US inflation slowing but prices remain high

Inflation in the U.S. has slowed for the tenth month in a row, according to government figures released today.

But prices are still rising faster than policymakers would like despite more than a year of interest rate increases.

The consumer price index – which measures the cost of goods and services – shows that April inflation rose 4.9 percent from the same month last year. It was the lowest increase in two years.

Kate Fisher reports from Washington.

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Mixed close on Wall Street despite easing inflation

It was a mixed close on Wall Street despite inflation dropping to the
lowest annualized rate in two years.

It's welcome news but price pressures remain well above the Federal
Reserve's two percent target.

William Denselow reports from New York.

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George Santos pleads not guilty

George Santos has pleaded not guilty to the 13 federal charges.
He has been released on bail and due to appear in court again on June 30th.
The charges include wire fraud, money laundering, theft of public
funds and making false statements to the House of Representatives.
Jody Jacobs has more on that story...

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US government lays out new asylum rules amid migrant surge at southern borde

The Secretary of Homeland Security, Alejandro Mayorkas, is warning of "difficult" days ahead, as a pandemic-era policy — used to expel migrants millions of times from the country's southern border — comes to an end.

Title 42 will expire on Thursday, although it's being replaced with a series of measures that the administration hopes will build legal pathways for asylum and fix what it calls a "broken immigration system."

Benji Hyer reports from the US-Mexico border. 

 

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London’s top finance bosses fear global competitors are outpacing the City as a lucrative investment destination.

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London's top finance bosses fear global competitors are outpacing the City as a lucrative investment destination. 

Executives believe it's the red tape and years of underinvestment that has local businesses lagging behind. 

Some have also blamed the soaring housing market, lingering effects of the pandemic and the impact the rising costs of living has on low productivity rates.

Natalie Malgas has more from Paris...

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Kenya Police Summons Controversial Preacher

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Detectives in Kenya have summoned a popular preacher for his controversial teachings as the government cracks down on religious cults.

 

Eliud Wekesa also known as Jesus of Tongaren is the leader of the New Jerusalem sect and has 12 disciples all named after descendants of the biblical Jacob.

Isabel Nakirya reports

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George Santos in custody

Embattled Republican congressman George Santos has been arrested as
the Department of Justice unseals federal charges against him.
He is being charged with 13 counts of fraud and money laundering as
well as theft of public funds.
Following his election last year, the New York Times revealed that the
34 year old fabricated almost every aspect of his personal and
professional history.
Jody Jacobs has more from New York.

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Trump rails against sexual abuse verdict

Donald Trump has called the sexual abuse verdict against him a
travesty of justice and a disgrace.

Jurors in Manhattan Tuesday found the former president liable for
defaming and sexually abusing the columnist E. Jean Carroll.

William Denselow reports from New York.


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Imran Khan in court as protests continue across Pakistan

Pakistan remains tense a day after former Prime Minister Imran Khan was arrested in a corruption case.

He was presented in court today, where the prosecution has demanded the former cricketer be kept in custody for two weeks.

Our South Asia correspondent Neha Poonia has more.

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Imran Khan presented in court as protests continue across Pakistan

A day after he was arrested, former Pakistani Prime Minister Imran Khan was presented in an anti-corruption court in Islamabad.

Security in and around the court was beefed up ahead of his arrival.

Imran Khan claims that his arrest was illegal as he was not shown an arrest warrant until after he was detained.

Meanwhile, Pakistan remains on edge with his supporters holding large protests demanding his release.

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Terrorists Release Three More Nigerian Students Abducted Since 2021

Three more students of Federal government college Yauri in Nigeria's northern state of Kebbi kidnapped since June, 2021 have been released by their abductors.

Correspondent Tesem Akende reports from Jos.

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Likely Impact Of The Trump Ruling?

The fallout is continuing after former US President Donald Trump was found liable for sexually abusing and defaming writer E. Jean Carroll.

A New York jury in the civil trial ordered him to pay more than $5 million in damages. His lawyers have said he'll appeal.

There are now questions about the effect it could have on Trump's bid for the White House in 2024.

Some Republicans have expressed concern about the impact it could have on his wider appeal, but Sonia Sodha from The Observer newspaper thinks that the damage could be limited:

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Key Indian state of Karnataka goes to polls ahead of general elections in 2024

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The south Indian state of Karnataka is holding elections in what many analysts are calling a prelude to the general elections next year.

It's a tough battleground state that's currently ruled by Prime Minister Narendra Modi's Bhartiya Janata Party. 

But the opposition parties are hoping to make inroads, capitalizing on a social welfare-based manifesto. 

Indian correspondent Ishan Garg tells us more about what's at stake. 

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Japan says no nuclear promises from US at G7

Japan says it is not expecting the US to make any promises on nuclear disarmament at next week’s G7 summit in Hiroshima. 

Nuclear proliferation is set to be a key issue of the three-day meeting, which is being held in one of the only cities to have experienced a nuclear attack. 

Chris Gilbert reports from Tokyo. 

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US CONGRESSMAN GEORGE SANTOS CHARGED BY JUSTICE DEPARTMENT

US prosecutors have filed criminal charges against George Santos, the congressman who has admitted to lying about his resume.

According to news outlet CNN, the New York Representative is expected to appear as soon as Wednesday at a federal court.

The Republican congressman's attorney declined to comment.

Sally Patterson reports.

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No agreement on US debt ceiling

US House Speaker Kevin McCarthy says there has been "no new movement"
towards agreeing a debt ceiling deal, following talks with President
Joe Biden.

The meeting at the White House comes ahead of a June 1st deadline,
when the US is expected to run out of money and be unable to pay its
debts.

The US Treasury has warned the country defaulting would trigger a
global economic "catastrophe".

Biden and McCarthy will meet again on Friday.

House Speaker Kevin McCarthy spoke to reporters after the meeting.

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US stocks down ahead of inflation data

US stocks ended lower Tuesday amid concerns over the debt ceiling and further rate hikes.

Eyes are on key inflation data due out on Wednesday which could determine what the Federal Reserve does next.

Sally Patterson reports from New York.

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DONALD TRUMP FOUND LIABLE FOR SEXUAL ABUSE AND DEFAMATION

Former US president Donald Trump has been found liable for sexually abusing and defaming writer E. Jean Carroll.

A New York jury ordered him to pay more than $5 million in damages.

But Trump was not found liable for rape in the civil case, as Carroll had alleged.

Sally Patterson has more.

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Sally Patterson

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Poll: Two thirds of Americans say the abortion drug at the centre of a legal dispute should remain on the market

Two-thirds of Americans say the abortion drug at the centre of a legal dispute should remain on the market - according to a Washington Post ABC News poll.

The Supreme Court preserved access to mifepristone in April while the Biden administration appeals the decision of a lower court to suspend the Food and Drug Administration's 23-year-old approval for the drug.

Kate Fisher reports from Washington

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US on track for most mass killings in recent history

2023 is on track to be the worst in recent history for mass killings in the United States.

New data from the Mass Killing Database show there have been 22 mass killings this year, resulting in at least 115 deaths.

The database defines a mass killing as an event where four or more people, not including the perpetrator, are killed within a 24-hour window.

This comes after a gunman opened fire in a Texas shopping mall on Saturday, leaving at least eight people dead.

Sally Patterson reports.

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