The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs amid recent turmoil in financial markets spurred by the collapse of two U.S. banks.
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Russia blasted an apartment block in Ukraine with missiles on Wednesday and swarmed cities with drone attacks overnight, in a display of force as President Vladimir Putin bid farewell to his visiting "dear friend" and Chinese counterpart Xi Jinping.
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If the Committee of Privileges finds the former prime minister intentionally misled parliament, then he could be suspended.
- WorldAnalysis: Erdogan tries to salvage economic credibility before Turkey's election
Former Turkish economy tsar Mehmet Simsek's refusal to return to politics has left President Tayyip Erdogan's ruling party scrambling to rebuild its economic credibility less than two months before landmark elections, insiders and analysts say.