A security officer stands guard at a building heavily damaged by Russian drone strikes in the town of Rzhyshchiv, in Kyiv region, Ukraine, March 22, 2023. REUTERS/Alina Yarysh
French workers angry with a rise in the pension age blocked access to a terminal at Paris’ Roissy-Charles De Gaulle airport as part of a nationwide day of protests, forcing some travelers to get there on foot. Train services were disrupted and some schools shut while garbage piled up on the streets.
A court in India found opposition leader Rahul Gandhi guilty of defamation for a speech he made in 2019 in which he referred to thieves as having the surname Modi, and sentenced him to two years in prison. Gandhi, the scion of the Nehru-Gandhi political dynasty, will appeal against the order in a higher court, his Congress party said.
China’s military said it had monitored and driven away a US destroyer that illegally entered waters around the Paracel Islands in the South China Sea. The US Navy disputed the Chinese military statement, saying the destroyer is conducting “routine operations” and was not expelled.
Australia took a step towards a historical referendum to give Aboriginal and Torres Strait Islanders recognition in the constitution and, for the first time, a voice on matters that affect their lives. In an emotional address, Prime Minister Anthony Albanese revealed the question the government wants to set for the vote later this year.
Florida Governor Ron DeSantis’ policy agenda includes new restrictions on abortion and further loosening gun laws, stances that may help him in his expected run for the 2024 Republican presidential nomination but could hurt his chances of actually being elected, according to a Reuters/Ipsos opinion poll.
Federal Reserve Chair Jerome Powell said banking industry stress could trigger a credit crunch with “significant” implications for an economy that US central bank officials projected will slow even more this year than previously thought. The Fed’s policy-setting committee raised interest rates by another quarter of a percentage point.
The Swiss National Bank raised its benchmark interest rate by 50 basis points and declared that measures to support Credit Suisse had “put a halt to the crisis”. The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as the world’s leading wealth management centre, experts warn.
The Bank of England is expected to raise interest rates for the 11th time in a row today after a surprise jump in inflation dashed speculation that it might have been about to go on pause.
New York kept the top spot in the latest rankings of global financial centers from Z/Yen Group, with London and Singapore also unchanged in second and third place.
And finally…
Jing Zhiyuan uses a remote kissing device at his home in Beijing, March 12, 2023. REUTERS/Tingshu Wang
A Chinese start-up inspired by lockdown isolation has invented a long-distance kissing device that transmits users’ kiss data collected through motion sensors hidden in silicon lips. It has received mixed reviews – among the top complaints was its lack of tongue.
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/cloudfront-us-east-2.images.arcpublishing.com/reuters/IMGTZVNBINLJ3CJHLNM6ECAXPI.jpg "Ukraine says a counterstrike is coming soon 44")
