News Archive - 19 September 2015

>LONDON U.S. Secretary of State John Kerry said on Saturday Syria's President Bashar al-Assad has to go but the timing of his departure should be decided through negotiation.Speaking after talks with British Foreign Secretary Philip Hammond in London, Kerry called on Russia and Iran to use their influence...

>HAVANA Pope Francis exhorted Cuba and the United States on Saturday to set an example for the world by deepening the recent rapprochement that he helped secretly broker between the former Cold War foes.His zucchetto skullcap flying off in the Caribbean breeze at the start of a nine-day tour...

>NASHVILLE, Tenn Federal Reserve policymakers appeared deeply divided on Saturday over how seriously problems in the world economy will effect the U.S., a fracture that may be difficult for Fed Chair Janet Yellen to mend as she guides the central bank's debate over whether to hike interest rates.

>NEW YORK/WASHINGTON A group of prominent Democratic Party fundraisers on Friday began circulating a letter to encourage a hesitant Vice President Joe Biden to enter the 2016 race for U.S. president.The letter, signed by nearly 50 people, calls the Obama-Biden administration a "spectacular success." It cites job...

>BELI MANASTIR/HARMICA, Croatia Hungary and Croatia traded threats on Saturday as thousands of exhausted migrants poured over their borders, deepening the disarray in Europe over how to handle the tide of humanity.More than 20,000 migrants, many of them refugees from the Syrian war, have trekked into Croatia since Tuesday,...

>Bullard does not currently vote on the Fed's policy setting committee and thus could not join Richmond Fed chief Jeffrey Lacker in dissenting from the decision to hold rates near zero for at least another six weeks.But he was sharply critical of the decision in remarks to a community...

>Trump drew criticism on Friday from Republican and Democratic rivals in the 2016 race for the presidency when he failed to challenge a man at a New Hampshire town hall on Thursday night who said Muslims were a problem in the United States."We know our current president is one.

>The jets took off from a base in Diyarbakir, in Turkey's southeast, and later returned without damage, the sources said.Turkey's largely Kurdish southeast has been hit by almost daily waves of deadly fighting between PKK militants and security forces since the collapse of a ceasefire in July. Security forces...

>Siluanov was speaking to reporters at a military facility in the Orenburg region where President Vladimir Putin was holding a meeting. His comments come ahead of a government decision on whether to divert pension savings to fund the budget directly.He said that pension funds were expected to buy around...

>Interviewed by the Neue Zuercher Zeitung, Peter Praet defended the bank's stimulus programmers, including quantitative easing, saying they had helped avoid a damaging financial panic. As turbulence in emerging markets intensifies, he said the ECB remains ready to modify or expand the program, now seen as buying more than one...

>The U.S. Federal Reserve left rates unchanged at near-zero levels on Thursday, postponing a widely expected hike due to "less certain" global economic outlook."There has been uncertainty globally which perhaps has an impact on timing, but surely the market expects the Fed to act sooner or later," Liikanen...

>Fed policymakers on Thursday voted to keep the Fed's target interest rate at between zero and a quarter point."Such exceptionally low real interest rates are unlikely to be appropriate for an economy with persistently strong consumption growth and tightening labor markets," Lacker said in a statement.He was the...

>TOVARNIK, Croatia/ZAGREB After suddenly finding itself in the path of Europe's biggest tide of migrants for decades, Croatia said on Friday it could no longer offer them refuge and would wave them on, challenging the EU to find a policy to receive them.The migrants, mostly from poor or war-torn...