Explainer: Israeli politics deadlocked after second election: What now?

World News - Wed, 2019-09-18 10:50
After failing to secure a clear election victory for the second time this year, Israeli Prime Minister Benjamin Netanyahu must wait days - or more likely weeks - to learn if he can stay in office, or whether he must step aside.
Categories: News

Fed's job gets more complex as fed funds rate moves out of bounds

World News - Wed, 2019-09-18 10:45
Stress in U.S. money markets loomed over a Federal Reserve policy meeting on Wednesday with new data showing that the central bank's target interest rate had drifted outside the level set by the central bank for the first time since the 2007-2009 financial crisis.
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Instant view: U.S. fed funds rate breaks above Fed's target range

World News - Wed, 2019-09-18 10:45
A key interest rates the Federal Reserve aims to influence to control monetary policy broke above the top-end of the central bank's target range for the first time since the global credit crisis more than a decade ago.
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Wall Street edges lower as FedEx profit warning drags; Fed in focus

World News - Wed, 2019-09-18 10:37
U.S. stocks came under pressure on Wednesday after FedEx issued a profit warning, while investors waited for the Federal Reserve's decision on interest rates in what has been a rocky week for global markets.
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Analyst view: Fed's day two of cash injection into U.S. banking system

World News - Wed, 2019-09-18 09:55
As if the U.S. Federal Reserve didn't already have enough on its plate heading into its meeting on interest rates this week, chaos deep inside the plumbing of the U.S. financial system has thrown policymakers an unexpected curve ball.
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Saudi Finance Minister: still considering secondary options for Aramco IPO - Bloomberg

World News - Wed, 2019-09-18 09:49
Saudi Arabia is still considering secondary locations for the flotation of oil giant Aramco after primary location Riyadh, Finance Minister Mohammed al-Jadaan said in an interview with Bloomberg TV on Wednesday.
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Iran warns of crushing response, blames U.S. for regional tension

World News - Wed, 2019-09-18 09:39
Iran on Wednesday threatened a crushing response to any military strike after attacks on Saudi oil sites blamed by Washington on Tehran, though it said the Islamic Republic had no desire for conflict in the Gulf region.
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Congressional Democrats threaten to subpoena vaping company Juul over documents

World News - Wed, 2019-09-18 09:16
Congressional Democrats on Wednesday threatened to subpoena Juul Labs if the e-cigarette maker does not provide documents relating to its products and marketing practices, as a House panel looks into whether the company deliberately targeted children.
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U.S. fed funds rate breaks above Fed's target range

World News - Wed, 2019-09-18 09:13
A key interest rates the Federal Reserve aims to influence to control monetary policy broke above the top-end of the central bank's target range for the first time since the global credit crisis more than a decade ago.
Categories: News

Trump says he has ordered substantial increase of Iran sanctions

World News - Wed, 2019-09-18 09:11
U.S. President Donald Trump said on Wednesday he had ordered Treasury Secretary Steven Mnuchin to "substantially increase sanctions" imposed on Iran, amid escalating tensions between Washington and Tehran.
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Offering UK a Brexit choice, Labour's Corbyn stays shy on his view

World News - Wed, 2019-09-18 08:42
Opposition Labour leader Jeremy Corbyn promised on Wednesday to offer Britain the choice of leaving the European Union with a "credible" deal or staying in the bloc if he wins power, but declined to say which side he favored.
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Britain to investigate $5 billion U.S. takeover of defense firm Cobham

World News - Wed, 2019-09-18 08:29
Britain will investigate the national security impact of the purchase of defense company Cobham by U.S. private equity firm Advent International, potentially delaying or even blocking the $5 billion deal.
Categories: News

Turkish court rules to keep U.S. consulate worker in jail: lawyer

World News - Wed, 2019-09-18 08:24
A Turkish court ruled on Wednesday to keep a U.S. consulate employee in jail as his trial on espionage charges continues, a lawyer said, meaning he will remain in detention until the next hearing in December.
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Oil prices slip on Saudi pledge, financial markets look to Fed

World News - Wed, 2019-09-18 08:09
Oil prices cooled on Wednesday as Saudi Arabia's pledge to quickly restore production eased supply worries, while caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges.
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Saudi Arabia promises concrete proof Iran behind oil attack

World News - Wed, 2019-09-18 07:24
Saudi Arabia said it would produce evidence on Wednesday linking regional rival Tehran to an unprecedented attack on its oil industry that Washington believes originated from Iran in a dangerous escalation of Middle East frictions.
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Iran seeks de-escalation but will give crushing response to any attack: security official

World News - Wed, 2019-09-18 07:24
Iran wants to reduce tensions in the Middle East after attacks on oil sites in Saudi Arabia, but any aggression will meet a crushing response, a senior security official was quoted as saying on Wednesday.
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Iran's Zarif rejects as 'distraction' U.S. accusations over Saudi attacks: ISNA

World News - Wed, 2019-09-18 07:24
Iran dismissed U.S. accusations over weekend attacks of Saudi Arabia's oil sites as a distraction from the realities in the Middle East, Iran's Students News Agency ISNA quoted Foreign Minister Mohammad Javad Zarif as saying on Wednesday.
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Pompeo to discuss efforts versus Iran with Saudi crown prince

World News - Wed, 2019-09-18 07:24
The U.S. Secretary of State will meet with Saudi Arabia's crown prince in Jeddah on Wednesday to discuss the attack on Aramco installations and coordinate efforts against "Iranian aggression", the U.S. Mission to the United Arab Emirates said.
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France wants facts before commenting on Saudi attack - foreign ministry

World News - Wed, 2019-09-18 07:24
France will not rush into commenting on who was behind an attack on Saudi oil installations, a foreign ministry spokeswoman said on Wednesday.
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Russia's Putin, Saudi crown prince discuss attacks: Kremlin

World News - Wed, 2019-09-18 07:24
Russian President Vladimir Putin discussed weekend attacks on Saudi Aramco's oil infrastructure by phone with Saudi Crown Prince Mohammed bin Salman on Wednesday, the Kremlin said.
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