August 18, 2018

Review Category : People

Fed conflicted by weak U.S. inflation, global economic rebound

Fed conflicted by weak U.S. inflation, global economic reboundBy Howard Schneider and Ann Saphir WASHINGTON (Reuters) - Caught between a lull in U.S. inflation and a stronger global economy, the Federal Reserve is expected on Wednesday to signal whether it will raise interest rates for a third time this year or back off until prices rise more briskly. The U.S. central bank's description of inflation in its policy statement as well as fresh economic forecasts from individual policymakers will be the main focus for financial markets amid a recent spate of lukewarm domestic data.


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Sean Spicer 'struggling to find a job on TV news stations' after White House tenure

Sean Spicer 'struggling to find a job on TV news stations' after White House tenureIt appears that no news organisations want to hire ex-White House Press Secretary Sean Spicer. Since Mr Spicer left the White House, his representatives have reportedly been in talks with multiple major networks about the possibility of them hiring President Donald Trump’s former spokesman as a paid contributor. Several networks – including CBS News, CNN, Fox News, ABC News and NBC News – are not interested in hiring Mr Spicer due to a “lack of credibility,” the news outlet reported.


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Raqqa campaign in final stages, SDF says

Raqqa campaign in final stages, SDF saysThe U.S.-backed Syrian Democratic Forces (SDF) said on Wednesday its campaign to capture Raqqa from Islamic State (IS) was in its final stages and its fighters had seized 80 percent of the city. In its fight against a separate operation waged by the Syrian army and its allies, Islamic State has collapsed along the west bank of the Euphrates downstream of Raqqa, the Syrian Observatory for Human Rights said on Wednesday. IS has lost swathes of territory in Syria this year, attacked from the north by the SDF and from the west by the Syrian army, which has pushed it back across the desert to its last strongholds in the Euphrates valley.


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U.S. must suffer 'painful responses' from Iran after Trump speech: Guards chief

U.S. must suffer 'painful responses' from Iran after Trump speech: Guards chiefThe head of Iran’s Revolutionary Guards said on Wednesday that the United States should experience "painful responses" following President Donald Trump's harsh criticism of Tehran at the United Nations. In his first speech to the U.N. General Assembly on Tuesday Trump called Iran "a corrupt dictatorship" and accused it of supporting terrorism and destabilizing the Middle East.


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