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Fed officials cite elevated inflation, slow job growth and uncertainty in Middle East as reasons for holding ratesSign up for the Breaking News US email to get newsletter alerts in your inboxThe US Federal Reserve left interest rates unchanged after its latest board meeting, defying once again Donald Trump’s call for a cut as the central bank prepares for a leadership shake-up next month.On Wednesday, Fed officials continued to cite elevated inflation, slow job growth and uncertainty in the Middle East as reasons why rates were left untouched. Continue reading...

Defection is damaging to Saudi Arabia’s prestige – and could strengthen the US hand in the regionThe United Arab Emirates’ decision to walk out of Opec is a political as much as business decision, and will reignite the simmering rows between the UAE and Saudi Arabia – which had been covered up by their shared anger with Iran over its attacks on the Gulf states since the start of the US-Israel war on Tehran.In the short term, leaving the oil producing cartel it joined in 1967 gives the UAE the freedom to respond quickly to a long-term prospect of constrained supplies, and to maximise profit. But it is a decision the UAE has considered before, as UAE and Saudi tensions over production quotas have been longstanding. Continue reading...

An 89-year-old man was apprehended in Patras after allegedly injuring at least four people in two separate shootings in Athens. Authorities believe pension grievances and psychological issues fueled the attacks, which targeted a social security office and a court building. The suspect, found with a weapon, is under investigation.

The firms said last week that they will be reducing parental leave and other benefits for employees starting next yearRecent moves by US companies Deloitte and Zoom to reduce how much paid parental leave they offer employees could signal a larger reduction in benefits in corporate America, according to labor market experts.American workers are already seen as having less benefits and labor protections than many of their counterparts across the world, especially in Europe. Continue reading...

President blames dissident Farc faction for attack on Pan-American Highway that also injured 36 people in south-western region The death toll in a weekend highway bombing in Colombia has risen to 20, with another 36 people injured, amid a surge of violence ahead of presidential elections next month.Buses and vans were left mangled in the blast on Saturday on the Pan-American Highway, in the restive south-western Cauca department. Continue reading...

• A military confrontation along the Kashmir border escalated Friday when Pakistani forces fired on Indian positions near Uri, killing 12 Indian soldiers and wounding 18 others in the deadliest incident in two years, Pakistani military sources confirmed. • India's military responded with retaliatory strikes, with New Delhi claiming to have neutralized three Pakistani military positions; Pakistan denied casualties on its side but acknowledged defensive operations. • Regional analysts expressed alarm that the incident could spiral into broader conflict, warning both nations possess nuclear arsenals and recent diplomatic tensions have left few de-escalation channels open.

Repatriation attempt comes after group was turned around when leaving camp in February. Albanese government says it’s not assisting cohortGet our breaking news email, free app or daily news podcastFour Australian women and nine of their children and grandchildren have left al-Roj camp in north-east Syria, seeking to return to Australia.The group is reportedly travelling across Syria by road to the capital Damascus, under the control of the Syrian government. Continue reading...