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Fed Raises Key Rate by a Half-Point in Bid to Tame Inflation

Fed Raises Key Rate by a Half-Point in Bid to Tame Inflation

WASHINGTON — The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark interest rate by a half-percentage point Wednesday — its most aggressive move since 2000 — and signaling further large rate hikes to come.
Biden Signs Order on Cryptocurrency as Its Use Explodes

Biden Signs Order on Cryptocurrency as Its Use Explodes

WASHINGTON — President Joe Biden on Wednesday signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency.
Local Churches Shun Vatican’s Moderate Stance on Russia

Local Churches Shun Vatican’s Moderate Stance on Russia

ROME (AP) — The head of the Polish bishops’ conference has done what Pope Francis has so far avoided doing: He publicly condemned Russia’s invasion of Ukraine and urged the head of the Russian Orthodox Church to use his influence with Vladimir Putin to demand an end to the war and for Russian soldiers to stand down.
Markets Around the World Shudder Following Ukraine Attack

Markets Around the World Shudder Following Ukraine Attack

NEW YORK — Stocks sank worldwide Thursday after Russia’s attack of Ukraine sent fear coursing through markets and threatened to push the inflation squeezing the global economy even higher.
Marchers in Athens Protest Reported Greek Migrant Pushbacks

Marchers in Athens Protest Reported Greek Migrant Pushbacks

ATHENS — Hundreds of people marched through central Athens on Sunday to protest what they say are Greece’s pushbacks of migrants and refugees at the border with Turkey.
Magnitude-5.1 Earthquake Shakes Cyprus; No Damage Reported

Magnitude-5.1 Earthquake Shakes Cyprus; No Damage Reported

NICOSIA — An earthquake with a preliminary magnitude of 5.
Former Greek President Christos Sartzetakis Dies at 92

Former Greek President Christos Sartzetakis Dies at 92

ATHENS, Greece (AP) — Former Greek President Christos Sartzetakis, a judge widely respected for resisting pressure from military dictators who ultimately imprisoned him without trial in the late 1960s, has died following a long hospitalization.
Georgia DA Investigating Trump Asks FBI for Security Help

Georgia DA Investigating Trump Asks FBI for Security Help

ATLANTA — The prosecutor who's investigating whether Donald Trump and others broke the law by trying to pressure Georgia officials to overturn Joe Biden's presidential election victory is asking the FBI for security help after the former president railed against prosecutors investigating him.
1 NYPD Officer Killed, 1 Severely Injured in Harlem Shooting (Vid)

1 NYPD Officer Killed, 1 Severely Injured in Harlem Shooting (Vid)

NEW YORK (AP) — A New York City police officer was killed and another critically wounded Friday night while answering a call about an argument between a woman and her adult son, officials said, making four officers shot in the city in as many days.
Cyprus Sees Full Tourism Sector Rebound by 2024

Cyprus Sees Full Tourism Sector Rebound by 2024

NICOSIA — The government of Cyprus expects tourism to start fully rebounding in 2022 after arrivals this year increased a healthy 175% over a dismal 2020, a tourism minister said Thursday.

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