Foreign
Fed freezes key rate for 7th straight time, forecasts cut this year
June 13, 2024, 1:10 pm
WASHINGTON – The US Federal Reserve on Wednesday held its benchmark lending rate steady for the seventh consecutive time and projected a rate cut later this year citing the "modest further progress" towards its 2 percent inflation target. After the two-day Federal Open Market Committee (FOMC)… Read More
Mastercard targets full e-commerce tokenization by 2030 in Europe
June 12, 2024, 3:36 pm
ISTANBUL – Mastercard said Tuesday it wants to reach full e-commerce tokenization in Europe by the end of the decade. The decision is part of the company's plan to phase out manual card entry and make e-commerce safer and more accessible for everyone, it said in a statement. The tokenization… Read More
Morocco uses AI in its courts
June 12, 2024, 3:32 pm
RABAT, Morocco – Morocco on Tuesday said it has started using artificial intelligence (AI) in courts across the North African country. “AI has introduced significant changes worldwide,” Justice Minister Abdellatif Ouahbi said during a meeting of the Justice Committee in the House of… Read More
49 migrants die, 140 missing after boat capsized off Yemen
June 12, 2024, 3:09 pm
GENEVA – A boat capsized off the coast of Yemen, killing at least 49 migrants and leaving 140 others missing, the International Organization for Migration (IOM) said Tuesday. The vessel, which was carrying 260 migrants, capsized on Monday near Alghareef Point in Shabwah governorate, IOM said… Read More
US imposes sanctions over illicit transport of oil
June 12, 2024, 2:38 pm
ISTANBUL – The US Treasury Department on Tuesday said it imposed sanctions on 10 individuals, entities and vessels, including tanker captains, that have engaged in the illicit transport of oil and other commodities. The sanctions target maritime shipping and financial facilitators, several… Read More
4 US college instructors injured in China stabbing attack
June 12, 2024, 1:12 pm
ISTANBUL – At least four US college instructors sustained non-life-threatening injuries in a stabbing attack in northeastern China, officials confirmed. “I am in touch with Iowa’s federal delegation and the state department in response to this horrifying attack,” said Kim Reynolds, the… Read More
High water temperature causes mass coral bleaching, death in Vietnam
June 12, 2024, 1:04 pm
BA RIA-VUNG TU – Coral reefs in the Con Dao archipelago off Ba Rịa-Vung Tau Province have been bleaching and dying due to abnormally high water temperatures, the Con Dao National Park management said on June 10. The management and the Institute of Oceanography carried out a study at the end… Read More
Biden son guilty of 3 gun charges
June 12, 2024, 11:52 am
ANKARA – US President Joe Biden said Tuesday he would accept the outcome of a federal case against his son after a federal jury convicted Hunter Biden of all three gun charges against him. "As I said last week, I am the President, but I am also a Dad. Jill and I love our son, and we are so proud… Read More
BTS' Jin returns from military duty
June 12, 2024, 10:48 am
SEOUL - Jin, the oldest member of K-pop supergroup BTS, was discharged from his 18 months of mandatory military service Wednesday, with fans worldwide eagerly anticipating his return to the music scene. After hugging his fellow soldiers in turn during a brief, teary farewell ceremony inside the… Read More
UNSC adopts US resolution calling for immediate ceasefire in Gaza
June 11, 2024, 2:40 pm
NEW YORK – The UN Security Council on Monday adopted a resolution aimed at reaching a comprehensive ceasefire deal in three phases to end the war in Gaza, with US Ambassador Linda Thomas-Greenfield telling members "today, we voted for peace." Adopted by a large majority with 14 votes in favour… Read More
India's Modi keeps key ministers, indicating policy continuity
June 11, 2024, 2:34 pm
NEW DELHI – Following his third election victory in a row, India's Prime Minister Narendra Modi retained key members of his Cabinet as he began third term Monday. Modi's decision to keep his interior, defense, foreign, and finance ministers indicates his Bhartiya Janaya Party's (BJP) desire… Read More
ChatGPT tops 1M users in S. Korea amid growing popularity: data
June 11, 2024, 11:53 am
SEOUL – The number of OpenAI's ChatGPT users in South Korea rose 30 percent last month, surpassing 1 million for the first time on the increasing popularity of the artificial intelligence chatbot, industry data showed Tuesday. The mobile ChatGPT application had 1.27 million users in May, up from… Read More
Israeli War Cabinet minister resigns
June 10, 2024, 2:55 pm
ISTANBUL – Israeli War Cabinet Minister Benny Gantz and War Cabinet observer Gadi Eisenkot resigned Sunday from the emergency unity government led by Prime Minister Benjamin Netanyahu. Addressing a press conference in Tel Aviv, Gantz urged Netanyahu to hold early elections “as soon as… Read More
Bangladesh sends back Myanmar soldiers who fled conflict
June 10, 2024, 11:54 am
DHAKA, Bangladesh – A ship of the Myanmar Navy landed at Bangladesh's southeastern Cox's Bazar district Sunday to take back over 130 soldiers who had taken refuge across the border last month from a longstanding conflict in their junta-ruled country. The same ship also brought back 45… Read More
US resumes aid delivery to Gaza via temporary pier
June 9, 2024, 6:33 pm
WASHINGTON – The US resumed aid delivery to the Gaza Strip via the temporary pier on Saturday which was reestablished after it broke apart in rough seas late last month, said Central Command (CENTCOM). "Today, a total of approximately 492 metric tons (~1.1 million pounds) of much needed… Read More
Israeli forces rescue 4 hostages in Gaza; 210 Palestinians died in ops
June 9, 2024, 12:04 pm
JERUSALEM – Israeli forces on Saturday rescued four hostages from the Nuseirat refugee camp in the central Gaza Strip. The operation, however, resulted in the death of at least 210 people and wounding of 400 others, according to Palestinian sources. Khalil Al-Dakran, director of al-Aqsa Hospital… Read More
WHO: 1.6M people get sick daily from eating unsafe food
June 8, 2024, 1:32 pm
GENEVA – The World Health Organization (WHO) said Friday that every day, an estimated 1.6 million people become sick from eating unsafe food. Children under the age of 5 carry 40 percent of the foodborne disease burden, Francesco Branca, head of nutrition and food safety at the WHO, told a UN… Read More
N. Korea, China, Russia expanding nuclear arsenals – White House exec
June 8, 2024, 10:42 am
WASHINGTON – North Korea, China, and Russia are expanding and diversifying their nuclear weapons stockpiles at a "breakneck" speed, a White House official said Friday, warning that absent a change in the trajectory of their arsenals, the United States may have to increase its own. Pranay Vaddi,… Read More
Docs at Seoul National U hospitals to stage walkout from June 17
June 7, 2024, 8:47 pm
SEOUL – Doctors at four major hospitals affiliated with Seoul National University (SNU) are set to stage a walkout from June 17, according to hospital officials on Friday, in a move that would complicate efforts by the government to resolve a protracted walkout by trainee doctors. Medical… Read More
BRICS Bank exec cites need for multipolar economy
June 7, 2024, 4:10 pm
ST. PETERSBURG, Russia — A multipolar economy is needed to reduce the risk of global economic instability caused by problems in large economies, Dilma Rousseff, former Brazil president and the current president of the New BRICS Development Bank (NDB), said Thursday. Speaking at the St.… Read More
