Most global stock markets fell Tuesday as investors grow increasingly concerned that US interest rates will rise again and stay elevated for a prolonged period to tame inflation."Concerns over high interest rates lingering for longer causes nervousness," noted Susannah Streeter, head of money and markets at stock broker Hargreaves Lansdown.
JPMorgan's British retail bank Chase will ban crypto transactions made by customers from Oct. 16 due to an increase in fraud and scams, the company said on Tuesday. "We've seen an increase in the number of crypto scams targeting UK consumers, so we have taken the decision to prevent the purchase of crypto assets on a Chase debit card or by transferring money to a crypto site from a Chase account," a spokesperson for the bank said. Chase has become the latest lender in the UK to restrict customers' access to crypto amid long-running concerns over its use in online scams run by criminals.
The lawsuit alleges Rudy Giuliani and his former attorney Robert Costello are primarily responsible for the “total annihilation” of Hunter Biden’s digital privacy.
Alberto Nunez-Feijoo began defending his bid to become Spain's next prime minister in parliament on Tuesday, a day before an inauguration vote the right-wing opposition leader is almost certain to lose."I have within my reach the votes needed to become prime minister but I will not pay the price they are asking to do so," he said in seeking to justify his imminent defeat.
A Kosovo court on Tuesday remanded two suspected gunmen into custody after they were arrested at the weekend during a firefight and standoff with police near the border with Serbia. "The Basic Court in Pristina has set the measure of 30 days detention for the two arrested who are suspected of serious crimes against the constitutional order and security of the Republic of Kosovo and committing terrorist acts," Mirlinda Gashi, a spokeswoman for the court in the capital Pristina, told AFP. A third
A Saudi envoy on a rare visit to the occupied West Bank pledged Tuesday that the Palestinian cause will be "a cornerstone" of any normalisation deal the oil-rich kingdom may strike with Israel."And it's certain that the Arab initiative, which was presented by the kingdom in 2002, is a cornerstone of any upcoming deal."
"Was this why I could never shake that lonely gnawing in my belly when I was growing up? Was she the reason?"
Rich and developing nations alike must sharply improve their net-zero targets, the International Energy Agency said Tuesday, warning that a clean energy surge was the main reason the world's climate goals are still achievable.Its pathway was based on an "equitable" redistribution of targets, pulling forward China and richer countries to allow developing nations more breathing space to decarbonise after 2050, it said.
Recent bullish statements by Saudi and Israeli leaders have fuelled speculation that a landmark normalisation deal is in the offing, despite daunting hurdles that have yet to be cleared. Normalisation talks initially focused on other elements, but that has recently begun to change.
"It’s as informative for the upcoming elections as it is for the forthcoming trials," said former U.S. Attorney Joyce Vance.
Family members of murder victims say they’ve found a unique opportunity for support and advocacy at the annual convention of true crime fans.
The National Transportation Safety Board and the Federal Aviation Administration are probing the flight that was hit by severe turbulence.
Army chiefs and senior officers from 30 countries including the United States met in India Tuesday to discuss threats facing the Asia-Pacific region, in the face of concern at an increasingly assertive China.The conference, which launched in 1999, brings together army chiefs and top officers from 30 countries.
When Storm Daniel this month dumped cataclysmic amounts of rain on his village in central Greece, Nikos Falangas barely had time to flee.A new storm front dubbed Elias is expected to hit Greece from Tuesday, bringing heavy rain and sleet.
Beijing warned Manila on Tuesday not to "stir up trouble" after the Philippine Coast Guard said it removed a floating barrier at a disputed reef that was allegedly deployed by China to block Filipino fishermen from the area.The Philippines condemned the installation and its coast guard announced on Monday that it had "successfully" removed the barrier from the reef, which Manila calls Bajo de Masinloc, in a special operation ordered by President Ferdinand Marcos.
In U.S. prosecutors' telling, Sam Bankman-Fried embezzled money from depositors in his FTX cryptocurrency exchange ever since he launched it in 2019, and the resulting shortfall led directly to its collapse as crypto prices swooned last year. But in his own version and in explanations put forth by his lawyers, Bankman-Fried thought FTX, like a bank, could make investments with customers' money as long as they were able to withdraw it - and he did not know that actions taken by his closest colleagues had jeopardized the availability of funds. Over the course of six weeks starting on Oct. 3, a federal jury in Manhattan is due to weigh these dueling narratives during Bankman-Fried's criminal trial on fraud charges, before determining whether the 31-year-old former billionaire is guilty on seven counts of fraud and conspiracy.
Michigan UAW members aren't convinced that visits by the former and current presidents this week will help resolve their historic labor dispute.
TOKYO (Reuters) -Dutch semiconductor equipment maker ASML plans to set up a base in Japan's northern island of Hokkaido to support production at a chip plant for Japanese startup Rapidus, the company said on Tuesday. An ASML spokesperson said the company will have a customer support team for Rapidus, but could not immediately confirm staff numbers. Nikkei, which first reported the news, said that 50 ASML engineers will install an ASML "EUV" machine on a prototype line in Chitose City, Hokkaido.
UK interior minister Suella Braverman was on Tuesday to question whether the United Nations Refugee Convention was "fit for our modern age" during a keynote speech at a US think-tank in Washington."It is therefore incumbent upon politicians and thought leaders to ask whether the Refugee Convention, and the way it has come to be interpreted through our courts, is fit for our modern age.
China said on Tuesday it had agreed with Japan and South Korea to hold a summit between the three countries' leaders "as early as possible", after a rare meeting between senior diplomats in Seoul.The three countries agreed to hold a meeting of their foreign ministers "in the next few months", Wang said, and to promote "the holding of a leaders' meeting as early as possible at a time convenient to all three countries."