But let’s focus on the choice of a 2% target. After the high inflation of the late 1970s and early 1980s, when it reached over 20% in the UK, central banks were left scrambling to find some new theoretical model to deal with rising prices. The first central bank to propose an inflation target of 2% was in New Zealand. But...
Israeli Prime Minister Benjamin Netanyahu on Sunday rejected conditions presented by Hamas to end the war and release hostages that would include Israel’s complete withdrawal and leaving Hamas in power in Gaza....
North Korean leader Kim Jong Un said his military should “thoroughly annihilate” the United States and South Korea if provoked, state media reported Monday, after he vowed to boost national defense to cope with what he called an unprecedented U.S.-led confrontation....
An aid package scheduled for Ukraine later this month will be the final one unless Congress approves additional help, the White House warned Monday....
Venezuelans going to the polls Sunday will be asked to answer an unusually provocative question: Should their government be given a blank check to invade neighboring Guyana, and wrest away three-quarters of its oil-rich territory?...
JERUSALEM, Nov 19 (Reuters) - Israel stepped up accusations of Hamas abuses at the Gaza Strip’s biggest hospital on Sunday, saying a captive soldier had been executed and two foreign hostages held at a site that has been a focus of its devastating six-week-old offensive.
A team of scientists broke new ground when a plane capable of carrying more than 300 passengers landed in Antarctica, with aviators hailing it as a world first....