Tuesday, March 21, 2023

US stocks surge ahead of Fed meeting

U.S. stocks rose on Tuesday following a good day of trading for the
banking sector.

And investors wait to see whether the Federal Reserve will press ahead
with interest rate hikes.

William Denselow reports from New York.

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Los Angeles worker strike to shut schools for three days

Service workers at schools in Los Angeles County have begun a 3 day strike, cancelling classes for nearly half a million students.

The district's teachers say they are also walking off the job in support of the workers who are demanding higher pay and better treatment.

US correspondent Ira Spitzer has more 


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Security tightened in case Trump is arrested in New York

America still waits to see whether former President Donald Trump will be arrested over an alleged hush money scandal in the lead up to the 2016 election.


On his Truth Social account, Trump urged his followers to protest if he were taken into custody in New York.


Because of that, authorities in the city are gearing up for any potential clashes, as Sally Paterson reports.


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Russia’s Putin threatens retaliation if UK supplies depleted uranium ammo to Ukraine

Moscow condemned British plans to send armor-piercing tank ammunition containing depleted uranium to Ukraine. Russian President Vladimir Putin said Moscow "will be forced to retaliate" if the UK goes ahead with the plan.  


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US prepared to support more banks if needed

The US Treasury Secretary says she's ready to provide more government
backing to prop up smaller banks in order to support the banking
system.

There are still fears the collapse of Silicon Valley Bank and
Signature Bank could spread to other financial institutions.

Nick Harper reports from Washington.

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Yellen: US banking system “sound”, but govt ready with further support

US Treasury Secretary Janet Yellen says the US banking system is
"sound" following the collapse of two American institutions.

However, she said the government is ready to provide additional rescue
arrangements if other banks get into trouble, to prevent further
contagion.

Yellen was speaking at the American Bankers Association.

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Taiwan President to transit through US but no word on Speaker meeting

Taiwan says President Tsai Ing-wen will make two stops in the United States on her way to and from Central America but there was no word on whether a highly anticipated meeting with US House Speaker Kevin McCarthy will take place.


President Tsai will transit through New York and Los Angeles, leaving Taipei on March 29th.


Kate Fisher reports from Washington


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US citizen released from Saudi prison

A US citizen has been released from a Saudi Arabian prison after being
convicted of trying to destabilise the country and of supporting and
funding terrorism.
Saad Ibrahim Almadi was sentenced to 16 years behind bars.
As Jody Jacobs reports, his family says all charges have now been dropped.

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French president to speak to media on Wednesday amid pension reform crisis

The French president will be interviewed by France's two biggest TV channels on Wednesday amid the country's growing pension reform crisis.

Emmanuel Macron will lay out the next plans for the government after it narrowly survived collapsing in Monday's no-confidence votes. His options include possibly sacking the prime minister, or calling a snap election.

Ross Cullen reports.


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Preparations made for Trump’s possible arrest

Barricades have been erected around a courthouse in New York City in
preparation for Donald Trump's possible indictment.

The former president said over the weekend that he could be arrested on Tuesday.

William Denselow reports from New York.

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BORIS JOHNSON LOCKDOWN EVENTS DEFENCE PUBLISHED

Written evidence submitted by former UK Prime Minister Boris Johnson, to a committee working to establish whether or not he misled parliament in relation to covid19 lockdown parties, has now been published. Mr Johnson says there is no evidence 'at all' that supports an allegation that he intentionally or recklessly misled parliament over the events….claiming the committee's previous reports had been 'partisan'. Laura Makin-Isherwood has more from London.


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French journalist held captive in the Sahel since 2021, released


A French journalist who was kidnapped by armed groups in Mali has been freed after nearly 3 years.

Olivier Dubois, was reporting for France-based publications Liberation and Le Point.

Correspondent,Nabil Ahmed Rufai reports.



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WESTERN DRC BOAT ATTACK

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The M23 rebel group in the east of the Democratic Republic of Congo has said that a ceasefire deal announced on Wednesday in Angola does not concern them. The rebel group's political spokesperson has called for direct talks with the Congolese government. Their position comes a day after African leaders met at a summit in the Angolan capital and agreed on a ceasefire and the withdrawal of the M23 rebels from all the territories they've captured in eastern DRC. Chris Ocamring has more from Kinshasa....

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Kind regards
Ndoole Jackson

EU Observers say Expectation of Nigerians on 2023 Polls Not Met by Electoral Body, INEC

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The European Union election observation mission says the conduct of the elections by the Independent National Electoral Commission (INEC) fell short of expectations by Nigerians.


Gubernatorial elections were held in 28 States of the country on Saturday March 18th, three weeks after the country's Presidential election.


Correspondent Ajeck Mangut reports from Abuja.


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Manhunt for controversial Sikh leader enters fourth day

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Punjab police in India are intensifying their crackdown on controversial leader Amritpal Singh's associates.

After a four-day manhunt, Singh remains elusive.

His demand for a separate state for the Sikh community has attracted thousands of followers in recent years.

Ishan Garg has more from New Delhi.

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Japan PM makes unannounced visit to Ukraine

Japan's Prime Minister, Fumio Kishida, is making a surprise visit to Ukraine. 

The unannounced trip comes a day after meeting with India's Prime Minister in New Delhi. 

Chris Gilbert reports from Tokyo.  

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Monday, March 20, 2023

Stocks rise despite banking sector fears

U.S. stocks rose Monday after a deal was reached for UBS to buy its
beleaguered rival Credit Suisse.

Wider concerns over the health of the banking sector remain and has
raised questions over how the U.S. Federal Reserve will respond.

William Denselow reports from New York.

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Ted Lasso cast promote White House mental health strategy

US President Joe Biden and First Lady Jill Biden have welcomed Jason Sudeikis and the cast of TV show Ted Lasso to the White House to discuss the importance of addressing mental health.


The American actor told reporters from the press briefing room lectern that despite people's differences, "we should all do our best to help take care of each other."


He and his colleagues entered the Oval Office under a poster of the word 'Believe' — an expression used by his football coach character to inspire and motivate his team on and off the pitch.  


Benji Hyer has more. 


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MACRON GOVERNMENT NARROWLY SURVIVES NO CONFIDENCE VOTE

A dramatic day in French politics with a heated debate in Parliament ahead of Emmanuel Macron's government surviving two no confidence votes tabled by the opposition


Sarah Coates has more from FSN's bureau in Paris.


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U.N Security Council permanent members divided on condemning North Korea missile tests

The U.N security council is divided on how to deal with
North Korea and its latest missile tests.
On March 16, North Korea tested an intercontinental ballistic missile
that travelled approximately a thousand kilometres landing in waters
just outside Japan's exclusive economic zone.
China and Russia continue to accuse the United States of escalating
the situation.
Jody Jacobs has more...

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