Stories for September 22nd 2022

Thursday, September 22nd 2022 - 10:01 UTC
With inflation soothing, Brazilian central bank leaves basic Selic interest rate unchanged at 13,75%

Brazil's Central Bank Monetary Policy Committee (Copom) decided on Wednesday to keep its basic Selic interest rate unchanged at 13,75%, putting an end to twelve consecutive increases which took off in 2021 with the purpose of bringing down inflation.
Thursday, September 22nd 2022 - 09:59 UTC
Italian elections, hard-right-populist-lady with the Trump-Johnson approach expected to win

By Gwynne Dyer – There’s an election in Italy next Sunday, almost exactly 100 years after Benito Mussolini’s ‘black-shirts’ marched on Rome and brought the first fascist dictator to power.
Thursday, September 22nd 2022 - 09:56 UTC
Truss meets Biden in New York; talks focus on the Good Friday Agreement and peace in Northern Ireland

United Kingdom prime minister Liz Truss and US president Joe Biden held bilateral talks on the sidelines of the United Nations annual Assembly with special emphasis on the Good Friday Agreement that helped to end decades of conflict in Northern Ireland.
Thursday, September 22nd 2022 - 09:51 UTC
Chilean forestry companies planning a class action lawsuit against government because of arson attacks

Some forty-five forestry companies have joined to start a class action lawsuit against the Chilean government, demanding compensation for the losses, constant arson attacks, and wood robberies of which they have been victims since 2017.
Thursday, September 22nd 2022 - 09:38 UTC
Massive arrests of anti-war protesters throughout Russia

Over 1,000 Russian protesters have been arrested after they took to the streets in response to Vladimir Putin's announcement regarding a “partial” military mobilization involving some 300,000 reserve soldiers for the offensive in Ukraine.
Thursday, September 22nd 2022 - 09:35 UTC
Germany to nationalize gas giants to secure energy supplies and war in Ukraine

Germany is to nationalize gas giant Uniper to secure energy supplies amid the war in Ukraine. The deal will see the German government take on a 98.5% stake in the firm at a cost of €8.5bn (£7.4bn).
Thursday, September 22nd 2022 - 09:33 UTC
Iran: At least 9 people killed amid women's rights protests

At least 9 people have been killed in Iran amid protests following the death of a woman in morality police custody over her improper wearing of the mandatory face covering.
Thursday, September 22nd 2022 - 09:27 UTC
Moscow and Kyiv carry out unexpected swap of POWs

Moscow and Kyiv carried out Wednesday an unexpected swap of prisoners of war (POWs) with 215 Russian and 55 Ukrainian prisoners released, it was reported.
Thursday, September 22nd 2022 - 09:04 UTC
Fed's Powell and the unfortunate costs of reducing inflation: third 75 basis points interest rate hike

Challenged by the highest level of inflation experienced in the US in over 40 years, the Federal Reserve decided on Wednesday a third consecutive interest rate hike of 75 basis points, bringing the benchmark rate up to a range of 3.0% to 3.25% from 2.25% to 2.50%.