Illicit narcotics and precursor chemicals worth more than $7170 million were seized and 1,333 suspects arrested in a massive operation coordinated by Interpol worldwide. The 39-day “Operation Lionfish V” started on June 23 targeted the trafficking of illicit drugs along air, land and maritime routes in 22 countries via a […]

The Fed hiked interest rates again, albeit in line with expectations, while the Bank of England’s decision would be known soon. Geopolitical risks continued to drive commodity prices higher. Fed’s actions and the demand for safe haven currency lifted the Dollar and the Dollar Index touched a fresh twenty-year high […]

The Reserve Bank of India (RBI) has given its approval to two Russian banks for opening special vostro account for rupee trade. Sberbank, JSC VTB — the largest and second largest bank of Russia — are the first foreign lenders to receive this approval after the central bank announced the […]

European stocks were moving lower on Thursday after the U.S. Federal Reserve and Swiss National Bank both hiked their key policy rates by 75 basis points, as widely expected, to tackle surging inflation. Norway’s central bank also raised its main interest rate to its highest level since 2011, adding to […]

Hurricane Ian was somewhere between a Category 2 and 3 storm lumbering toward Orlando on Wednesday night when guests at Walt Disney World hotels got some version of the following message: “For your safety, we ask that you shelter indoors and do not leave your resort building until further notice.” […]

White House officials worked to explain why President Joe Biden called out the name of a deceased congresswoman, as if she were still alive, at an event on hunger and nutrition on Thursday. “Jackie, are you here? Where’s Jackie?” Biden said at the event, a reference to Rep. Jackie Walorski […]

A report released by the National Association of Realtors on Wednesday showed pending home sales in the U.S. fell for the third straight month in August, with the decrease exceeding economist estimates. NAR said its pending home sales index dove by 2.0 percent to 88.4 in August after falling by […]

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The economic and social costs of reoffending are some £18billion […]

New home sales in the U.S. unexpectedly showed a substantial rebound in the month of August, according to a report released by the Commerce Department on Tuesday. The report showed new home sales skyrocketed by 28.8 percent to an annual rate of 685,000 in August after plunging by 8.6 percent […]

Sweden’s central bank raised its benchmark rate at a sharper-than-expected pace on Tuesday and signaled more hikes to combat high inflation. The Executive Board of Riksbank decided to raise the policy rate by 1 percentage point to 1.75 percent and signaled more tightening in the coming six months. This was […]