All eyes on Fed decision as US tech shrugs off recession fears

The Federal Reserve, the US central bank, is expected to raise interest rates by 75 basis points, but have markets already priced it in? US tech stocks popped on Wednesday, lifted by upbeat quarterly earnings from Microsoft and Google-parent Alphabet ahead of the Federal Reserve’s decision to announce another increase…

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Jordan’s King Abdullah II meets Israeli prime minister in Amman

In a meeting with Israel’s Yair Lapid, Jordan’s King Abdullah says Palestinians should be included in United States-backed economic projects in the region. Jordan’s king has told Israel’s visiting prime minister that Palestinians should be part of US-sponsored regional economic projects to underpin stability in the Middle East. Jordanian officials…

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Rising anti-refugee sentiment leads to debate in Turkey

Amid economic crisis and election mood, tensions between Turks and refugees increase as Ankara slowly shifts policies. With the Turkish government struggling to deal with one of the most serious economic crises the country has faced in decades, another troubling problem is rearing its head – the rise of anti-refugee sentiment in…

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Russia waging gas war with Nord Stream 1 cuts – Zelensky

Ukraine has accused Moscow of waging a “gas war” against Europe and cutting supplies to inflict “terror” on people. Russian energy firm Gazprom announced it is once again reducing gas flows into Germany to allow work on a turbine on the Nord Stream 1 pipeline. But Ukraine’s President Volodymyr Zelensky…

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Amazon Prime subscription price raised by £1 a month

Amazon is to raise the price of its Prime service for UK customers due to higher operating costs.From September, monthly subscriptions will go up £1 to £8.99 and annual membership will rise from £79 to £95.Amazon said the price rise, its first in the UK since 2014, was partly due…

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Wildfires raging in Europe: What, where and why?

As emergency services battle wildfires across Europe, we take a look at the event and the probable causes. Once a rare occurrence, extreme fires are now becoming more frequent and lasting longer worldwide. The destructive blazes are driven at least in part by climate change, which exacerbates their scale and…

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Joe Biden tests positive for COVID-19: White House

US leader is fully vaccinated and has had two booster shots, is experiencing mild symptoms the White House says. United States President Joe Biden has tested positive for COVID-19, is experiencing “very mild symptoms” and will continue to carry out his duties the White House has said. Biden, 79, who…

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