Town Hall News

JERUSALEM (Reuters) -Israeli Prime Minister Benjamin Netanyahu on Sunday dismissed Defence Minister Yoav Gallant a day after he broke ranks and urged the government to halt a highly-contested plan to overhaul the judicial system. Gallant’s dismissal will likely fuel mass protests against the plan that have already rocked the nation for months. It came as Netanyahu was poised to ratify legislation that would tighten political control over judicial appointments. That […]

By Howard Schneider and Tom Sims WASHINGTON/FRANKFURT (Reuters) – Stress in the banking sector is being closely monitored for its potential to trigger a credit crunch, a U.S. Federal Reserve policymaker said on Sunday, as a European Central Bank official also flagged a possible tightening in lending. Authorities around the world are on high alert for the fallout from recent turmoil at banks following the collapse in the United States […]

By Howard Schneider WASHINGTON (Reuters) – Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the U.S. closer to recession, Minneapolis Fed president Neel Kashkari said Sunday in comments to CBS show Face the Nation. “It definitely brings us closer,” Kashkari said. “What’s unclear for us is how much of these banking stresses are leading to a widespread credit crunch. That credit crunch … […]

By Howard Schneider WASHINGTON (Reuters) – Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the U.S. closer to recession, Minneapolis Fed president Neel Kashkari said Sunday in comments to CBS show Face the Nation. “It definitely brings us closer,” Kashkari said. “What’s unclear for us is how much of these banking stresses are leading to a widespread credit crunch. That credit crunch … […]

By Howard Schneider and Tom Sims WASHINGTON/FRANKFURT (Reuters) – Stress in the banking sector is being closely monitored for its potential to trigger a credit crunch, a U.S. Federal Reserve policymaker said on Sunday, as a European Central Bank official also flagged a possible tightening in lending. Authorities around the world are on high alert for the fallout from recent turmoil at banks following the collapse in the United States […]

By Mark Gleeson CAPE TOWN (Reuters) – Patson Daka scored a double on Sunday to guide Zambia to a 2-0 away win over Lesotho in Africa Cup of Nations qualification and strengthen their chances of qualifying for next year’s finals. The Leicester City attacker played a centre forward role for his country and tucked away opportunities in the 14th and 69th minute, both set up by Scottish-based Fashion Sakala. It […]

(Reuters) -A major incident has been declared after about 200 barrels of reservoir fluid leaked into the water at Poole Harbour in Dorset, southern England, on Sunday, the BBC reported. The leak occurred at a pipeline operated by Perenco, under Owers Bay, according to the report, citing Poole Harbour Commissioners (PHC). PHC has activated its oil spill plan and the pipeline had been shut down, with booms placed on either […]

By Howard Schneider WASHINGTON (Reuters) – Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the U.S. closer to recession, Minneapolis Fed president Neel Kashkari said Sunday in comments to CBS show Face the Nation. “It definitely brings us closer,” Kashkari said. “What’s unclear for us is how much of these banking stresses are leading to a widespread credit crunch. That credit crunch … […]

By Howard Schneider and Tom Sims WASHINGTON/FRANKFURT (Reuters) – Stress in the banking sector is being closely monitored for its potential to trigger a credit crunch, a U.S. Federal Reserve policymaker said on Sunday, as a European Central Bank official also flagged a possible tightening in lending. Authorities around the world are on high alert for the fallout from recent turmoil at banks following the collapse in the United States […]