Wednesday, January 26, 2022

Federal Reserve signals interest rate rise in mid-March to ease inflation

The U.S. Federal Reserve has not yet changed interest rates after two days of meetings, but it has signaled intention to raise them in mid-March.


The central bank's stimulus program, part of economic recovery from the pandemic, will conclude in time for the change.


More from FSN's correspondent Caroline Malone in Washington.


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Prince Andrew denies being Epstein co-conspirator, demands jury trial

Prince Andrew is again asking a judge in New York to dismiss the civil lawsuit against him by Virginia Giuffre.


But in a fresh legal filing, he says that if the case goes forward he wants a jury trial to determine its outcome.


Our Washington Correspondent Sinon Marks reports.


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Prince Andrew requests trial by jury in sexual assault case

Britan's Prince Andrew has asked to face a trial by jury for his
sexual assault case in New York.

The Royal is being sued by a woman who claims she was forced to have
sex with him.

Sarah Walton reports.

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WTO allows China to slap tariffs on US imports

The United States has hit back against the Geneva based World Trade Organization after it ruled in favour of allowing China to levy $645 million dollars worth of tariffs on US imports.

A spokesperson for the U.S. Trade Representative's office said the decision was "deeply disappointing" and showed the need for WTO reforms.

Jagruti Dave reports from Washington.

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US city orders gun owners to carry liability insurance

San Jose, California has voted to require gun owners to carry
liability insurance, in a step aimed at reducing gun violence.

The measure is thought to be the first of its kind in the United States.

Silicon Valley Correspondent Rachel Silverman has details.

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US Supreme Court Justice Stephen Breyer to retire

US Supreme Court Justice Stephen Breyer is retiring, giving President
Joe Biden a chance to nominate a liberal judge that could influence
major rulings for years to come.

It's unclear when Breyer will step down but the timing could be
crucial for Democrats.

Nick Harper reports from Washington.

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San Francisco anti-Asian hate crimes jump over 500%

The number of Anti-Asian hate crimes reported in San Francisco increased over 500% last year, according to preliminary police data.


City officials are pledging to do more to protect the city's large Asian population. 


Ira Spitzer reports from San Francisco.


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US weighs removing diplomats from China over Covid protocols

The United States is looking at pulling diplomats out of China over
the country's strict Covid-19 measures.

Under plans being drawn up, staff could leave on a temporary basis,
until they feel safe to return.

Nick Harper reports from Washington.

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Daily Covid deaths in U.S. has matched Delta peak

The number of Americans currently dying from Covid-19 each day has
matched levels seen at the peak of the Delta variant wave last year.

This comes despite a new study suggesting that the Omicron variant is
less severe than previous strains of the coronavirus.

U.S. correspondent William Denselow reports.

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Emails suggest UK PM gave green light for animals to be evacuated from Kabul


The UK Prime Minister gave the green light for animals to be airlifted from Afghanistan during the evacuation of Kabul last year, according to newly-released emails.

Boris Johnson has previously denied that he personally intervened on behalf of animal charity Nowzad, run by ex-British soldier, Pen Farthing.

Giles Gibson reports from London.

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Unicef worried for 850 children held in Syrian prison

Concerns are growing for 850 children in a Syrian prison that was
seized by the Islamic State.

US backed Kurdish forces have now retaken the facility.

Sarah Walton reports

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Britain PM defies calls to resign -- as UK awaits investigation

British Prime Minister Boris Johnson faces another pivotal day as the UK awaits the publication of an investigation into alleged parties in and around Downing Street during coronavirus lockdowns.


Benji Hyer has the latest from London. 


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GERMAN LAWMAKERS DEBATE VACCINE MANDATE

Just days before Austria begins enforcing a nationwide vaccination mandate against Covid-19, lawmakers in neighboring Germany will today begin debating the introduction of a similar plan. 

Under the proposals, people aged 18 or above would be required by law to be vaccinated. 

From Berlin, Trent Murray reports. 

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EU Commissioner visits Ukraine in show of support amid surging tensions

As tensions surge along Russia's borders with Ukraine, the European Union has once again affirmed its solidarity with the country's sovereignty and territorial integrity. The bloc has condemned Russia's military buildup and is preparing sanctions to slap on Moscow in the event of an invasion. The EU is also seeking to publicly show its support to Kyiv. From Brussels, Rosie Birchard reports. 

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DOWNING STREET AWAITS GRAY REPORT

UK Prime Minister Boris Johnson's bracing for a leadership challenge over a series of parties it's claimed broke covid lockdown rules.

Police are now investigating whether any events in and around Downing Street over the last two years were illegal.

And an independent investigation by civil servant Sue Gray into parties held by officials is also set to be published imminently.

A number of Conservative MPs have signalled they could mount a leadership challenge at that point.

Foreign Secretary Liz Truss says the investigation is expected soon - but she doesn't know what will be in it.

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Ukraine and Russia join talks in Paris as crisis continues

Diplomatic advisers from Ukraine, Russia, France and Germany are meeting in Paris for talks today/on Wednesday/26 January, as the tension continues in Europe over Russia's military build-up on Ukraine's borders.

From FSN's bureau in Paris, here's Ross Cullen.

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India's Republic Day celebrations scaled down due to COVID-19

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India is celebrating its 73rd Republic Day with scaled-down festivities.

To mark the day its constitution came into effect, the country will have a military parade and cultural exhibitions.

But as the country grapples with an ongoing COVID-19 wave, some decades-old traditions have been done away with.

Ishan Garg tells us more from New Delhi.

 

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Bank of Japan’s 2% inflation target in sight but monetary policy unchanged

Some policymakers at the Bank of Japan see inflation approaching a 2% target, according to a summary of the bank's January meeting.


But despite consumer prices creeping up in the country, policymakers cautioned against exiting crisis-mode stimulus.


Phoebe Amoroso reports from Tokyo.


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Hong Kong sets COVID-19 vaccination target for schools

The Hong Kong government is setting COVID-19 vaccination targets for schools, in order for them to be allowed to reopen. Schools have been closed for the past week amid an outbreak of the Omicron variant in the city. 
Richard Kimber reports from Hong Kong. 

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Paralympian named Australian of the Year

Paralympian and Wimbledon champion DYLAN ALCOTT says he'll be an outspoken Australian of the Year after he was awarded the honour last night.

The 31-year-old says his purpose is to change perceptions, so people with a disability are given more opportunities.

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COURTESY AIR NEWS MEDIA - AUSTRALIA