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19879 articles published since 08 Mar 2022

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Has the Fed won the battle against inflation?
Has the Fed won the battle against inflation?
Business and Economy

The US Federal Reserve's decision to hold its key lending rate on Wednesday and pencil in three interest rate cuts next year has fueled optimism that its inflation battle is won. On Wednesday, the Fed voted to hold interest rates steady for a third straight meeting, and predicted 0.75 percent points of interest rate cuts in the year ahead.

Historic Vatican fraud trial to deliver its verdict
Historic Vatican fraud trial to deliver its verdict
Business and Economy

A Vatican court delivers its verdict on Saturday in a historic trial focused on an opaque London property deal, with a once-powerful cardinal among 10 defendants facing jail for alleged financial crimes. Just weeks before the trial, Francis gave the Vatican's civilian courts the power to try cardinals and bishops, where previously they were judged by a court presided over by cardinals.

Canada print media to get two-thirds of Google's payment to news outlets
Canada print media to get two-thirds of Google's payment to news outlets
Technology

Canada's print media will receive nearly two-thirds of an annual Can$100 million (US$75 million) payment from Google to the country's news outlets in exchange for distribution of their content, the federal government announced Friday. Most of the payout will go to the print media because it is "really dependent" on online platforms to distribute its content, the official added.

Mexico's Maya Train underway, despite environmental concerns
Mexico's Maya Train underway, despite environmental concerns
Business and Economy

Mexico's Maya tourist train glided into action on Friday, promising prosperity for one of the country's poorest regions, but tainted by allegations of environmental devastation. Cancun is Mexico's leading tourist destination and welcomed 34 million foreign visitors between January and October, according to official figures.

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