Moldova: ‘Russia Seeks Overthrow Government’
Moldova’s president says Russia is plotting to overthrow the country’s pro-European Union after a Russian missile violated the country’s airspace.
One-third of world economy expected to be in recession in 2023, says IMF chief
This year is going to be tougher on the global economy than 2022, the International Monetary Fund’s chief, Kristalina Georgieva, has warned.
U.S. sees major housing price correction, nearly the largest since World War II
The United States is seeing a major price correction in its housing market, with analysts calling it very nearly the largest such shift since the end of World War II roughly 80 years ago.
Fed hikes interest rate by half a percentage point, with benchmark rate projected to top out at 5.25%
The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point and signaled more tightening next year as it continues to battle high inflation, a fight that’s expected to slow the economy and raise unemployment.
Hungary Delaying NATO Expansion Seeks Israel’s Defense
Hungary’s controversial prime minister says his country will only consider ratifying NATO military alliance membership of Finland and Sweden next year.
Home sales fell for the ninth straight month in October, as higher mortgage rates scared off potential buyers
Existing home sales in the United States fell for the ninth straight month in October as higher mortgage rates kept buyers out of the housing market.
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