Brazilian President Luiz Inacio Lula da Silva said Thursday he would veto a bill passed by Congress that could slash the jail term of former president Jair Bolsonaro, imprisoned over a failed coup bid.Brazil's Senate on Wednesday approved the bill which now heads to Lula, who acknowledged his veto could eventually be overridden by Congress.
The European Central Bank held interest rates steady Thursday for its fourth meeting in a row but was tight-lipped on the future rate path as it stressed lingering geopolitical uncertainty.ECB President Christine Lagarde said tumult around the borders of Europe as well as the impacts of trade tensions meant it was impossible to issue guidance for the future.
Kathmandu, Dec 18: The 11th National Congress of the CPN (UML), which concluded formally on Thursday, has passed a 24-point political proposal on contemporary issues.The proposal was presented by Coordinator of the Proposal Writing Committee, Pradeep Gyawali, in the concluding session of the National Congress. The document has incorporated the issues including the demand of reinstating the House of Representatives (HoR) so as to bring the country back on a constitutional track.The National Congress had the inauguration at Sallaghari of Bhaktapur on December 13.In the concluding session, newly elected Chairperson KP Sharma Oli shared that the National Congress had dispelled...
Indonesia is deploying a top economic minister to the United States to finalise the details of a trade deal announced in July, a ministry spokesman said Thursday.Washington has slashed the tariff faced by Southeast Asia's biggest economy from 32 percent to 19 percent, in an agreement hailed by President Prabowo Subianto as a
Pope Leo XIV has accepted the resignation of New York's conservative Archbishop Timothy Dolan and named a little-known, pro-migrant bishop from his native Chicago to replace him, the Vatican said Thursday.In a significant shift for the Catholic Church in the United States, Leo replaced Dolan, who stepped down after reaching the Church's retirement age of 75, with Ronald Hicks, a 58-year-old bishop from Illinois.The New York archdiocese is among the largest in the US and the pick ends months of speculation about who would follow Dolan, widely regarded as being close to US President Donald Trump.This is the most important...
US consumer inflation slowed unexpectedly in November, delayed government data showed Thursday, although levels remained higher than earlier in the year before President Donald Trump's tariffs flowed through the economy.Analysts also warn that disruptions to data collection, due to a record-long government shutdown, likely distorted the numbers.The consumer price index (CPI) climbed 2.7 percent from a year ago in November, the Department of Labor said, notably below analysts' predictions of a 3.1 percent uptick.The latest figure was also down from a 3.0 percent rise in September, the most recent month for which fuller data was available due to a lengthy...