The Ethiopian government and regional forces from Tigray agreed on Wednesday to cease hostilities, a dramatic diplomatic breakthrough two years into a war that has killed thousands, displaced millions and left hundreds of thousands facing famine.
- WorldUkraine grain export deal back on track as Russia resumes participation
Russia said on Wednesday it would resume its participation in a deal freeing up grain exports from war-torn Ukraine, reversing a move that world leaders had said threatened to exacerbate global hunger.
- MarketsFed set for another big rate hike, may tamp down future tightening
The Federal Reserve is expected to raise interest rates by three-quarters of a percentage point for the fourth straight time on Wednesday, but open the door to a future slowdown in its policy tightening as it balances the risk of stubbornly high inflation against the economic strains of tighter credit.
- LegalJury begins deliberating in Trump ally Barrack's 'foreign agent' trial
A U.S. jury began deliberations on Wednesday in the trial of Tom Barrack, the onetime private equity executive and fundraiser for Donald Trump, on charges he acted as a foreign agent for the United Arab Emirates.