Reuters: Fed raises interest rates, citing ongoing U.S. recovery
The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis.
The U.S. central bank's policy-setting committee raised the range of its benchmark interest rate by a quarter of a percentage point to between 0.25 percent and 0.50 percent, ending a lengthy debate about whether the economy was strong enough to withstand higher borrowing costs.
MIDDLE EAST
Rouhani: U.N.'s closure of probe into Iran's nuclear past is political victory.
'Not impossible' Iran sanctions will end in Jan, IAEA chief says.
Russian airstrikes restore Syrian military balance of power.
US military says pulls 12 fighter jets from base in Turkey.
U.S., allies launch 11 strikes in Iraq, six in Syria: U.S. military.
Russian Air Forces conduct 59 sorties, hit 200 Daesh targets in Syria. Russian warplanes delivered 17 strikes at IS positions to support opposition offensive. Russian warplanes destroy 6 terrorists’ oil production facilities in Syria.
Syrian opposition: No ceasefire unless Assad goes.
Assad can stay for now: Kerry accepts Russian position.
Kerry to chair U.N. Security Council meeting on Syria on Friday: State Department.
ISIS sympathizers taunt Saudi-led coalition: ‘Come over, you cowards’.
Iraq demands 'complete withdrawal' of Turkish forces.
Turkey accuses Russia of playing up military threat after downed jet.
Yemen's truce in danger of collapse; prisoner swap blocked.
Qatar hunters abducted in Iraq desert by gunmen.
Report and denial that Iranian commander met Putin in Moscow.
ASIA
China's Xi calls for cooperation on Internet regulation.
US-backed forces in Afghanistan struggle to make gains against Taliban. Pentagon: Afghan security worse in second part of 2015.
Philippine military says 18 dead in clashes with Abu Sayyaf.
China tightens rules on maps amid territorial disputes.
Australian military plane flies over disputed South China Sea.
U.S. said to move ahead with $1.83 billion arms sale to Taiwan.
N Korea sentences Canada pastor to life in jail.
Wave of arrests after Pakistan school massacre has unclear results.
Scars laid bare one year after Peshawar school massacre. Pakistan closes all schools on anniversary of Taliban attack that killed 144 students.
Rare tornado rips through Sydney, damaging beachside suburbs.
Indonesian parliament speaker quits over extortion scandal.
AFRICA
Calls for investigation after "massacre" in Nigeria.
Result in little doubt ahead of Rwanda vote on Kagame third term.
U.N.'s Ban sends envoy to Burundi after 'chilling' violence.
Cash-strapped Daesh targeting North African oil fields.
UNESCO warns Islamic State poses threat to historic artifacts in Libya.
Libya peace deal delayed again over logistics - U.N..
Burundi refugees recruited as rebels in Rwanda.
South Sudan: Devastation of civil war continues, 2 years on.
Rebel declares autonomous state in Central African Republic.
#ZumaMustFall: South Africans march against Jacob Zuma.
EUROPE
Kiev 'ready to pay price' after Russia curbs trade ties over EU deal.
'Street-style brawl': Ukrainian minister throws glass of water at ex-Georgian president (FULL VIDEO).
Eurozone growth 'slows' in December.
Thousands reach Greece despite Turkey-EU refugee deal.
Paris attacks: Austria arrests two suspects at refugee camp. Two suspected of links to Paris attacks arrested in Austria refugee center.
East Ukraine Conflict: Despite cold winter, the war here remains as hot as ever.
Ukraine’s government decides to stage trade blockade of Crimea. Ukraine to suspend trade with Crimea in 30 days: PM Yatseniuk.
Russia says out-of-court deal on Ukraine debt impossible.
Merkel says not yet possible to ease Russia sanctions.
Spain's PM says open to pact after too-close-to-call election.
AMERICAS
First Baltimore policeman's trial in death of black man ends in hung jury.
5 takeaways from the CNN Republican debate.
Congress reaches deal on 2016 spending bill to fund federal government.
US Speaker Ryan expresses support for ISIS war authorization.
Executions in US 'lowest in 25 years'.
US to charge Venezuelan military officials with cocaine trafficking.
Colombia president hails Farc war victims reparation deal.
L.A. defends response to threat that New York dismissed as a hoax.
Nicaragua must compensate Costa Rica for territory violations: court.
Canada's Trudeau takes audience questions, says not a lightweight.
TERRORISM/THE LONG WAR
ISIS seeks many small attacks, crowdsources terrorism - FBI director.
San Bernardino attackers 'did not post about jihad on social media'.
U.S. cautiously optimistic about Saudi coalition to fight terror.
US military insists al Qaeda is “concentrated” in Afghan east and northeast.
National Guard soldier 'who planned Paris-style attack on US soil' to kill 150 people facing 30 years in prison and a $500,000 fine after pleading guilty to trying to join ISIS.
ECONOMY/FINANCE/BUSINESS
US Fed raises interest rates by 0.25%.
U.S. on verge of lifting 40-year oil export ban.
VW faces new fraud charges.
Shares climb on US Fed rate hike expectation.
U.S. on verge of lifting 40-year oil export ban in spending bill.
1 comment:
Is the US economy doing that well? They are selling tons of military equipment to the ME but their dollar is going to go up causing other headaches -servicing their debt etc. The middle class is pooched and the number of unemployed has reached 94 million. It's looking like war is upon us sooner than we thought. Scary times, indeed!!!
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