Markets see wild swings as investors fret over Ukraine, US interest rate hikes
30 January 2022 | 12:55 pm
It's been a rollercoaster 24 hours on global stock markets, with huge swings on Wall Street and volatility hitting its highest level since October 2020. Investors are waiting for the decision from the US Federal Reserve on when it will start raising interest rates, but are also concerned about the rising tensions at Ukraine's border. Meanwhile, Bitcoin has slumped as low as $33,000, down over 50 percent from its peak in November. Our Business Editor Stephen Carroll has the details.
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UN Human Rights chief Volker Turk has said the number of civilian casualties in Russia's invasion of Ukraine far outstrips official figures.
A massive storm system that brought numerous tornadoes has killed at least 21 people across the United States. High winds are still expected as the storms move northeast.
Khalid Aydd Ahmad al-Jabouri, a senior IS leader tied to planned attacks in Europe, was killed in an unknown location in Syria by US forces.
In an interview with FRANCE 24 in New York, former US counterterrorism czar Richard Alan Clarke described the main threats facing the United States in cyberspace and warned that Russia's cyber weapons could potentially "do a lot of damage" in the US.
Republicans in control of the Tennessee House of Representatives have expelled two Democratic representatives over a gun control demonstration.
Germany's old-fashioned peace movement is increasingly divided on how to respond to the war in Ukraine. Their traditional Easter marches are growing less and less relevant to younger generations.
The Ronald Reagan Presidential Library and a US conservative think-tank were among the organizations sanctioned by China. The move comes after Taiwan's President Tsai Ing-wen met with US House Speaker Kevin McCarthy.
US and Asian allies urge support for North Korea worker ban
Kamala Harris praised Tennessee lawmakers Justin Jones and Justin Pearson for pushing for stronger action on gun violence. Joe Biden also invited them to the White House.
A Texas court has suspended approval of the abortion pill mifepristone, while a Washington judge ruled in a separate case that access to the drug must be preserved.
Donald Trump walked into a Manhattan courthouse on Tuesday to become the first-ever criminally indicted former US president. Meanwhile, a couple of weeks ago, the Chinese president was in Moscow. Now Xi Jinping is rolling out the red carpet for French President Emmanuel Macron, who is on his first state visit to China since Covid.
Tennessee Representative Justin Jones has been reinstated to the state congress on an interim basis. Jones and another Democrat, both Black, were ousted last week over a gun control protest in the state capital.
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