Australian Prime Minister Anthony Albanese faces a struggle to reunite a more divided nation after one of the cornerstone promises of his election, to include a voice for Indigenous people in the nation’s constitution, failed at a referendum.
Colombia’s central bank has room to lower interest rates by over five percentage points from the current level to 8% in 2024 as inflation continues to slow, Finance Minister Ricardo Bonilla said in an interview.
The International Monetary Fund’s top advisory board failed to reach a consensus at its annual meeting, with Russia’s war in Ukraine again complicating its attempts to speak with a unified voice on key issues.
US Secretary of State Antony Blinken urged Beijing to use its influence in the Middle East to prevent other state or non-state actors from attacking Israel and widening its war with Hamas, the State Department said.
Changing attitudes to work since the pandemic and sluggish business investment have hit the UK’s economic capacity and kept inflation elevated, Bank of England chief Andrew Bailey said.
The International Monetary Fund said that it sees no factors that would compel Japan to intervene in the foreign exchange market to support the yen.
Kenya has approved changes to the way it determines the maximum amount of debt the government can hold, as it seeks to improve transparency in the accounting and management of the country’s loans.
Russian attempts to capture Avdiivka in eastern Ukraine, a move that Moscow’s authorities claim will mark the end of Kyiv’s counteroffensive, failed again on Friday, said US-based military analysts at the Institute for the Study of War. Russia’s military command “appears to be restricting discussion of offensive operations around Avdiivka in the Russian information space, likely in an attempt to adapt to previous information shocks and control any narratives that emerge around these operations,”
European Central Bank President Christine Lagarde said underlying inflation in the euro zone is still strong and wage growth is “historically high.”
Two of Paris’s most popular tourist destinations were evacuated and shut down for security reasons, a day after the fatal stabbing of a teacher in northern France that President Emmanuel Macron described as an Islamist terror attack.
