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- BusinessAFP News
US Fed makes aggressive rate cut, weeks before election
The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the Covid pandemic, sharply lowering borrowing costs just before November's presidential election.They also penciled in an additional half-point of cuts before the end of this year, and an added percentage point of cuts in 2025.
3-min read - NewsAFP News
Ukraine official claims Russian advance in Kursk has been 'stopped'
Russia's counteroffensive to retake Ukrainian-held territory in the Kursk region has been "stopped", a spokesman from Ukraine's military administration there told AFP on Wednesday, after Moscow said it was beginning to repel the surprise incursion."They tried to attack from the flanks, but they were stopped there," spokesman Oleksiy Dmytrashkivsky from Ukraine's military administration in Kursk told AFP. "The situation was stabilised and today everything is under control, they are not successfu
4-min read - BusinessAFP News
Taiwan, Hungary deny making Hezbollah pagers
Taiwan and Hungary on Wednesday denied making pagers that exploded while being used by Hezbollah members in Lebanon, killing 12 people. The explosions in Lebanon killed 12 people, including two children, and wounded up to 2,800 others.
3-min read - NewsAFP News
Allied war heroes buried in Netherlands... 80 years on
With full military honours and proud family members looking on, two Allied servicemen were laid to rest Wednesday, 80 years after giving their lives to liberate Europe from the Nazis.Allied commanders had hoped the operation would give them a quick way of ending war in Europe, opening up an invasion route to Berlin.
4-min read - NewsAFP News
Lebanon doctors tell of horror after pager blasts
Doctors in Lebanon spoke Wednesday of horrific eye injuries and finger amputations, a day after Hezbollah paging devices exploded across the country, killing 12 people and wounding up to 2,800.Health Minister Firass Abiad said Wednesday that two children were among 12 people killed, while almost 300 people were "in critical condition", some suffering facial injuries and brain haemorrhaging.
3-min read - NewsAFP News
Dutch government seeks opt-out from EU asylum rules
The Netherlands announced Wednesday that it had requested from Brussels an opt-out from the European Union's rules on asylum, days after the coalition government unveiled the country's toughest-ever immigration policy.- 'Asylum crisis' - Prime Minister Dick Schoof unveiled the country's new immigration policy on Friday, which he said was in response to an "asylum crisis".
3-min read - CelebrityAFP News
