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Fed signals bond-buying taper coming 'soon,' rate hike shifts to 2022

Finance · 7:42 PM UTC

The Federal Reserve on Wednesday cleared the way to reduce its monthly bond purchases "soon" and signaled interest rate increases may follow more quickly than expected, with nine of 18 U.S. central bank policymakers projecting borrowing costs will need to rise in 2022.

Special Report: Backers of Trump's false fraud claims seek to control next elections

After fence-mending Biden-Macron call, French envoy to return to U.S.

Some Haitians at U.S. border released, others deported as pressure builds on Biden

Ukraine left puzzled after assassination attempt on president's top aide

Evergrande domestic debt deal calms immediate contagion concern

'All we can do is cry' - La Palma volcano leaves trail of devastation

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A tribute to the star Reuters photojournalist

Danish Siddiqui

1983-2021

Talking Points

United States

Republicans see opportunity in U.S. debt-ceiling standoff

U.S. Senate showdown vote on debt limit could come next week

'Proud Boy' Jan 6 riot defendant seeks release from pre-trial detention

Virginia capital unveils monument marking end of slavery after removing Confederate statue

Europe

Europe · 7:39 PM UTC

'All we can do is cry' - La Palma volcano leaves trail of devastation

Lava flowed from an erupting volcano on the Spanish island of La Palma for a fourth day on Wednesday, forcing more people to evacuate their homes and blanketing towns in ash, while residents struggled to come to terms with the destruction.

'New normal': Kremlin says tough approach to Navalny allies here to stay

Polish court delays ruling on primacy of EU law

Czech far right sets 'Czexit' referendum law as price for post-vote talks

Germany seeks backing for Tedros at WHO helm as Africa quiet - diplomats

Health

Developing nations' plea to world's wealthy at U.N.: stop vaccine hoarding

Explainer: Here's what we know about how U.S. will lift travel restrictions

Brazil's Bolsonaro in COVID isolation after trip to U.N.

U.S. parents weigh risks, benefits as COVID-19 vaccine for kids nears approval

Energy

Energy · 5:55 PM UTC

Soaring gas prices ripple through heavy industry, supply chains

Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains in some sectors such as food and could result in higher costs being passed on to their customers.

EXCLUSIVE Biden administration mulls big cuts to biofuel mandates in win for oil industry -document

Exxon, Chevron not disclosing payments to some governments -transparency group

Britain tells its food industry to prepare for CO2 price shock

On the cusp of Europe's winter season, gas storage hits 10-yr low

Asia Pacific

Sunni scholars who left Afghanistan hope Islam's tolerant message survives Taliban

Myanmar town near India border sees exodus as thousands flee fighting

Malaysia to seek China's view on Australia's nuclear sub pact

Melbourne police arrest 200 at COVID-19 lockdown protests

Business

Fed signals bond-buying taper coming 'soon,' rate hike shifts to 2022

Investors watch U.S. companies' record profit margins as costs rise further

Restaurant-software maker Toast valued at nearly $33 bln as shares surge in debut

U.S. home sales fall, house price inflation cooling

China

COVID-19 sends northern Chinese city into semi-shutdown

In climate pledge, Xi says China will not build new coal-fired power projects abroad

China's high-tech push seeks to reassert global factory dominance

Overseas Uyghurs struggle to locate relatives in Xinjiang prisons

Americas

Some Haitians at U.S. border released, others deported as pressure builds on Biden

EXCLUSIVE JPMorgan faces oil bribery probe in Brazil

Police in Quebec seek man for punching nurse over wife's COVID-19 shot

EXCLUSIVE Mexico's Kavak says new funds make it second-most valuable LatAm startup

Technology

Apple bars Epic's 'Fortnite' from App Store until all court appeals end

Facebook wraps up deals with Australian media firms, TV broadcaster SBS excluded

Robinhood to begin testing crypto wallets, with broader launch in early 2022

Facebook warns it is 'underreporting' iOS ad results amid Apple privacy changes

Middle East

Turkey's top Islamic cleric moves centre stage, irking secularists

EU's top diplomat meets Iran's new foreign minister for first time

Donors pledge additional $600 mln to avoid Yemen aid cuts

Saudi king tells U.N. kingdom supports efforts to prevent nuclear Iran

Environment

New WHO air-quality guidelines aim to cut deaths linked to fossil fuels

Where's Wally? Wandering celebrity walrus spotted in Iceland

Philanthropists pledge record $5 billion to protect nature

Candles save France's grand cru Chablis from frost ravages

Sustainable Business

Sustainable Business

World's beautiful, Airbus says as air industry sets out green goals

Sustainable Business

EXCLUSIVE White House backs plan for renewable energy industry tax partnerships

Sustainable Business

EXCLUSIVE Biden administration mulls big cuts to biofuel mandates in win for oil industry -document

Sustainable Business

Kroger, Woolworths to expand reusable packaging trials to stores

Sports

Pele sings for Santos as recovery continues

'Say cheese', Europeans court Packers fans at Ryder Cup

MLB roundup: Giants slip by Padres to keep NL West lead

Can you 'own' a goal? Collectible NFTs rolling into elite soccer

Lifestyle

Johnny Depp decries 'cancel culture' before receiving San Sebastian's top prize

Where's Wally? Wandering celebrity walrus spotted in Iceland

Fashion label Valentino makes $690 hoodie to support COVID-19 vaccine

Matilda, Willy Wonka join Netflix catalog as it buys Roald Dahl's works

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