Town Hall News

By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) -Lawmakers demanded details from top U.S. bank regulators on the unexpected failures of regional lenders Silicon Valley Bank and Signature Bank during testimony on Tuesday. Regulatory officials for the Federal Reserve, Federal Deposit Insurance Corporation (FDIC) and Treasury Department are testifying before congressional committees on the swift collapse of the two banks earlier this month. The failures set off a broader loss […]

KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy visited two northern towns and border guard trenches near the frontier with Russia on Tuesday, the latest stops on a regional tour that has taken him to areas near the front line. Video footage posted by Zelenskiy’s office showed him in Sumy, the sixth region he has visited in the past week as expectations of a Ukrainian counter-offensive rise. Zelenskiy walked with border guard […]

By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) -Lawmakers demanded details from top U.S. bank regulators on the unexpected failures of regional lenders Silicon Valley Bank and Signature Bank during testimony on Tuesday. Regulatory officials for the Federal Reserve, Federal Deposit Insurance Corporation (FDIC) and Treasury Department are testifying before congressional committees on the swift collapse of the two banks earlier this month. The failures set off a broader loss […]

LAUSANNE, Switzerland (Reuters) -The International Olympic Committee on Tuesday issued recommendations for the gradual return to international competitions for Russian and Belarusian athletes, with president Thomas Bach saying their participation “works” despite the ongoing war in Ukraine. The IOC Executive Board’s recommendations relate only for the return of those athletes in international competitions but not the 2024 Olympics where a separate decision will be taken at a later date, Bach […]

By Michael S. Derby NEW YORK (Reuters) – Americans’ expectations for home price increases over the next year moderated sharply in a new report on the outlook for the housing sector, released Tuesday by the Federal Reserve Bank of New York. Over the next year, respondents to the central bank survey projected home prices to rise by 2.6%, down sharply from the 7% annual rise they projected in Fed data […]

(Reuters) – The ousted ruling party of Myanmar’s former leader Aung San Suu Kyi was among 40 political parties dissolved on Tuesday, after they failed to meet a registration deadline for an election set to perpetuate the military’s political dominance. The National League for Democracy (NLD) is among dozens of parties that held parliamentary seats in the past decade that were severely weakened by the military’s 2021 coup and crackdown […]

By Ron Bousso LONDON (Reuters) – BP and Abu Dhabi’s state oil giant on Tuesday offered to jointly acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2 billion, making their entry into Israel’s growing energy sector. Abu Dhabi National Oil Co (ADNOC) and BP said they intend to form a new joint venture as part of the deal that will be “focused on gas development in […]

By Ron Bousso LONDON (Reuters) – BP and Abu Dhabi’s state oil giant on Tuesday offered to jointly acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2 billion, making their entry into Israel’s growing energy sector. Abu Dhabi National Oil Co (ADNOC) and BP said they intend to form a new joint venture as part of the deal that will be “focused on gas development in […]

WASHINGTON (AP) — House Republicans plan to deliver a subpoena to Secretary of State Antony Blinken on Tuesday for classified cables related to the chaotic U.S. withdrawal from Afghanistan, marking an unprecedented effort to force the release of sensitive documents to Congress. Rep. Mike McCaul, the chairman of the House Foreign Affairs Committee, told The Associated Press on Monday that he had spoken with Blinken earlier in the day when […]