Magnitude 5.5 earthquake hits southern Mexico, alarms sound in capital
MEXICO CITY- A magnitude 5.5 earthquake struck Mexico’s southern state of Oaxaca on Friday evening, Mexican authorities and the United States Geological Survey said.The quake hit near the town of San Miguel Achiutla at a depth of 64 km (40…
Putin suggests US ceasefire idea for Ukraine needs serious reworking
MOSCOW -President Vladimir Putin said on Thursday that Russia supported a U.S. proposal for a ceasefire in Ukraine in principle, but that any truce would have to address the root causes of the conflict and that many crucial details needed…
US weekly jobless claims fall amid labor market stability
WASHINGTON – The number of Americans filing new applications for unemployment benefits fell last week, but sharp government spending cuts and an escalating trade war threaten labor market stability. Initial claims for state unemployment benefits slipped 2,000 to a seasonally…
US inflation and labor market stable ahead of tariff turbulence
WASHINGTON -U.S. producer prices were unchanged in February for the first time in seven months, while fewer Americans filed claims for unemployment benefits last week, pointing to a stable economy that should allow the Federal Reserve to keep interest rates…
Euro surges on Ukraine ceasefire proposal, tariffs squeeze stocks By Tom Westbrook
SINGAPORE – The euro was riding at five-month highs on Wednesday on Ukraine’s readiness to accept a month-long ceasefire, while stocks whipsawed on back-and-forth U.S. tariff plans and concern about a U.S. economic slowdown. European equity futures jumped 0.8% and…
The United States agreed to resume military aid and intelligence sharing with Ukraine after Kyiv agrees to support Washington’s proposal for a ceasefire
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