Town Hall News

A look at the day ahead in U.S. and global markets from Mike Dolan Out of the frying pan, and into the fire? Relief over the likely lifting of the U.S. debt ceiling this week is being reined in by the uncomfortable prospect of even higher Federal Reserve interest rates – and the further evaporation of any 2023 easing hopes. As U.S. markets reopen after Monday’s holiday, investors now have […]

By Sabine Siebold BRUSSELS (Reuters) – NATO foreign ministers will seek to narrow divisions over Ukraine’s membership bid at a meeting in Oslo this week, with allies at odds over calls to grant Kyiv a road map to accession at their July summit. NATO has not acceded to Ukraine’s request for fast-track membership as Western governments such as the U.S. and Germany are wary of moves that they fear could […]

By Paritosh Bansal (Reuters) -Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. But now, as a U.S. monetary policymaker, he worries even more about inflation. “I think if I had to err, I would err on being a little bit too aggressive in terms of bringing inflation down,” the president of the Federal Reserve Bank of Minneapolis told Reuters last week. Surprised by the persistence […]

By Philip Pullella VATICAN CITY (Reuters) – Barbara Jatta, the first woman to head the Vatican Museums, wants visitors to avoid being suffocated by the crowds and take in the lesser-known – but spectacular – attractions she helps to oversee. The Vatican Museums, a UNESCO World Heritage Site that closed or limited openings during the COVID-19 pandemic, have almost returned to their pre-pandemic level of about six million visitors a […]

(Reuters) – China has declined a request from the United States for a meeting between their defense chiefs at an annual security forum in Singapore this weekend, media reported on Monday, a new sign of strain between the powers. “Overnight, the PRC informed the U.S. that they have declined our early May invitation for Secretary (Lloyd) Austin to meet with PRC Minister of National Defense Li Shangfu in Singapore,” the […]

KUALA LUMPUR (Reuters) – Fugitive Malaysian financier Jho Low, wanted for his key role in the multibillion-dollar 1MDB scandal, is believed to be hiding in Macau, Malaysia’s anti-graft agency said on Tuesday, confirming an earlier report by Al Jazeera. Al Jazeera had cited a written response from the Malaysian Anti-Corruption Commission (MACC) to its queries on Low’s whereabouts. “This was also confirmed by several individuals who have seen Jho Low […]

KUALA LUMPUR (Reuters) – Fugitive Malaysian financier Jho Low, wanted for his key role in the multibillion-dollar 1MDB scandal, is believed to be hiding in Macau, Malaysia’s anti-graft agency told Reuters on Tuesday, confirming an earlier report by Al Jazeera. Al Jazeera had earlier cited a written response from the Malaysian Anti-Corruption Commission (MACC) about Low being in Macau. “This was also confirmed by several individuals who have seen Jho […]

By Laura Sanicola (Reuters) -The U.S. Department of Justice is investigating a California unit of oil refiner PBF Energy Inc over a November emissions release, the company said.      PBF Energy’s Martinez refinery emitted a “powdery substance” later determined to be spent catalysts used in the refining process last Nov. 24 and 25 and had failed to notify the county of the release, Reuters reported last year. “We are cooperating […]

KUALA LUMPUR (Reuters) – Fugitive Malaysian financier Jho Low, wanted for his key role in the multibillion-dollar 1MDB scandal, is believed to be hiding in Macau, Malaysia’s anti-graft agency told Reuters, confirming an earlier report by Al Jazeera. (Reporting by Rozanna Latiff; Editing by Martin Petty) Brought to you by www.srnnews.com