Markets Markets rally as Fed Chair Powell signals Fed may soon cut rates 'Shifting risk balance may warrant policy adjustment,' said Jerome Powell in Jackson Hole, at the central bankers' annual meeting, hinting that the Fed may soon cut rates, even as inflation risks remain. 22/08/2025
USA FBI searches home of ex-Trump national security adviser John Bolton The search of Bolton's home comes as the Trump administration has taken steps to examine the activities of other perceived adversaries of the Republican president, including by authorising a grand jury investigation into the origins of the Trump-Russia probe. 22/08/2025
Culture news Rapper Lil Nas X arrested after altercation with LA police The Grammy award winning 'Old Town Road' rapper has been arrested by LA police after being found wandering LA streets in his underwear and treated for a suspected drug overdose. 22/08/2025
Economy Will Powell hint at a rate cut? All eyes on Jackson Hole speech Markets await Jerome Powell’s Jackson Hole speech for clues on rates. With inflation high and jobs weakening, the Fed faces pressure. Powell may leave a September rate cut on the table, but the trajectory isn't guaranteed. 22/08/2025
USA Trump administration to review all 55 million people with US visas The State Department’s new language suggests that the continual vetting process, which officials acknowledge is time-consuming, is far more widespread and could mean even those approved to be in the US could abruptly see those permissions revoked. 22/08/2025
No Comment Princess Kay of the Milky Way sculpted in butter at state fair Malorie Thorson braved a chilled booth as sculptor Gerry Kulzer carved her likeness from a 41-kilogram block of butter, a 60-year tradition at the Minnesota State Fair. 22/08/2025
EuroVerify Was von der Leyen kicked out of the Trump-European leaders meeting? Some viral social media posts claim that Donald Trump said to the European Commission president that he wanted ‘a grown-up talk with important people’ before asking her to wait outside. 22/08/2025
USA Euroviews. European diplomacy in Washington must be followed by defence at home In Washington, the European message was clear: Europeans were united in their demands for ceasefire, for security guarantees, and support for Ukraine, says Kristine Berzina, a senior fellow at the German Marshall Fund of the United States. 22/08/2025
USA Euroviews. Europe kneels before Trump in Washington Europe did not come to Washington to negotiate with America as a partner; it came to plead with Trump not to make a unilateral deal on Ukraine with Putin, writes Ashok Swain. 22/08/2025
USA Erik Menendez denied parole due to misbehaviour in prison, board says A panel of two California commissioners denied Menendez parole for three years, after which he will be eligible again. A parole hearing for his brother Lyle Menendez, who is being held at the same prison in San Diego, is scheduled for Friday morning. 22/08/2025
Colombia Car bomb and attack on a helicopter in Colombia kill at least 17 Colombian President Gustavo Petro attributed both attacks to dissidents of the defunct Revolutionary Armed Forces of Colombia, commonly known as FARC, adding that an alleged member of the group was arrested in the area of the helicopter explosion. 22/08/2025
USA Appeals court throws out massive civil fraud penalty against Trump Two judges wrote that they felt New York Attorney General Letitia James’ lawsuit against Trump and his companies was justifiable and that she had proven her case but the penalty was too severe. 21/08/2025
Markets Wall Street ticks lower amid labour market concerns and weak earnings Disappointing earnings reports and weak labour data on Thursday pave the way towards Fed Chair Jerome Powell's Friday speech at Jackson Hole, keeping tensions elevated. 21/08/2025
Brazil Jair Bolsonaro planned to seek asylum in Argentina, Brazil police say Bolsonaro is currently awaiting a Supreme Court ruling about an alleged coup attempt and learned on Wednesday he might face another case as police formally accused him and one of his sons, Eduardo Bolsonaro, of obstruction of justice. 21/08/2025
Health news Walmart recalls shrimp over potential radioactive contamination in US One food safety expert says the risk is low from the recalled shrimp, which was sold in 13 US states. 21/08/2025
Economy Fed official says she won't be 'bullied' by Trump into resigning US president Donald Trump is seeking to influence central bank policy after repeatedly criticising chair Jerome Powell for not cutting the short-term interest rate. 21/08/2025
USA Texas House approves redrawn maps to benefit Republican party in 2026 The approval came at the urging of US President Donald Trump, who pushed for the extraordinary mid-decade revision of congressional maps to give his party a better chance at holding onto the US House of Representatives in the 2026 midterm elections. 21/08/2025
No Comment Protesters criticise Trump over Gaza war and trade tariffs in Brazil Dozens of protesters gathered outside the US Consulate in São Paulo to denounce US President Donald Trump’s new tariffs on Brazilian exports and his support for Israel’s war in Gaza. 20/08/2025
Business US government pushes for 10% Intel stake amid US-China chip war The Trump administration is moving to convert billions in CHIPS Act subsidies into a 10% equity stake in Intel. The first-of-its-kind deal would make Washington the company’s largest shareholder and signal a new era of direct government ownership in Silicon Valley. 20/08/2025
Business BHP and Rio Tinto bosses lobby at White House for copper mine Executives of two of the world’s biggest mining companies, BHP and Rio Tinto, have lobbied at the White House as part of their long-running bid to develop a vast copper mine in the US. 20/08/2025
Travel News Air Canada resume flights after millions impacted by strikes Here’s what passengers need to know about their rights to compensation and what their travel insurance can cover. 20/08/2025
Culture news Former FBI chief sparks MAGA outrage over his Taylor Swift confession Former FBI Director James Comey has released a video in which he confesses he's a massive Swiftie and that Taylor Swift's music has been a "coping mechanism" in the face of Donald Trump. The backlash was... swift. 20/08/2025
Space Tiny new moon spotted around Uranus by powerful space telescope The new moon, still nameless, ups the planet's total moon count to 29. 20/08/2025
USA Trump says US troops won't be sent to help defend Ukraine Trump said after his meeting in Alaska last week with Russian President Vladimir Putin that Putin was open to the idea of security guarantees for Ukraine. 19/08/2025
Bolivia Bolivia's presidential frontrunner has 'phone stolen' during rally Centrist senator Rodrigo Paz is up against conservative ex-President Jorge "Tuto" Quiroga in a runoff on 19 October to determine Bolivia's next leader. 19/08/2025
No Comment Jongo festival in Rio calls for cultural preservation Dancers from 18 communities rooted in Brazil’s history of slavery gathered in Rio de Janeiro this week to perform Jongo, a traditional dance with African origins. 19/08/2025