Wall Street is also keeping a close eye on how the market will manage to absorb heavy Treasury and corporate sales amid month-end … Read more
Stock Market Today: Dow, S&P Live Updates for February 8 Bloomberg Source link
That hasn’t stopped alcohol from flowing into the kingdom over the years — it just happened behind closed doors. Foreign embassies are able to import alcohol under specified agreements with the Saudi government, while some have snuck booze into the kingdom in secure “diplomatic pouches” that can’t be inspected. From there, bottles are often sold … Read more
President Vladimir Putin said Russia doesn’t want to fight “endlessly” in Ukraine but won’t give up its positions and is ready for peace only on its own terms. Speaking in televised comments on Monday during a visit to a military hospital, Putin said he’s satisfied with the Russian army’s performance in Ukraine as it’s now … Read more
Venezuela has decided to deploy more than 5,000 soldiers on its eastern Caribbean coast after neighboring Guyana received a warship from the UK amid a dispute over the Essequibo territory, according to President Nicolas Maduro. “Venezuela has the right to defend itself, to tranquility, to peace,” Maduro said Thursday on state TV, while accusing Guyana … Read more
Stock Market Today: Dow, S&P Live Updates for December 27 Bloomberg Source link
Ukraine’s Defense Ministry said it uncovered an attempt by some officials to purchase artillery shells at inflated prices, revelations that came after Defense Minister Rustem Umerov pledged to weed out corruption in the military sphere. One official was detained and others were dismissed from their posts as a result of the investigation, the ministry said … Read more