In an unexpected move, China holds back on cutting key rate
China's central bank kept a key interest rate unchanged on Friday in a surprise move, despite expectations for more stimulus as Beijing grapples with a Covid surge.
The People's Bank of China said it was keeping the rate on its one-year medium-term loan unchanged at 2.85%.
The Asian giant is facing its worst Covid…
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Macron and Le Pen to battle over younger voters
While Emmanuel Macron might have breathed a sigh of relief that voting wasn't closer on Sunday night, digging deeper into the election data shows a worrying trend for the French president.
The outcome…
Shares of Dubai utility DEWA surge in Middle East’s largest IPO since Aramco
Shares were trading at 3.02 UAE dirhams (82 cents) in the first minutes of trading versus the IPO price of 2.48 dirhams per share. DEWA in March announced its plan to sell a 6.5% stake by offering 3.25 billion shares in its public…
Twitter shares fall as Elon Musk abandons plan to join board
Twitter shares fell in premarket trading Monday after CEO Parag Agrawal revealed that Elon Musk has abandoned his plan to join the company's board.
The social media company's stock tumbled over 8% to…
Voters head to polls, Macron vs. Le Pen in presidential race
French voters are heading to the polls Sunday in an election where the cost of living and the war in Ukraine dominated the political debate.
Opinion polls from the week before the first round of the…
US DAILY NEWS
In Louisiana, a Lafayette Neighborhood Warily Eyes New Highway
When the Tapo family lived along the Thruway, their house was struck by cars twice. “I’ve seen motorcycle wrecks,” said Carl Tapo Jr., who grew up in the neighborhood. “I’ve seen a guy get hit by a bus. I’ve seen a guy killed. I’ve seen a…
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In Several States, Teachers Get Their Biggest Raise in Decades
Thomas S. Dee, an economist and professor at Stanford University, said states should have used this money to target high-performing teachers, or those in subjects, such as special education and the sciences, that are often hard to fill.
“I…
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As Texas Snarls Traffic at Border, Mexican Truckers Form Blockade
In the city of Pharr, a major international bridge over which about $12 million in produce is shipped to the United States daily has been effectively shut down in both directions since Monday as scores of drivers in Mexico set up a…
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As U.S. Cases Rise, White House Covid Czar Says It’s Not a Moment to be ‘Excessively Concerned’
And after the Gridiron Club and Foundation’s annual dinner in Washington on April 2, at least 80 attendees tested positive, Tom DeFrank, a contributing editor for National Journal and president of the Gridiron Club, said in an email on…
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TURKEY REPORTS
After annulling the regulation on minority foundations in 2013, the government has not issued a new regulation since then, which has prevented the minorities from electing heads of their foundations.
A new regulation is expected to be issued within this month, but there are rumors…
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Journalist Hasan Cemal acquitted of ‘insulting the president’
Hasan Cemal was put on trial for two tweets from 2016 and 2020. The İstanbul 41st Penal Court of First Instance acquitted him after the first hearing yesterday (April 12).
In his defense statement, Cemal said cases for…
Kobanî investigation: Dozens detained in police raids in 13 cities
Police carried out house raids early this morning (April 12) as part of a new investigation into the deadly Kobanî protests in the country's Kurdish-majority regions in 2014.
Prosecutors issued detention warrants for 91…
Defense ministers of Turkey, Russia discuss civilian evacuations in Ukraine
In a phone call with his counterpart from Russia, Minister of National Defense Hulusi Akar emphasized the urgency of the safe evacuation of civilians, especially in Mariupol, Ukraine, according to a statement by the ministry.…
