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June 13, 2024 3:37 PM

US expands Russia sanctions, targets chips sent via China

The United States on Wednesday dramatically broadened sanctions on Russia, including by targeting China-based companies selling semiconductors to Moscow, as part of an effort to undercut the Russian military machine waging war on Ukraine. Among t...

June 12, 2024 5:35 PM

Fed expected to hold rates steady, project fewer cuts in 2024

The Federal Reserve is expected to leave interest rates unchanged on Wednesday, with new economic projections from the U.S. central bank's policymakers likely to show fewer rate cuts this year and a delayed start to monetary policy easing. Fed offic...

June 7, 2024 2:32 PM

Unemployment nears 80% in Gaza, UN agency says

Unemployment in the Gaza Strip has reached nearly 80% since the war with Israel erupted last October, the United Nations labour agency said on Friday, bringing the average unemployment rate across Palestinian territories to more than 50%. Unemploy...

June 5, 2024 11:24 AM

Biden imposes sweeping asylum ban at US-Mexico border

U.S. President Joe Biden on Tuesday instituted a broad asylum ban on migrants caught illegally crossing the U.S.-Mexico border, a major enforcement move in the run-up to November elections that will decide control of the White House. Migrants caught...

June 3, 2024 11:19 PM

Claudia Sheinbaum elected as Mexico’s first woman President

Climate scientist and former mayor of Mexico City, Claudia Sheinbaum, has been elected as the first woman to be elected as President of Mexico. She will also be the first Jewish leader of Jewish heritage to hold the office, Politico reported. Sheinb...

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